Merit Foundation
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A private foundation based in Mount Prospect, IL. It reported about $232K in revenue for 2025. For fiscal year 2025 it reported $232K in revenue, $116K in expenses, and $1.5M in net assets.Pt I
Who They Fund
Grantmaking Profile
Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Rebecca Johnson | $300 | $300 |
| Lauren B Cantoni | $300 | $300 |
| Stephen Frucht | $300 | $300 |
| Andrew Frucht | $300 | $300 |
| Annemarie Johnson | $300 | $300 |
| James Frucht | $300 | $300 |
| Katherine Frucht | $300 | $300 |
| Nathaniel Frucht | $300 | $300 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
Names, privacy, and removal requests More
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