The Merwin Foundation Inc
EIN 371401906Total Given 2016–2017
$195K
12 grants · $98K avg/year
based on 2 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$10K
typical small grants · $5K–$14K
grant size
50%
supporter · 4/8 multi-year
repeat
$3K
Assets (2017)
8
Distinct Recipients
About
THE MERWIN FOUNDATION, INC. FOR ADMINISTRATION REASONS, DECIDED TO REORGANIZE FROM A CORPORATE ENTITY TO A NONCORPORATE TRUST ENTITY. THE NEW TRUST, "THE MERWIN FOUNDATION" EIN 36-7699613 WAS ESTABLISHED AND RECEIVED THE EFFECTIVE DATE OF EXEMPTION FROM THE INTERNAL REVENUE SERVICE ON 5/9/17. ON DECEMBER 28, 2017, MULTIPLE EQUITIES WERE TRANSFERRED TO THE NEW TRUST WITH A FAIR MARKET VALUE OF 4,852,423.32. ON DECEMBER 29, 2017, CASH IN THE AMOUNT OF 662,172 WAS ALSO TRANSFERRED TO THE NEW TRUST. ASSETS WITH A FAIR MARKET VALUE OF 3,447.83 REMAIN IN THE CORPORATION AT DECEMBER 31, 2017. THESE ASSETS WILL BE TRANSFERRED TO THE NEW TRUST IN 2018 AND THE CORPORATION WILL FILE A FINAL 2018 FORM 990-PF RETURN.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(309) 664-2135
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $110K | $2.6M | $213K | 6 |
| 2017 | $85K | $3K | $2.5M | 6 |
Grant Size Distribution
Based on 12 grants on record
Minimum
$5K
25th Pctl
$5K
Median
$10K
Average
$16K
75th Pctl
$14K
Maximum
$50K
Geographic Distribution
Officers & Directors
SM
Sharon Merwin
President
Leadership
LR
Laura Reardon
Vice-President
Leadership
GF
Guy C Fraker
Sec/Treasurer
Leadership
SM
Sharon Merwin
President
Leadership
LR
Laura Reardon
Vice-President
Leadership
GF
Guy C Fraker
Sec/Treasurer
Leadership
Grants Awarded (12 total)
| Purpose | ||||
|---|---|---|---|---|
| Illinois Wesleyan University | Bloomington, IL | $50,000 | PAYMENT FOR THE EVELYN CHAPEL | 2016 |
| Illinois Wesleyan University | Bloomington, IL | $50,000 | PAYMENT FOR THE EVELYN CHAPEL | 2017 |
| McLean County Museum of History | Bloomington, IL | $25,000 | EXTENDING EXCELLENCE CAMPAIGN | 2016 |
| Cornell University | Ithaca, NY | $10,000 | LAB OF ORNITHOLOGY | 2016 |
| Harvard College Fund | Cambridge, MA | $10,000 | COLLEGE AND FACULTY OF ARTS/SCIENCES | 2016 |
| Community Healthcare Clinic | Normal, IL | $10,000 | EXPANSION PROJECT | 2016 |
| McLean County Museum of History | Bloomington, IL | $10,000 | EXTENDING EXCELLENCE CAMPAIGN | 2017 |
| Parklands Foundation | Normal, IL | $10,000 | PRESERVING NATURAL LANDS | 2017 |
| Parklands Foundation | Normal, IL | $5,000 | PRESERVING NATURAL LANDS | 2016 |
| Community Healthcare Clinic | Normal, IL | $5,000 | EXPANSION PROJECT | 2017 |
| The Baby Fold | Normal, IL | $5,000 | TO HELP KIDS AND FAMILIES | 2017 |
| Ymca | Bloomington, IL | $5,000 | EDUCATION PROGRAMS | 2017 |