Private Foundation

MERCHANT FOUNDATION OF IOWA

MERCHANT FOUNDATION OF IOWA, of WEST DES MOINES, IA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $35K in revenue, $36K in expenses, $1K in total assets. IRS filings disclose 58 grants awarded by this foundation, totaling roughly $326K.

EIN: 473509282 WEST DES MOINES, IA Latest filing: 2024

Total Revenue$35K

Total Expenses$36K

Total Assets$1K

Grants Given58

Grant Total$326K

Filing Years2019–2024

Sample Grants Given

THE WORLD FOOD PRIZE FOUNDATION

DES MOINES, IA · 2024

RESEARCH

$10,000

DMACC FOUNDATION

ANKENY, IA · 2024

EDUCATION

$10,000

DES MOINES UNIVERSITY

DES MOINES, IA · 2024

EDUCATION

$10,000

SEGHAL FOUNDATION

DES MOINES, IA · 2024

EDUCATION ANDHUMAN DEV

$2,000

UNITED PAKISTAN PARADE

DES MOINES, IA · 2024

ART & EDUCATION

$1,500

Showing up to 5 of 58 total records — full history available with membership.

Officers & Directors

DIRECTOR Kashaan S Merchant

DIRECTOR Shahbaz A Merchant

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education

$189,650 23 grants

Research

$48,500 7 grants

Local Cause

$27,400 10 grants

EDUCATION

$20,000 2 grants

Medical

$16,000 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$35K	$36K	$1K
2023	$35K	$57K	$2K
2022	$40K	$67K	$23K
2020	$61K	$34K	$28K
2019	$38K	$48K	$1K

Between 2019 and 2024, reported annual revenue declined from $38K to $35K (-8%), with total assets most recently reported at $1K.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, FL, IA, IL, MN, NY, and 1 other state.

CAFLIAILMNNYVA

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

See the full picture for MERCHANT FOUNDATION OF IOWA

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