RAHWAY, NJ
Merck Company Foundation
Quick Facts
- EIN
- 226028476
- Location
- RAHWAY, NJ
- Category
- General
- Total Assets
- $328.3M
- Annual Income
- $45.4M
- IRS Ruling Year
- 1959
About This Foundation
Merck Company Foundation is a private foundation based in RAHWAY, NJ. The foundation received its IRS ruling in 1959. It holds total assets of $328.3M. Annual income is reported at $45.4M.
View 990 FilingsFinancial Overview
Total Giving
$26.1M
2023+11%
Total Assets
$316.2M
2023-2%
Fair Market Value
$316.2M
2023
Net Worth
$309M
2023
Grants Paid
$24.3M
2023
Contributions
$0
2023
Net Investment Income
$2.5M
2023
Distribution Amount
$15.5M
2023
Total Giving by Year
$54M
11$44.4M
12$44.2M
13$33.4M
14$26.4M
15$22.9M
19$28.7M
20$25.2M
21$23.4M
22$26.1M
23Asset Growth
$244.1M
11$211.6M
12$172.1M
13$175.4M
14$292.6M
15$279.9M
19$280.9M
20$367.2M
21$321.5M
22$316.2M
23Investment Portfolio (2023)
Total: $0
Other Investments: $272.4M
Cash: $43.3M
Other Investments (86%)
Cash (14%)
Revenue Sources (2023)
- Other Income
- $9.8M
- Interest
- $6.1M
- Dividends
- $1.3M
Financial Details (2023)
- Total Revenue
- $17.3M
- Total Expenses
- $26.1M
- Exempt Purpose Expenses
- $25.7M
- Required Distribution
- $15.5M
- Undistributed Income
- $15.5M
- Total Liabilities
- $7.2M
- Excise Tax
- $34K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica