The Merrill Foundation Inc

MCLEAN, VA EIN: 52-1490571

The Merrill Foundation Inc is a private foundation, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42.2M in total assets. In 2024, it awarded 1 grants totaling $4.2M. Net investment income was $6.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$42.2M

+0.7% YoY

Annual Giving

$4.2M

-7.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4.2M

-7.9% YoY

Under IRS private-foundation payout rules, The Merrill Foundation Inc reported a distributable amount of $3.1M for 2024 — the minimum it must pay out in qualifying distributions.

About The Merrill Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $21.5M (100%)

States

Virginia

Cities

Mclean

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$42,170,031	$41,881,227	$45,144,966
Revenue	$6,710,600	$1,803,081	$3,853,167
Expenses	$4,742,207	$5,058,153	$5,233,070
Qualifying Distributions	$4,264,240	$4,614,080	$4,708,870
Net Investment Income	$6,236,528	$1,418,464	$3,380,759
Distributable Amount	$3,096,705	$2,817,370	$2,953,715

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Statement Attached ($4,200,400).

Recipient	Purpose	Amount
SEE STATEMENT ATTACHED MCLEAN, VA	SEE STATEMENT ATTACHED	$4,200,400

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NANCY MERRILL	PRESIDENT	—	$30,000
CATHERINE MERRILL WILLIAMS	DIRECTOR	—	—
DOUGLAS MERRILL	DIRECTOR	—	$30,000

Frequently Asked Questions

How large is The Merrill Foundation Inc?

As of 2024, The Merrill Foundation Inc holds $42.2M in total assets with $6.7M in annual revenue. It awarded 1 grants totaling $4.2M in 2024.

Where does The Merrill Foundation Inc operate?

The Merrill Foundation Inc has awarded grants in Virginia.

What size grants does The Merrill Foundation Inc award?

In 2024, The Merrill Foundation Inc awarded 1 grants totaling $4.2M — an average of about $4.2M per grant, based on its IRS Form 990 filings.

How much is The Merrill Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Merrill Foundation Inc reported a distributable amount of $3.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.