Meridian Foundation Inc

NAPLES, FL EIN: 83-2602411

Meridian Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 7 grants totaling $135K. Net investment income was $127K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+10.8% YoY

Annual Giving

$135K

+10.2% YoY

Grant Count

-41.7% YoY

Avg Grant Size

$19K

+88.9% YoY

Under IRS private-foundation payout rules, Meridian Foundation Inc reported a distributable amount of $145K for 2024 — the minimum it must pay out in qualifying distributions.

About Meridian Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Meridian Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $503K (98%)

Florida $12K (2%)

States

Florida Indiana

Cities

BloomingtonCarmelFishersIndianapolisNaplesNoblesville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,989,269	$1,795,583	$1,797,886
Revenue	$594,426	$175,082	$234,685
Expenses	$153,475	$133,582	$133,999
Qualifying Distributions	$135,000	$122,500	$120,000
Net Investment Income	$126,892	$78,146	$48,270
Distributable Amount	$144,816	$133,089	$125,429

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

39 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Goodwill Foundation of Central and Southern Indiana Inc ($30,000), Trinity Free Clinic Inc ($25,000), You Yes You Project Inc ($20,000).

Recipient	Purpose	Amount
YOU YES YOU PROJECT INC INDIANAPOLIS, IN	GENERAL FUND	$20,000
TRINITY FREE CLINIC INC CARMEL, IN	GENERAL FUND	$25,000
BIG CAR MEDIA INC (BIG CAR COLLABORATIVE) INDIANAPOLIS, IN	GENERAL FUND	$20,000
ST MATTHEWS HOUSE INC NAPLES, FL	GENERAL FUND	$12,000
RIVER WEST THEATRE INC (FONSECA THEATRE COMPANY) INDIANAPOLIS, IN	GENERAL FUND	$18,000
GOODWILL FOUNDATION OF CENTRAL AND SOUTHERN INDIANA INC INDIANAPOLIS, IN	GENERAL FUND	$30,000
INDIANAPOLIS ZOOLOGICAL SOCIETY INC (INDIANAPOLIS ZOO) INDIANAPOLIS, IN	GENERAL FUND	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DENNIS D OKLAK	PRESIDENT	1	—
DONNA M OKLAK	DIRECTOR	1	—
ABBEY L OKLAK	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Meridian Foundation Inc?

Meridian Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $2.0M in total assets as of 2024.

How large is Meridian Foundation Inc?

As of 2024, Meridian Foundation Inc holds $2.0M in total assets with $594K in annual revenue. It awarded 7 grants totaling $135K in 2024.

Where does Meridian Foundation Inc operate?

Meridian Foundation Inc has awarded grants in Florida, Indiana.

What size grants does Meridian Foundation Inc award?

In 2024, Meridian Foundation Inc awarded 7 grants totaling $135K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Meridian Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Meridian Foundation Inc reported a distributable amount of $145K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.