Merchant Foundation of Iowa
Accepts applications
Merchant Foundation of Iowa is a private foundation in West Des Moines, Iowa. In tax year 2024 it gave $35,500 in 7 grants; the typical grant was $2,000 and the largest $10,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$35,500
- Number of grants7
- Typical grant$2,000
- Largest grant$10,000
- Assets$0
- New grantees57%
Giving in 2024 was down from $56,700 the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $56,700 | 11 | $0 |
| 2024 | $35,500 | 7 | $0 |
How to apply
| Contact | Shahbaz A Merchant 2222 Grand Ave, Des Moines, IA 50312-5339 |
|---|---|
| Phone or email | (515) 255-5124, miaccounts@yahoo.com |
| What to submit | Letter addressed to Mr. Shahbaz A Merchant |
What Merchant Foundation of Iowa funds
Where it gives
Its grants went to recipients in 2 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 6 | $34,500 |
| Illinois | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Dmacc Foundation | Education | $10,000 |
| The World Food Prize Foundation | Research | $10,000 |
| Des Moines University | Education | $10,000 |
| Seghal Foundation | Education andhuman dev | $2,000 |
| United Pakistan Parade | Art & education | $1,500 |
| Human Development Foundation | Human development | $1,000 |
| Greater Des Moines Committee | Art and education | $1,000 |
Officers and trustees
- Shahbaz A Merchant
- Kashaan S Merchant
Questions people ask
Does Merchant Foundation of Iowa accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Merchant Foundation of Iowa give?
$35,500 in tax year 2024, across 7 grants, with a typical grant of $2,000.
Who runs Merchant Foundation of Iowa?
Its 2024 filing lists Shahbaz A Merchant (Director) and Kashaan S Merchant (Director).
What does Merchant Foundation of Iowa fund?
Based on its grants, mainly education and arts and culture.