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Mervis Family Foundation is a private corporation based in CARMEL, IN. The foundation received its IRS ruling in 1994. The principal officer is Michael J Mervis. It holds total assets of $1.5M. Annual income is reported at $2.4M. Total assets have grown from $87K in 2011 to $1M in 2023. The foundation is governed by 7 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Indiana and Illinois. According to available records, Mervis Family Foundation has made 17 grants totaling $909K, with a median grant of $40K. The foundation has distributed between $175K and $552K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $552K distributed across 8 grants. Individual grants have ranged from $937 to $154K, with an average award of $53K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Illinois and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$450
Median Grant
$30K
Average Grant
$42K
Largest Grant
$98K
Based on 5 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.
Mervis Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in IL, IN.
Mervis Family Foundation has distributed a total of $909K across 17 grants. The median grant size is $40K, with an average of $53K. Individual grants have ranged from $937 to $154K.
Mervis Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (351921800) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Mervis Family Foundation is headquartered in CARMEL, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sybil S Mervis | SECRETARY | $0 | $0 | N/A |
| Isaac Mervis | VICE PRESIDENT | $0 | $0 | N/A |
| Michael J Mervis | PRESIDENT | $0 | $0 | N/A |
| Zoe Mervis | DIRECTOR | $0 | $0 | N/A |
| Audra Mervis | DIRECTOR | $0 | $0 | N/A |
| Robert L Bates | TREASURER | $0 | $0 | N/A |
| Joseph Mervis | DIRECTOR | $0 | $0 | N/A |
Total Giving
$189K
Total Assets
$1M
Fair Market Value
$1.1M
Net Worth
$1M
Grants Paid
$182K
Contributions
$253K
Net Investment Income
$155K
Distribution Amount
$41K
Total: $987K
Total Grants
17
Total Giving
$909K
Average Grant
$53K
Median Grant
$40K
Unique Recipients
5
Most Common Grant
$46K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillel Of Indiana UniversityFOUNDATION SUPPORT | Bloomington, IN | $59K | 2023 |
| Educational Organizations -EDUCATIONAL CAUSES | Danville, IL | $53K | 2023 |
| Civic Organizations -CIVIC CAUSES | Danville, IL | $29K | 2023 |
| Medical Organizations -MEDICAL RESEARCH/SUPPORT | Carmel, IN | $22K | 2023 |
| Jewish Organizations -JEWISH CAUSES | Champaign, IL | $18K | 2023 |