Lourdes Mercy Foundation
Lourdes Mercy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Staten Island, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $557K in total assets. In 2024, it awarded 42 grants totaling $10K. Net investment income was $34K.
Key facts about Lourdes Mercy Foundation
- EIN
- 83-6525200
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $10,218
- Grants made (2024)
- 42
- Average grant
- $243
- Median grant
- $150
- Total assets
- $556,738
- Primary geography
- Ohio (24% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Lourdes Mercy Foundation funds
By grant dollars, the top recipient states for Lourdes Mercy Foundation's 42 itemized 2024 grants were Ohio (24%), New York (24%) and Florida (10%). The most frequent recipient cities were New York, NY (3 grants), Chicago, IL (2 grants), Long Island City, NY (2 grants) and Ossining, NY (2 grants). None of its 42 grants with a stated purpose were described as general or operating support. Recurring purposes include "Enhancement of the Organization's Charity Work" (42 grants).
How Lourdes Mercy Foundation gives
- 50% of 2024 grantees were also funded in 2023. Method
- Giving grew 62% from 2021 to 2024. Method
- In 2024 it paid out 45% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2024). 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 Lourdes Mercy Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$557K
-1.8% YoY
Annual Giving
$10K
-28.7% YoY
Grant Count
42
+44.8% YoY
Avg Grant Size
$243.286
-50.8% YoY
Under IRS private-foundation payout rules, Lourdes Mercy Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
About Lourdes Mercy Foundation
Based on IRS filings
Lourdes Mercy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Staten Island, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $557K in total assets. In 2024, it awarded 42 grants totaling $10K. Net investment income was $34K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 42 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $556,738 | $566,669 | $422,311 |
| Revenue | $33,635 | $169,300 | $100,032 |
| Expenses | $23,710 | $20,856 | $29,046 |
| Qualifying Distributions | $10,218 | $14,333 | $18,914 |
| Net Investment Income | $33,635 | $16,800 | $32 |
| Distributable Amount | $22,904 | $20,287 | $20,799 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include St Teresa Church ($2,456), Food for the Poor Inc ($902), St Joseph's Indian School ($550).
| Recipient | Purpose | Amount |
|---|---|---|
| ST TERESA CHURCH Springfield, OH | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $2,456 |
| FOOD FOR THE POOR INC Coconut Creek, FL | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $902 |
| ST JOSEPH'S INDIAN SCHOOL Chamberlain, SD | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $550 |
| PROVINCE OF ST MARY Yonkers, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $350 |
| MERCY HOME FOR BOYS & GIRLS Chicago, IL | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $345 |
| AID TO THE CHURCH IN NEED Brooklyn, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $300 |
| BOYS TOWN Boys Town, NE | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $300 |
| ST BONAVENTURE INDIAN MISSION AND SCHOOL Thoreau, NM | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $300 |
| CATHOLIC CHARITIES USA Alexandria, VA | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $300 |
| OLV CHARITIES Lackawanna, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Einstein Saverimuttu | Officer | 2 | — |
| Jessie Saverimuttu | Officer | 2 | — |
| Teresa Saverimuttu | Officer | 2 | — |
| Antonella Saverimuttu | Officer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lourdes Mercy Foundation?
Lourdes Mercy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Staten Island, NY. It holds $557K in total assets as of 2024.
How large is Lourdes Mercy Foundation?
As of 2024, Lourdes Mercy Foundation holds $557K in total assets with $34K in annual revenue. It awarded 42 grants totaling $10K in 2024.
Where does Lourdes Mercy Foundation operate?
Lourdes Mercy Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Massachusetts, Maryland, Michigan, Missouri, Mississippi, Montana, North Dakota, Nebraska, New Jersey, New Mexico, New York, Ohio, Pennsylvania, South Dakota, Texas, Virginia, Wisconsin.
What size grants does Lourdes Mercy Foundation award?
In 2024, Lourdes Mercy Foundation awarded 42 grants totaling $10K — an average of about $243.286 per grant, based on its IRS Form 990 filings.
How much is Lourdes Mercy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lourdes Mercy Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lourdes Mercy Foundation's EIN?
Lourdes Mercy Foundation's EIN (Employer Identification Number) is 83-6525200. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.