Martha Dana Mercer Trust
The Martha Dana Mercer Trust is a private foundation designated as a non-exempt charitable trust (4947(a)(1)). The organization is based in Dallas, Texas, with historical roots in Massachusetts. It operates as a grantmaking foundation with a single employee and is managed by Bank of America as trustee.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$61.2M
+4.4% YoY
Annual Giving
$3.7M
+1.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$618K
+1.7% YoY
Mission & Focus Areas
The trust's primary focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
Grantmaking
The trust made six grants in its most recent fiscal year (2024). Recent grants include:
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Geographic Focus
Where this funder awards grants
The trust primarily funds organizations in Massachusetts and Pennsylvania.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of December 2024)
| Metric | Amount |
|---|---|
| Total Assets | $61,175,108 |
| Total Revenues | $6,731,181 |
| Total Expenses | $4,383,553 |
| Total Giving | $3,710,243 |
Revenue Composition (2024)
- Investment income and dividends: $1,765,926
- Net gain from sale of non-inventory assets: $4,845,917
- Miscellaneous revenues: $119,338
Historical Financial Trend
The trust experienced significant growth in 2024, with revenues increasing 142.5% from 2023 ($3,277,331 to $6,731,181), driven primarily by gains from asset sales.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $61,175,108 | $58,613,161 | $59,337,863 |
| Revenue | $6,731,181 | $3,277,331 | $1,351,296 |
| Expenses | $4,383,553 | $4,216,843 | $4,320,926 |
| Qualifying Distributions | $3,889,301 | $3,814,837 | $3,770,241 |
| Net Investment Income | $6,213,155 | $2,668,373 | $1,060,706 |
| Distributable Amount | $3,531,075 | $3,369,374 | $3,538,013 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Trustee/Managing Director: Bank of America N.A.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $443,649 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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