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· Private foundation

Merchants Foundation Inc

Its FY2024 filing reports that it accepted unsolicited grant applications.

$450k
Granted FY2024still arriving
35
Grants FY2024still arriving
8
States reached
$90k
Largest
01What you fund
01100% classified

What you funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year — across FY20232024.

Housing & Shelter$149kEducation$127kCommunity Improvement$111kHuman Services$61kFood & Nutrition$29kHealth$24kYouth Development$23kRecreation & Sports$20kOther$0
02FY2024 · 35 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2024

  • Under $10k22 grants · $50k
  • $10k–50k9 grants · $135k
  • $50k–250k4 grants · $265k
$5,000
Median grant
8
States reached
$500
Total assets
Largest grants
RecipientAmount
INDIANA UNIVERSITY FOUNDATION INC$90,000
RDOOR - FKA (MERCHANTS AFFORDABLE HOUSING CORP)$75,000
GREATER INDIANAPOLIS HABITAT FOR HUMANITY$50,000
COBURN PLACE$50,000
PROVIDENCE CRISTO REY HIGH SCHOOL$32,000
LOCAL INITIATIVES SUPPORT CORPORATION (LISC) INDIANA$20,000
FIRST BAPTIST ATHLETICS$20,000
SECOND HELPINGS$13,000
COMMUNITY FOUNDATION OF RANDOLPH COUNTY$10,000
THE ARC MINNESOTA$10,000
CATCH THE STARS FOUNDATION$10,000
DOVE RECOVERY HOUSE FOR WOMEN$10,000
PARTNERS IN HOUSING$10,000
MILLION MEAL MOVEMENT$7,020
FOSTER SUCCESS$5,000
02The need
03

Do your dollars go where the need is?

Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.

show:

Your human-services grants (FY24–24, $61k) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 11%SAINT FRANCIS HOUSE INC: $587 → 16%COBURN PLACE: $50k → 16%FOSTER SUCCESS: $5k → 16%A KID AGAIN - INDIANA CHAPTER: $5k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

Which US states your grants reach

MN
IL
NY
MA
IN
NJ
DC
FL

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.

03Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.

1
New Hope Services Inc

Provide services in response to individual need

Human Services
2
Feeding Indiana's Hungry Inc

By drawing on varied resources within public agencies and the private sector, we hope to provide hunger relief for those in need throughout Indiana.

Human Services
3
Second Harvest Heartland

Second harvest heartland's mission is to end hunger together. in partnership with more than 1,000 food shelves and hunger-relief programs in minnesota and western wisconsin, we provided 145 million meals to neighbors last year.

Food & Nutrition
4
San Francisco Food Bank

To end hunger in san francisco and marin counties by soliciting food donations nationally, distributing this food to qualifying public service agencies and neighborhood pantries, advocating for improved government food programs, and…

5
Society of St Vincent De Paul Archdiocesan Council of Indianapolis Inc

The society of st vincent de paul (archdiocesan council of indianapolis) provides support services and supplies to individuals and families in need, without discrimination. its operations rely heavily on volunteers, and donations come from…

Religion
6
Indiana County Community Action Program

Provide resources for low income clients.

Human Services
7
Nourishing Hope

Nourishing hope provides food, mental health support, and social services to help all our neighbors thrive.

8
Freestore Foodbank Inc

Improve lives by eliminating hunger in partnership with our community.

Food & Nutrition
9
Northern Illinois Food Bank

With the support of our community, we provide over 90 million meals annually through our network of over 900 member food pantries and programs across thirteen counties, currently reaching over a half million individuals each month with…

Food & Nutrition
10
Coralville Community Food Pantry

We believe that food is a human right and that food has the power to bring people together. Our vision is to build a stronger, healthier, and hunger-free Coralville community. Powered by community support, the Coralville Community Food…

Food & Nutrition
11
Indianapolis Neighborhood Housing Partnership Inc

to create affordable housing solutions for people with low and moderate incomes, and collaborate to enhance the quality of life in Indianapolis neighborhoods.

Housing & Shelter
12
The Food Bank for Central & Northeast Missouri

The food bank for central & northeast missouri is a regional disaster and hunger relief network that acquires and distributes millions of meals each year to help neighbors get the food they need to thrive. (continued on schedule o)the…

Food & Nutrition

For reference, the grantee most central to the portfolio’s shape is Gleaners Food Bank of Indiana Inc and the most unlike its peers is Churches of Mercer Cty Food Pantry. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.

← shrinkinggrowing →↓ leaning in → pulling backsteadyPublic University Foundatio…Domestic Violence Crisis Se…Food Pantries & AssistanceDevelopmental Disabilities …Youth Sports Booster Organi…Homeless Services & ShelterSubstance Abuse TreatmentAffordable Housing Developm…Community Health Centers
the sector your giving your giving is ahead of the sector the sector’s ahead of you· dot size = how much the theme matters to each side
Ordered by the change in your giving — leaning in on top, pulling back at the bottom. The bar between the two dots is how out of step you are with the sector. Hover any row for detail.

Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.

Your grantees are a median of 32 years old; the field is 20. You back the established end — and your money leans older still.

THE FIELDby orgYOUR GRANTEESby number19%0%<5yr13%0%5–10yr18%29%10–20yr14%25%20–35yr13%36%35–55yr23%11%55yr+
THE FIELDby orgYOUR MONEYby value19%0%<5yr13%0%5–10yr18%15%10–20yr14%42%20–35yr13%15%35–55yr23%29%55yr+

The field is 19% startups (under 5 years old) — 0% of your grantees by number, and just 0% of your money.

