Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
MERANCAS FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 615 SOUTH COLLEGE ST 9TH FLOOR
  Room/suite
City or town
CHARLOTTE
State or province
NC
Country  
ZIP or foreign postal code
28202
A Employer identification number

56-1677733
B Telephone number (see instructions)

9802371386
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$345,869,168J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 664 664  
4 Dividends and interest from securities... 1,935,048 1,935,048  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 36,191,543
b Gross sales price for all assets on line 6a 95,264,183
7 Capital gain net income (from Part IV, line 2)... 36,191,543
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
69,610 69,610  
12 Total. Add lines 1 through 11........ 38,196,865 38,196,865  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 336,733      
14 Other employee salaries and wages...... 280,659      
15 Pension plans, employee benefits....... 107,146      
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,800      
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
134,422      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
366,885 28,928    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 110,172      
21 Travel, conferences, and meetings....... 21,494      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
248,322 71,966    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,610,633 100,894   0
25 Contributions, gifts, grants paid....... 16,238,472 16,238,472
26 Total expenses and disbursements. Add lines 24 and 25 ................ 17,849,105 100,894   16,238,472
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,347,760
b Net investment income (if negative, enter -0-) 38,095,971
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 14,026,208 13,938,038 13,938,038
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 130,304,657 Click to see attachment
List of Attached Documents:
// Content
147,346,743 		318,788,843
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,750,538 Click to see attachment
List of Attached Documents:
// Content
13,142,287 		13,142,287
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 154,081,403 174,427,068 345,869,168
Liabilities 17 Accounts payable and accrued expenses.......... 3,380 3,977
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 3,380 3,977
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 154,078,023 174,423,091
29 Total net assets or fund balances (see instructions)..... 154,078,023 174,423,091
30 Total liabilities and net assets/fund balances (see instructions). 154,081,403 174,427,068
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
154,078,023
2
Enter amount from Part I, line 27a .....................
2
20,347,760
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
4,048
4
Add lines 1, 2, and 3 ..........................
4
174,429,831
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
6,740
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
174,423,091
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES (0882) P    
b PUBLICLY TRADED SECURITIES (0882) P    
c PUBLICLY TRADED SECURITIES (1606) P    
d PUBLICLY TRADED SECURITIES (1606) P    
e PUBLICLY TRADED SECURITIES (3622) P    
PUBLICLY TRADED SECURITIES (3622) P    
PUBLICLY TRADED SECURITIES (4799) P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,818,438   1,984,714 -166,276
b 4,113,198   1,829,348 2,283,850
c 3,035,887   3,574,492 -538,605
d 15,540,718   7,855,176 7,685,542
e 14,694,071   16,026,129 -1,332,058
56,027,290   27,768,869 28,258,421
34,581   33,912 669
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -166,276
b       2,283,850
c       -538,605
d       7,685,542
e       -1,332,058
      28,258,421
      669
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 36,191,543
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3 -2,036,270
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 529,534
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 529,534
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 529,534
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 209,841
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 209,841
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 319,693
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressWWW.MERANCAS.ORG
14
The books are in care ofANTHONY A MERMANS Telephone no. (980) 237-1386

Located at615 SOUTH COLLEGE ST 9TH FLOORCHARLOTTENC ZIP+428202
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ANTHONY A MERMANS PRESIDENT &
40.00 		336,733 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
JENNIFER E MERMANS VICE CHAIR
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
NICOLE VEZENEGHO TREASURER
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
BRYAN K MERMANS SECRETARY
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
JOHANNA K MERMANS ASST SECRETA
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
ROBIN B MERMANS DIRECTOR
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
ROBIN M MERMANS DIRECTOR
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
SAMUEL VEZENEGHO DIRECTOR
1.00 		0 0 0
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
DEEPA NAIK PHILANTHROPY
40.00 		180,976    
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
JULIA S BARNES EMPLOYEE
40.00 		66,350    
615 S COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
328,178,386
b
Average of monthly cash balances.......................
1b
3,896,937
c
Fair market value of all other assets (see instructions)................
1c
11,364,621
d
Total (add lines 1a, 1b, and 1c).......................
1d
343,439,944
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
343,439,944
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,151,599
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
338,288,345
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
16,914,417
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
16,914,417
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
529,534
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
529,534
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
16,384,883
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
16,384,883
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
16,384,883
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
16,238,472
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
16,238,472
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 16,384,883
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 4,126,989
b From 2021......  
c From 2022...... 4,903,970
d From 2023...... 4,867,912
e From 2024...... 3,220,843
f Total of lines 3a through e ........ 17,119,714
4Qualifying distributions for 2025 from Part
XI, line 4: $ 16,238,472
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 16,238,472
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025. 146,411 146,411
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 16,973,303
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		3,980,578
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		12,992,725
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 4,903,970
c Excess from 2023 .... 4,867,912
d Excess from 2024 .... 3,220,843
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
CORNELIS A M JOHANNA MERMANS
NICOLE A MERMANS
ANTHONY A MERMANS
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ANTHONY A MERMANS
615 SOUTH COLLEGE ST 9TH FLOOR
CHARLOTTE,NC28202
(980) 237-1386
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE COMPLETED AND SUBMITTED ONLINE AT WWW.MERANCAS.ORG. PLEASE VISIT THE WEBSITE FOR DETAILS ABOUT REQUIRED INFORMATION AND DEADLINES.
cAny submission deadlines:
PLEASE VISIT THE WEBSITE AT WWW.MERANCAS.ORG FOR DETAILS ON SUBMISSION DEADLINES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO SUPPORT FOR ARTS, POLITICAL OR RELIGIOUS PURPOSES. NO GRANTS TO INDIVIUALS.
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADA JENKINS CENTER

