Merlo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 11 grants totaling $217K. Net investment income was $213K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
-0.6% YoY
Annual Giving
$217K
+6.1% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$20K
-22.8% YoY
Under IRS private-foundation payout rules, Merlo Family Foundation reported a distributable amount of $261K for 2024 — the minimum it must pay out in qualifying distributions.
About Merlo Family Foundation
Based on IRS filings
Merlo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 11 grants totaling $217K. Net investment income was $213K.
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 | $4,660,194 | $4,686,574 | $4,843,739 |
| Revenue | $242,417 | $96,879 | $-37,193 |
| Expenses | $268,797 | $254,044 | $141,096 |
| Qualifying Distributions | $238,206 | $226,491 | $114,593 |
| Net Investment Income | $212,724 | $70,826 | $45,547 |
| Distributable Amount | $261,302 | $234,509 | $228,132 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pittsburgh ($100,000), All Hands and Hearts Smart Response Inc ($50,000), Boys and Girls Clubs of Providence ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL HANDS AND HEARTS SMART RESPONSE INC MATTAPOISETT, MA | Charitable Event | $50,000 |
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO NEW YORK, NY | General & Unrestricted | $10,000 |
| BOYS AND GIRLS CLUBS OF PROVIDENCE PROVIDENCE, RI | General & Unrestricted | $15,000 |
| CHILDRENS HOSPITAL PITTSBURGH FOUNDATION PITTSBURGH, PA | General & Unrestricted | $5,000 |
| DANA FARBER CANCER INSTITUTE INC BOSTON, MA | General & Unrestricted | $6,000 |
| HUMANE SOCIETY OF THE UNITED STATES WASHINGTON, DC | General & Unrestricted | $10,000 |
| JOHNS HOPKINS UNIVERSITY BALTIMORE, MD | General & Unrestricted | $5,000 |
| LINCOLN SCHOOL PROVIDENCE, RI | General & Unrestricted | $10,000 |
| LOVE4PAWS INC SARASOTA, FL | General & Unrestricted | $5,000 |
| MOVEMBER FOUNDATION SANTA MONICA, CA | General & Unrestricted | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kristen V Merlo | Dir | 1 | — |
| Larry J Merlo | Dir, Pres, Sec, Treas | 1 | — |
| LeeAnn E Merlo | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Merlo Family Foundation?
Merlo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $4.7M in total assets as of 2024.
How large is Merlo Family Foundation?
As of 2024, Merlo Family Foundation holds $4.7M in total assets with $242K in annual revenue. It awarded 11 grants totaling $217K in 2024.
Where does Merlo Family Foundation operate?
Merlo Family Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Massachusetts, Maryland, New York, Pennsylvania, Rhode Island.
What size grants does Merlo Family Foundation award?
In 2024, Merlo Family Foundation awarded 11 grants totaling $217K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Merlo Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Merlo Family Foundation reported a distributable amount of $261K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Merlo Family Foundation's EIN?
Merlo Family Foundation's EIN (Employer Identification Number) is 86-2109227. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Merlo Family 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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