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.

Ready to take the next step with Merchant Foundation of Iowa?

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

Among its reported 2024 grants, the largest include Dmacc Foundation ($10,000), The World Food Prize Foundation ($10,000), Des Moines University ($10,000).

RecipientPurposeAmount
DMACC FOUNDATION ANKENY, IAEDUCATION$10,000
THE WORLD FOOD PRIZE FOUNDATION DES MOINES, IARESEARCH$10,000
DES MOINES UNIVERSITY DES MOINES, IAEDUCATION$10,000
UNITED PAKISTAN PARADE DES MOINES, IAART & EDUCATION$1,500
SEGHAL FOUNDATION DES MOINES, IAEDUCATION ANDHUMAN DEV$2,000
HUMAN DEVELOPMENT FOUNDATION OAK BROOK, ILHUMAN DEVELOPMENT$1,000
GREATER DES MOINES COMMITTEE DES MOINES, IAART AND EDUCATION$1,000

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

Frequently Asked Questions

What is Merchant Foundation of Iowa?

Merchant Foundation of Iowa is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WEST DES MOINES, IA. It holds — in total assets as of 2024.

Where does Merchant Foundation of Iowa operate?

Merchant Foundation of Iowa has awarded grants in Florida, Iowa, Illinois.

What size grants does Merchant Foundation of Iowa award?

In 2024, Merchant Foundation of Iowa awarded 7 grants totaling $36K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Merchant Foundation of Iowa's EIN?

Merchant Foundation of Iowa's EIN (Employer Identification Number) is 47-3509282. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Merchant Foundation of Iowa's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Merchant Foundation of Iowa on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Merchant Foundation of Iowa to a real strategy.

Plan your approach