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.
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
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 |
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 include St Teresa Church ($2,456), Food for the Poor Inc ($902), St Joseph's Indian School ($550).
| Recipient | Purpose | Amount |
|---|---|---|
| AID TO THE CHURCH IN NEED BROOKLYN, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $300 |
| AMERICA NEEDS FATIMA SPRING GROVE, PA | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $100 |
| ASSOCIATION OF THE MIRACULOUS PERRYVILLE, MO | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $200 |
| BOYS TOWN BOYS TOWN, NE | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $300 |
| CATHOLIC MEDICAL MISSION BOARD LONG ISLAND CITY, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $225 |
| COMPANIES OF ST ANTHONY ELLICOTT CITY, MD | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $225 |
| COVENANT HOUSE NEW YORK, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $225 |
| CROSS CATHOLIC OUTREACH BOCA RATON, FL | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $120 |
| FOOD FOR THE POOR INC COCONUT CREEK, FL | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $902 |
| MARYKNOLL SISTERS OSSINING, NY | ENHANCEMENT OF THE ORGANIZATION'S CHARITY WORK | $150 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Lourdes Mercy Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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