Merjent Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $98K in total assets. In 2024, it awarded 11 grants totaling $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$98K
-1.8% YoY
Annual Giving
$40K
-1.5% YoY
Grant Count
11
-21.4% YoY
Avg Grant Size
$4K
+25.4% YoY
Under IRS private-foundation payout rules, Merjent Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Merjent Foundation
Based on IRS filings
Merjent Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $98K in total assets. In 2024, it awarded 11 grants totaling $40K.
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 | $97,960 | $99,735 | $73,085 |
| Revenue | $41,500 | $68,000 | $80,750 |
| Expenses | $43,275 | $41,350 | $52,775 |
| Qualifying Distributions | $41,388 | $40,726 | $52,163 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,442 | $4,718 | $5,183 |
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
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Red Cross ($10,000), Community Foundation of West Ia ($4,000), Greater Houston Disaster Alliance ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 2024 - SCHOLARSHIPS ST THOMAS ST PAUL, MN | SCHOLARSHIP | $2,500 |
| 2024 - SCHOLARSHIP UW STEVEN PT STEVENS POINT, WI | SCHOLARSHIP | $3,500 |
| 2024 - SCHOLARSHIP UNIV OF MN-DUL DULUTH, MN | SCHOLARSHIP | $2,500 |
| AMERICAN RED CROSS WASHINGTON, DC | CHARITABLE CONTRIBUTION | $10,000 |
| COMMUNITY FOUNDATION OF WEST IA COUNCIL BLUFFS, IA | CHARITABLE CONTRIBUTIONS | $4,000 |
| GREATER HOUSTON DISASTER ALLIANCE HOUSTON, TX | CHARITABLE CONTRIBUTION | $4,000 |
| NEBRASKA CATTLEMEN DISASTER RELIEF LINCOLN, NE | CHARITABLE CONTRIBUTION | $4,000 |
| SAINT BERNARD PROJECT NEW ORLEANS, LA | CHARITABLE CONTRIBUTION | $4,000 |
| ST WILLIAM CATHOLIC SCHOOL JANESVILLE, WI | CHARITABLE CONTRIBUTION | $500 |
| TEAM RUBICAN LOS ANGLES, CA | CHARITABLE CONTRIBUTION | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARI KRAUSE | PRESIDENT | 0.5 | — |
| MELISSA DELLWO | SECRETARY | 0.5 | — |
| JESSICA CARUSO | TREASURER | 0.5 | — |
| BILL HARDING | BOARD MEMBER | 0.5 | — |
| SCOTT BEARD | BOARD MEMBER | 0.5 | — |
| LACY LEPISTO | BOARD MEMBER | 0.5 | — |
| MARK CLINE | BOARD MEMBER | 0.5 | — |
| BRIAN FOX | BOARD MEMBER | 0.5 | — |
| BECKY REINERT | BOARD MEMBER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Merjent Foundation?
Merjent Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds $98K in total assets as of 2024.
How large is Merjent Foundation?
As of 2024, Merjent Foundation holds $98K in total assets with $42K in annual revenue. It awarded 11 grants totaling $40K in 2024.
Where does Merjent Foundation operate?
Merjent Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Iowa, Indiana, Louisiana, Michigan, Minnesota, North Dakota, Nebraska, Pennsylvania, South Dakota, Texas, Wisconsin.
What size grants does Merjent Foundation award?
In 2024, Merjent Foundation awarded 11 grants totaling $40K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Merjent Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Merjent Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Merjent Foundation's EIN?
Merjent Foundation's EIN (Employer Identification Number) is 83-1623599. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Merjent 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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