Pottstown Mercury Foundation

READING, PA EIN: 23-6256419

Economically disadvantaged people Low-income people

Pottstown Mercury Foundation is a private foundation focused on Economically disadvantaged people, based in READING, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57K in total assets. In 2024, it awarded 2 grants totaling $79K. Net investment income was $5.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$57K

+24.9% YoY

Annual Giving

$79K

-12.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$40K

-12.1% YoY

Under IRS private-foundation payout rules, Pottstown Mercury Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Pottstown Mercury Foundation

Based on IRS filings

Focus Areas

Economically disadvantaged people Low-income people

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $368K (100%)

States

Pennsylvania

Cities

Exton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$57,439	$45,973	$43,616
Revenue	$100,597	$103,818	$129,704
Expenses	$89,131	$101,461	$127,816
Qualifying Distributions	$79,270	$90,215	$117,285
Net Investment Income	$5	$5	$5
Distributable Amount	$2,688	$2,243	$2,341

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

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Operation Holiday-christmas-see Attached Footnote ($71,270), Local Food Pantries-see Attached Footnote ($8,000).

Recipient	Purpose	Amount
LOCAL FOOD PANTRIES-SEE ATTACHED FOOTNOTE EXTON, PA	GENERAL SUPPORT OF FOOD PANTRY OPERATIONS IN MONTGOMERY AND CHESTER COUNTIES	$8,000
OPERATION HOLIDAY-CHRISTMAS-SEE ATTACHED FOOTNOTE EXTON, PA	PROVIDING FOOD AND TOYS TO INDIGENT AND NEEDY	$71,270

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NANCY MARCH	PRESIDENT	1	—
SHELLEY MEENAN	VICE PRESIDENT	1	—
PATRICIA PAUL	TREASURER	1	—
CYNTHIA LEVAN	FINANCIAL SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Economically disadvantaged people Low-income people

Frequently Asked Questions

What is Pottstown Mercury Foundation?

Pottstown Mercury Foundation is a private foundation focused on Economically disadvantaged people, based in READING, PA. It holds $57K in total assets as of 2024.

How large is Pottstown Mercury Foundation?

As of 2024, Pottstown Mercury Foundation holds $57K in total assets with $101K in annual revenue. It awarded 2 grants totaling $79K in 2024.

Where does Pottstown Mercury Foundation operate?

Pottstown Mercury Foundation has awarded grants in Pennsylvania.

What size grants does Pottstown Mercury Foundation award?

In 2024, Pottstown Mercury Foundation awarded 2 grants totaling $79K — an average of about $40K per grant, based on its IRS Form 990 filings.

How much is Pottstown Mercury Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pottstown Mercury Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.