The Mercy Family Foundation Inc
The Mercy Family Foundation Inc is a private foundation based in Charlottesville, Virginia. It states that it does not conduct direct charitable activities and primarily supports other organizations exempt under Section 501(c)(3) of the Internal Revenue Code through contributions.
The Mercy Family Foundation Inc at a glance
In short: The Mercy Family Foundation Inc gave $90K across 21 grants in 2024 (avg $4K), mostly in New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $89,950
- -50.5% vs 2023
- Grants made (2024)
- 21
- -12.5% vs 2023
- Average grant
- $4,283
- -43.4% vs 2023
- Median grant
- $1,000
- Total assets
- $3,390,359
- +3.1% vs 2023
- New grantees (estimate)
- 24% first-time grantees (5 of 21, 2024; small sample)
- Primary geography
- New York (83% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Mercy Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: C/O Silvercrest 230 Court Square, Charlottesville, VA 22902
Phone: (434) 977-4420
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Mercy Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was New York Philharmonic ($25K). Together the top 10 received $83K.
Grant Size Distribution
226 grants across all recorded years
The most common grant size was under $50K: 223 grants of 226 (99%).
Geographic Focus
Where this funder awards grants
In 2024, 83% of grant dollars went to recipients in New York and 13% to recipients in New Jersey. California received 2%, while Connecticut and Texas each received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
States
Cities
Is The Mercy Family Foundation Inc open to new grantees?
24%
first-time grantees, 2024
In 2024, 5 of 21 grantees (24%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $2K; repeat grants $5K. How we count
Medians: $500 first-time, $2K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving fell 77% from 2021 to 2024. Method
- In 2024 it paid out 40% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $90K (2024) to $395K (2021). In 2024 it made 21 grants totaling $90K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New York Philharmonic New York, NY | General | $25,000 |
| Publicolor New York, NY | General | $20,000 |
| Rising Treetops at Oakhurst Oakhurst, NJ | General | $11,000 |
| Chapel & York US Foundation New York, NY | General | $10,000 |
| New York Historical Society New York, NY | General | $6,000 |
| The Jewish Museum New York, NY | General | $2,500 |
| The Metropolitan Museum of Art New York, NY | General | $2,500 |
| Wnet New York, NY | General | $2,500 |
| American Museum of Natural History New York, NY | General | $2,000 |
| Carnegie Hill Neighbors New York, NY | General | $1,500 |
Ready to take the next step with The Mercy Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,390,359 | $230,900 | $127,721 | $89,950 | 21 | $93,200 | $196,629 | $231,333 |
| 2023 | $3,287,180 | $171,469 | $226,718 | $181,600 | 24 | $181,600 | $142,601 | $213,376 |
| 2022 | $3,342,429 | $540,440 | $343,089 | $304,071 | 51 | $304,071 | $507,772 | $223,430 |
| 2021 | $3,145,078 | $417,420 | $427,837 | $394,550 | 61 | $394,550 | $384,383 | $236,016 |
| 2020 | $3,155,495 | $92,199 | $435,194 | $390,377 | 69 | — | $91,455 | $205,525 |
Under IRS private-foundation payout rules, The Mercy Family Foundation Inc reported a distributable amount of $231K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing states that its primary purpose is to support other 501(c)(3) organizations. Its 2024 grants included organizations whose own missions involve youth education and development, arts and cultural institutions, public-service media, neighborhood programs, and education. For example, Publicolor describes its work as supporting students facing significant challenges through a multi-year educational and career-development program. The New-York Historical Society says it collects, preserves, and interprets materials related to U.S. and New York history; the Metropolitan Museum of Art says it presents works of art across times and cultures; and WNET describes itself as a public-service nonprofit delivering learning and community experiences.
Grantmaking
In filing year 2024, the foundation reported 21 grants totaling $89,950. Grant amounts ranged from $200 to $25,000, with a median grant of $1,000. The largest listed grants were $25,000 to the New York Philharmonic, $20,000 to Publicolor, $11,000 to Rising Treetops at Oakhurst, and $10,000 to Chapel & York US Foundation. Other listed recipients included the New York Historical Society ($6,000), The Jewish Museum ($2,500), the Metropolitan Museum of Art ($2,500), WNET ($2,500), the American Museum of Natural History ($2,000), Carnegie Hill Neighbors ($1,500), Camp Oakhurst ($1,000), and Connecticut College ($1,000). The listed grants were for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Eugene Mercy Jr as president, Eugene Mercy III as secretary, and Andrew Seth Mercy as treasurer.
The Mercy Family Foundation Inc is led by Eugene Mercy Jr., President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Eugene Mercy Jr.
President
On filings since 2020
No compensation reported
Andrew Seth Mercy
Treasurer
Director → Officer, 2023
Officer → Treasurer, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Eugene Mercy III
Secretary
Director → Officer, 2023
Officer → Secretary, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (2)
- Former: Aaron Daniels (2020–2023) — Director
- Former: Robert E. Mnuchin (2020–2023) — Secretary
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 The Mercy Family Foundation Inc
How much does The Mercy Family Foundation Inc give each year?
The Mercy Family Foundation Inc gave $90K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $182K across 24 grants.
What is The Mercy Family Foundation Inc's typical grant size?
The Mercy Family Foundation Inc's median grant in 2024 was $1,000, and its average grant was $4,283, across 21 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Mercy Family Foundation Inc that year got $2K on average.
Where does The Mercy Family Foundation Inc give grants?
The Mercy Family Foundation Inc gives mostly in New York: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (13%). The most frequent recipient cities were New York, NY (14 grants) and Oakhurst, NJ (2 grants).
Does The Mercy Family Foundation Inc give general operating support?
Yes: 100% of The Mercy Family Foundation Inc's 2024 grants with a stated purpose (21 of 21) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Mercy Family Foundation Inc's largest grantees?
The Mercy Family Foundation Inc's largest 2024 grantees include New York Philharmonic ($25,000), Publicolor ($20,000) and Rising Treetops at Oakhurst ($11,000), according to its 2024 IRS Form 990-PF. Together they received 62% of its itemized 2024 grant dollars.
How large is The Mercy Family Foundation Inc?
The Mercy Family Foundation Inc reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $231K (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.
What does The Mercy Family Foundation Inc fund?
The foundation’s filing states that its primary purpose is to support other 501(c)(3) organizations. Its 2024 grants included organizations whose own missions involve youth education and development, arts and cultural institutions, public-service media, neighborhood programs, and education. See mission & focus areas ↑
How do I apply for a grant from The Mercy Family Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Mercy Family Foundation Inc's EIN?
The Mercy Family Foundation Inc's EIN (Employer Identification Number) is 13-6217050. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Mercy Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Mercy Family Foundation Inc funder profile. GrantGraph. Retrieved October 26, 2026, from https://grantable.co/funders/the-mercy-family-foundation-inc-morg_95fa43234cf44a61af2d58977fba7d22
BibTeX
@misc{grantable_136217050_2026,
author = {{Grantable}},
title = {{The Mercy Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-mercy-family-foundation-inc-morg_95fa43234cf44a61af2d58977fba7d22},
note = {Accessed 2026-10-26. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Mercy Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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