Lower Merion Development Corporatio is a private foundation focused on Housing & Shelter, based in BRYN MAWR, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $73K in total assets. In 2024, it awarded 1 grants totaling $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$73K
-7.7% YoY
Annual Giving
$6K
+1141.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$6K
+1141.8% YoY
About Lower Merion Development Corporatio
Based on IRS filings
Lower Merion Development Corporatio is a private foundation focused on Housing & Shelter, based in BRYN MAWR, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $73K in total assets. In 2024, it awarded 1 grants totaling $6K.
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 | $72,618 | $78,656 | $77,542 |
| Revenue | $171 | $614 | $6,020 |
| Expenses | $6,889 | $1,244 | $6,630 |
| Qualifying Distributions | $6,549 | $872 | $6,315 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,845 | $3,846 | $3,818 |
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
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN W ALEXANDER JR | PRESIDENT | — | — |
| KAREN W RAMSEY | VICE-PRESIDE | — | — |
| KEVIN KAVANAUGH | TREASURER | — | — |
| THOMAS H PATTERSON | ASST. TREASU | — | — |
| KATHY BABCOCK | MEMBER | — | — |
| MICHAEL LEIBOWITZ | MEMBER | — | — |
| ALISA MCCANN | MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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