Closures · last 5 years

The orgs you fund almost never close 0.0% lost their exemption, against 10% of the field you don’t fund.

orgs you fund
0.0%0/30
the rest of the field
10%
4,324/41,965

Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.

04the grantee network

27 grantees tracked through their own filings, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 20172025, not grant rows in a single year — so this will not match the grant count on the cover. 27 of the 40 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
26/27
Grantees still filing
7/27
Grew since you first funded

Where your money sits — by cause, then by grantee

Fields Market Garden — $81,273 · OtherFields Market GardenRDOOR - FKA (MERCHANTS AFFORDABLE HOUSING CORP) — $75,000 · OtherRDOOR - FKA (MERCHANTS AFFORDABLE HOUSING CORP)GREATER INDIANAPOLIS HABITAT FOR HUMANITY — $50,000 · OtherGREATER INDIANAPOLIS HABITAT FOR HUMANITYPROVIDENCE CRISTO REY HIGH SCHOOL INC — $32,000 · OtherPROVIDENCE CRISTO REY HIGH SCHOOL INCINDIANAPOLIS FIRST BAPTIST CHURCH — $20,000 · OtherINDIANAPOLIS FIRST BAPTIST CHURCHLOCAL INITIATIVES SUPPORT CORPORATION (LISC) INDIANA — $20,000 · OtherLOCAL INITIATIVES SUPPORT CORPORATION (LISC) INDIANA+12 more — $29,080 · Other+12 moreIndiana University Foundation — $90,000 · EducationIndiana University Fo…CATCH THE STARS FOUNDATION — $10,000 · EducationCATCH THE STARS FOUND…BRIGHTLANE LEARNING CORP — $5,000 · EducationCOBURN PLACE SAFEHAVEN II INC — $50,000 · Human ServicesCOBURN PLACE…FOSTER SUCCESS — $5,000 · Human ServicesFOSTER SUCCE…A KID AGAIN INC — $5,000 · Human ServicesA KID AGAIN …+1 more — $587 · Human ServicesSECOND HELPINGS INC — $13,000 · Food & NutritionMILLION MEAL MOVEMENT INC — $7,020 · Food & NutritionTHE OPEN DOOR — $984 · Food & Nutrition+3 more — $1,849 · Food & NutritionPARTNERS IN HOUSING DEVELOPMENT CORPORATION — $10,000 · Housing & ShelterNEIGHBORLINK INDIANAPOLIS FOUNDATION INC — $5,000 · Housing & ShelterCOALITION FOR HOMELESSNESS INTERVENTION AND PREVENTION OF GREATER INDPLS INC — $5,000 · Housing & ShelterVILLAGE OF MERICI INC — $2,500 · Housing & ShelterDOVE RECOVERY HOUSE FOR WOMEN INC — $10,000 · HealthSEEDS OF HOPE INC — $5,000 · HealthGENNESARET FREE CLINIC INC — $5,000 · HealthTHE COMMUNITY FOUNDATION OF RANDOLPH COUNTY — $10,000 · Community ImprovementDREAM ALIVE INC — $5,000 · Youth Development
Other$307,353Education$105,000Human Services$60,587Food & Nutrition$22,853Housing & Shelter$22,500Health$20,000Community Improvement$10,000Youth Development$5,000

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ your 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 budgetPARTNERS IN HOUSING DEVELOPMENT CORPORATION — $10,000 over 1y, 0.5% of budgetTHE ARC MINNESOTA INC — $10,000 over 1y, 0.1% of budgetCATCH THE STARS FOUNDATION — $10,000 over 1y, 4.4% of budgetDOVE RECOVERY HOUSE FOR WOMEN INC — $10,000 over 1y, 0.3% of budgetMILLION MEAL MOVEMENT INC — $7,020 over 1y, 0.7% of budgetSEEDS OF HOPE INC — $5,000 over 1y, 0.4% of budgetNEIGHBORLINK INDIANAPOLIS FOUNDATION INC — $5,000 over 1y, 0.5% of budgetFOSTER SUCCESS — $5,000 over 1y, 0.1% of budgetCOALITION FOR HOMELESSNESS INTERVENTION AND PREVENTION OF GREATER INDPLS INC — $5,000 over 1y, 0.1% of budgetGENNESARET FREE CLINIC INC — $5,000 over 1y, 0.2% of budgetBRIGHTLANE LEARNING CORP — $5,000 over 1y, 0.2% of budgetDREAM ALIVE INC — $5,000 over 1y, 0.4% 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
Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — 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

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

Government reliance of your grantees

Every dot is one organization Merchants Foundation Inc funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.

2024
202122232425
no gov · 10%0%1%3%5%your share of their income ↑0%10%20%30%40%share of the org’s income from governmentmedian 30%
  • Food Bank of South Jersey Inc30% of income from government
  • Saint Francis House Inc18% of income from government
no gov moneyreceives it· size = income
1get no government money at all
11report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–40%
typical government reliance, FY2025

Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.

04Through Plinth

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.

On method. Every financial figure here is read directly from IRS e-file XML — your own 990/990-PF and the multi-year returns of the 40 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year)— each linked to its source. Grantee achievements and outcomes are each organization’s own program-service reporting (Form 990, Part III); we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your 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. How we build these →

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

Source object · view filing

More from the funding graph