Private foundation · Carmel, IN
Merchants Foundation Inc
Typical grant size
$963 – $5K – $10K
25th · median · 75th percentile
Unique recipients
24
Repeat grantees
1
funded 2+ years
Application procedures · from 2024 990-PF
DeadlinesNONE
ContactMERCHANTS FOUNDATION CO JULIA KAERC · 3176635030
MaterialsCONTRIBUTION AND SPONSORSHIP REQUEST FORM
RestrictionsTHE SUBMISSION MUST BE REQUESTED BY A MERCHANTS BANCORP EMPLOYEE. PREFERENCE GIVEN TO 501(C)3 ORGANIZATIONS IN THE FIELD OF HOUSING, HEALTHCARE, AND EDUCATION.
Leadership · from 2024 990-PF
Julia L Kaercher
EXEC DIRECTOR, PRESIDENT
Michael Dury
DIRECTOR
Michael Petrie
DIRECTOR
Michael Dunlap
DIRECTOR
Terry Oznick
SECRETARY
John Macke
TREASURER
Julia Kaercher
Executive Director & President
Michael F Petrie
Director
Julie Sharp
DIRECTOR
Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.
Payout rate · TY 2024
89904.0%
grants paid ÷ assets · ~5% IRS minimum
'23
'24
40
Total grants awarded
$553K
Total amount
$14K
Average grant
$90K
Largest grant
Giving by year
Top recipients
Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.
Recent grants · most recent filings first
Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.