EIN 23-1584975

The Merchants Fund of Philadelphia

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
1854
Most recent tax filings
2023-12-01
NTEE code, primary
Z99: Unknown
Description
The Merchants Fund provides grants and other support to Merchants and small businesses in Philadelphia. To provide grants and other support to Merchants and small businesses in Philadelphia. To provide financial assistance to current Merchants in Philadelphia.
Total revenues
$1,632,137
2023
Total expenses
$1,771,946
2023
Total assets
$16,227,053
2023
Num. employees
2
2023

Program areas at The Merchants Fund of Philadelphia

Make direct grants to businesses, supporting retired Merchants through our legacy program, and offering "beyond The grant" services that provide coaching and other business support services.
Funds received to provide additional grants
Fees received to administer program income and contributions
Other income to offset expenses

Grants made by The Merchants Fund of Philadelphia

GranteeGrant descriptionAmount
Fairmount Community Development CorporationSpecial Group$10,000

Who funds The Merchants Fund of Philadelphia

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Elkin Lewis Fund TWGeneral Operating$320,000
RSF Social Finance (RSF)For Urbane Development (James Johnson Piett) for Bii Cohort Participatory Grantmaking Pool$135,000
Geddes Carries Decd T WGeneral Operating$16,567
...and 2 more grants received

Personnel at The Merchants Fund of Philadelphia

NameTitleCompensation
Jill FinkExecutive Director$147,356
Peter GonzalesBoard President$0
Samantha PorterBoard Secretary$0
Ana Lisa YoderBoard Vice President$0
Carey MorganBoard Treasurer$0

Financials for The Merchants Fund of Philadelphia

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,191,325
Program services$0
Investment income and dividends$440,812
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,632,137

Form 990s for The Merchants Fund of Philadelphia

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-12990View PDF
2022-122023-10-19990View PDF
2021-122022-12-01990View PDF
2020-122022-08-19990PFView PDF
2020-122021-08-18990PFView PDF
...and 9 more Form 990s

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OrganizationLocationRevenue
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Orangevale Community FoundationOrangevale, CA$2,331,446
Our Fund FoundationWilton Manors, FL$6,032,403
Lincoln Court Apartments Housing Delelopment FundBinghamton, NY$449,552
Salem Health and Wellness FoundationPenns Grove, NJ$1,915,172
Martha's Vineyard Community FoundationWest Tisbury, MA$2,778,189
North Dakota Natural Resources Trust (NDNRT)Bismarck, ND$7,843,780
Cabell Huntington Hospital FoundationHuntington, WV$3,408,656
East Palo Alto Academy FoundationPalo Alto, CA$1,815,115
The Ayers Foundation TrustParsons, TN$1,517,174
Data update history
August 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 11, 2024
Updated personnel
Identified 2 new personnel
July 11, 2024
Received grants
Identified 1 new grant, including a grant for $320,000 from Elkin Lewis Fund TW
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $135,000 from RSF Social Finance (RSF)
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1617 John F Kennedy Blvd 2042
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
merchantsfund.org/ 
Phone
(215) 399-1339
IRS details
EIN
23-1584975
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1854
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Z99: Z99
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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