Mission
THE MERCHANTS FUND PROVIDES GRANTS AND OTHER SUPPORT TO MERCHANTS AND SMALL BUSINESSES IN PHILADELPHIA.
Public Charity
The Merchants Fund of Philadelphia
The Merchants Fund of Philadelphia, of Philadelphia, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.2M in revenue, $2.3M in expenses, $20.0M in total assets. IRS filings disclose 942 grants awarded by this foundation, totaling roughly $9.2M.
EIN: 231584975
Philadelphia, PA
Philanthropy, Charity & Voluntarism Promotion
NTEE: T50
Latest filing: 2025
Total Revenue$2.2M
Total Expenses$2.3M
Total Assets$20.0M
Grants Given942
Grant Total$9.2M
Filing Years2020–2025
Where $100 goes at The Merchants Fund of Philadelphia
How The Merchants Fund of Philadelphia divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$86
Programs
the work itself
$11
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $86 for programs
$86
Make direct grants to businesses, supporting retired merchants through our legacy program, and offering "beyond the grant" services that provide coaching and other business support services
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to The Merchants Fund of Philadelphia
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
PLANT AND PEOPLE
EMERGENCY
$26,100
COFFEE TEA & COMPANY
DISCRETIONARY
$22,500
AFFORDABLE LEGAL CENTER LLC
EMERGENCY
$20,000
ANGRY ROOSTER LLC
EMERGENCY
$20,000
ARTRAGEOUS BRUSH & FLOW
EMERGENCY
$20,000
Showing up to 5 of 942 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Adnan Zulfiqar
BOARD MEMBER
Ana Lisa Yoder
BOARD MEMBER
Bruce Hotaling
TREASURER
Carey Morgan
BOARD MEMBER
Elbert Sampson
BOARD MEMBER
James Johnson-Piett
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.2M | $2.3M | $20.0M |
| 2024 | $1.8M | $1.1M | $18.2M |
| 2023 | $1.6M | $1.8M | $16.2M |
| 2022 | $541K | $1.1M | $14.3M |
| 2020 | $1.9M | $2.3M | $16.7M |
Between 2020 and 2025, reported annual revenue grew from $1.9M to $2.2M (+14%), with total assets most recently reported at $20.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NY, PA.
NYPA
Full geographic grant map with state-by-state breakdown available with membership.