THE FOUNDATION SUPPORTS THE OPERATIONS OF MERCY SHIPS INTERNATIONAL, A QUALIFIED 501(C)(3) ORGANIZATION, IN THE FURTHERANCE OF ITS MISSION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$278.9M
+11.3% YoY
Revenue
$5.2M
+24.3% YoY
Net Investment Income
$3.2M
+133.4% YoY
Expenses
$18K
-98.7% YoY
About Mercy Ships Foundation
Based on IRS filings
Mercy Ships Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LINDALE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $278.9M in total assets. Net investment income was $3.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $278,926,358 | $250,510,557 | $231,178,366 |
| Revenue | $5,157,408 | $4,147,992 | $58,837,465 |
| Expenses | $18,421 | $1,397,977 | $9,481,714 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,155,597 | $1,352,147 | $2,168,352 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GUY WADE | TREASURER, DIRECTOR | 2 | — |
| MIKE COWAN | CHAIR, DIRECTOR | 2 | — |
| ANN BROOKSHIRE | DIRECTOR | 0.2 | — |
| BARBARA BASS | DIRECTOR | 0.2 | — |
| GAYLORD HUGHEY | DIRECTOR | 0.2 | — |
| HENRY CLARKE | DIRECTOR | 0.2 | — |
| JIM BOYD | DIRECTOR | 0.2 | — |
| MARK WHATLEY | DIRECTOR | 0.2 | — |
| PETER B SCHULZE | Director | 2 | — |
| RUBEN MARTIN | DIRECTOR | 0.2 | — |
| TROY GRIEPP | DIRECTOR | 0.2 | — |
| David Schwab | General Counsel Start: 12/5/2024 | 0.5 | — |
| LINDA PRUETT | ASSISTANT SECRETARY | 0.2 | — |
| NICOLAS ADAME | CFO OF MERCY SHIPS START: 01/08/2024 | 0.7 | — |
| PAUL OWEN | Non-Director Board Secretary End: 7/16/2024 | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mercy Ships Foundation?
Mercy Ships Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LINDALE, TX. It holds $278.9M in total assets as of 2024.
How large is Mercy Ships Foundation?
As of 2024, Mercy Ships Foundation holds $278.9M in total assets with $5.2M in annual revenue.
Where does Mercy Ships Foundation operate?
Mercy Ships Foundation has awarded grants in Texas.
What is Mercy Ships Foundation's EIN?
Mercy Ships Foundation's EIN (Employer Identification Number) is 75-2641151. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mercy Ships Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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