Mershad Family Foundation
Mershad Family Foundation is a private foundation, based in Columbus, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $225K in total assets. In 2024, it awarded 2 grants totaling $318K.
Mershad Family Foundation at a glance
In short: Mershad Family Foundation gave $318K across 2 grants in 2024 (avg $159K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $318,150
- Grants made (2024)
- 2
- Average grant
- $159,075
- Median grant
- $159,075
- Total assets
- $225,100
- +25.0% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mershad Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was New Albany Community Foundation ($318K across 2 grants).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Mershad Family Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 2 grants totaling $318K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Albany Community Foundation New Albany, OH | Donor-advised fund | $295,550 |
| New Albany Community Foundation New Albany, OH | Donor-advised fund | $22,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $225,100 | $334,226 | $324,664 | $318,150 | 2 | $324,664 | — | $9,818 |
| 2023 | $180,039 | $16,073 | $7,173 | — | — | $7,173 | — | $8,251 |
| 2022 | $184,952 | $9,573 | $3,024 | — | — | $3,024 | $3,196 | $8,921 |
| 2021 | $191,603 | $6,004 | $3,697 | — | — | — | $2,307 | $9,276 |
| 2020 | $158,151 | $1,907 | $2,316 | — | — | — | $6,006 | $7,162 |
Under IRS private-foundation payout rules, Mershad Family Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mershad Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Richard M Mershad
Director
On filings since 2020
1 hr/week
No compensation reported
Sara M Mershad
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mershad Family Foundation
How much does Mershad Family Foundation give each year?
Mershad Family Foundation gave $318K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Mershad Family Foundation?
Mershad Family Foundation reported $225K in total assets on its 2024 IRS Form 990-PF. It paid out $325K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
Where does Mershad Family Foundation operate?
Mershad Family Foundation has awarded grants in Ohio.
What is Mershad Family Foundation's EIN?
Mershad Family Foundation's EIN (Employer Identification Number) is 26-0221536. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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