Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mercy Foundation Inc. is a private corporation based in FLORENCE, KY. The foundation received its IRS ruling in 2002. The principal officer is Mohamed A Zineddin. It holds total assets of $1.3M. Annual income is reported at $383K. Total assets have decreased from $2M in 2011 to $1.6M in 2023. The foundation is governed by 3 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 2015 to 2023. Funding is distributed across 4 states, including Illinois, Kentucky, Michigan. According to available records, Mercy Foundation Inc. has made 38 grants totaling $1.2M, with a median grant of $16K. Annual giving has grown from $232K in 2021 to $940K in 2022. Individual grants have ranged from $1K to $110K, with an average award of $31K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Kentucky, New Jersey, Michigan, which account for 76% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$35K
Average Grant
$39K
Largest Grant
$90K
Based on 6 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.
Mercy Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in KY, NJ, MI.
Mercy Foundation Inc. has distributed a total of $1.2M across 38 grants. The median grant size is $16K, with an average of $31K. Individual grants have ranged from $1K to $110K.
Mercy Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mercy Foundation Inc. is headquartered in FLORENCE, KY. While based in KY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kheder Kutmuh | Director | $0 | $0 | N/A |
| Mohamed Zineddin | Director | $0 | $0 | N/A |
| Rula Abdulrazzak | Director | $0 | $0 | N/A |
Total Giving
$470K
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
$324K
Contributions
$652K
Net Investment Income
$10K
Distribution Amount
$13K
Total Grants
38
Total Giving
$1.2M
Average Grant
$31K
Median Grant
$16K
Unique Recipients
18
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Helping HandsHumanitarian | Southfield, MI | $5K | 2022 |
| SwasiaHumanitarian | Clifton, NJ | $110K | 2022 |
| Islamic Center Of Northern KyReligious | Florence, KY | $100K | 2022 |
| Islamic School Of LouisvilleEducation | Louisville, KY | $46K | 2022 |
| Balsam ProjectHumantarian | Vienna | $45K | 2022 |
| Hira InstituteHumanitarian | Louisville, KY | $35K | 2022 |
| Nur Islamic SchoolEducation | Louisville, KY | $35K | 2022 |
| United Humanitarian FoundationHumanitarian | Allen Park, MI | $20K | 2022 |
| Refugee TuitionEducation | Florence, KY | $16K | 2022 |
| Flint Islamic CenterReligious | Swartz Creek, MI | $12K | 2022 |
| Yaqueen InstituteReligious | Irving, TX | $11K | 2022 |
| Alnur MosqueReligious | Louisville, KY | $10K | 2022 |
| Guiding Light Islamic SchoolEducation | Louisville, KY | $10K | 2022 |
| Muslim Comm CenterReligious | Louisville, KY | $10K | 2022 |
| Michigan Islamic CenterReligious | Dearborn, MI | $5K | 2022 |
| Pure HandsHumanitarian | Plano, TX | $1K | 2022 |
| Hope For Releif And DevelopmentHumanitarian | Willowbrook, IL | $40K | 2021 |
| International Call OrganizationHumanitarian | Bridgeview, IL | $5K | 2021 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY