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    3. La Merced Charitable Trust

    La Merced Charitable Trust

    ActivePublic CharityHousing & Shelter
    BROWNSVILLE, TXEIN: 74-16179051 filings on record
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    About La Merced Charitable Trust

    La Merced Charitable Trust makes concentrated, mission-driven grants to Catholic institutional life in the Rio Grande Valley. Its entire reported giving is a single, large award to the Catholic Foundation of the Rio Grande Valley, indicating a focus on supporting diocesan infrastructure, ministries, and regional Catholic charitable work in and around Brownsville, TX.

    Focus Areas

    Catholic diocesan infrastructure and endowment support in the Rio Grande ValleyFunding for regional Catholic social services and charitable programs (e.g., immigrant/refugee assistance, food and basic needs)Support for Catholic education and parish ministries in Brownsville and surrounding communitiesCapital or unrestricted operating support to a regional Catholic foundation

    Who They Fund

    low-income familiesmoderate-income familieshouseholds with children / family households

    Giving Approach

    Highly concentrated: a single, large grant to one regional Catholic foundation rather than multiple small grants; suggests strategic, potentially multi-year or endowment-style funding to a core institutional partner.

    Financial Snapshot

    Annual Giving

    $4.9M

    Total Assets

    $813K

    Total Revenue

    $4.5M

    Total Expenses

    $5.6M

    Typical Grant Size

    Most grants fall between $4.9M and $4.9M, with a median of $4.9M.

    25th Percentile

    $4.9M

    Median

    $4.9M

    75th Percentile

    $4.9M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in TX.

    Funding intensity
    Low
    High
    Headquarters

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    Funding Style

    direct service / service deliverycapital development / real estate investmentproject-based grantslong-term affordability preservation

    Notable grantees: Catholic Foundation of the Rio Grande Valley

    Topics

    affordable rental housing developmenthome rehabilitation / preservationrental assistance / subsidy supportfamily housing (multi-bedroom units)housing finance for low- and moderate-income households
    Latest 990 Filing

    2023

    Source: IRS Form 990-PF, fiscal year 2023.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    CATHOLIC FOUNDATION OF THE RIO GRANDE VALLEYBROWNSVILLE, TX$4,926,1422023GENERAL SUPPORT

    CATHOLIC FOUNDATION OF THE RIO GRANDE VALLEY

    $4,926,142
    BROWNSVILLE, TX2023

    GENERAL SUPPORT