The Mercy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MT JULIET, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $50K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+1.7% YoY
Annual Giving
$50K
-48.5% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$25K
+54.5% YoY
Under IRS private-foundation payout rules, The Mercy Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mercy Foundation
Based on IRS filings
The Mercy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MT JULIET, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $50K. Net investment income was $69K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,126,858 | $1,108,244 | $1,198,506 |
| Revenue | $75,984 | $14,339 | $39,364 |
| Expenses | $57,370 | $104,601 | $80,591 |
| Qualifying Distributions | $50,446 | $97,087 | $71,586 |
| Net Investment Income | $69,060 | $27,164 | $41,825 |
| Distributable Amount | $60,642 | $56,923 | $56,020 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Steps of Faith ($30,000), Sac ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAC NASHVILLE, TN | GENERAL SUPPORT | $20,000 |
| STEPS OF FAITH KANSAS CITY, MO | GENERAL SUPPORT | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOY M MERCY | TRUSTEE | 1 | — |
| MASON MERCY | SECRETARY | 1 | — |
| CATHERINE HARRISON | BOARD MEMBER | 1 | — |
| SARAH MERCY | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mercy Foundation?
The Mercy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MT JULIET, TN. It holds $1.1M in total assets as of 2024.
How large is The Mercy Foundation?
As of 2024, The Mercy Foundation holds $1.1M in total assets with $76K in annual revenue. It awarded 2 grants totaling $50K in 2024.
Where does The Mercy Foundation operate?
The Mercy Foundation has awarded grants in Colorado, Georgia, Kansas, Kentucky, Missouri, North Carolina, Nevada, Tennessee.
What size grants does The Mercy Foundation award?
In 2024, The Mercy Foundation awarded 2 grants totaling $50K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is The Mercy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mercy Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mercy Foundation's EIN?
The Mercy Foundation's EIN (Employer Identification Number) is 62-6351496. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mercy Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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