Private Foundation

MERIT FOUNDATION

Based in MOUNT PROSPECT, IL, MERIT FOUNDATION operates as a Private Foundation. The organization reported $232K in revenue, $116K in expenses, $1.5M in total assets for fiscal year 2025. Imperigo tracks 207 reported grants from this foundation totaling approximately $459K.

EIN: 364156727 MOUNT PROSPECT, IL Latest filing: 2025

Total Revenue$232K

Total Expenses$116K

Total Assets$1.5M

Grants Given207

Grant Total$459K

Filing Years2021–2025

Sample Grants Given

FOUNDATION FOR THE MOUNT PROSPECT PUBLIC LIBRARY

MOUNT PROSPECT, IL · 2025

CHARITABLE

$5,200

MENTAL HEALTH AMERICA INC

ALEXANDRIA, VA · 2025

CHARITABLE

$5,200

LAFAYETTE COLLEGE

EASTON, PA · 2025

EDUCATION

$5,200

GAY & LESBIAN ALLIANCE AGAINST DEFAMATION

PASADENA, CA · 2025

CHARITABLE

$5,200

ROMAN CATHOLIC DIOCESE OF MADISON INC

MADISON, WI · 2025

RELIGIOUS

$4,200

Showing up to 5 of 207 total records — full history available with membership.

Officers & Directors

JUNIOR DIRECTOR Adam Frucht

DIRECTOR Andrew Frucht

DIRECTOR Anna Frucht

DIRECTOR Annemarie Johnson

TREASURER Brenda Frucht

SECRETARY Brian Cantoni

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE

$167,550 81 grants

EDUCATION

$135,600 39 grants

RELIGIOUS

$97,200 40 grants

SCIENTIFIC

$29,450 25 grants

RECREATIONAL

$21,700 10 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$232K	$116K	$1.5M
2024	$231K	$107K	$1.4M
2023	$119K	$91K	$1.4M
2022	$183K	$89K	$1.4M
2021	$481K	$67K	$1.4M

Between 2021 and 2025, reported annual revenue declined from $481K to $232K (-52%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, GA, HI, IL, IN, and 4 other states.

AZCAGAHIILINMAMDMIMN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MERIT FOUNDATION

Complete financials, all 207 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports