David and Laura Merage Foundation logo

David and Laura Merage Foundation

Foundation · Grantmaker Englewood, CO EIN: 45-0493925 Website

The David and Laura Merage Foundation is a private family foundation established in 2002 and based in Englewood, Colorado. It operates as a venture philanthropy organization, combining financial investment with business acumen and hands-on problem-solving to create scalable, sustainable social impact. The foundation is part of Merage Philanthropies, a collective of private family foundations founded and led by different members of David and Laura Merage's family.

Key facts about David and Laura Merage Foundation

EIN
45-0493925
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,842,850
Grants made (2025)
21
Average grant
$182,993
Median grant
$10,000
New grantees (estimate)
24% first-time grantees (5 of 21, 2025)
Primary geography
Pennsylvania (73% of itemized 2025 grant dollars)
How to apply
The foundation is noted as not being easily accessible. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who David and Laura Merage Foundation funds

By grant dollars, the top recipient states for David and Laura Merage Foundation's 21 itemized 2025 grants were Pennsylvania (73%) and Colorado (27%). The most frequent recipient cities were Denver, CO (14 grants), Englewood, CO (2 grants) and New York, NY (2 grants). None of its 21 grants with a stated purpose were described as general or operating support. Recurring purposes include "Event Sponsorship" (9 grants).

Is David and Laura Merage Foundation open to new grantees?

24%

first-time grantees, 2025

In 2025, 5 of 21 grantees (24%) were first-time recipients. First grants averaged $7K; repeat grants $238K. How we count

Medians: $6K first-time, $18K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+8%). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with David and Laura Merage Foundation

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$3.8M

+15.6% YoY

Grant Count

21

-22.2% YoY

Avg Grant Size

$183K

+48.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on creating opportunities for future generations through venture philanthropy, investing in initiatives, organizations, and ideas that move society toward a more equitable future. The foundation's commitment to lasting change is rooted in the founders' personal experiences as immigrants.

Primary funding focus areas include:

  • Early Learning & Childcare: Expanding access to quality, affordable childcare through innovative shared services models
  • Arts & Culture: Supporting art initiatives that revitalize communities and bring people together
  • Mental Health: Supporting mental health initiatives
  • Criminal Justice: Funding criminal justice reform efforts
  • Jewish Causes: Supporting Jewish nonprofits and community building, particularly in Israel
  • Education: Early childhood education policy and educational initiatives
  • Human Services: Various human services programs

Grantmaking

Grant Range

s**: Typical awards range from $150 to $2,300,000, with an average grant amount of approximately $581.

Average Grant

amount of approximately $581.

How to Apply

**: The foundation is noted as not being easily accessible. Networking with the foundation's leadership and previous grantees is recommended for gaining attention.

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple U.S. states and cities, with particular emphasis on:

  • Colorado: Especially the Denver area, where the foundation has invested millions in mental health, early childhood education policy, and the arts
  • Pennsylvania
  • North Carolina
  • California
  • New York
  • Israel: Through the Merage Foundation Israel initiative

Grant Distribution by State

16states

Share of all 21 itemized 2025 grant dollars.

Cities

DenverEnglewoodNew YorkBeverly HillsJenkintownWashingtonLos AngelesMerrifieldPhiladelphiaEncinoLittletonPacific PalisadesScottsdaleSpringfieldWest HartfordArvadaAtlantaAuroraBostonBrea

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $69,559,462
  • Total Revenue: $5,205,765
  • Total Expenses: $4,208,694
  • Total Liabilities: $0

As of 2023:

  • Total Assets: $68.6 million
  • Total Revenue: $5.23 million
  • Total Expenses: $4.63 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 27, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$974K$2M$3M$4M43 grants202034 grants202133 grants202229 grants202327 grants202421 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

National Philanthropic Trust: $2.8MNational Philanthropic Trust$2.8MBlack Cube: $454KBlack Cube$454KJewish Colorado: $165KJewish Colorado$165KEarly Learning Ventures: $150KEarly Learning Ventures$150KMental Health CO: $75KMental Health CO$75KRedLine: $50KRedLine$50KExecutives Partnering to Invest in: $50KExecutives Partnering toInvest in$50KNational Jewish Health: $25KNational Jewish Health$25KFJC: $15KFJC$15KColorado Children's Campaign: $10KColorado Children's Campaign$10K

Grant Size Distribution

144 grants across all recorded years

104<$50K11$50–100K12$100–250K12$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include National Philanthropic Trust ($2,790,000), Black Cube ($453,500), Jewish Colorado ($165,000).

