The Merali Foundation
RAPID CITY, SD EIN: 26-0875013
Financial Overview
From 2023 IRS Form 990-PF
Total Assets
$7.0M
-2.0% YoY
Annual Giving
$298K
+39.9% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$99K
+86.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $7,020,650 | $7,163,536 | $7,085,620 |
| Revenue | $237,469 | $206,329 | $257,587 |
| Expenses | $390,780 | $300,721 | $418,311 |
| Qualifying Distributions | $341,407 | $256,368 | $346,426 |
| Net Investment Income | $188,096 | $161,976 | $185,703 |
| Distributable Amount | $325,262 | $316,875 | $366,512 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Merali Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARIM MERALI | PRESIDENT | 5 | — |
| MEHDI MERALI | VICE PRESIDENT & DIRECTOR | 30 | $40,000 |
| AZIM MERALI | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
California $877K (93%)
Minnesota $63K (7%)
States
Cities
HamelLong BeachMountain ViewSan Francisco
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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