Merck Company Foundation

Rahway, NJ
Tax-exempt since March 1959
EIN: 22-6028476

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$45.4M (2024)

Expenses

$26.4M (2024)

Total Assets

$328M (2024)

Total Liabilities

$227k (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$45,354,708

Expenses

$26,363,826

Net Income

$18,990,882

Net Assets

$328,032,770

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,350,367	11.8%
Dividends	$1,340,600	3.0%
Sales of Assets	$0
Other Income	$38,663,741	85.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$26,035,883	98.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$328,259,324
Total Liabilities	$226,554
Net Assets	$328,032,770

Compensation

Key Employees and Officers	Compensation	Other
Zachary Jennifer (Chairperson Of The Board)	$0	$0
Grez Kelly E W (Secretary)	$0	$0
Allison Goldberg (President)	$0	$0
Dillane Timothy (Assistant Treasurer)	$0	$0
Ettelman Karen (Assistant Secretary)	$0	$0
Filderman Jon (Vice President)	$0	$0
Gary Henningsen (Vice President Tax)	$0	$0
Hardy Leslie (Executive Vice President)	$0	$0
Lee Juanita (Treasurer)	$0	$0
Rosenberg Aaron (Treasurer)	$0	$0
Swartwood Robert (Assistant Treasurer)	$0	$0
Wildasin Anthony (Assistant Secretary)	$0	$0
Carmen Villar (Chief Executive Offi)	$0	$0

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990-PF

Filed on May 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$17,266,335

Expenses

$26,068,342

Net Income

-$8,802,007

Net Assets

$309,041,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,090,830	35.3%
Dividends	$1,333,492	7.7%
Sales of Assets	$0
Other Income	$9,842,013	57.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,713,126	98.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$316,231,990
Total Liabilities	$7,190,103
Net Assets	$309,041,887

Compensation

Key Employees and Officers	Compensation	Other
Zachary Jennifer (Chairperson Of The Board)	$0	$0
Grez Kelly E W (Secretary)	$0	$0
Allison Goldberg (President)	$0	$0
Dillane Timothy (Assistant Treasurer)	$0	$0
Ettelman Karen (Assistant Secretary)	$0	$0
Filderman Jon (Vice President)	$0	$0
Gary Henningsen (Vice President Tax)	$0	$0
Hardy Leslie (Executive Vice President)	$0	$0
Lee Juanita (Treasurer)	$0	$0
Rosenberg Aaron (Treasurer)	$0	$0
Swartwood Robert (Assistant Treasurer)	$0	$0
Wildasin Anthony (Assistant Secretary)	$0	$0
Carmen Villar (Chief Executive Offi)	$0	$0

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990-PF

Filed on Nov. 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

-$21,982,603

Expenses

$23,413,935

Net Income

-$45,396,538

Net Assets

$317,843,894

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,550,778
Dividends	$0
Sales of Assets	$0
Other Income	-$24,533,381

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,171,312	99.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$321,475,454
Total Liabilities	$3,631,560
Net Assets	$317,843,894

Compensation

Key Employees and Officers	Compensation	Other
Zachary Jennifer (Chairperson Of The Board)	$0	$0
Grez Kelly E W (Secretary)	$0	$0
Allison Goldberg (President)	$0	$0
Dillane Timothy (Assistant Treasurer)	$0	$0
Ettelman Karen (Assistant Secretary)	$0	$0
Filderman Jon (Vice President)	$0	$0
Gary Henningsen (Vice President Tax)	$0	$0
Hardy Leslie (Executive Vice President)	$0	$0
Lee Juanita (Treasurer)	$0	$0
Rosenberg Aaron (Treasurer)	$0	$0
Swartwood Robert (Assistant Treasurer)	$0	$0
Wildasin Anthony (Assistant Secretary)	$0	$0

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990-PF

Filed on Nov. 13, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$118,148,157

Expenses

$25,204,054

Net Income

$92,944,103

Net Assets

$363,240,431

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,106,526	84.7%
Interest Revenue	$1,934,720	1.6%
Dividends	$0
Sales of Assets	$0
Other Income	$16,106,911	13.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,909,450	98.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$367,230,219
Total Liabilities	$3,989,788
Net Assets	$363,240,431

