The Mercy Foundation
The Mercy Foundation is a private foundation, 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.
The Mercy Foundation at a glance
In short: The Mercy Foundation gave $50K across 2 grants in 2024 (avg $25K), mostly in Missouri. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,000
- -48.5% vs 2023
- Grants made (2024)
- 2
- -66.7% vs 2023
- Average grant
- $25,000
- +54.5% vs 2023
- Median grant
- $25,000
- Total assets
- $1,126,858
- +1.7% vs 2023
- Primary geography
- Missouri (60% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Mercy Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Steps of Faith ($30K). Together the top 2 received $50K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How The Mercy Foundation gives
- Giving fell 26% from 2021 to 2024. Method
- In 2024 it paid out 83% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $29K (2020) to $97K (2023). In 2024 it made 2 grants totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Steps of Faith Kansas City, MO | General Support | $30,000 |
| Sac Nashville, TN | General Support | $20,000 |
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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 | $1,126,858 | $75,984 | $57,370 | $50,000 | 2 | $50,446 | $69,060 | $60,642 |
| 2023 | $1,108,244 | $14,339 | $104,601 | $97,087 | 6 | $97,087 | $27,164 | $56,923 |
| 2022 | $1,198,506 | $39,364 | $80,591 | $70,000 | 5 | $71,586 | $41,825 | $56,020 |
| 2021 | $1,239,733 | $181,702 | $75,406 | $67,500 | 8 | $67,500 | $173,796 | $62,756 |
| 2020 | $1,133,437 | $39,985 | $35,341 | $28,500 | 6 | — | $33,566 | $60,638 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Mercy Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joy M. Mercy
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mason Mercy
Secretary
On filings since 2020
1 hr/week
No compensation reported
Sarah Mercy
Board Member
Board Member → Trustee, 2023
Trustee → Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Catherine Harrison
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Catherine Mercy (2020–2023) — Trustee
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 Foundation
How much does The Mercy Foundation give each year?
The Mercy Foundation gave $50K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $97K across 6 grants.
How large is The Mercy Foundation?
The Mercy Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $61K (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 Mercy Foundation operate?
The Mercy Foundation has awarded grants in Colorado, Georgia, Kansas, Kentucky, Missouri, North Carolina, Nevada, Tennessee.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Mercy Foundation funds
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