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Indiana · Private foundation

Merchants Foundation Inc

Its FY2024 filing reports that it accepted unsolicited grant applications.

$450k
Granted FY2024(still arriving)
35
Grants FY2024
5
Organizations funded FY2023
Read the full brief
Median grant, FY2024
$5,000
Largest grant, FY2024
$90,000
States reached, FY2024
8
Total assets, FY2024
$500
Applications
Takes unsolicited applications
Per its most recent filing; check its own site
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2024.

Housing & Shelter$149kEducation$127kCommunity Improvement$111kHuman Services$61kFood & Nutrition$29kHealth$24kYouth Development$23kRecreation & Sports$20kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
IL
NY
MA
IN
NJ
DC
FL

Top grantees

Largest recipients by total granted, FY2023 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Indiana University Foundation$90,00010%
Coburn Place Safehaven II Inc$50,00011%
Providence Cristo Rey High School Inc$32,0001n/a
Indianapolis First Baptist Church$20,0001n/a
Second Helpings Inc$13,00010%
Catch the Stars Foundation$10,00014%
Partners in Housing Development Corporation$10,00010%
The Community Foundation of Randolph County$10,0001n/a
Dove Recovery House for Women Inc$10,00010%
The Arc Minnesota Inc$10,00010%
Show all 30 grantees

What it could do for these grantees

Plus 10 recipients with no EIN on record ($238k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Merchants Foundation Inc supplied at peak.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetIndiana University Foundation: $90,000 over 1y, 0.0% of budgetCoburn Place Safehaven II Inc: $50,000 over 1y, 1.1% of budgetSecond Helpings Inc: $13,000 over 1y, 0.1% of budgetCatch the Stars Foundation: $10,000 over 1y, 4.4% of budgetPartners in Housing Development Corporation: $10,000 over 1y, 0.5% of budgetDove Recovery House for Women Inc: $10,000 over 1y, 0.3% of budgetThe Arc Minnesota Inc: $10,000 over 1y, 0.1% of budgetMillion Meal Movement Inc: $7,020 over 1y, 0.7% of budgetSeeds of Hope Inc: $5,000 over 1y, 0.4% of budgetDream Alive Inc: $5,000 over 1y, 0.4% of budgetBrightlane Learning Corp: $5,000 over 1y, 0.2% of budgetGennesaret Free Clinic Inc: $5,000 over 1y, 0.2% of budgetCoalition for Homelessness Intervention and Prevention of Greater Indpls Inc: $5,000 over 1y, 0.1% of budgetNeighborlink Indianapolis Foundation Inc: $5,000 over 1y, 0.5% of budgetFoster Success: $5,000 over 1y, 0.1% of budgetA Kid Again Inc: $5,000 over 1y, 0.1% of budgetTwin Cities Habitat for Humanity: $3,000 over 1y, 0.0% of budgetVillage of Merici Inc: $2,500 over 1y, 0.1% of budgetGleaners Food Bank of Indiana Inc: $2,340 over 1y, 0.0% of budgetThe Open Door: $984 over 1y, 0.0% of budgetFood Bank of South Jersey Inc: $900 over 1y, 0.0% of budgetChurches of Mercer Cty Food Pantry: $648 over 1y, 1.2% of budgetSt Petersburg Free Clinic Inc: $644 over 1y, 0.0% of budgetCapital Area Food Bank Inc: $638 over 1y, 0.0% of budgetSaint Francis House Inc: $587 over 1y, 0.0% of budgetNew York Common Pantry: $563 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 26.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

United Way of Central Indiana IncIN31.9× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: United Way of Central Indiana Inc · The Indianapolis Foundation Inc · Central Indiana Community Foundation Inc · Nicholas H Noyes Jr Memorial Foundation · Lilly Endowment Inc · Hoover Family Foundation · Nina Mason Pulliam Charitable Trust · Indiana University Health Inc · The Brave Heart Foundation Inc · Pacers Foundation Inc · Maurer Family Foundation Inc · Eugene & Marilyn Glick Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Merchants Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Merchants Foundation Inc?

Find your warmest path to Merchants Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Merchants Foundation Inc

How much does Merchants Foundation Inc give?
Merchants Foundation Inc reported 35 grants totaling $449,520 in its FY2024 IRS filing.
What does Merchants Foundation Inc fund?
By grant dollars over FY2023 to FY2024, its largest causes are Housing & Shelter (27%), Education (23%), Community Improvement (20%).
Who are Merchants Foundation Inc's largest grantees?
By total granted over FY2023 to FY2024: Indiana University Foundation ($90k), Coburn Place Safehaven II Inc ($50k), Providence Cristo Rey High School Inc ($32k).
Does Merchants Foundation Inc accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as Merchants Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include United Way of Central Indiana Inc, The Indianapolis Foundation Inc, Central Indiana Community Foundation Inc.
Where is Merchants Foundation Inc based?
Merchants Foundation Inc is based in IN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 40 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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