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Merus Foundation is a private corporation based in CINCINNATI, OH. The foundation received its IRS ruling in 2022. It holds total assets of $8.5M. Annual income is reported at $3.1M. Total assets have grown from N/A in 2021 to $6.4M in 2023. The foundation is governed by 4 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 2021 to 2023. According to available records, Merus Foundation has made 13 grants totaling $82K, with a median grant of $500. Individual grants have ranged from $100 to $50K, with an average award of $6K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Ohio, Tennessee, North Carolina, which account for 77% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
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.
Merus 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 OH, TN, NC.
Merus Foundation has distributed a total of $82K across 13 grants. The median grant size is $500, with an average of $6K. Individual grants have ranged from $100 to $50K.
Merus Foundation typically selects its grantees rather than accepting unsolicited proposals.
Merus Foundation is headquartered in CINCINNATI, OH. While based in OH, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Molly North | CEO | $0 | $0 | N/A |
| Stephanie Gaither | EXECUTIVE VP & COO, REAL ESTATE | $0 | $0 | N/A |
| Paul Muething | CHAIRMAN | $0 | $0 | N/A |
| Samantha Cetrulo | SECRETARY | $0 | $0 | N/A |
Total Giving
$161K
Total Assets
$6.4M
Fair Market Value
$6.4M
Net Worth
$6.4M
Grants Paid
$141K
Contributions
$2.4M
Net Investment Income
$134K
Distribution Amount
$285K
Total: $5.9M
Total Grants
13
Total Giving
$82K
Average Grant
$6K
Median Grant
$500
Unique Recipients
13
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Art Opportunities IncGENERAL PURPOSE | Cincinnati, OH | $50K | 2022 |
| Cincinnati Usa Regional Chamber FoundationGENERAL PURPOSE | Cincinnati, OH | $25K | 2022 |
| Noah Fisher - Scholarship FundGENERAL PURPOSE | Ross, OH | $2K | 2022 |
| ProkidsGENERAL PURPOSE | Cincinnati, OH | $1K | 2022 |
| Talbert HouseGENERAL PURPOSE | Cincinnati, OH | $750 | 2022 |
| Catholic CharitiesGENERAL PURPOSE | Alexandria, VA | $500 | 2022 |
| College Hill Community Urban Redevelopment CorporationGENERAL PURPOSE | Cincinnati, OH | $500 | 2022 |
| Habitat For Humanity Of Wake County IncGENERAL PURPOSE | Raleigh, NC | $500 | 2022 |
| St Jude Children'S Research HospitalGENERAL PURPOSE | Memphis, TN | $500 | 2022 |
| American Cancer Society IncGENERAL PURPOSE | Kennesaw, GA | $500 | 2022 |
| Xavier UniversityGENERAL PURPOSE | Cincinnati, OH | $500 | 2022 |
| Big Brothers Big Sisters Of Middle TnGENERAL PURPOSE | Nashville, TN | $210 | 2022 |
| The Leukemia & Lymphoma Society IncGENERAL PURPOSE | Rye Brook, NY | $100 | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH