Mercy Foundation Inc
Mercy Foundation Inc is a private foundation, based in Florence, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 6 grants totaling $166K. Net investment income was $37K.
Key facts about Mercy Foundation Inc
In short: Mercy Foundation Inc gave $166K across 6 grants in 2024 (avg $28K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.
- EIN
- 32-0013422
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $166,000
- Grants made (2024)
- 6
- Average grant
- $27,667
- Median grant
- $24,000
- Total assets
- $1,324,600
- Primary geography
- Kentucky (51% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-16.6% YoY
Annual Giving
$166K
-48.8% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$28K
-14.6% YoY
Under IRS private-foundation payout rules, Mercy Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
How Mercy Foundation Inc gives
- Giving fell 28% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Mercy Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $147K (2020) to $470K (2022). In 2024 it made 6 grants totaling $166K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Swasia ($53K). Together the top 6 received $166K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 37 grants of 46 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Swasia Clifton, NJ | Humanitarian | $53,000 |
| Guiding Light Islamic Ctr Louisville, KY | Humanitarian | $50,000 |
| Balsam Project | Humantarian | $28,000 |
| Islamic School of Louisville Louisville, KY | Education | $20,000 |
| Peace Dove Louisville, KY | Humanitarian | $10,000 |
| Give Light Louisville, KY | Humanitarian | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,324,600 | $1,587,974 | $1,396,222 |
| Revenue | $382,723 | $662,006 | $802,792 |
| Expenses | $346,097 | $470,254 | $531,796 |
| Qualifying Distributions | $166,000 | $436,642 | $469,775 |
| Net Investment Income | $37,196 | $10,007 | $643,592 |
| Distributable Amount | $11,796 | $12,912 | $26,615 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Mercy Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kheder Kutmuh
Director
On filings since 2020
1 hr/week
No compensation reported
Mohamed Zineddin
Director
On filings since 2020
1 hr/week
No compensation reported
Rula Abdulrazzak
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 much does Mercy Foundation Inc give each year?
Mercy Foundation Inc gave $166K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $324K across 10 grants.
What is Mercy Foundation Inc's typical grant size?
Mercy Foundation Inc's median grant in 2024 was $24,000, and its average grant was $27,667, across 6 grants on its 2024 IRS Form 990-PF.
Where does Mercy Foundation Inc give grants?
Mercy Foundation Inc gives mostly in Kentucky: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (32%). The most frequent recipient cities were Louisville, KY (4 grants).
Does Mercy Foundation Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Mercy Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Humanitarian" (4 grants).
Who are Mercy Foundation Inc's largest grantees?
Mercy Foundation Inc's largest 2024 grantees include Swasia ($53,000), Guiding Light Islamic Ctr ($50,000) and Balsam Project ($28,000), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.
How large is Mercy Foundation Inc?
Mercy Foundation Inc reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $166K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is Mercy Foundation Inc's EIN?
Mercy Foundation Inc's EIN (Employer Identification Number) is 32-0013422. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Mercy Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Mercy Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Arif Foundation
Flushing, MI
The Arif Foundation supports varied charitable organizations; its 2024 grants ranged from $250 to $250,000, with a median of $5,500. It funded organizations in multiple states, with the largest share going to Texas, followed by California and Michigan. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$281K
Grants
26
Total Given
$494K
Najjar Family Foundation
Flushing, MI
The Najjar Family Foundation’s 2024 grants supported educational, religious, medical, and humanitarian organizations, with awards ranging from $502 to $15,000 and a median of $3,000. Giving was spread across several states, with nearly half going to Michigan; its 2024 filing is marked as its final return. The filing says it does not restrict grants to preselected organizations, but does not state whether it accepts unsolicited requests.
Assets
$458
Grants
13
Total Given
$65K
Dearborn Community Center
Dearborn, MI
Dearborn Community Center funds religious, educational, cultural, humanitarian, and other charitable activities, with recent grants supporting relief, education, and community organizations. Its 2025 grants ranged from $5,000 to $55,682, with a median of $11,882, and went mainly to Michigan and Texas recipients, with smaller amounts in Kansas, Arkansas, and Virginia. The profile does not state whether it accepts unsolicited requests.
Assets
$4.5M
Grants
19
Total Given
$312K
Sahara Foundation
Tampa, FL
The foundation funds education, food, shelter, relief, and other charitable purposes, with 2024 grants ranging from $500 to $10,850 and a median of $1,000. Giving was concentrated in Florida and Illinois, with additional grants in several other states. It contributes only to preselected organizations and does not accept unsolicited requests.
Assets
$915K
Grants
23
Total Given
$45K
The Tabbaa Foundation
Southfield, MI
Assets
$3.2M
Grants
30
Total Given
$101K
Obid Family Foundation Inc
Panama City, FL
Assets
$44K
Grants
2
Total Given
$10K
The Razzak Foundation
Flushing, MI
Assets
$912K
Grants
6
Total Given
$172K
Helping Human Foundation
Ypsilanti, MI
Assets
$123K
Grants
8
Total Given
$35K
Mallick Family Foundation
Wichita, KS
Assets
$213K
Grants
9
Total Given
$3K
The Premier Medical Foundation
Dearborn, MI
The Premier Medical Foundation funds charitable organizations and individuals providing charitable assistance and support to families in need, primarily in Michigan. Its 2025 grants ranged from $500 to $15,000, with a median of $1,000; it gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$11K
Grants
11
Total Given
$45K
Abdullah Foundation
Wesley Chapel, FL
In its final 2024 filing, the Florida-based foundation reported giving to humanitarian, healthcare, hunger-relief, and community organizations, with grants ranging from $1,000 to $5,163 and a median of $1,700. Grants went to organizations in several states, with the largest shares going to Washington, DC, Virginia, Texas, New York, and Kansas. It stated that it accepted no unsolicited requests and funded only preselected organizations.
Assets
$589K
Grants
12
Total Given
$23K
Stockbridge Foundation
Orchard Lake, MI
The Stockbridge Foundation funds interfaith religious activities, support for orphans and families, homelessness, and community improvement, with most giving in Michigan. Its 2025 grants ranged from $250 to $200,000, with a median of $1,800. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$439K
Grants
13
Total Given
$243K
More Funders in Kentucky
Mercy Foundation Inc down — hundreds of funders to go?