PO BOX 1842
DAVIDSON,NC28036 		    SUPPORT FOR ECONOMIC MOBILITY AND ED 125,000

ADVOCATES FOR CHILDREN OF NEW JERSE

P O BOX 32069
NEWARK,NJ07102 		    ACNJ'S EDUCATION RIGHT PROGRAM-IDENT 100,000

ALEXANDER YOUTH NETWORK

6220 THERMAL ROAD
CHARLOTTE,NC28211 		    GENERAL OPERATING SUPPORT-MENTAL HEA 100,000

ALLEGRO FOUNDATION

419 ARDMORE ROAD
CHARLOTTE,NC28209 		    FREE WEEKLY MOVEMENT EDUCATION CLASS 50,000

AMERICAN RED CROSS

2425 PARK ROAD
CHARLOTTE,NC28203 		    AMERICAN RED CROSS DISASTER RELIEF-R 1,000,000

ANCHOR HOUSE

482 CENTRE STREET
TRENTON,NJ08611 		    ANCHOR HOUSE GENERAL OPERATING SUPPO 40,000

ANGELS AND SPARROWS SOUP KITCHEN I

15016 N OLD STATESVILLE R
HUNTERSVILLE,NC28078 		    PATHWAY PROGRAM OPERATING SUPPORT-SO 30,000

ARM IN ARM

1 NORTH JOHNSTON AVENUE
HAMILTON,NJ08638 		    ARM IN ARM: SUSTAINING SUPPORT-FOOD 120,000

ATLANTA COMMUNITY FOOD BANK

3400 NORTH DESERT DRIVE
ATLANTA,GA30344 		    INCREASED ACCESS TO FOOD FOR OUR NEI 150,000

ATLANTA HABITAT FOR HUMANITY

824 MEMORIAL DRIVE SE
ATLANTA,GA30316 		    ATLANTA HABITAT AFFORDABLE HOME PRES 100,000

AUGUSTINE LITERACY PROJECT - CHARLO

115 WEST 7TH STREET
CHARLOTTE,NC28202 		    ALP TUTORING: TRANSFORMING COMMUNITI 125,000

BEDS FOR KIDS INC

2701-A HUTCHISON MCDONALD
CHARLOTTE,NC28269 		    BEDS FOR KIDS FURNITURE BANK AND DEL 100,000

BIG BROTHERS BIG SISTERS OF CENTRAL

8514 MCALPINE PARK DRIVE
CHARLOTTE,NC28211 		    ONE-TO-ONE MENTORING PROGRAMS FOR CH 60,000

BIG BROTHERS BIG SISTERS OF MERCER

535 EAST FRANKLIN STREET
TRENTON,NJ08610 		    IMPACT THROUGH MENTORSHIP FOR TRENTO 25,000

BOYS & GIRLS CLUB OF CABARRUS COUNT

247 SPRING ST NW
CONCORD,NC28025 		    AFTERSCHOOL PROGRAM SUPPORT-AFTERSCH 25,000

BOYS & GIRLS CLUBS OF GREATER GASTO

PO BOX 23
GASTONIA,NC28053 		    GENERAL OPERATING/ AFTERSCHOOL ENRIC 40,000

BOYS & GIRLS CLUBS OF MERCER COUNTY

212 CENTRE STREET
TRENTON,NJ08648 		    BGCMC FY '26 AFTER SCHOOL PROGRAM SU 60,000

BOYS & GIRLS CLUBS OF METRO ATLANTA

2880 DRESDEN DRIVE
CHAMBLEE,GA30341 		    PATHWAYS TO ACADEMIC SUCCESS AT BGCM 25,000

BOYS & GIRLS CLUBS OF THE PIEDMONT

1001 COCHRAN STREET
STATESVILLE,NC28677 		    AFTERSCHOOL AND SUMMER CAMP PROGRAM 50,000

CABARRUS MEALS ON WHEELS

342 PENNY LN NE
CONCORD,NC28025 		    GENERAL OPERATING FUNDS-SUPPORTING N 50,000

CAMP BLUE SKIES FOUNDATION

2820 SELWYN AVE BOX 767
CHARLOTTE,NC28209 		    MORE BLUE SKIES AHEAD-SCHOLARSHIP FU 50,000

CARE RING INC

1514 N GRAHAM ST
CHARLOTTE,NC28206 		    CARE RING - GENERAL OPERATING SUPPOR 75,000

CAROLINA YOUTH COALITION

6035 FLORENCE AVENUE
CHARLOTTE,NC28212 		    CAROLINA YOUTH COALITION: CAPS OPERA 10,000

CATHERINE'S HOUSE

POBOX 1633
BELMONT,NC28012 		    TRANSITIONAL HOUSING PROGRAM AT CATH 30,000

CATHOLIC CHARITIES DIOCESE OF CHARL

1123 SOUTH CHURCH STREET
CHARLOTTE,NC28203 		    SUPPORT SERVICES TO REFUGEE FAMILIES 75,000

CENTRAL PIEDMONT COMMUNITY COLLEGE

POST OFFICE BOX 35009
CHARLOTTE,NC28235 		    FOSTERING ECONOMIC INDEPENDENCE THRO 1,800,000

CHANGED CHOICES

PO BOX 34367
CHARLOTTE,NC28234 		    GENERAL OPERATING SUPPORT-HELPING WO 20,000

CHARLOTTE BILINGUAL PRESCHOOL

6300 HIGHLAND AVENUE
CHARLOTTE,NC28215 		    CHARLOTTE BILINGUAL PRESCHOOL, SUPPO 100,000

CHARLOTTE CENTER FOR LEGAL ADVOCACY

PO BOX 25558
CHARLOTTE,NC28229 		    CHARLOTTE CENTER FOR LEGAL ADVOCACY 250,000

CHARLOTTE COMMUNITY HEALTH CLINIC

8401 MEDICAL PLAZA STE 3
CHARLOTTE,NC28262 		    CCHC FY25 MOBILE MEDICAL UNIT PROGRA 50,000

CHARLOTTE FAMILY HOUSING

300 HAWTHORNE LANE
CHARLOTTE,NC28204 		    MOVING FAMILIES HOME-SHELTER AND TRA 200,000

CHARLOTTE RESCUE MISSION

915 W 1ST ST
CHARLOTTE,NC28202 		    REBOUND LEARNING CENTER COORDINATOR 30,000

CHARLOTTE SPEECH AND HEARING CENTER

817 E MOREHEAD STREET S
CHARLOTTE,NC28202 		    COMMUNITY LANGUAGE/LITERACY IMPACT P 75,000

CHARLOTTE WORKS

8601 MCALPINE PARK DR
CHARLOTTE,NC28211 		    PATHWAYS TO STABILITY: HOUSING AND E 100,000

CHILDREN'S ADVOCACY CENTER OF CHARL

901 EAST BLVD
CHARLOTTE,NC28203 		    GENERAL OPERATING SUPPORT FOR PAT'S 100,000

CHILDREN'S ATTENTION HOME INC

PO BOX 2912
ROCK HILL,SC29732 		    GENERAL OPERATIONS-GROUP HOME SUPPOR 50,000

CHILDREN'S HOME SOCIETY OF NORTH CA

PO BOX 14608
GREENSBORO,NC27415 		    IMPROVING CHILD AND FAMILY WELL-BEIN 40,000

CHILDREN'S HOMES OF IREDELL COUNTY

PO BOX 451
STATESVILLE,NC28687 		    PROJECT ASCENT-GROUP HOME FOR CHILDR 25,000

CHRIS 180 INC

1030 FAYETTEVILLE ROAD
ATLANTA,GA30316 		    BUILDING RESILIENCE: SUSTAINING TRAU 75,000

CLASSROOM CENTRAL

2116 WILKINSON BLVD
CHARLOTTE,NC28208 		    CLASSROOM CENTRAL GENERAL OPERATING 80,000

COLLEGE AIM

141 E COLLEGE AVENUE
DECATUR,GA30030 		    CAPS SCHOLARSHIP GRANT REQUEST-SCHOL 148,710

COMMON WEALTH CHARLOTTE

5301 WILKINSON BLVD
CHARLOTTE,NC28208 		    TRAUMA-INFORMED FINANCIAL EDUCATION 100,000

COMMUNITY CULINARY SCHOOL OF CHARLO

9315-D MONROE ROAD
CHARLOTTE,NC28270 		    WORKFORCE DEVELOPMENT TRAINING AND J 50,000

COMMUNITY HEALTH SERVICES OF UNION

1338-C EAST SUNSET DRIVE
MONROE,NC28112 		    CHSUC FREE PRIMARY CARE CLINIC-FREE 50,000

CRISIS ASSISTANCE MINISTRY

500-A SPRATT STREET
CHARLOTTE,NC28206 		    GENERAL OPERATING-CRISIS FUNDING FOR 250,000

CRITTENTON

PO BOX 36392
CHARLOTTE,NC28236 		    CRITTENTON RESIDENTIAL PROGRAMS-HOME 50,000

DIGI-BRIDGE

PO BOX 31549
CHARLOTTE,NC28231 		    ADVANCING K-8TH GRADE SCHOLARS IN ST 75,000

DISABILITY RIGHTS AND RESOURCES (DR

5801 EXECUTIVE CENTER DR
CHARLOTTE,NC28212 		    POWERFUL YOUTH WITH DISABILITIES-PRO 12,000

DOVE HOUSE CHILDREN'S ADVOCACY CENT

2407 SIMONTON ROAD
STATESVILLE,NC28625 		    EXPANSION OF SERVICES-SUPPORTING CHI 30,000

DRESS FOR SUCCESS ATLANTA

6255 BARFIELD ROAD NW
ATLANTA,GA30328 		    CERTIFICATIONS TO SUCCESS WITH CRM T 30,000

DRESS FOR SUCCESS CENTRAL NEW JERSE

3131 PRINCETON PIKE
LAWRENCEVILLE,NJ08648 		    DFSCNJ BUSINESS ACADEMY AT TRENTON C 20,000

DRESS FOR SUCCESS CHARLOTTE

2128 REMOUNT RD
CHARLOTTE,NC28208 		    MEETING THE NEED: EXPANDING PROGRAMS 50,000

E2D INC

PO BOX 1299
DAVIDSON,NC28036 		    E2D - GENERAL OPERATING-COMPUTERS DI 75,000

EASTERSEALS UCP

5171 GLENWOOD AVENUE
RALEIGH,NC27612 		    LIVING WITHOUT LIMITS-SUPPORTIVE HOU 25,000

FAMILIES FORWARD CHARLOTTE

PO BOX 470436
CHARLOTTE,NC28247 		    PATHWAYS TO PROSPERITY CHARLOTTE-FAM 200,000

FIFTH STREET MINISTRIES

PO BOX 5217
STATESVILLE,NC28687 		    HOMELESS INTERVENTION CASE MANAGEMEN 25,000

FOR THE STRUGGLE INC

2209 LASALLE ST
CHARLOTTE,NC28216 		    FTS'S SALUTEU (YOUTH) AND CRITICAL H 50,000

FOSTER VILLAGE CHARLOTTE

PO BOX 77672
CHARLOTTE,NC28271 		    CAREGIVER SUPPORT & VILLAGE KINSHIP 30,000

FOUNDATION FOR THE CAROLINAS

220 NORTH TRYON STREET
CHARLOTTE,NC28202 		    CAPS SCHOLARSHIP-SCHLOARSHIP FUNDS F 900,000

FREEDOM COMMUNITIES

3501 TUCKASEEGEE ROAD
CHARLOTTE,NC28208 		    FREEDOM COMMUNITIES (FC) OPERATING S 200,000

FREEDOM SCHOOL PARTNERS

POBOX 37363
CHARLOTTE,NC28237 		    2025 FREEDOM SCHOOL SUMMER PROGRAM-S 400,000

FURNISH FOR GOOD

3420-A ST VARDELL LANE
CHARLOTTE,NC28217 		    FURNISH FOR GOOD SUSTAINING GRANT FO 50,000

