Private foundation · EIN 26-3035459 · Wdm, Iowa · Philanthropy & grantmaking

Merchants Bonding Company Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 186 grants paid, $469K total, median $500. 44% of grants stayed in Iowa.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
186
$469K
Median grant
$500
Stays in IA
44%
of grants
Deadline
—
Assets
$1.7M

Grants paid in 2025

Top 60 of 186 grants by amount · from Form 990-PF Part XV

RecipientPurposeAmount
Children's Cancer ConnectionDes Moines, IAProgram support$103K
Great Outdoors FoundationDes Moines, IAProgram support$30K
Make-A-Wish FoundationUrbandale, IAProgram support$30K
Mercyone Des Moines FoundationDes Moines, IAProgram support$25K
Variety - the Childrens CharityDes Moines, IAProgram support$15K
Everystep FoundationDes Moines, IAProgram support$13K
Gigi's Playhouse Des MoinesWindsor Heights, IAProgram support$11K
Dorothy's HouseDes Moines, IAProgram support$10K
Blank Children's HospitalDes Moines, IAProgram support$10K
Childserve FoundationJohnston, IAProgram support$10K
Des Moines Carousel FoundationDes Moines, IAProgram support$10K
Genesis Youth FoundationDes Moines, IAProgram support$10K
Greater Des Moines Public Art FoundationDes Moines, IAProgram support$10K
United Way of Central IowaDes Moines, IAProgram support$10K
West Des Moines Chamber of Commerce FoundationWest Des Moines, IAProgram support$7,500
Moberg GalleryDes Moines, IAProgram support$6,707
Hoyt Sherman PlaceDes Moines, IAProgram support$5,900
Blank Park ZooDes Moines, IAProgram support$5,000
Community Foundation of Greater DsmDes Moines, IAProgram support$5,000
Des Moines Performing ArtsDes Moines, IAProgram support$5,000
Greater Des Moines Botanical GardenDes Moines, IAProgram support$5,000
Horizon Science Academy Des MoinesDes Moines, IAProgram support$5,000
Pinky Swear FoundationEdina, MNProgram support$5,000
Wesley LifeJohnston, IAProgram support$5,000
Iowa College FoundationDes Moines, IAProgram support$4,500
Above Beyond CancerWest Des Moines, IAProgram support$2,500
American Heart AssociationDes Moines, IAProgram support$2,500
Boys & Girls Clubs of Central IowaDes Moines, IAProgram support$2,500
Dana-Farber Cancer InstituteArlington, MAProgram support$2,500
Des Moines Metro OperaIndianola, IAProgram support$2,500
Des Moines UniversityWest Des Moines, IAProgram support$2,500
Dmps FoundationDes Moines, IAProgram support$2,500
Easter Seals IowaDes Moines, IAProgram support$2,500
Leukemia & Lymphoma SocietyWest Des Moines, IAProgram support$2,500
Orchard PlaceDes Moines, IAProgram support$2,500
Surety Foundation theWashington, DCProgram support$2,500
Children's Cancer AssociationPortland, ORProgram support$2,476
Heritage RanchEastsound, WAProgram support$2,000
St Jude's Children HospitalMemphis, TNProgram support$1,630
Shriners Hospitals for ChildrenTampa, FLProgram support$1,500
Hope MinistriesDes Moines, IAProgram support$1,450
FIRST Tee - Central IowaClive, IAProgram support$1,250
West Des Moines Human Services Friends FoundationWest Des Moines, IAProgram support$1,200
Habitat for Humanity of Seminole Co & Greater Apopka Florida IncCasselberry, FLProgram support$1,100
New Mexico Special OlympicsAlbuquerque, NMProgram support$1,100
Best Buddies IowaDes Moines, IAProgram support$1,050
After School Arts ProgramDes Moines, IAProgram support$1,000
AgapeNashville, TNProgram support$1,000
Arizon Center for YouthPhoenix, AZProgram support$1,000
Building Bridges Across the RiverWashington, DCProgram support$1,000
Cato InstituteWashington, DCProgram support$1,000
Central Florida CouncilApopka, FLProgram support$1,000
Chase Richards FoundationEncino, CAProgram support$1,000
Construction Workforce Foundation of ColoradoCentennial, COProgram support$1,000
Des Moines Childrens MuseumWest Des Moines, IAProgram support$1,000
Down Syndrome Diagnosis NetworkStillwater, MNProgram support$1,000
Elli's HouseWest Bloomfield, MIProgram support$1,000
Families ForwardDes Moines, IAProgram support$1,000
Family Promise of Montgomery CountyConroe, TXProgram support$1,000
Fort Worth Stock Show SyndicateFort Worth, TXProgram support$1,000

By state: Iowa 81 · Arizona 10 · Minnesota 4 · Texas 9 · Florida 11 · District of Columbia 4

About this foundation

Merchants Bonding Company Foundation is a private grantmaking foundation in Wdm, Iowa, administered in care of Larry Taylor, tax-exempt since 2009. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Merchants Bonding Company Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Merchants Bonding Company Foundation give each year?

In tax year 2025 it paid $469K across 186 grants, a median of $500.

Where does Merchants Bonding Company Foundation give?

Iowa (81 grants), Arizona (10 grants), Minnesota (4 grants) and elsewhere, per its latest filing.

More foundations near Wdm that accept applications

All in Iowa
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Noble Foundationsince 1994 Wdm, IA $1.2M31 grants · 2025 $23KPreselected only $28M
Deb & Bob Pulver Foundationsince 2015 Wdm, IA $760K27 grants · 2024 $2,500Preselected only $19M
J Wesley Graham Trust Uwsince 1999 Wdm, IA $1.4M2 grants · 2025 $679KPreselected only $13M
Dan and Joanie Houston Foundationsince 2023 Wdm, IA $604K15 grants · 2025 $50KPreselected only $6.4M
Sahu Family Foundation Incsince 2002 Wdm, IA $804K2 grants · 2025 $402KPreselected only $3.8M
Jim and Marie Wood Foundationsince 1991 Wdm, IA $408K8 grants · 2025 $5,000Preselected only $3.4M
William R Higgins Jr Foundation Incsince 1973 Wdm, IA — —Yes $2.8M
McCullough Family Foundationsince 2011 Wdm, IA $120K7 grants · 2025 $5,000Yes $1.8M
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