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Merchants Bonding Company Foundation is a private corporation based in WDM, IA. The foundation received its IRS ruling in 2009. The principal officer is Larry Taylor. It holds total assets of $1.2M. Annual income is reported at $468K. Total assets have grown from $327K in 2011 to $1M in 2023. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Iowa. According to available records, Merchants Bonding Company Foundation has made 354 grants totaling $1.2M, with a median grant of $1K. Annual giving has grown from $329K in 2021 to $461K in 2023. Individual grants have ranged from N/A to $187K, with an average award of $4K. The foundation has supported 211 unique organizations. The foundation primarily supports organizations in Iowa, Virginia, District of Columbia, which account for 65% of all grants. Grantmaking reaches organizations across 32 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$550
Median Grant
$2K
Average Grant
$4K
Largest Grant
$35K
Based on 52 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Merchants Bonding Company Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 354 grants. Its grantmaking reaches organizations primarily in IA, VA, DC.
Merchants Bonding Company Foundation has distributed a total of $1.2M across 354 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from N/A to $187K.
Merchants Bonding Company Foundation typically selects its grantees rather than accepting unsolicited proposals.
Merchants Bonding Company Foundation is headquartered in WDM, IA. While based in IA, the foundation distributes grants to organizations across 32 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Larry Taylor | PRESIDENT | $0 | $0 | N/A |
| William Warner Jr | SR. VICE PRESIDENT & SECRETARY | $0 | $0 | N/A |
| Therese Wielage | VICE PRESIDENT | $0 | $0 | N/A |
| Don Blum | TREASURER | $0 | $0 | N/A |
| Melissa Warner | DIRECTOR | $0 | $0 | N/A |
| Janet Taylor | DIRECTOR | $0 | $0 | N/A |
| Bill Taylor | DIRECTOR | $0 | $0 | N/A |
| Jeff Taylor | DIRECTOR | $0 | $0 | N/A |
Total Giving
$620K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$512K
Contributions
$620K
Net Investment Income
$27K
Distribution Amount
$62K
Total Grants
354
Total Giving
$1.2M
Average Grant
$4K
Median Grant
$1K
Unique Recipients
211
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayPROGRAM SUPPORT | Des Moines, IA | $14K | 2023 |
| Everystep FoundationPROGRAM SUPPORT | Des Moines, IA | $187K | 2023 |
| Agc Education And Research FoundationPROGRAM SUPPORT | Arlington, VA | $60K | 2023 |
| Sfaa FoundationPROGRAM SUPPORT | Washington, DC | $30K | 2023 |
| Great Outdoor FoundationPROGRAM SUPPORT | Des Moines, IA | $20K | 2023 |
| Iowa Soccer DeleopmentPROGRAM SUPPORT | Des Moines, IA | $20K | 2023 |
| Variety - The Childrens CharityPROGRAM SUPPORT | Des Moines, IA | $13K | 2023 |
| Boys & Girls Club Of Central IowaPROGRAM SUPPORT | Des Moines, IA | $7K | 2023 |
| Bravo Greater Des MoinesPROGRAM SUPPORT | Des Moines, IA | $5K | 2023 |
| Wesley LifePROGRAM SUPPORT | Johnston, IA | $5K | 2023 |