GARDHOUSE

809 WESTMERE AVE SUITE C-
CHARLOTTE,NC28208 		    WORKFORCE TRAINING FOR COLLEGE STUDE 35,000

GEORGIA PIEDMONT TECHNICAL COLLEGE

495 N INDIAN CREEK DRIVE
CLARKSTON,GA30021 		    MERANCAS EDUCATIONAL HARDSHIP FUND 2 35,000

GEORGIA STATE UNIVERSITY FOUNDATION

POST OFFICE BOX 3963
ATLANTA,GA30302 		    REMOVING BARRIERS TO LIFE-CHANGING C 50,000

GLOBAL VILLAGE PROJECT

PO BOX 1548
DECATUR,GA30031 		    HER STRENGTH, HER POWER, OUR VILLAGE 75,000

HABITAT FOR HUMANITY OF SOUTH CENTR

530 ROUTE 38 E
MAPLE SHADE,NJ08052 		    NEIGHBORHOOD REPAIRS IN TRENTON NJ-B 100,000

HABITAT FOR HUMANITY OF THE CHARLOT

PO BOX 220287
CHARLOTTE,NC28222 		    CRITICAL HOME REPAIR PROGRAM SUPPORT 250,000

HEALTHQUEST OF UNION COUNTY

415 E FRANKLIN STREET
MONROE,NC28112 		    PRESCRIPTIONS WITH PURPOSE: BUILDING 25,000

HEART MATH TUTORING INC

PO BOX 30623
CHARLOTTE,NC28230 		    SUSTAINING AND DEEPENING HEART'S IMP 100,000

HOMEFRONT

1880 PRINCETON AVENUE
LAWRENCEVILLE,NJ08648 		    BASIC HUMAN SERVICES: HOMEFRONTS INT 200,000

HOMEWORKS TRENTON INC

174 NASSAU STREET BOX 19
PRINCETON,NJ08542 		    WE ARE HOME: THE CAMPAIGN FOR HOMEWO 175,000

HOPE HAVEN INC

PO BOX 791154
CHARLOTTE,NC28206 		    GENERAL OPERATING SUPPORT FOR HOPE H 120,000

HOPE HOUSE FOUNDATION

POBOX 61
HUNTERSVILLE,NC28070 		    HOPE HOUSE FOUNDATION EXPANSION-SHEL 35,000

HOUSING COLLABORATIVE

PO BOX 35305
CHARLOTTE,NC28235 		    CENTRALIZED HOUSING RECRUITMENT, NAV 100,000

INREACH

4014 MONROE RD BLDG 4
CHARLOTTE,NC28205 		    OPERATING SUPPORT FOR FIRST IN FAMIL 50,000

INTERNATIONAL HOUSE

1611 EAST 7TH STREET
CHARLOTTE,NC28204 		    IMMIGRANT INTEGRATE THROUGH ENGLISH 100,000

INTERNATIONAL RESCUE COMMITTEE

2305 PARKLAKE DRIVE NE
ATLANTA,GA30345 		    IRC REFUGEE FAMILY LITERACY-ADULT ED 70,000

ISLES INC

10 WOOD STREET
TRENTON,NJ08618 		    ISLES YOUTH INSTITUTE-WORKFORCE DEVE 50,000

JUMPSTART AUTOMOTIVE TRAINING CENTE

2210 SYLVAN ROAD STE M
EAST POINT,GA30344 		    TRAINING YOUTH AND YOUNG ADULTS FROM 40,000

LAKEWOOD NEIGHBORHOOD ALLIANCE INC

3115 KALYNNE ST
CHARLOTTE,NC28208 		    LAKEVIEWS 3E LIVE GR8TLY ECONOMIC MO 50,000

LATIN AMERICAN LEGAL DEFENSE & EDUC

714-716 S CLINTON AVENUE
TRENTON,NJ08611 		    STRENGTH IN COMMUNITY: LASTING SUPPO 25,000

LEGAL AID OF NORTH CAROLINA

PO BOX 28741
RALEIGH,NC27611 		    EVICTION DIVERSION AS HOUSING JUSTIC 150,000

LIFT UP CAROLINAS (FORMERLY KNOWN A

POST OFFICE BOX 471112
CHARLOTTE,NC28247 		    HEART OF THE HOME OUR PROGRAM THAT 30,000

LITERACY NEW JERSEY

100 MENLO PARK DRIVE
EDISON,NJ08837 		    ADULT LITERACY IN MERCER COUNTY-ADUL 20,000

MATTHEWS HELP CENTER

PO BOX 91
MATTHEWS,NC28106 		    GENERAL OPERATING SUPPORT-CRISIS FUN 50,000

MENTAL HEALTH AMERICA OF CENTRAL CA

3701 LATROBE DR STE 140
CHARLOTTE,NC28211 		    STRENGTHENING COMMUNITY RESILIENCE: 50,000

MIDTOWN ASSISTANCE CENTER

613 SPRING STREET NW
ATLANTA,GA30308 		    HOMELESS AND HUNGER PREVENTION-RENT 25,000

MOUNT CARMEL GUILD OF TRENTON

73 NORTH CLINTON AVE
TRENTON,NJ08609 		    COMMUNITY SUPPORT PROGRAM-FOOD PANTR 25,000

NAMI MERCER

1235 WHITEHORSE MERCERVIL
HAMILTON,NJ08619 		    NAMI MERCER EDUCATION, SUPPORT, OUTR 30,000

NANA GRANTS INC

6065 ROSWELL RD
ATLANTA,GA30328 		    CHILD CARE FOR LOW-INCOME MOTHERS IN 75,000

NC MEDASSIST

4428 TAGGART CREEK ROAD
CHARLOTTE,NC28208 		    PROVIDING ACCESS TO FREE PHARMACY SE 100,000

NOURISH UP

PO BOX 680791
CHARLOTTE,NC28216 		    GROCERIES, MEALS, AND HOPE-FOOD WARE 250,000

OPEN HAND ATLANTA

