Merritt Sam & Bertha Memorial Tr

MILWAUKEE, WI EIN: 23-7035116

Merritt Sam & Bertha Memorial Tr is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 2 grants totaling $152K. Net investment income was $107K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-1.8% YoY

Annual Giving

$152K

+6.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$76K

+6.2% YoY

Under IRS private-foundation payout rules, Merritt Sam & Bertha Memorial Tr reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.

About Merritt Sam & Bertha Memorial Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Dakota $812K (100%)

States

North Dakota

Cities

Bismarck

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,784,584	$2,835,499	$2,923,157
Revenue	$152,330	$104,455	$169,834
Expenses	$202,829	$191,689	$235,145
Qualifying Distributions	$158,305	$149,217	$188,145
Net Investment Income	$107,499	$60,292	$128,802
Distributable Amount	$152,283	$143,705	$150,393

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Church ($76,020), Bismarck State College Foundation ($76,020).

Recipient	Purpose	Amount
FIRST PRESBYTERIAN CHURCH BISMARCK, ND	GENERAL OPERATING	$76,020
BISMARCK STATE COLLEGE FOUNDATION BISMARCK, ND	SCHOLARSHIPS	$76,020

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$47,645

Frequently Asked Questions

How large is Merritt Sam & Bertha Memorial Tr?

As of 2024, Merritt Sam & Bertha Memorial Tr holds $2.8M in total assets with $152K in annual revenue. It awarded 2 grants totaling $152K in 2024.

Where does Merritt Sam & Bertha Memorial Tr operate?

Merritt Sam & Bertha Memorial Tr has awarded grants in North Dakota.

What size grants does Merritt Sam & Bertha Memorial Tr award?

In 2024, Merritt Sam & Bertha Memorial Tr awarded 2 grants totaling $152K — an average of about $76K per grant, based on its IRS Form 990 filings.

How much is Merritt Sam & Bertha Memorial Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Merritt Sam & Bertha Memorial Tr reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Merritt Sam & Bertha Memorial Tr's EIN?

Merritt Sam & Bertha Memorial Tr's EIN (Employer Identification Number) is 23-7035116. IRS Form 990 filing data is available on this page for 2020–2024.