Henry & Louise Mermelstein Charitable Foundation
Henry & Louise Mermelstein Charitable Foundation is a private foundation, based in LINCOLNWOOD, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 1 grants totaling $827K. Net investment income was $121K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+10.8% YoY
Annual Giving
$827K
-53.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$827K
-53.3% YoY
Under IRS private-foundation payout rules, Henry & Louise Mermelstein Charitable Foundation reported a distributable amount of $378K for 2024 — the minimum it must pay out in qualifying distributions.
About Henry & Louise Mermelstein Charitable Foundation
Based on IRS filings
Henry & Louise Mermelstein Charitable Foundation is a private foundation, based in LINCOLNWOOD, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 1 grants totaling $827K. Net investment income was $121K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,012,180 | $3,620,332 | $2,880,391 |
| Revenue | $1,225,173 | $2,980,792 | $2,151,709 |
| Expenses | $837,384 | $1,778,844 | $1,750,013 |
| Qualifying Distributions | $826,631 | $1,770,340 | $1,739,597 |
| Net Investment Income | $120,736 | $372,072 | $263,999 |
| Distributable Amount | $378,110 | $275,177 | $238,778 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Statements ($826,631).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED STATEMENTS VARIOUS, IL | STMTSTMT | $826,631 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUISE MERMELSTEIN | DIRECTOR | — | — |
| JOSEPH MERMELSTEIN | DIRECTOR | — | — |
| MARVIN MERMELSTEIN | DIRECTOR | — | — |
Frequently Asked Questions
How large is Henry & Louise Mermelstein Charitable Foundation?
As of 2024, Henry & Louise Mermelstein Charitable Foundation holds $4.0M in total assets with $1.2M in annual revenue. It awarded 1 grants totaling $827K in 2024.
Where does Henry & Louise Mermelstein Charitable Foundation operate?
Henry & Louise Mermelstein Charitable Foundation has awarded grants in Illinois.
What size grants does Henry & Louise Mermelstein Charitable Foundation award?
In 2024, Henry & Louise Mermelstein Charitable Foundation awarded 1 grants totaling $827K — an average of about $827K per grant, based on its IRS Form 990 filings.
How much is Henry & Louise Mermelstein Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Henry & Louise Mermelstein Charitable Foundation reported a distributable amount of $378K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Henry & Louise Mermelstein Charitable Foundation's EIN?
Henry & Louise Mermelstein Charitable Foundation's EIN (Employer Identification Number) is 36-3481731. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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