1380 WEST MARIETTA ST NW
ATLANTA,GA30318 		    MEDICALLY TAILORED MEALS & NUTRITION 100,000

OUR HOUSE INC

173 BOULEVARD NE
ATLANTA,GA30312 		    FY25 INTERRELATED SERVICES FOR FAMIL 50,000

OURBRIDGE INC

3925 WILLARD FARROW DRIVE
CHARLOTTE,NC28215 		    SUPPORTING IMMIGRANT AND REFUGEE STU 130,000

PARTNERS IN LEARNING

1775 MARTIN LUTHER KING A
SALISBURY,NC28144 		    THE FAMILY RESILIENCE PROJECT: STREN 50,000

PERCENT IMPACT

276 5TH AVE STE 704
NEW YORK,NY10001 		    DAF WHICH SUPPORTS PUBLIC CHARITIES 12,762

PHILIPS ACADEMY

3115 PROVIDENCE ROAD
CHARLOTTE,NC28211 		    MULTI-YEAR SCHOLARSHIP FUNDS-SCHOLAR 50,000

PLANNED PARENTHOOD OF NORTHERN CEN

196 SPEEDWELL AVENUE
MORRISTOWN,NJ07960 		    SPILL THE TEA (TEEN EDUCATION & ADVO 100,000

PLANNED PARENTHOOD SOUTH ATLANTIC

100 S BOYLAN AVE
RALEIGH,NC27603 		    CHARLOTTE REPRODUCTIVE AND SEXUAL HE 500,000

PLANNED PARENTHOOD SOUTHEAST

241 PEACHTREE STREET NE
ATLANTA,GA30303 		    PPSE SEX EDUCATION PROGRAMS: METRO-A 50,000

PREVENTION EDUCATION INC TA PEI K

231 LAWRENCE ROAD
LAWRENCEVILLE,NJ08648 		    2025 GENERAL OPERATING SUPPORT FOR P 30,000

REBUILDING TOGETHER OF GREATER CHAR

9625 SOUTHERN PINE BLVD
CHARLOTTE,NC28273 		    REBUILDING TOGETHER OF GREATER CHARL 75,000

ROOF ABOVE

PO BOX 31335
CHARLOTTE,NC28231 		    ROOF ABOVE GENERAL OPERATING SUPPORT 1,100,000

ROWAN-CABARRUS COMMUNITY COLLEGE FO

PO BOX 1595
SALISBURY,NC28145 		    FILL THE GAP: EMERGENCY AND HARDSHIP 50,000

STARS MATH & ENGLISH ACADEMY

PO BOX 680044
CHARLOTTE,NC28216 		    LAKE MIST SATURDAY ACADEMY - YEAR 2- 25,000

SAFE ALLIANCE

601 EAST FIFTH STREET
CHARLOTTE,NC28202 		    PROVIDING SAFETY AND RESPITE FOR DOM 100,000

SECOND HARVEST FOOD BANK OF METROLI

500 B SPRATT STREET
CHARLOTTE,NC28206 		    COMMUNITY FOOD RESCUE PROGRAM 2025-2 150,000

SHARE CHARLOTTE

5535 ALBEMARLE ROAD
CHARLOTTE,NC28212 		    CAPACITY BUILDING SUPPORT FOR METRO 25,000

SHARE MY MEALS INC

120 JOHN STREET
PRINCETON,NJ08542 		    CONTINUING MEAL RECOVERY AND DISTRIB 50,000

SHELTER HEALTH SERVICES

534 SPRATT ST
CHARLOTTE,NC28206 		    SUPPORT ACCESS TO HEALTHCARE AND MED 50,000

SMART START OF MECKLENBURG COUNTY

601 EAST FIFTH STREET
CHARLOTTE,NC28202 		    EARLY CHILDHOOD COMMUNITY SYSTEMS BU 20,000

SOUTH PIEDMONT COMMUNITY COLLEGE FO

680 US 74
POLKTON,NC28135 		    HEALTH SCIENCE STUDENT SUPPORT TO AS 35,000

SUPPORTIVE HOUSING COMMUNITIES

601 E 5TH ST STE 255
CHARLOTTE,NC28202 		    AFFORDABLE HOUSING AND WRAPAROUND SE 50,000

TEACH FOR AMERICA

PO BOX 748600
ATLANTA,GA30374 		    TRANSFORMING EDUCATION OUTCOMES FOR 150,000

THE FATHER CENTER OF NEW JERSEY

1 WEST STATE STREET
TRENTON,NJ08608 		    THE FATHER CENTER OF NEW JERSEY BRID 30,000

THE JOHN CROSLAND SCHOOL

5146 PARKWAY PLAZA BLVD
CHARLOTTE,NC28217 		    THE JOHN CROSLAND SCHOOL SCHOLARSHIP 75,000

THE RELATIVES INC

2219 FREEDOM DRIVE
CHARLOTTE,NC28208 		    GUIDING YOUTH IN CRISIS TO SAFETY, S 100,000

THE RESCUE MISSION OF TRENTON

PO BOX 790
TRENTON,NJ08605 		    THE RESCUE MISSION OF TRENTONS EMERG 75,000

THE ROC CHARLOTTE INC

1335 ALLEGHANY STREET
CHARLOTTE,NC28208 		    FUNDING FOR LEAD INSTRUCTOR-WORKFORC 100,000

THE SALVATION ARMY

4015 STUART ANDREW BOULEV
CHARLOTTE,NC28217 		    GENERAL OPERATING SUPPORT FOR EMERGE 250,000

THE STUDY HALL INC

PO BOX 6717
ATLANTA,GA30315 		    THE STUDY HALL AFTERSCHOOL AND SUMME 20,000

THOMPSON CHILD AND FAMILY FOCUS

6800 SAINT PETERS LANE
MATTHEWS,NC28105 		    THOMPSON PREVENTION & MENTAL HEALTH 250,000

TRENTON AREA SOUP KITCHEN (TASK)

