The Bobby Merkert Open Inc

Foundation · Grantmaker SEVERNA PARK, MD EIN: 87-2607412

The Bobby Merkert Open Inc is a private foundation focused on Youth Development, based in SEVERNA PARK, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 2 grants totaling $60K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$29K

+63.8% YoY

Annual Giving

$60K

+114.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$30K

+114.3% YoY

Under IRS private-foundation payout rules, The Bobby Merkert Open Inc reported a distributable amount of $951 for 2024 — the minimum it must pay out in qualifying distributions.

About The Bobby Merkert Open Inc

Based on IRS filings

Focus Areas

Youth Development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $78K (55%)

Georgia $65K (45%)

States

Colorado Georgia

Cities

AtlantaColorado Springs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$29,176	$17,809	$19,219
Revenue	$122,250	$68,150	$75,600
Expenses	$110,883	$69,560	$101,200
Qualifying Distributions	$60,000	$28,000	$55,000
Net Investment Income	—	—	—
Distributable Amount	$951	$655	$415

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

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hope Heals ($30,000), Younglife Capernaum ($30,000).

Recipient	Purpose	Amount
HOPE HEALS ATLANTA, GA	HOPE HEALS CREATES SPIRITUAL AND SOCIAL SPACES OF BELONGING AND BELOVEDNESS FOR FAMILIES AFFECTED BY DISABILITIES TO EXPERIENCE THE HOPE OF CHRIST IN THE CONTEXT OF INTER-ABILITY COMMUNITIES.	$30,000
YOUNGLIFE CAPERNAUM COLORADO SPRINGS, CO	CREATING SPACES OF BELONGING FOR TEENS AND YOUNG ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN J MCGOVERN JR	DIRECTOR	5	—
GRANT SCHWEIKERT	DIRECTOR	5	—

Subject Areas

Focus areas based on grantmaking activity

Youth Development

Frequently Asked Questions

What is The Bobby Merkert Open Inc?

The Bobby Merkert Open Inc is a private foundation focused on Youth Development, based in SEVERNA PARK, MD. It holds $29K in total assets as of 2024.

How large is The Bobby Merkert Open Inc?

As of 2024, The Bobby Merkert Open Inc holds $29K in total assets with $122K in annual revenue. It awarded 2 grants totaling $60K in 2024.

Where does The Bobby Merkert Open Inc operate?

The Bobby Merkert Open Inc has awarded grants in Colorado, Georgia.

What size grants does The Bobby Merkert Open Inc award?

In 2024, The Bobby Merkert Open Inc awarded 2 grants totaling $60K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is The Bobby Merkert Open Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bobby Merkert Open Inc reported a distributable amount of $951 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.