The Elisa and Howard Mermelstein

Private foundation · Grantmaker Boynton Beach, FL EIN: 20-8111269

The Elisa and Howard Mermelstein is a private foundation, based in Boynton Beach, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 1 grant totaling $134K. Net investment income was $87K.

Key facts about The Elisa and Howard Mermelstein

In short: The Elisa and Howard Mermelstein gave $134K across 1 grant in 2025 (avg $134K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
20-8111269
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$134,300
Grants made (2025)
1
Average grant
$134,300
Median grant
$134,300
Total assets
$2,952,078
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.0M

-1.0% YoY

Annual Giving

$134K

+119.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$134K

+119.6% YoY

Under IRS private-foundation payout rules, The Elisa and Howard Mermelstein reported a distributable amount of $188K for 2025 — the minimum it must pay out in qualifying distributions.

How The Elisa and Howard Mermelstein gives

  • Giving grew 82% from 2022 to 2025. Method
  • In 2025 it paid out 72% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

3states

Share of the 2025 grant dollars on its one itemized grant.

Cities

FlushingBrooklynBoynton BeachLakewoodLarenceN Boca RatonNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K9 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $61K (2024) to $134K (2025). In 2025 it made 1 grant totaling $134K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Details of Contributions to Charitable Organizations Available Upon Request: $134KDetails of Contributions toCharitable Organizations…$134K

The largest 2025 recipient was Details of Contributions to Charitable Organizations Available Upon Request ($134K).

Grant Size Distribution

5 grants across all recorded years

<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Details of Contributions to Charitable Organizations Available Upon Request Boynton Beach, FLTo Promote Activities of the Religious Organizations$134,300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,952,078$2,981,943$2,722,341
Revenue$223,377$486,198$942,557
Expenses$250,277$216,596$244,042
Qualifying Distributions$134,300$61,160$97,084
Net Investment Income$87,400$215,262$644,099
Distributable Amount$187,763$182,663—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS December 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 17, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 4, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 4, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Elisa and Howard Mermelstein's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Elisa Mermelstein

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Howard Mermelstein

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 The Elisa and Howard Mermelstein

How much does The Elisa and Howard Mermelstein give each year?

The Elisa and Howard Mermelstein gave $134K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $61K across 1 grant.

How large is The Elisa and Howard Mermelstein?

The Elisa and Howard Mermelstein reported $3.0M in total assets on its 2025 IRS Form 990-PF. It paid out $134K in qualifying distributions that year, against a required minimum of $188K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Elisa and Howard Mermelstein operate?

The Elisa and Howard Mermelstein has awarded grants in Florida, New Jersey, New York.

What is The Elisa and Howard Mermelstein's EIN?

The Elisa and Howard Mermelstein's EIN (Employer Identification Number) is 20-8111269. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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