72 1/2 ESCHER STREET
TRENTON,NJ08605 		    TASK MEAL SERVICES-PREPARED MEALS PR 60,000

TURNING POINT INC

P O BOX 952
MONROE,NC28111 		    TURNING POINT'S DOMESTIC VIOLENCE SH 75,000

UNION COUNTY CRISIS ASSISTANCE MINI

PO BOX 1121
MONROE,NC28111 		    CRISIS INTERVENTION PROGRAM-CRISIS F 40,000

UNITED WAY OF GREATER CHARLOTTE

601 E 5TH ST
CHARLOTTE,NC28202 		    A HOME FOR ALL-- STREET PSYCHIATRY P 100,000

URBAN RECIPE

970 JEFFERSON STREET NW
ATLANTA,GA30318 		    COMBATTING FOOD INSECURITY IN UNDER 25,000

WAYFINDERS (FORMERLY R BRUCE IRONS

PO BOX 220311
CHARLOTTE,NC28222 		    INCREASING OPPORTUNITY FOR ECONOMIC 50,000

WELLSPRING LIVING

3535 PEACHTREE ROAD NE
ATLANTA,GA30326 		    WOMENS ACADEMY AT WELLSPRING LIVING- 25,000

WITH FRIENDS YOUTH CRISIS CENTER

2098 KEITH DRIVE
GASTONIA,NC28054 		    EMERGENCY YOUTH SHELTER-YOUTH CRISIS 15,000

YMCA OF GREATER CHARLOTTE

400 EAST MOREHEAD ST
CHARLOTTE,NC28202 		    YMCA OF GREATER CHARLOTTE 2025-2026 100,000

YORK TECHNICAL COLLEGE FOUNDATION

452 S ANDERSON ROAD
ROCK HILL,SC29730 		    MERANCAS FINANCIAL HARDSHIP GRANT-EM 50,000

YOUNITY

1530 BRUNSWICK AVENUE
LAWRENCEVILLE,NJ08648 		    SUPPORT FOR SURVIVORS OF DOMESTIC AN 100,000

YOUTH DEVELOPMENT INITIATIVES

PO BOX 480480
CHARLOTTE,NC28269 		    YDI CAREER ACADEMY (YCA)-MENTORING, 30,000

YOUTH VILLAGES

8604 CLIFF CAMERON DRIVE
CHARLOTTE,NC28269 		    LIFESET: COMMUNITY-BASED TRANSITIONA 50,000

YWCA CENTRAL CAROLINAS

3420 PARK ROAD
CHARLOTTE,NC28209 		    YWCAS TRANSITIONAL HOUSING AND YOUTH 100,000

YWCA CENTRAL CAROLINAS

3420 PARK ROAD
CHARLOTTE,NC28209 		    GROUNDS FOR CHANGE: AFFORDABLE HOUSI 625,000

ZABS PLACE

6619 SARDIS RD
CHARLOTTE,NC28270 		    ZABS PLACE JOB TRAINING AND PLACEMEN 20,000
Total ................................. 3a 16,238,472
bApproved for future payment

CHARLOTTE WORKS
8601 MCALPINE PARK DR
CHARLOTTE,NC28211 		    WORKFORCE DEVELOPMENT, CAREER ADVISO 100,000

FAMILIES FORWARD CHARLOTTE
PO BOX 470436
CHARLOTTE,NC28247 		    WORKFORCE DEVELOPMENT, CAREER ADVISO 125,000

UNITED WAY OF GREATER CHARLOTTE
601 E 5TH ST
CHARLOTTE,NC28111 		    MENTAL HEALTH AND MEDICAL SUPPORT 100,000

YMCA CENTRAL CAROLINAS
3420 PARK ROAD
CHARLOTTE,NC28209 		    PERMANENT, AFFORDABLE RENTAL HOUSING 625,000
Total ................................. 3b 950,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 664  
4 Dividends and interest from securities ....     14 1,935,048  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 69,610  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 36,191,543  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   38,196,865  
13Total. Add line 12, columns (b), (d), and (e)..................
13
38,196,865
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTANT FEES - TAX PREP & ADV 4,800      

