Merchant Foundation of Iowa

WEST DES MOINES, IA EIN: 47-3509282

Merchant Foundation of Iowa is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WEST DES MOINES, IA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$36K

Grant Count

7

Avg Grant Size

$5K

About Merchant Foundation of Iowa

Based on IRS filings

Merchant Foundation of Iowa is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WEST DES MOINES, IA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $36K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ANKENYAnkenyChicagoDES MOINESDes MoinesGlenviewMiamiOAK BROOK

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12020202120222024
Metric202420222021
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$33K$50K$67K8 grants20206 grants202111 grants20227 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

DMACC FOUNDATION$10KTHE WORLD FOOD PRIZE FOU…$10KDES MOINES UNIVERSITY$10KSEGHAL FOUNDATION$2KUNITED PAKISTAN PARADE$2KHUMAN DEVELOPMENT FOUNDA…$1KGREATER DES MOINES COMMI…$1K

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
SHAHBAZ A MERCHANTDIRECTOR0.5
KASHAAN S MERCHANTDIRECTOR0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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