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 2024 filing shows $1.8M in revenue, $1.1M in expenses, $18.2M in total assets. IRS filings disclose 838 grants awarded by this foundation, totaling roughly $7.8M.
EIN: 231584975
Philadelphia, PA
Philanthropy, Charity & Voluntarism Promotion
NTEE: T50
Latest filing: 2024
Total Revenue$1.8M
Total Expenses$1.1M
Total Assets$18.2M
Grants Given838
Grant Total$7.8M
Filing Years2019–2024
Sample Grants Given
New Zhong Gang Bakery Inc
Emergency
$20,000
Hayaa Boutiquee LLC
Emergency
$20,000
Rybread Too Inc dba Rybrew
Emergency
$15,000
El Fogon Latino Restaurant
Emergency
$12,668
ROCKY PHILLY 21 LLC
Emergency
$12,000
Showing up to 5 of 838 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Adnan Zulfiqar
VICE PRESIDENT
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 |
|---|---|---|---|
| 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 |
| 2019 | $2.9M | $671K | $16.2M |
Between 2019 and 2024, reported annual revenue declined from $2.9M to $1.8M (-35%), with total assets most recently reported at $18.2M.
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.