TY 2025 InvestmentsCorpStockSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Name of Stock End of Year Book Value End of Year Fair Market Value
ACCELERANT HOLDINGS COM 1,106,308 730,207
AEROMEXICO SAB DE 4,116,877 4,451,138
AFFIRM HLDGS INC 691,806 910,502
AIRBNB INC 938,226 1,093,632
ALIGNMENT HEALTHCARE INC 306,048 323,762
ALNYLAM PHARMACEUTICALS INC 932,621 8,806,755
ALPHABET INC 667,599 3,628,296
AMAZON.COM 204,536 10,779,525
APPFOLIO INC 2,285,789 3,105,180
ARCUTIS BIOSCIENCES INC 183,151 534,017
ARES STRATEGIC INCOME FUND 4,485,000 4,526,192
ARISTA NETWORKS INC 374,422 1,227,489
ARM HOLDINGS 2,390,552 3,708,888
ASANA INC    
BBB FOODS INC 2,619,030 3,609,760
BELLRING BRANDS INC    
BIONTECH SE    
BLACKSTONE PRIVATE CREDIT FUND 1,500,000 1,469,279
BLOCK INC    
BLUE OWL CREDIT INCOME CORP 1,500,000 1,477,895
BOOT BARN HOLDINGS INC 532,572 1,010,291
BOSTON SCIENTIFIC CORP 980,937 1,220,861
BURLINGTON STORES INC    
CBOE GLOBAL MARKETS INC 4,160,904 6,062,905
CLOUDFLARE INC 2,436,571 12,987,848
COINBASE GLOBAL INC 76,142 280,640
COURSERA INC    
CQS ABS FEDERATED FUND 611,088 636,844
CROWDSTRIKE HLDGS INC 2,284,795 5,437,147
CYTOKINETICS INC 189,275 267,440
DICK S SPORTING GOODS    
DOORDASH INC 262,076 240,069
DUOLINGO INC 2,899,021 5,334,674
ECHOSTAR 1,012,454 1,392,773
ELBIT SYSTEMS LTD 802,991 1,136,356
E L F BEAUTY INC    
ELI LILLY AND CO    
EMBRAER ADR 697,718 1,397,022
EMCOR GROUP INC 114,063 304,671
ENPHASE ENERGY INC    
EPAM SYS INC    
EURONEXT 1,343,453 1,116,047
EZCORP INC 262,242 311,458
FANUC CORPORATION 696,395 988,473
FERRARI N V    
FINCANTIERI SPA 688,448 738,816
FIGMA INC 683,695 435,510
FIGURE TECHNOLOGY SOUTIONS 3,864,121 4,722,778
FIRST WATCH RESTAURANT GROUP 451,057 327,523
FLOOR &DCOR HLDGS INC 579,399 519,574
FRESHPET 339,482 1,274,960
FTAI AVIATION LTD 74,954 234,252
FTAI INFRASTRUCTURE INC    
GAP INC 6,490,827 7,394,893
GLAUKOS CORP 3,878,220 4,473,155
GLOBANT SA    
GRAIL INC 218,729 228,696
HARROW INC    
HIMS & HERS HEALTH INC 115,258 363,502
HUBSPOT INC 105,043 1,139,291
HUNTINGTON INGALLS INDUSTRIES INC 211,088 214,584
ICICI BANK LIMITED 2,828,724 3,710,994
3I GROUP INC 5,812,185 5,082,035
INSPIRE MED SYS INC    
INTUITIVE MACHINES INC 136,104 241,665
INTUITIVE SURGICAL INC 4,500,271 8,763,855
KKR INFRASTRUCTURE 2,673,348 2,962,117
KNIFE RIVER CORP    
KRATOS DEFENSE AND SECURITY SOLUTION 187,122 348,579
LOAR HOLDINGS INC    
LPL FINANCIAL HOLDINGS INC 1,050,002 1,674,413
MADRIGAL PHARMACEUTICALS INC 2,539,562 6,116,317
MAMAS CREATIONS INC 181,048 290,669
MDA LTD 2,520,050 6,130,378
MERCADOLIBRE INC 1,176,406 6,292,548
META PLATFORMS INC 541,346 3,519,600
MICRON TECHNOLOGY INC 672,508 1,619,987
MICROSOFT 2,004,644 4,219,101
MONGODB INC    
NATERA INC 3,373,059 12,647,830
NATIONAL VISION HLDGS INC 202,462 260,085
NVIDIA CORPORATION 2,330,003 12,585,580
NEBIUS GROUP 2,102,797 2,401,915
NEPTUNE INS HLDGS INC 114,646 149,124