RecipientPurposeAmount
National Philanthropic Trust Jenkintown, PADonor Advised Fund$2,790,000
Black Cube Denver, COContemporary arts and event sponsorship$453,500
Jewish Colorado Denver, COJewish Community Support and event sponsorship$165,000
Early Learning Ventures Englewood, COEarly care and education$150,000
Mental Health CO Denver, COMental healthcare$75,000
RedLine Denver, COEvent Sponsorship$50,150
Executives Partnering to Invest in Denver, COEarly care and education$50,000
National Jewish Health Denver, COEvent sponsorship$25,000
FJC New York, NYConfronting antisemitism$15,000
Colorado Children's Campaign Denver, COEvent Sponsorship$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • David Merage: Co-founder and director. An entrepreneur who co-founded Chef America (known for developing Hot Pockets) and currently runs Consolidated Investment Group, which invests in capital markets, private equity, and real estate. Serves as director with minimal compensation (approximately 5 hours annually).

  • Laura Merage: Co-founder and director. An artist and philanthropist who serves on numerous boards, launched Denver's RedLine Contemporary Art Center, and founded Black Cube. Serves as director with minimal compensation (approximately 5 hours annually).

  • Michael Niyompong: Executive Director

  • Nicole Hod Stroh: Executive Director of Merage Foundation Israel

  • Judy Williams: Chief Executive Officer of Early Learning Ventures

  • Cortney Lane Stell: Executive Director and Chief Curator of Black Cube

  • Mireya Garing: Vice President of Human Resources

Compensation Overview

From 2025 IRS filing

Michael Niyompong — Executive Dir.: $227KMichael NiyompongExecutive Dir.$227KSue Renner — Secretary: $35KSue RennerSecretary$35K

From 2025 IRS filing

NameTitleHoursCompensation
David MeragePresident5—
Laura MerageVice President5—
Sabrina NaimVice President5—
Michael NiyompongExecutive Dir.40$226,627
Sue RennerSecretary5$34,978
Rob NelsonTreasurer5—

Recent News & Activity

Recent developments and announcements

2024

The foundation continues to operate its signature initiatives with active grantmaking. Early Learning Ventures released an annual impact report for 2024, demonstrating ongoing commitment to early childhood education expansion. The foundation has also supported frontline healthcare workers' families during recent crises, including donations of toys for young children of frontline healthcare workers in Denver.

[PDF] Impact Report - Early Learning Ventures

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does David and Laura Merage Foundation fund?

The foundation's mission centers on creating opportunities for future generations through venture philanthropy, investing in initiatives, organizations, and ideas that move society toward a more equitable future. The foundation's commitment to lasting change is rooted in the founders' personal experiences as immigrants. Primary funding focus areas include: • **Early Learning & Childcare**: Expanding access to quality, affordable childcare through innovative shared services models • **Arts & Cul…

How do I apply for a grant from David and Laura Merage Foundation?

The foundation is noted as not being easily accessible. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does David and Laura Merage Foundation make grants?

The foundation funds projects across multiple U.S. states and cities, with particular emphasis on: • **Colorado**: Especially the Denver area, where the foundation has invested millions in mental health, early childhood education policy, and the arts • **Pennsylvania** • **North Carolina** • **California** • **New York** • **Israel**: Through the Merage Foundation Israel initiative

What size grants does David and Laura Merage Foundation award?

In 2025, David and Laura Merage Foundation awarded 21 grants totaling $3.8M — an average of about $183K per grant, based on its IRS Form 990 filings.

What is David and Laura Merage Foundation's EIN?

David and Laura Merage Foundation's EIN (Employer Identification Number) is 45-0493925. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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