Data / Foundation grants / Merchants Foundation Inc
Merchants Foundation Inc: 35 grants to organizations, $449,520 (tax year ended December 2024)
Merchants Foundation Inc, a private foundation in Carmel, IN, paid 35 grants to organizations totaling $449,520 in its tax year ended December 2024, according to its Form 990-PF filed with the IRS on October 21, 2025. The largest was $90,000 to Indiana University Foundation Inc in Bloomington, IN for general support.
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- EIN
- 881340802
- Based in
- Carmel, IN
- Assets
- $500
- Grants paid
- $449,520
- Tax year ended
- December 2024
Grants paid, tax year ended December 2024
From the Form 990-PF filed October 21, 2025, IRS object ID 202512949349100606. It reported $449,520 in grants paid; 35 grants to organizations are listed.
| Recipient | Location | Purpose | Cause | Amount | Source |
|---|---|---|---|---|---|
| Indiana University Foundation Inc | Bloomington, IN | General support | Education | $90,000 | apps.irs.gov |
| Rdoor - Fka (merchants Affordable Housing Corp) | Indianapolis, IN | General support | $75,000 | apps.irs.gov | |
| Coburn Place | Indianapolis, IN | General support | $50,000 | apps.irs.gov | |
| Greater Indianapolis Habitat for Humanity | Indianapolis, IN | General support | $50,000 | apps.irs.gov | |
| Providence Cristo Rey High School | Indianapolis, IN | General support | $32,000 | apps.irs.gov | |
| First Baptist Athletics | Indianapolis, IN | General support | $20,000 | apps.irs.gov | |
| Local Initiatives Support Corporation (lisc) Indiana | Indianapolis, IN | General support | $20,000 | apps.irs.gov | |
| Second Helpings | Indianapolis, IN | General support | Food, agriculture and nutrition | $13,000 | apps.irs.gov |
| Catch the Stars Foundation | Indianapolis, IN | General support | Education | $10,000 | apps.irs.gov |
| Community Foundation of Randolph County | Winchester, IL | General support | $10,000 | apps.irs.gov | |
| Dove Recovery House for Women | Indianapolis, IN | General support | Mental health and crisis intervention | $10,000 | apps.irs.gov |
| Partners in Housing | Indianapolis, IN | General support | $10,000 | apps.irs.gov | |
| The Arc Minnesota | Saint Paul, MN | General support | $10,000 | apps.irs.gov | |
| Million Meal Movement | Indianapolis, IN | General support | $7,020 | apps.irs.gov | |
| A Kid Again - Indiana Chapter | Indianapolis, IN | General support | $5,000 | apps.irs.gov | |
| Coalition for Homelessness Intervention and Prevention (chip) | Indianapolis, IN | General support | $5,000 | apps.irs.gov | |
| Dream Alive Inc | Indianapolis, IN | General support | $5,000 | apps.irs.gov | |
| Foster Success | Indianapolis, IN | General support | Human services | $5,000 | apps.irs.gov |
| Seeds of Hope | Indianapolis, IN | General support | Mental health and crisis intervention | $5,000 | apps.irs.gov |
| Twin Cities Habitat for Humanity | Saint Paul, MN | General support | $3,000 | apps.irs.gov | |
| Village of Merici | Indianapolis, IN | General support | Housing and shelter | $2,500 | apps.irs.gov |
| Gleaner's Food Bank | Indianapolis, IN | General support | $2,340 | apps.irs.gov | |
| Alzheimer's Association of Greater Indiana | Indianapolis, IN | General support | $1,000 | apps.irs.gov | |
| The O'Connor House | Washington, DC | General support | $1,000 | apps.irs.gov | |
| The Open Door | Eagan, MN | General support | Food, agriculture and nutrition | $984 | apps.irs.gov |
| Food Bank of South Jersey Inc | Pennsauken, NJ | General support | $900 | apps.irs.gov | |
| Lynn Community Food Pantry | Lynn, IN | General support | $777 | apps.irs.gov | |
| Gateway Hunger Relief Center | Richmond, IN | General support | $687 | apps.irs.gov | |
| Churches of Mercer County Food Pantry | Aledo, IL | General support | Food, agriculture and nutrition | $648 | apps.irs.gov |
| St Petersburg Free Clinic Inc | St Petersburg, FL | General support | $644 | apps.irs.gov | |
| Capital Area Food Bank Inc | Washington, DC | General support | Food, agriculture and nutrition | $638 | apps.irs.gov |
| Hands of Christ Food Pantry | Paxton, IL | General support | Food, agriculture and nutrition | $635 | apps.irs.gov |
| Paws Pantry at Iupui | Bloomington, IN | General support | $597 | apps.irs.gov | |
| Saint Francis House Inc | Boston, MA | General support | Human services | $587 | apps.irs.gov |
| New York Common Pantry Inc | New York City, NY | General support | Food, agriculture and nutrition | $563 | apps.irs.gov |
Causes funded
From grants whose recipient has a cause.
| Cause | Granted |
|---|---|
| Education | $100,000 |
| Food, agriculture and nutrition | $16,468 |
| Mental health and crisis intervention | $15,000 |
| Human services | $5,587 |
| Housing and shelter | $2,500 |
States funded
| Recipient state | Granted |
|---|---|
| Indiana | $419,921 |
| Minnesota | $13,984 |
| Illinois | $11,283 |
| District of Columbia | $1,638 |
| New Jersey | $900 |
| Florida | $644 |
| Massachusetts | $587 |
| New York | $563 |
Also on SpecStream
- Who funds education in Indiana
- Who funds mental health and crisis intervention in Indiana
- Who funds food, agriculture and nutrition in Indiana
- Who funds human services in Indiana
- Who funds housing and shelter in Indiana
- Who funds food, agriculture and nutrition in Illinois
Updated October 21, 2025. Read from IRS Form 990-PF e-file data. Public domain (U.S. government work). Grants are as each foundation reported them to the IRS on its Form 990-PF. Grants to individuals are left out. A grant has a cause only where the recipient's name and city match one organization in the IRS Business Master File, and the cause is that organization's NTEE major group. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.