Greg Merage Foundation

Foundation · Grantmaker Teton Village, WY EIN: 26-0523619

Greg Merage Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Teton Village, WY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 2 grants totaling $107K. Net investment income was $91K.

Key facts about Greg Merage Foundation

In short: Greg Merage Foundation gave $107K across 2 grants in 2024 (avg $54K), mostly in Wyoming. Source: 2024 IRS Form 990-PF.

EIN
26-0523619
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$107,000
Grants made (2024)
2
Average grant
$53,500
Median grant
$53,500
Total assets
$2,311,250
Primary geography
Wyoming (95% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-8.1% YoY

Annual Giving

$107K

+11.5% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$54K

-44.3% YoY

Under IRS private-foundation payout rules, Greg Merage Foundation reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.

How Greg Merage Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−4%). Method
  • In 2024 it paid out 96% 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 all 2 itemized 2024 grant dollars.

Cities

JacksonCarmelCheyenneNewton

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants20202 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Community Foundation of Jackson Hole: $102KCommunity Foundation ofJackson Hole$102KNational Brain Tumor Society Inc: $5KNational Brain Tumor SocietyInc$5K

Grant Size Distribution

8 grants across all recorded years

3<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
COMMUNITY FOUNDATION OF JACKSON HOLE Jackson, WYGENERAL OPERATIONS$102,000
NATIONAL BRAIN TUMOR SOCIETY INC Newton, MAGENERAL OPERATIONS$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021202220232024
Metric202420232022
Total Assets$2,311,250$2,514,455$1,718,916
Revenue$91,310$105,287$332
Expenses$115,738$102,656$136,591
Qualifying Distributions$113,252$102,387$134,283
Net Investment Income$91,282$105,008$45
Distributable Amount$118,276$107,270$117,482

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Greg Merage Foundation is led by Greg Merage, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Greg Merage

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Louise Merage

    Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Paul Merage

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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.

Frequently asked questions about Greg Merage Foundation

How much does Greg Merage Foundation give each year?

Greg Merage Foundation gave $107K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $96K across 1 grant.

How large is Greg Merage Foundation?

Greg Merage Foundation reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $113K in qualifying distributions that year, against a required minimum of $118K (roughly 5% of its investment assets).

What is Greg Merage Foundation?

Greg Merage Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Teton Village, WY. It holds $2.3M in total assets as of 2024.

Where does Greg Merage Foundation operate?

Greg Merage Foundation has awarded grants in Indiana, Massachusetts, Wyoming.

What is Greg Merage Foundation's EIN?

Greg Merage Foundation's EIN (Employer Identification Number) is 26-0523619. IRS Form 990 filing data is available on this page for 2020–2024.

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

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