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Merced Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2014. The principal officer is Daniel Cahill. It holds total assets of $3.7M. Annual income is reported at $711K. Total assets have decreased from $5.5M in 2014 to $3.8M in 2023. The foundation is governed by 3 officers and trustees. The philanthropic hub of Merced County, leveraging local philanthropy to grant over $3 million and supporting conservation and care of the county. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Merced County, California. According to available records, Merced Foundation has made 11 grants totaling $325K, with a median grant of $20K. Annual giving has decreased from $220K in 2020 to $105K in 2022. Individual grants have ranged from $5K to $85K, with an average award of $30K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$18K
Average Grant
$28K
Largest Grant
$85K
Based on 8 grants from the most recent 990-PF filing.
Scholarships for Merced County students pursuing higher education
Community investment strategy for healthcare access
Community investment strategy to address poverty
Community investment strategy for community development
The philanthropic hub of Merced County, leveraging local philanthropy to grant over $3 million and supporting conservation and care of the county. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in TX.
Merced Foundation has distributed a total of $325K across 11 grants. The median grant size is $20K, with an average of $30K. Individual grants have ranged from $5K to $85K.
Merced Foundation typically selects its grantees rather than accepting unsolicited proposals. Must be 501(c)(3) tax-exempt, not a private foundation. Must serve Merced County residents. Must practice non-discriminatory hiring and service policies.
Merced Foundation is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Cahill | TREASURER | $80K | $0 | $80K |
| Calvin Cahill | PRESIDENT | $0 | $0 | N/A |
| Marguerite Cahill | SECRETARY | $0 | $0 | N/A |
Total Giving
$222K
Total Assets
$3.8M
Fair Market Value
$4.5M
Net Worth
$3.8M
Grants Paid
$85K
Contributions
N/A
Net Investment Income
$242K
Distribution Amount
$210K
Total: $1.4M
Total Grants
11
Total Giving
$325K
Average Grant
$30K
Median Grant
$20K
Unique Recipients
9
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Charities Of Central TexasUNRESTRICTED GENERAL | Austin, TX | $55K | 2022 |
| Ronald Mcdonald House Charities Cntrl TxUNRESTRICTED GENERAL | Austin, TX | $50K | 2022 |
| Lutheran Social Services Of The SouthSUPPORT FOR THE 'BE REAL | Austin, TX | $40K | 2020 |
| Greater Houston Community FdnUNRESTRICTED GENERAL | Houston, TX | $25K | 2020 |
| Prison EntrepeneurshipUNRESTRICTED GENERAL | Houston, TX | $15K | 2020 |
| San Antonio Food BankUNRESTRICTED GENERAL | San Antonio, TX | $10K | 2020 |
| United Way Of Greater HoustonUNRESTRICTED GENERAL | Houston, TX | $10K | 2020 |
| Houston Food BankUNRESTRICTED GENERAL | Houston, TX | $10K | 2020 |
| Philanthropy SouthwestUNRESTRICTED GENERAL | Dallas, TX | $5K | 2020 |