Private Foundation

MERIT FOUNDATION

Based in MOUNT PROSPECT, IL, MERIT FOUNDATION operates as a Private Foundation. The organization reported $231K in revenue, $107K in expenses, $1.4M in total assets for fiscal year 2024. Imperigo tracks 180 reported grants from this foundation totaling approximately $400K.

EIN: 364156727 MOUNT PROSPECT, IL Latest filing: 2024

Total Revenue$231K

Total Expenses$107K

Total Assets$1.4M

Grants Given180

Grant Total$400K

Filing Years2020–2024

Sample Grants Given

HOLY CROSS LUTHERAN CHURCH

WHEATON, IL · 2024

RELIGIOUS

$7,500

HOLY CROSS LUTHERAN CHURCH

WHEATON, IL · 2024

RELIGIOUS

$7,500

LAFAYETTE COLLEGE

EASTON, PA · 2024

EDUCATION

$7,000

GOOD SHEPHERD LUTHERAN CHURCH

HERNDON, VA · 2024

RELIGIOUS

$7,000

MENTAL HEALTH AMERICA INC

ALEXANDRIA, VA · 2024

CHARITABLE

$7,000

Showing up to 5 of 180 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

$135,550 66 grants

EDUCATION

$120,500 34 grants

RELIGIOUS

$88,300 37 grants

SCIENTIFIC

$27,750 23 grants

RECREATIONAL

$20,700 9 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$231K	$107K	$1.4M
2023	$119K	$91K	$1.4M
2022	$183K	$89K	$1.4M
2021	$481K	$67K	$1.4M
2020	$190K	$41K	$1.0M

Between 2020 and 2024, reported annual revenue grew from $190K to $231K (+21%), with total assets most recently reported at $1.4M.

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.

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

See the full picture for MERIT FOUNDATION

Complete financials, all 180 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