Jeff and Alissa Merage Foundation

Private foundation · Grantmaker Steamboat Springs, CO EIN: 26-0644644

Jeff and Alissa Merage Foundation is a private foundation, based in Steamboat Springs, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $93K.

Key facts about Jeff and Alissa Merage Foundation

In short: Jeff and Alissa Merage Foundation gave $100K across 1 grant in 2024 (avg $100K), mostly in Colorado. Source: 2024 IRS Form 990-PF.

EIN
26-0644644
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$100,000
Grants made (2024)
1
Average grant
$100,000
Median grant
$100,000
Total assets
$1,613,596
Primary geography
Colorado (100% 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

$1.6M

-1.3% YoY

Annual Giving

$100K

+100.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$100K

+300.0% YoY

Under IRS private-foundation payout rules, Jeff and Alissa Merage Foundation reported a distributable amount of $163K for 2024 — the minimum it must pay out in qualifying distributions.

How Jeff and Alissa Merage Foundation gives

  • Giving fell 20% from 2021 to 2024. Method
  • In 2024 it paid out 64% 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 the 2024 grant dollars on its one itemized grant.

Cities

Steamboat SpringsNorth KingstownTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K3 grants2020 2 grants2021 1 grant2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $50K (2023) to $170K (2020). In 2024 it made 1 grant totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Yampa Valley Community Foundation: $100KYampa Valley CommunityFoundation$100K

The largest 2024 recipient was Yampa Valley Community Foundation ($100K).

Grant Size Distribution

9 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 9 (56%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Yampa Valley Community Foundation Steamboat Springs, COGeneral Operations$100,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,613,596$1,635,285$1,638,322
Revenue$111,456$72,137$265,459
Expenses$122,946$70,128$182,926
Qualifying Distributions$104,984$54,200$163,375
Net Investment Income$93,494$61,209$248,398
Distributable Amount$163,015$140,047$142,155

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

Jeff and Alissa Merage Foundation is led by Jeff Merage, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeff Merage

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Alissa Merage

    Vice President

    On filings since 2020

    1 hr/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 Jeff and Alissa Merage Foundation

How much does Jeff and Alissa Merage Foundation give each year?

Jeff and Alissa Merage Foundation gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 2 grants.

How large is Jeff and Alissa Merage Foundation?

Jeff and Alissa Merage Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $163K (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 Jeff and Alissa Merage Foundation operate?

Jeff and Alissa Merage Foundation has awarded grants in Colorado, Florida, Rhode Island.

What is Jeff and Alissa Merage Foundation's EIN?

Jeff and Alissa Merage Foundation's EIN (Employer Identification Number) is 26-0644644. 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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