Nicholas And Anita Mercede Foundation Inc

Private foundation · Grantmaker Stamford, CT EIN: 26-1554812

Nicholas And Anita Mercede Foundation Inc is a private foundation, based in Stamford, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 3 grants totaling $18K. Net investment income was $9K.

Key facts about Nicholas And Anita Mercede Foundation Inc

In short: Nicholas And Anita Mercede Foundation Inc gave $18K across 3 grants in 2024 (avg $6K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
26-1554812
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$18,000
Grants made (2024)
3
Average grant
$6,000
Median grant
$5,000
Total assets
$95,473
Primary geography
Massachusetts (67% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95K

-8.1% YoY

Annual Giving

$18K

-25.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$6K

-25.0% YoY

How Nicholas And Anita Mercede Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−8%). Method
  • In 2023 it paid out 372% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

BostonStamfordAtlantaNorwalkCaledoniaFairfieldWestport

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants2020 4 grants2021 4 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $18K (2024) to $51K (2020). In 2024 it made 3 grants totaling $18K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Ireland Fund-Celtic Fndtn: $12KIreland Fund-Celtic Fndtn$12KAbilis: $5KAbilis$5KWestport Library: $1KWestport Library$1K

The largest 2024 recipient was Ireland Fund-Celtic Fndtn ($12K). Together the top 3 received $18K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ireland Fund-Celtic Fndtn Boston, MATo Further theExempt Purpose ofthe Organization$12,000
Abilis Stamford, CTTo Further theExempt Purpose ofthe Organization$5,000
Westport Library Westport, CTTo Further theExempt Purpose ofthe Organization$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$95,473$103,847$117,611
Revenue$8,801$10,370$9,717
Expenses$18,195$24,188$39,026
Qualifying Distributions$18,000$24,000$38,276
Net Investment Income$8,606$10,182$8,948
Distributable Amount—$6,448$7,983

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Nicholas And Anita Mercede Foundation Inc is led by Barbara A Pierce, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Barbara A Pierce

    President & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Frank J Mercede

    Secretary, Treasurer & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kathryn L Mercede

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Heather A Giannone

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Heather A. Pierce (2020–2022) — Director

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 Nicholas And Anita Mercede Foundation Inc

How much does Nicholas And Anita Mercede Foundation Inc give each year?

Nicholas And Anita Mercede Foundation Inc gave $18K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $24K across 3 grants.

What is Nicholas And Anita Mercede Foundation Inc's typical grant size?

Nicholas And Anita Mercede Foundation Inc's median grant in 2024 was $5,000, and its average grant was $6,000, across 3 grants on its 2024 IRS Form 990-PF.

Where does Nicholas And Anita Mercede Foundation Inc give grants?

Nicholas And Anita Mercede Foundation Inc gives mostly in Massachusetts: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (33%).

Does Nicholas And Anita Mercede Foundation Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Nicholas And Anita Mercede Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further theExempt Purpose ofthe Organization" (3 grants).

How large is Nicholas And Anita Mercede Foundation Inc?

Nicholas And Anita Mercede Foundation Inc reported $95K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $9K.

What is Nicholas And Anita Mercede Foundation Inc's EIN?

Nicholas And Anita Mercede Foundation Inc's EIN (Employer Identification Number) is 26-1554812. 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.

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