Before you apply to The Mercantile Bank Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Private Foundation
THE MERCANTILE BANK FOUNDATION
THE MERCANTILE BANK FOUNDATION, of GRAND RAPIDS, MI, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.3M in revenue, $346K in expenses, $8.4M in total assets. IRS filings disclose 361 grants awarded by this foundation, totaling roughly $1.1M.
EIN: 874152774
GRAND RAPIDS, MI
Corporate Foundations
NTEE: T21
Latest filing: 2025
Total Revenue$1.3M
Total Expenses$346K
Total Assets$8.4M
Grants Given361
Grant Total$1.1M
Filing Years2021–2025
Sample Grants Given
MEL TROTTER MINISTRIES
IMMEASURABLY MORE TINY HOME CAMPAIGN - GENERAL SUPPORT
$25,000
AMERICAN HEART ASSOCIATION
FUNDING FOR SMALL-SCALE.
$23,000
HABITAT FOR HUMANITY OF KENT COUNTY
IMAGINE CAMPAIGN - GENERAL SUPPORT
$20,500
BBB EDUCATIONAL FOUNDATION
2025 PROGRAM SPONSORSHIP
$10,000
CHERRY HEALTH FOUNDATION
HEALTH LEADER SPONSORSHIP
$10,000
Showing up to 5 of 361 total records — full history available with membership.
Officers & Directors
TREASURER
Charles Christmas
DIRECTOR
Doug Holtrop
DIRECTOR
Janina Kreider
DIRECTOR
Justin Karl
PRESIDENT
Ray Reitsma
SECRETARY
Scott Setlock
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.3M | $346K | $8.4M |
| 2024 | $1.9M | $176K | $7.4M |
| 2023 | $806K | $554K | $5.7M |
| 2022 | $1.6M | $134K | $5.5M |
| 2021 | $4.0M | $20K | $4.0M |
Between 2021 and 2025, reported annual revenue declined from $4.0M to $1.3M (-67%), with total assets most recently reported at $8.4M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in DC, MD, MI, MN, NC, NE, and 3 other states.
DCMDMIMNNCNEOHTXVA
Full geographic grant map with state-by-state breakdown available with membership.