Mercy Foundation Inc
We, mercy health system of chicago and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.Mercy Foundation is a member of mercy health system of chicago and trinity health.
Mercy Foundation Inc at a glance
- Total assets
- $6,867,379
- +11.1% vs 2024
- Revenue (2025)
- $717,103
- +34.9% vs 2024
- Net investment income (2025)
- $717,103
- +34.9% vs 2024
- Expenses (2025)
- $30,574
- +54.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Mercy Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Mercy Foundation Inc gives
- Giving grew 1640% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $56K (2020) to $980K (2023). In 2023 it made 7 grants totaling $980K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| De La Salle Institute Chicago, IL | Provide Education Services to Hispanic Southside Chicago Neighborhoods | $380,000 |
| Chinese American Service League Chicago, IL | Provide Services to Chicago Asian Neighborhood | $200,000 |
| Misericordia Foundation Chicago, IL | Provide Services to Chicago South Side Neighborhoods | $200,000 |
| Coalition for a Better Chinese American Community Chicago, IL | Provide Services to Chicago Asian Neighborhood | $50,000 |
| Infant Welfare Society of Chicago Chicago, IL | Provide Services to Chicago South Side Neighborhoods | $50,000 |
| Midwest Asian Health Association Chicago, IL | Provide Services to Chicago Youth on South Side | $50,000 |
| Project Vision Inc Chicago, IL | Provide Community Support | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $6,867,379 | $717,103 | $30,574 | — | — | $717,103 |
| 2024 | $6,180,850 | $531,687 | $19,803 | — | — | $531,687 |
| 2023 | $5,668,966 | $122,424 | $1,009,783 | $980,000 | 7 | $122,424 |
| 2022 | $6,556,325 | $369,632 | $40,284 | — | — | $367,632 |
| 2021 | $7,482,600 | $126,604 | $260,048 | $244,782 | 1 | — |
| 2020 | $7,355,996 | $211,131 | $189,363 | $56,334 | 2 | $73,640 |
About Mercy Foundation Inc
Based on IRS filings
Mercy Foundation Inc is a public charity, based in Maywood, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.9M in total assets. Net investment income was $717K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Mercy Foundation Inc is led by Benjamin Carter, Director, Chair, President, Th Executive Vice President & COO since 2024 (on filings since 2023); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Benjamin Carter
Director, Chair, President, Th Executive Vice President & COO
Director, Chair, President at, Th Executive Vice President & COO → Director, Chair, President, Th Executive Vice President & COO, 2024
On filings since 2023
1 hr/week
No compensation reported
Jeffrey Mathis
Director, Secretary & General Counsel
Secretary & Associate Counsel → Director, 2023
Director → Director, Secretary & General Counsel, 2024
On filings since 2020
1 hr/week
No compensation reported
Michael Prisby
Director & Treasurer
Director, Treasurer & Th Vice President Strg Finl → Director & Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
Silia Miglio
Former Officer & Th Consultant
Treasurer, Vice President & Finance → Former Officer & Th Consultant, 2023
On filings since 2020
No compensation reported
John Capasso
Former Officer
Director, President & CEO → Director, President & CEO Thr, 2023
Director, President & CEO Thr → Former Officer, 2024
On filings since 2022
No compensation reported
Former officers (13)
- Former: Carol Garikes-Schneider (2020–2023) — Former Officer
- Former: Dawn Chico Dolan (2020–2023) — Director
- Former: Jeffrey Kramer MD (2020–2023) — Director
- Former: Maureen O'Donnell (2020–2023) — Director
- Former: Michael Markos MD (2020–2023) — Director
- Former: Rami Lutfi MD (2020–2023) — Director
- Former: Thomas Caplis (2020–2023) — Director & Chair
- Former: Patrick Huels (2020–2022) — Director
- Former: Raymond Spaeth (2020–2022) — Director
- Former: Very Reverend Paul Novak (2020–2022) — Director
- Former: Joseph Williams (2020–2021) — Director
- Former: Brian Przyzycki (2020) — Director
- Former: Laura O'Malley (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mercy Foundation Inc
How large is Mercy Foundation Inc?
Mercy Foundation Inc reported $6.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $717K.
Where does Mercy Foundation Inc operate?
Mercy Foundation Inc has awarded grants in Illinois.
What is Mercy Foundation Inc's EIN?
Mercy Foundation Inc's EIN (Employer Identification Number) is 36-3227350. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Mercy Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Mercy Foundation Inc's focus areas in our free grants database
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Mercy Foundation Inc down — hundreds of funders to go?