Andre & Katherine Merage Foundation - Colorado

Private foundation · Grantmaker Englewood, CO EIN: 45-0493929

Andre & Katherine Merage Foundation - Colorado is a private foundation, based in Englewood, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.0M in total assets. In 2024, it awarded 2 grants totaling $1.8M. Net investment income was $2.9M.

Key facts about Andre & Katherine Merage Foundation - Colorado

In short: Andre & Katherine Merage Foundation - Colorado gave $1.8M across 2 grants in 2024 (avg $884K), mostly in Colorado. Source: 2024 IRS Form 990-PF.

EIN
45-0493929
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,767,679
Grants made (2024)
2
Average grant
$883,840
Median grant
$883,840
Total assets
$35,983,372
Primary geography
Colorado (99% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$36.0M

+2.7% YoY

Annual Giving

$1.8M

-2.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$884K

-2.9% YoY

Under IRS private-foundation payout rules, Andre & Katherine Merage Foundation - Colorado reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.

How Andre & Katherine Merage Foundation - Colorado gives

  • Giving held roughly steady from 2021 to 2024 (−3%). Method
  • In 2024 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

DenverNew YorkLos Angeles

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M5 grants2020 3 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $1.5M (2020) to $1.8M (2021). In 2024 it made 2 grants totaling $1.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Jewish Colorado: $1.8MJewish Colorado$1.8MStefan Adelipour For Life Foundatio: $10KStefan Adelipour For LifeFoundatio$10K

The largest 2024 recipient was Jewish Colorado ($1.8M). Together the top 2 received $1.8M.

Grant Size Distribution

14 grants across all recorded years

4<$50K1$50–100K$100–250K4$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 14 (36%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jewish Colorado Denver, COGeneral Operations$1,757,679
Stefan Adelipour For Life Foundatio Los Angeles, CAGeneral operations$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$35,983,372$35,028,328$34,352,104
Revenue$2,937,514$2,906,825$3,536,800
Expenses$1,965,821$2,077,625$2,026,728
Qualifying Distributions$1,869,875$2,001,694$1,963,017
Net Investment Income$2,902,938$2,855,087$3,462,419
Distributable Amount$2,574,132$2,277,199$2,358,567

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 1, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 29, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Andre & Katherine Merage Foundation - Colorado is led by Michael Niyompong, Executive Director on the 2024 filing; 2 of 6 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Michael Niyompong

    Executive Director

    New on the 2024 filing

    10 hrs/week

    $38K (2024)

  • David Merage

    President

    Director → President, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sue Renner

    Secretary

    New on the 2024 filing

    10 hrs/week

    $37K (2024)

  • Laura Merage

    Vice President

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Rob Nelson

    Vice President

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Sabrina Naim

    Vice President

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Katherine Merage (2020–2023) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Michael Niyompong — Executive Dir.: $38KMichael NiyompongExecutive Dir.$38KSue Renner — Secretary: $37KSue RennerSecretary$37K

The highest reported compensation on the 2024 filing was $38K, to Michael Niyompong (Executive Dir.). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Andre & Katherine Merage Foundation - Colorado

How much does Andre & Katherine Merage Foundation - Colorado give each year?

Andre & Katherine Merage Foundation - Colorado gave $1.8M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 2 grants.

How large is Andre & Katherine Merage Foundation - Colorado?

Andre & Katherine Merage Foundation - Colorado reported $36.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $2.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Andre & Katherine Merage Foundation - Colorado operate?

Andre & Katherine Merage Foundation - Colorado has awarded grants in California, Colorado, New York.

What is Andre & Katherine Merage Foundation - Colorado's EIN?

Andre & Katherine Merage Foundation - Colorado's EIN (Employer Identification Number) is 45-0493929. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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