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Nonprofit · EIN 39-1582624

MERKEL FOUNDATION INC

Tax-exempt · BROOKFIELD, WI 53045

Financials

$22.7M$2M2023$8.3M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of MERKEL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-PF$8,345,079$2,443,837$5,901,242$56,122,211$0$56,122,211
July 31, 2024990-PF$22,698,894$2,046,803$20,652,091$49,248,807$0$49,248,807
Financial details: 990-PF for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$2,862,931
Dividends
$4,847,308
Interest
$6,687
Net gain from sales of assets
$628,153

Expenses

Grants and similar amounts paid
$2,316,683
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$35,000
Disbursements for charitable purposes
$2,358,729
Excise tax on investment income
$76,200

Balance sheet and other

Total assets, start of year
$49,248,807
Total assets, end of year
$56,122,211
Total liabilities, end of year
$0
Net assets, end of year
$56,122,211
Fair market value of assets
$73,329,707
Qualifying distributions
$2,358,729
Net investment income
$5,482,148

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CAROL L GARCES
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
PRESIDENT/DIRECTOR0.1$0
SANDRA J BENZ
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/SECRETARY/DIRECTOR0.2$0
RANDY T BENZ
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/TREASURER/DIRECTOR9.5$0
CARLOS M GARCES
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/DIRECTOR0.1$0
990-PF for the year ended July 31, 2024: 5 people
NameTitleHours / weekCompensation
CAROL L GARCES
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
PRESIDENT/DIRECTOR0.1$0
SANDRA J BENZ
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/SECRETARY/DIRECTOR0.2$0
DIANE M KNOLL
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/DIRECTOR0$0
RANDY T BENZ
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/TREASURER/DIRECTOR7.5$0
CARLOS M GARCES
3465 MUIRWOOD DR, BROOKFIELD, WI 53045
VICE PRESIDENT/DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
3465 MUIRWOOD DR, BROOKFIELD, WI 53045-5107
Signed the 990-PF
RANDY T BENZ, VICE PRES/TREASURER
Phone
(262) 227-9357
Return prepared by
GODFREY & KAHN SC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-PF on file
2023July 31, 2024December 16, 2024990-PF on file

IRS record

EIN
39-1582624
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1988
Accounting year ends
July
Files
Form 990-PF
Assets (IRS master file)
$56,122,211
Income (IRS master file)
$11,469,957

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJuly 2025$8,345,079$2,443,837$56,122,211XML
990-PFJuly 2024$22,698,894$2,046,803$49,248,807XML
990-PFJuly 2023–––IRS
990-PFJuly 2022–––IRS
990-PFJuly 2021–––IRS
990-TJuly 2021–––IRS
990-PFJuly 2019–––IRS
990-PFJuly 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1582624).

Questions about MERKEL FOUNDATION INC

What is the EIN of MERKEL FOUNDATION INC?
The employer identification number (EIN) of MERKEL FOUNDATION INC is 39-1582624.
Is MERKEL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to MERKEL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MERKEL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MERKEL FOUNDATION INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MERKEL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended July 2025.
Who are the officers and directors of MERKEL FOUNDATION INC?
The 990-PF for the year ended July 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MERKEL FOUNDATION INC have?
On its 990-PF for the year ended July 31, 2025 it reported revenue of $8,345,079, expenses of $2,443,837 and total assets of $56,122,211 at year end.

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