Merit Foundation
Merit Foundation is a nonprofit organization, based in MOUNT PROSPECT, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 25 grants totaling $72K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$72K
+21.2% YoY
Grant Count
25
+4.2% YoY
Avg Grant Size
$3K
+16.3% YoY
About Merit Foundation
Based on IRS filings
Merit Foundation is a nonprofit organization, based in MOUNT PROSPECT, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 25 grants totaling $72K.
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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 | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENDA FRUCHT | TREASURER | 1 | — |
| REBECCA JOHNSON | DIRECTOR | 1 | $300 |
| LAUREN B CANTONI | DIRECTOR | 1 | $300 |
| STEPHEN FRUCHT | DIRECTOR | 1 | $300 |
| MICHAEL FRUCHT | PRESIDENT | 1 | — |
| ANDREW FRUCHT | DIRECTOR | 1 | $300 |
| ANNEMARIE JOHNSON | DIRECTOR | 1 | $300 |
| JAMES FRUCHT | DIRECTOR | 1 | $300 |
| KATHERINE FRUCHT | DIRECTOR | 1 | $300 |
| NATHANIEL FRUCHT | DIRECTOR | 1 | $300 |
| MARK FRUCHT | DIRECTOR | 1 | $300 |
| ANNA FRUCHT | DIRECTOR | 1 | $300 |
| EMMA CANTONI | DIRECTOR | 1 | — |
| VIVIAN JOHNSON | JUNIOR DIRECTOR | 1 | — |
| ADAM FRUCHT | JUNIOR DIRECTOR | 1 | — |
| ELIZABETH CANTONI | JUNIOR DIRECTOR | 1 | — |
| BRIAN CANTONI | SECRETARY | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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