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Merkin Family Foundation is a private corporation based in MARINA DL REY, CA. The foundation received its IRS ruling in 2004. It holds total assets of $228.6M. Annual income is reported at $26M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Merkin Family Foundation has made 58 grants totaling $53.4M, with a median grant of $100K. Annual giving has grown from $12.8M in 2020 to $23.5M in 2022. Individual grants have ranged from $10K to $7M, with an average award of $922K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Maryland, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Merkin Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in CA, MA, MD.
Merkin Family Foundation has distributed a total of $53.4M across 58 grants. The median grant size is $100K, with an average of $922K. Individual grants have ranged from $10K to $7M.
Merkin Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Merkin Family Foundation is headquartered in MARINA DL REY, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anne Wymer | SECRETARY/TREASURER | $0 | $0 | $0 |
| Richard Merkin | PRESIDENT | $0 | $0 | $0 |
Total Giving
$12.3M
Total Assets
$228.7M
Fair Market Value
N/A
Net Worth
$228.7M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$4.9M
Distribution Amount
$11M
Total Grants
58
Total Giving
$53.4M
Average Grant
$922K
Median Grant
$100K
Unique Recipients
28
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Francis FoundationHEALTHCARE | San Francisco, CA | $50K | 2021 |
| Why Not FoundationEDUCATION | Los Angeles, CA | $20K | 2020 |
| Johns Hopkins UniversityMEDICAL RESEARCH | Baltimore, MD | $4M | 2022 |
| Broad InstituteMEDICAL RESEARCH | Cambridge, MA | $3M | 2022 |
| California Institute Of TechnologyEDUCATION |
| Pasadena, CA |
| $2M |
| 2022 |
| University Of California - San DiegoEDUCATION | La Jolla, CA | $1M | 2022 |
| Milken InstituteEDUCATION | Flushing, CA | $766K | 2022 |
| Prostate Cancer FoundationMEDICAL AND CANCER RESEARCH | Santa Monica, CA | $430K | 2022 |
| Macgillivray Freeman Educational FoundationEDUCATION | Laguna Beach, CA | $250K | 2022 |
| Los Angeles County Museum Of ArtARTS & EDUCATION | Los Angeles, CA | $100K | 2022 |
| University Of Southern CaliforniaMEDICAL RESEARCH | Los Angeles, CA | $100K | 2022 |
| Regents Of The University Of CaEDUCATION | Oakland, CA | $75K | 2022 |
| Los Angeles BalletARTS & EDUCATIONARTS & EDUCATION | Los Angeles, CA | $25K | 2022 |
| Kershaw'S ChallengePROGRAM ASSISTANCE | Dallas, TX | $15K | 2022 |
| Ucla FoundationMEDICAL RESEARCH | Los Angeles, CA | $10K | 2022 |
| Western Governors UniversitySUPPORT EDUCATION AND COMMUNITY | Santa Ana, CA | $1M | 2021 |
| The Maven ProjectTELEHEALTH | San Francisco, CA | $300K | 2021 |
| Bioscience Los Angeles CountySUPPORT EDUCATION AND COMMUNITY | Los Angeles, CA | $250K | 2021 |
| The Harold & Carole Pump FoundationMEDICAL RESEARCH | Santa Monica, CA | $100K | 2021 |
| Cosmos FoundationEDUCATIONAL | Davis, CA | $75K | 2021 |
| Community Partners InternationalHELP VULNERABLE COMMUNITIES | San Francisco, CA | $65K | 2021 |
| Kyles Family FoundationTEACH LIFE SKILLS | Los Angeles, CA | $25K | 2021 |
| United Friends Of The ChildrenFOSTER YOUTH SUPPORT | Los Angeles, CA | $20K | 2021 |
| California State University Of LaEDUCATION | Los Angeles, CA | $10K | 2021 |
| Wgu AdvancementEDUCATION | Salt Lake City, UT | $1M | 2020 |
| Schaeffer Center For Health PolicyMEDICAL RESEARCH | Los Angeles, CA | $100K | 2020 |
| Boys & Girls Club Of AmericaEDUCATION | Long Beach, CA | $50K | 2020 |
| Alliance For College Ready Public SchoolsEDUCATION | Los Angeles, CA | $25K | 2020 |
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