Compensation

Key Employees and Officers	Compensation	Other
Villar Carmen (Chief Exec. Officer)	$0	$0
Hardy Leslie (Exec. Vice President)	$0	$0
Jerome Mychalowych (Vice President Tax)	$0	$0
Litchfield Caroline (Treasurer)	$0	$0
Dillane Timothy (Assistant Treasurer)	$0	$0
Schwartz Michael G (Assistant Treasurer)	$0	$0
Filderman Jon (Secretary)	$0	$0
Goldberg Allison (President)	$0	$0
Gerberding Julie (Vice Chairman Of The Board)	$0	$0
Zachary Jennifer (Chairperson Of The Board)	$0	$0
Grez Kelly E W (Assistant Secretary)	$0	$0

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990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$19,794,513

Expenses

$28,749,250

Net Income

-$8,954,737

Net Assets

$270,296,329

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,450,640	12.4%
Dividends	$0
Sales of Assets	$0
Other Income	$17,343,873	87.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,245,894	98.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$280,865,875
Total Liabilities	$10,569,546
Net Assets	$270,296,329

Compensation

Key Employees and Officers	Compensation	Other
Villar Carmen (Chief Exec. Officer)	$0	$0
Colatrella Brenda D (President)	$0	$0
Hardy Leslie (Exec. Vice President)	$0	$0
Jerome Mychalowych (Vice President Tax)	$0	$0
Litchfield Caroline (Treasurer)	$0	$0
Dillane Timothy (Assistant Treasurer)	$0	$0
Schwartz Michael G (Assistant Treasurer)	$0	$0
Filderman Jon (Secretary)	$0	$0
Brown Faye C (Assistant Secretary)	$0	$0

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990-PF

Filed on Nov. 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$15,740,060

Expenses

$22,857,815

Net Income

-$7,117,755

Net Assets

$279,251,065

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,626,085	42.1%
Interest Revenue	$3,568,866	22.7%
Dividends	$92,133	0.6%
Sales of Assets	$0
Other Income	$5,452,976	34.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,332,546	97.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$279,924,677
Total Liabilities	$673,612
Net Assets	$279,251,065

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2015

Revenue

$138,717,128

Expenses

$26,431,194

Net Income

$112,285,934

Net Assets

$278,199,310

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$131,705,234	94.9%
Interest Revenue	$1,424,056	1.0%
Dividends	$1,626,053	1.2%
Sales of Assets	$0
Other Income	$3,961,785	2.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,072,526	94.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$292,619,327
Total Liabilities	$14,420,017
Net Assets	$278,199,310

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$27,864,076

Expenses

$33,352,496

Net Income

-$5,488,420

Net Assets

$160,018,908

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$21,109,291	75.8%
Interest Revenue	$373,381	1.3%
Dividends	$1,487,856	5.3%
Sales of Assets	$0
Other Income	$4,893,548	17.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,112,674	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$175,387,468
Total Liabilities	$15,368,560
Net Assets	$160,018,908

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$8,547,549

Expenses

$44,227,356

Net Income

-$35,679,807

Net Assets

$169,947,877

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$38,253	0.4%
Dividends	$2,092,411	24.5%
Sales of Assets	$0
Other Income	$6,416,885	75.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,984,916	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$172,067,130
Total Liabilities	$2,119,253
Net Assets	$169,947,877

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$8,475,326

Expenses

$44,404,813

Net Income

-$35,929,487

Net Assets

$208,293,906

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18,270	0.2%
Dividends	$3,865,868	45.6%
Sales of Assets	$0
Other Income	$4,591,188	54.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$44,123,823	99.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$211,572,454
Total Liabilities	$3,278,548
Net Assets	$208,293,906

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$8,700,095

Expenses

$54,039,379

Net Income

-$45,339,284

Net Assets

$243,468,839

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$20,896	0.2%
Dividends	$4,238,116	48.7%
Sales of Assets	$0
Other Income	$4,441,083	51.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,793,890	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$244,058,282
Total Liabilities	$589,443
Net Assets	$243,468,839

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Merck Company Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $45.4M (2024)

Expenses $26.4M (2024)

Total Assets $328M (2024)

Total Liabilities $227k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Document Links

Revenue

$45.4M (2024)

Expenses

$26.4M (2024)

Total Assets

$328M (2024)

Total Liabilities

$227k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001