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The Mertz Charitable Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1984. The principal officer is Bny Mellon. It holds total assets of $321K. Annual income is reported at N/A. Total assets have decreased from $6.2M in 2011 to $2.9M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Illinois, Pennsylvania and New York. According to available records, The Mertz Charitable Trust has made 12 grants totaling $2.1M, with a median grant of $140K. The foundation has distributed between $700K and $750K annually from 2021 to 2023. Individual grants have ranged from $70K to $300K, with an average award of $179K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and Pennsylvania and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$140K
Median Grant
$280K
Average Grant
$233K
Largest Grant
$280K
Based on 3 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.
The Mertz Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NY, PA, IL.
The Mertz Charitable Trust has distributed a total of $2.1M across 12 grants. The median grant size is $140K, with an average of $179K. Individual grants have ranged from $70K to $300K.
The Mertz Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Mertz Charitable Trust is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | TRUSTEE | $17K | $0 | $17K |
Total Giving
$31K
Total Assets
$2.9M
Fair Market Value
$5.4M
Net Worth
$2.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$79K
Distribution Amount
$259K
Total Grants
12
Total Giving
$2.1M
Average Grant
$179K
Median Grant
$140K
Unique Recipients
3
Most Common Grant
$140K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Macula Foundation IncGENERAL OPERATING | New York, NY | $140K | 2023 |
| Swarthmore CollegeGENERAL OPERATING | Swarthmore, PA | $140K | 2023 |
| Alzheimer'S Disease & Disorders Assoc InGENERAL OPERATING | Chicago, IL | $70K | 2023 |