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Mercer Family Foundation is a private corporation based in WALTHAM, MA. The foundation received its IRS ruling in 2005. The principal officer is % Rebekah A Mercer. It holds total assets of $88.3M. Annual income is reported at $4.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mercer Family Foundation has made 13 grants totaling $98.1M, with a median grant of $250K. Annual giving has decreased from $26M in 2020 to $3.5M in 2023. Grantmaking activity was highest in 2022 with $62.3M distributed across 4 grants. Individual grants have ranged from $9K to $31M, with an average award of $7.5M. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Virginia, New York, Ohio, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Mercer Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in VA, NY, OH.
Mercer Family Foundation has distributed a total of $98.1M across 13 grants. The median grant size is $250K, with an average of $7.5M. Individual grants have ranged from $9K to $31M.
Mercer Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mercer Family Foundation is headquartered in WALTHAM, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer Mercer | Director | $0 | $0 | $0 |
| Heather Mercer | Director | $0 | $0 | $0 |
| Rebekah Mercer | Director | $0 | $0 | $0 |
| Robert Mercer | Director | $0 | $0 | $0 |
Total Giving
$3.7M
Total Assets
$87.6M
Fair Market Value
$87.6M
Net Worth
$87.6M
Grants Paid
$3.5M
Contributions
$0
Net Investment Income
$2.8M
Distribution Amount
$4.3M
Total: $79.4M
Total Grants
13
Total Giving
$98.1M
Average Grant
$7.5M
Median Grant
$250K
Unique Recipients
7
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Donors TrustGeneral Support | Alexandria, VA | $3.5M | 2023 |
| The Ohio State UniversityGeneral Support | Columbus, OH | $150K | 2022 |
| Oregon Institute Of Science And MedicineGeneral Support | Cave Junction, OR | $250K | 2021 |
| Federation Of Tamil Sangams Of North AmericaGeneral Support | Ellicott City, MD | $100K | 2021 |
| Explorer'S ClubGeneral Support | New York, NY | $100K | 2021 |
Other foundations that have funded Mercer Family Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Teller Family Foundation | $1K | 2022 | CHARITABLE DONATION |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| American Association For Aerosol ResearchGeneral Support | Reston, VA | $9K | 2021 |
| Hospital For Special SurgeryGeneral | New York, NY | $6.8M | 2020 |
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