Charles a Morgan Uw FBO Westerly Hospital

Private foundation · Grantmaker Dallas, TX EIN: 16-6375400
HealthIn-patient medical careHospital care

Charles a Morgan Uw FBO Westerly Hospital is a private foundation focused on Health, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 1 grant totaling $202K. Net investment income was $410K.

Key facts about Charles a Morgan Uw FBO Westerly Hospital

In short: Charles a Morgan Uw FBO Westerly Hospital gave $202K across 1 grant in 2025 (avg $202K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
16-6375400
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$201,560
Grants made (2025)
1
Average grant
$201,560
Median grant
$201,560
Total assets
$4,546,978
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.5M

+4.3% YoY

Annual Giving

$202K

-1.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$202K

-1.3% YoY

Under IRS private-foundation payout rules, Charles a Morgan Uw FBO Westerly Hospital reported a distributable amount of $252K for 2025 — the minimum it must pay out in qualifying distributions.

How Charles a Morgan Uw FBO Westerly Hospital gives

  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 89% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

New London

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $182K (2021) to $204K (2024). In 2025 it made 1 grant totaling $202K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

LMW Healthcare Inc: $202KLMW Healthcare Inc$202K

The largest 2025 recipient was LMW Healthcare Inc ($202K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
LMW Healthcare Inc New London, CTUnrestricted General$201,560

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,546,978$4,357,462$4,307,627
Revenue$455,697$175,599$-16,306
Expenses$268,997$263,515$277,782
Qualifying Distributions$225,003$225,831$223,347
Net Investment Income$410,046$126,416$57,460
Distributable Amount$252,183$237,796$220,365

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Charles a Morgan Uw FBO Westerly Hospital's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $53K (2022) → $57K (2025)

Former officers (1)
  • Former: Bank Of America N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $57KBank of AmericaTrustee$57K

The highest reported compensation on the 2025 filing was $57K, to Bank of America (Trustee).

Frequently asked questions about Charles a Morgan Uw FBO Westerly Hospital

How much does Charles a Morgan Uw FBO Westerly Hospital give each year?

Charles a Morgan Uw FBO Westerly Hospital gave $202K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $204K across 1 grant.

How large is Charles a Morgan Uw FBO Westerly Hospital?

Charles a Morgan Uw FBO Westerly Hospital reported $4.5M in total assets on its 2025 IRS Form 990-PF. It paid out $225K in qualifying distributions that year, against a required minimum of $252K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Charles a Morgan Uw FBO Westerly Hospital?

Charles a Morgan Uw FBO Westerly Hospital is a private foundation focused on Health, based in Dallas, TX. It holds $4.5M in total assets as of 2025.

Where does Charles a Morgan Uw FBO Westerly Hospital operate?

Charles a Morgan Uw FBO Westerly Hospital has awarded grants in Connecticut.

What is Charles a Morgan Uw FBO Westerly Hospital's EIN?

Charles a Morgan Uw FBO Westerly Hospital's EIN (Employer Identification Number) is 16-6375400. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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