Mershad Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$225K
+25.0% YoY
Annual Giving
$318K
Grant Count
2
Avg Grant Size
$159K
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.
About Mershad Family Foundation
Based on IRS filings
Mershad Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $225,100 | $180,039 | $184,952 |
| Revenue | $334,226 | $16,073 | $9,573 |
| Expenses | $324,664 | $7,173 | $3,024 |
| Qualifying Distributions | $324,664 | $7,173 | $3,024 |
| Net Investment Income | — | — | $3,196 |
| Distributable Amount | $9,818 | $8,251 | $8,921 |
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
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Albany Community Foundation ($295,550), New Albany Community Foundation ($22,600).
| Recipient | Purpose | Amount |
|---|---|---|
| New Albany Community Foundation New Albany, OH | Donor-advised fund | $22,600 |
| New Albany Community Foundation New Albany, OH | Donor-advised fund | $295,550 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard M Mershad | Director | 1 | — |
| Sara M Mershad | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mershad Family Foundation?
Mershad Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. It holds $225K in total assets as of 2024.
How large is Mershad Family Foundation?
As of 2024, Mershad Family Foundation holds $225K in total assets with $334K in annual revenue. It awarded 2 grants totaling $318K in 2024.
Where does Mershad Family Foundation operate?
Mershad Family Foundation has awarded grants in Ohio.
What size grants does Mershad Family Foundation award?
In 2024, Mershad Family Foundation awarded 2 grants totaling $318K — an average of about $159K per grant, based on its IRS Form 990 filings.
How much is Mershad Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mershad Family Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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