Bernard a and R Lorraine Morewitz

Foundation · Grantmaker Newport News, VA EIN: 27-0036715

Bernard a and R Lorraine Morewitz is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newport News, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $60K. Net investment income was $71K.

Key facts about Bernard a and R Lorraine Morewitz

EIN: 27-0036715
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $60,000
Grants made (2024): 2
Average grant: $30,000
Median grant: $30,000
Total assets: $3,280,543
Primary geography: Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Bernard a and R Lorraine Morewitz gives

Giving fell 57% from 2021 to 2024. Method
In 2024 it paid out 38% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Bernard a and R Lorraine Morewitz

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

+3.0% YoY

Annual Giving

$60K

-61.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$30K

-41.9% YoY

Under IRS private-foundation payout rules, Bernard a and R Lorraine Morewitz reported a distributable amount of $160K for 2024 — the minimum it must pay out in qualifying distributions.

About Bernard a and R Lorraine Morewitz

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $60K (100%)

Share of all 2 itemized 2024 grant dollars.

States

Virginia

Cities

Newport NewsYorktown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,280,543	$3,184,215	$3,286,522
Revenue	$128,507	$106,992	$97,289
Expenses	$97,609	$208,053	$117,525
Qualifying Distributions	$61,025	$155,000	$108,500
Net Investment Income	$70,753	$57,938	$61,144
Distributable Amount	$159,960	$158,576	$156,069

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include United Jewish Community Endowment ($30,000), Rodef Sholom Temple ($30,000).

Recipient	Purpose	Amount
UNITED JEWISH COMMUNITY ENDOWMENT Newport News, VA	SUPPORT JEWISH COMMUNITY	$30,000
RODEF SHOLOM TEMPLE Newport News, VA	ENDOWED CHAIR	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2024 IRS filing

Name	Title	Hours	Compensation
E D David	President &	—	—
Howard F Smith	Secretary	—	—
Irving B Goldstein	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bernard a and R Lorraine Morewitz?

Bernard a and R Lorraine Morewitz is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newport News, VA. It holds $3.3M in total assets as of 2024.

How large is Bernard a and R Lorraine Morewitz?

As of 2024, Bernard a and R Lorraine Morewitz holds $3.3M in total assets with $129K in annual revenue. It awarded 2 grants totaling $60K in 2024.

Where does Bernard a and R Lorraine Morewitz operate?

Bernard a and R Lorraine Morewitz has awarded grants in Virginia.

What size grants does Bernard a and R Lorraine Morewitz award?

In 2024, Bernard a and R Lorraine Morewitz awarded 2 grants totaling $60K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Bernard a and R Lorraine Morewitz required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bernard a and R Lorraine Morewitz reported a distributable amount of $160K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bernard a and R Lorraine Morewitz's EIN?

Bernard a and R Lorraine Morewitz's EIN (Employer Identification Number) is 27-0036715. IRS Form 990 filing data is available on this page for 2020–2024.