CEDAR RAPIDS, IA

Mount Mercy University

Quick Facts

EIN
42-0681046
Location
CEDAR RAPIDS, IA
Category
Education
NTEE Code
B420
Total Assets
$100.2M
Annual Income
$75M
Annual Revenue
$53.1M
IRS Ruling Year
1946
Tax Subsection
501(c)(03)

About This Organization

Mount Mercy University is a nonprofit organization based in CEDAR RAPIDS, IA. It received its IRS tax-exempt ruling in 1946. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $100.2M. Annual income is $75M. The organization has received $1.3M in foundation grants from 26 funders. It has received $23M in federal awards from 2 agencies.

Grants Received from Foundations

Foundation grants awarded to Mount Mercy University, based on IRS 990-PF filings.

FunderAmountYearPurpose
Keech Scholarship Fund$80K2024SCHOLARSHIP
Grace F Tschirgi Scholarship Fund$13K2024SCHOLARSHIPS
Michael & Susan Dell Foundation$5K2024Scholarship for O. Salinas ($5,000)
Voorhees Family Foundation$5K2024Scholarship
Robert W Plaster Foundation Inc.$600K2023GENERAL CONTRIBUTION
Keech Scholarship Fund$90K2023SCHOLARSHIP
Carleen And Eugene Grandon Charitable Foundation$75K2023SUPPORT ESTABLISHED ORGANIZATION.
Lavern T Busse & Audrey Busse Foundation$44K2023GENERAL OPERATING BUDGET
Roy J Carver Charitable Trust$16K2023PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
Grace F Tschirgi Scholarship Fund$15K2023SCHOLARSHIPS
Gallagher Family Foundation$15K2023EDUCATION SUPPORT
Mcintyre Foundation$12K2023GENERAL PURPOSES
United Fire Group Foundation$10K2023PROVIDE FUNDS FOR SERVICE TO COMMUNITY
Robert L & Mary Frances Cattoi Family Foundation$8K2023EDUCATION
Voorhees Family Foundation$5K2023SCHOLARSHIP
Mount Saint Clare Education Charitable Trust$4K2023Scholarships
Charles E Fahrney Education Foundation$3K2023SCHOLARSHIPS
Ottumwa Regional Legacy Foundation Inc.$3K20232023 LCL SCHOLARSHIP
Cundiff Scholarship Trust$2K2023SCHOLARSHIPS
Ottumwa Regional Legacy Foundation Inc.$1K20232023 LCL SCHOLARSHIP
John P Mentzer Scolarship Trust$1K2023SCHOLARSHIP
Peculiar Charitable Foundation$1K2023SCHOLARSHIPS
Doris K Hobson Family Foundation$1K2023GENERAL OPERATING BUDGET
Equitable Foundation Inc.N/A2023GENERAL CONTRIBUTION
Keech Scholarship Fund$88K2022SCHOLARSHIP
Lavern T Busse & Audrey Busse Foundation$55K2022GENERAL OPERATING BUDGET
Roy J Carver Charitable Trust$16K2022PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
Gallagher Family Foundation$15K2022EDUCATION SUPPORT
Grace F Tschirgi Scholarship Fund$14K2022SCHOLARSHIPS
Caerus Foundation Inc.$12K2022Hurvis Scholar #8
Caerus Foundation Inc.$12K2022Hurvis Scholar #8
Caerus Foundation Inc.$12K2022Hurvis Scholar #7
Caerus Foundation Inc.$12K2022Hurvis Scholar #7
United Fire Group Foundation$10K2022PROVIDE FUNDS FOR SERVICE TO COMMUNITY
Robert L & Mary Frances Cattoi Family Foundation$8K2022Education
Robert L & Mary Frances Cattoi Family Foundation$8K2022Education
Kirsch Scholarship Fund$6K2022SCHOLARSHIP
Kirsch Scholarship Fund$6K2022SCHOLARSHIP
Joseph And Sharon Darcey Foundation Inc.$5K2022PROGRAM SUPPORT
Burns-Donovan Foundation$5K2022RELIGIOUS EDUCATION
Mamoru And Aiko Takitani Foundation Inc.$5K2022BOWLING TEAM PROGRAM SUPPORT
Mamoru And Aiko Takitani Foundation Inc.$5K2022BOWLING TEAM PROGRAM SUPPORT
Voorhees Family Foundation$4K2022SCHOLARSHIP
Ottumwa Regional Legacy Foundation Inc.$3K20222022 LCL SCHOLARSHIP
Charles E Fahrney Education Foundation$3K2022SCHOLARSHIPS
Charles E Fahrney Education Foundation$3K2022SCHOLARSHIPS
Mount Saint Clare Education Charitable Trust$3K2022Scholarships
Michael & Susan Dell Foundation$3K2022Scholarship for Omar SALINAS
Michael & Susan Dell Foundation$3K2022Scholarship for Omar SALINAS
Ralph J Baudhuin Foundation$2K2022SCHOLARSHIP

Federal Awards Received

Federal grants and cooperative agreements from USAspending.gov.

AgencyProgramAmountYear
Department of Education10 awards totaling $22,979,188$23M2024
Department of Health and Human Services3 awards totaling N/A2024

Frequently Asked Questions

What does Mount Mercy University do?

Mount Mercy University is a nonprofit organization focused on education, based in CEDAR RAPIDS, IA. It is classified under IRC Section 501(c)(03).

Who funds Mount Mercy University?

Mount Mercy University has received foundation grants from Keech Scholarship Fund, Grace F Tschirgi Scholarship Fund, Michael & Susan Dell Foundation, and others. It has also received federal awards from Department of Education, Department of Health and Human Services.

What is Mount Mercy University's annual revenue?

Mount Mercy University reports total assets of $100.2M. Annual income is $75M.

Where is Mount Mercy University located?

Mount Mercy University is located in CEDAR RAPIDS, IA.

Is Mount Mercy University a 501(c)(3)?

Yes, Mount Mercy University is a 501(c)(3) tax-exempt organization. Its EIN is 42-0681046. Donations to this organization may be tax-deductible.

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