| Des Moines Performing ArtsPROGRAM SUPPORT | Des Moines, IA | $5K | 2023 |
| Iowa Collage FoundationPROGRAM SUPPORT | Des Moines, IA | $4K | 2023 |
| Blank Children'S HospitalPROGRAM SUPPORT | Des Moines, IA | $4K | 2023 |
| Can PlayPROGRAM SUPPORT | West Des Moines, IA | $3K | 2023 |
| Des Moines Metro OperaPROGRAM SUPPORT | Indianola, IA | $3K | 2023 |
| Leukemia & Lymphoma SocietyPROGRAM SUPPORT | New York, NY | $3K | 2023 |
| Childserve FoundationPROGRAM SUPPORT | Johnston, IA | $3K | 2023 |
| Des Moines UniversityPROGRAM SUPPORT | West Des Moines, IA | $3K | 2023 |
| Des Moines SymphonyPROGRAM SUPPORT | Des Moines, IA | $3K | 2023 |
| San Antonio Livestock Exposition IncPROGRAM SUPPORT | San Antonio, TX | $2K | 2023 |
| Dmacc FoundationPROGRAM SUPPORT | Ankeny, IA | $2K | 2023 |
| Lake Washington Youth Baseball ClubPROGRAM SUPPORT | Kirkland, WA | $2K | 2023 |
| Community Foundation Of Greater Des MoinesPROGRAM SUPPORT | Des Moines, IA | $2K | 2023 |
| Ymca Of Greater Des MoinesPROGRAM SUPPORT | Des Moines, IA | $2K | 2023 |
| Orchard PlacePROGRAM SUPPORT | Des Moines, IA | $2K | 2023 |
| Iowa FblaPROGRAM SUPPORT | Chariton, IA | $2K | 2023 |
| Meals From The HeartlandPROGRAM SUPPORT | West Des Moines, IA | $2K | 2023 |
| Greater Des Moines Leadership Institure - Lead DsmPROGRAM SUPPORT | Des Moines, IA | $2K | 2023 |
| Iowa Healthiest State InitiativePROGRAM SUPPORT | Des Moines, IA | $2K | 2023 |
| Please Pass The LovePROGRAM SUPPORT | West Des Moines, IA | $1K | 2023 |
| Ronald Mcdonald HousePROGRAM SUPPORT | Des Moines, IA | $1K | 2023 |
| Children & Families Of IowaPROGRAM SUPPORT | Des Moines, IA | $1K | 2023 |
| Floyd Central Pto RenaissancePROGRAM SUPPORT | Louisville, KY | $1K | 2023 |
| Above Beyond CancerPROGRAM SUPPORT | West Des Moines, IA | $1K | 2023 |
| Girl Scouts Of AmericaPROGRAM SUPPORT | Des Moines, IA | $1K | 2023 |
| Mercy Foundation Of Des MoinesPROGRAM SUPPORT | West Des Moines, IA | $1K | 2023 |
| Living Well Disability ServicesPROGRAM SUPPORT | Mendota Heights, MN | $1K | 2023 |
| Nami IowaPROGRAM SUPPORT | Des Moines, IA | $1K | 2023 |
| Chilren'S Cancer ConnectionPROGRAM SUPPORT | Johnston, IA | $1K | 2023 |
| Des Moines Botanical GardenPROGRAM SUPPORT | Des Moines, IA | $1K | 2023 |
| United Way Of The National Capital AreaPROGRAM SUPPORT | Vienna, VA | $1K | 2023 |
| Namic Mutual Insurance FoundationPROGRAM SUPPORT | Indianapolis, IN | $1K | 2023 |
| Angel ReachPROGRAM SUPPORT | Conroe, TX | $1K | 2023 |
| Stephen Breen Memorial FoundationPROGRAM SUPPORT | Fort Wirth, TX | $1K | 2023 |
| Council For Native Hawaiian Advancement - Kako'O MauiPROGRAM SUPPORT | Kapolei, HI | $1K | 2023 |
| Shoes That FitPROGRAM SUPPORT | Claremont, CA | $1K | 2023 |
| Bobby Bragen Youth FoundationPROGRAM SUPPORT | Fort Wirth, TX | $1K | 2023 |
| Nebraska Game & Parks FoundaitonPROGRAM SUPPORT | Waverly, NE | $1K | 2023 |
| Mid-Iowa Council - Boy Scouts Of AmericanPROGRAM SUPPORT | Des Moines, IA | $1K | 2023 |
| Hoag Charity SportsPROGRAM SUPPORT | Costa Mesa, CA | $1K | 2023 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA