Charlene and Thomas Morgan Charitable
Charlene and Thomas Morgan Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED ROCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 13 grants totaling $572K. Net investment income was $1.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.1M
+12.4% YoY
Annual Giving
$572K
-0.7% YoY
Grant Count
13
-18.8% YoY
Avg Grant Size
$44K
+22.2% YoY
Under IRS private-foundation payout rules, Charlene and Thomas Morgan Charitable reported a distributable amount of $628K for 2024 — the minimum it must pay out in qualifying distributions.
About Charlene and Thomas Morgan Charitable
Based on IRS filings
Charlene and Thomas Morgan Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED ROCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 13 grants totaling $572K. Net investment income was $1.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,065,136 | $8,062,094 | $9,047,727 |
| Revenue | $1,892,045 | $-96,890 | $596,597 |
| Expenses | $889,003 | $888,743 | $937,534 |
| Qualifying Distributions | $572,000 | $576,000 | $603,400 |
| Net Investment Income | $1,595,253 | — | $239,113 |
| Distributable Amount | $628,330 | $570,966 | $576,146 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bateman Baptist Church ($156,000), River Valley Christian ($100,000), Friends of Living Word Church ($66,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATEMAN BAPTIST CHURCH RED ROCK, TX | FURTHERANCE OF THE CHRISTIAN FAITH AND MINISTRY TO THE SURROUNDING COMMUNITY | $156,000 |
| THE MISSION AT THE CROSS LAUREL, MS | FOR THE ESTABLISHMENT AND OPERATIONS OF 24 HOUR A DAY CHURCHES, SHELTERS FOR THE LESS FORTUNATE AND THE MINISTRIES THEREIN | $60,000 |
| VALLEY BAPTIST CHURCH BAKERSFIELD, CA | FURTHERANCE OF THE CHRISTIAN FAITH AND MINISTRY TO THE SURROUNDING COMMUNITY | $40,000 |
| FRIENDS OF LIVING WORD CHURCH SEWICKLEY, PA | GENERAL FUNDRAISING | $66,000 |
| KBC MINISTRIES INC SAN ANTONIO, TX | GENERAL FUNDRAISING | $10,000 |
| FIRST LOCKHART BAPTIST CHURCH LOCKHART, TX | GENERAL FUNDRAISING | $10,000 |
| CALDWELL COUNTY COWBOY CHURCH DALE, TX | GENERAL FUNDRAISING | $50,000 |
| Allegro Solutions Houston, TX | GENERAL Fundraising | $10,000 |
| Gospel Adventures St Louis, MO | General Fundraising | $50,000 |
| Hope House Bastrop Bastrop, TX | GENERAL FUNDRAISING | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROGER C SOLOMON | DIRECTOR | — | $40,000 |
| JOYCE SOLOMON | DIRECTOR | — | $40,000 |
| ANNE VAUGHN | DIRECTOR | — | $40,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charlene and Thomas Morgan Charitable?
Charlene and Thomas Morgan Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED ROCK, TX. It holds $9.1M in total assets as of 2024.
How large is Charlene and Thomas Morgan Charitable?
As of 2024, Charlene and Thomas Morgan Charitable holds $9.1M in total assets with $1.9M in annual revenue. It awarded 13 grants totaling $572K in 2024.
Where does Charlene and Thomas Morgan Charitable operate?
Charlene and Thomas Morgan Charitable has awarded grants in Arkansas, California, Missouri, Mississippi, Nevada, Oregon, Pennsylvania, Texas.
What size grants does Charlene and Thomas Morgan Charitable award?
In 2024, Charlene and Thomas Morgan Charitable awarded 13 grants totaling $572K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Charlene and Thomas Morgan Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charlene and Thomas Morgan Charitable reported a distributable amount of $628K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charlene and Thomas Morgan Charitable's EIN?
Charlene and Thomas Morgan Charitable's EIN (Employer Identification Number) is 46-4277924. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charlene and Thomas Morgan Charitable's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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