Luesther T Mertz Continuing Trust
Luesther T Mertz Continuing Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-32.1% YoY
Annual Giving
$25K
Grant Count
1
Avg Grant Size
$25K
Under IRS private-foundation payout rules, Luesther T Mertz Continuing Trust reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.
About Luesther T Mertz Continuing Trust
Based on IRS filings
Luesther T Mertz Continuing Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $25K.
Focus Areas
Ready to take the next step with Luesther T Mertz Continuing Trust?
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 | $1,358,875 | $2,002,280 | $2,572,579 |
| Revenue | $15,179 | $9,110 | $183,740 |
| Expenses | $656,350 | $577,534 | $89,288 |
| Qualifying Distributions | $35,230 | $10,226 | $82,360 |
| Net Investment Income | — | — | $53,567 |
| Distributable Amount | $67,212 | $98,718 | $128,594 |
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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New York Community Trust ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW YORK COMMUNITY TRUST NEW YORK, NY | FUND FOR THE VISUALLY IMPAIRED. | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY CONDON | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Luesther T Mertz Continuing Trust?
Luesther T Mertz Continuing Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $1.4M in total assets as of 2024.
How large is Luesther T Mertz Continuing Trust?
As of 2024, Luesther T Mertz Continuing Trust holds $1.4M in total assets with $15K in annual revenue. It awarded 1 grants totaling $25K in 2024.
Where does Luesther T Mertz Continuing Trust operate?
Luesther T Mertz Continuing Trust has awarded grants in New York.
What size grants does Luesther T Mertz Continuing Trust award?
In 2024, Luesther T Mertz Continuing Trust awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Luesther T Mertz Continuing Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Luesther T Mertz Continuing Trust reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Luesther T Mertz Continuing Trust's EIN?
Luesther T Mertz Continuing Trust's EIN (Employer Identification Number) is 13-6946984. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Luesther T Mertz Continuing Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.