NETFLIX 344,152 17,962,260
NEW YORK TIMES CO 792,975 1,785,691
NIOCORP DEVELOPMENTS LTD 202,231 167,024
NLIGHT INC    
NPK INTERNATIONAL INC 223,855 200,351
OCADO GROUP PLC    
OSCAR HEALTH INC    
QUANTA SERVICES 839,385 1,677,689
QXO INC 1,211,539 1,175,938
PALANTIR TECHNOLOGIES INC 78,815 562,046
PORCH GROUP INC 4,183,651 3,425,010
PRIMORIS SVCS CORP    
PROCORE TECHNOLOGIES INC    
RADMET OMC 302,859 337,842
REDDIT INC 6,645,531 6,580,029
RHEINMETTALL AG NPV 295,998 3,109,198
RIVIAN AUTOMOTIVE INC 915,259 1,259,942
ROBINHOOD MKTS INC 800,297 806,064
ROBLOX CORP 823,974 1,590,538
ROKU INC 2,812,971 5,427,863
ROLLS ROYCE 514,285 897,318
RXSIGHT INC    
SAAB AB NPV 676,648 998,310
SAFARICOM NPV 372,007 1,307,242
SALESFORCE INC    
SENSIENT TECHNOLOGIES 204,216 195,980
SERVICETITAN INC 582,908 659,129
SHAKE SHACK INC 3,104,713 4,914,194
SHIFT4 PMTS INC    
SHARKNINJA INC 4,798,322 5,203,910
SHOPIFY INC 2,011,437 9,212,635
SIRIUSPOINT LTD 321,239 431,386
SITIME CORP 983,335 2,019,894
SK HYNIX INC 684,687 2,484,192
SPOTIFY TECHNOLOGY SA 2,754,007 6,911,030
SPHERE ENTERTAINMENT CO 694,154 978,088
SPRING NATURE AF & GO    
SPROUTS FARMERS MARKET INC 1,890,736 4,513,066
TAIWAN SEMICONDUCTOR MANUFACTURING 292,746 289,607
TEMPUS AI INC 5,908,817 4,360,075
TESLA INC 230,153 29,947,305
TKO GROUP HOLDINGS INC 873,321 1,964,600
TOAST INC 1,407,616 1,469,100
TOWER SEMICONDUCTOR LTD 536,292 1,046,095
UNIVERSAL TECHNICAL INSTITUTE INC 78,570 74,967
VIKING THERAPEUTICS INC    
VIA TRANSN INC 1,347,433 944,305
WATSCO INC    
XOMETERY INC 294,339 306,568
ZOOM VIDEO COMMUNICATIONS INC    

TY 2025 InvestmentsOtherSchedule2
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
LAND AT COST 13,142,287 13,142,287

TY 2025 OtherDecreasesSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Description Amount
ADJUSTMENTS TO STOCK BASIS 6,740


TY 2025 OtherExpensesSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
PAYROLL SERVICE FEES 4,310      
ADR & BANK FEES 71,966 71,966    
BUSINESS MEALS 10,818      
INSURANCE 20,084      
SUBSCRIPTIONS 2,690      
COMPUTER EXPENSES 37,516      
OFFICE EXPENSE/SUPPLIES 13,594      
LAND ACQISITON EXPENSES 83,353      
TELEPHONE 2,561      
OTHER 1,430      


TY 2025 OtherIncomeSchedule2
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CLASS ACTION SETTLEMENTS 69,610 69,610  


TY 2025 OtherIncreasesSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Description Amount
NON-DIVIDEND DISTRIBUTION 4,048


TY 2025 OtherProfessionalFeesSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY FEES - LAND FOR DONATIO 114,600      
CONTRACT LABOR 14,060      
OTHER 5,762      


TY 2025 TaxesSchedule
Name:
MERANCAS FOUNDATION INC
EIN:
56-1677733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX ON DIVIDENDS 28,928 28,928    
PROPERTY TAXES ON LAND 5,516      
EXCISE TAX ON NET INVST INC 332,230      
LICENSES AND PERMITS 211