Dudley & Walter Morgan Foundation

Private foundation · Grantmaker Nashville, TN EIN: 62-1585196

Dudley & Walter Morgan Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $554K in total assets. In 2025, it awarded 17 grants totaling $25K. Net investment income was $28K.

Dudley & Walter Morgan Foundation at a glance

In short: Dudley & Walter Morgan Foundation gave $25K across 17 grants in 2025 (avg $1K), mostly in Tennessee. 59% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$25,000
-16.7% vs 2024
Grants made (2025)
17
+142.9% vs 2024
Average grant
$1,471
-65.7% vs 2024
Median grant
$500
Total assets
$553,617
+3.8% vs 2024
New grantees (estimate)
59% first-time grantees (10 of 17, 2025; small sample)
Primary geography
Tennessee (76% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Dudley & Walter Morgan Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Friends of Lick Creek: $5KFriends of Lick Creek$5KYWCA of Middle Tennessee: $5KYWCA of Middle Tennessee$5KThe Linville Foundation: $4KThe Linville Foundation$4KMontgomery Bell Academy - Annual Fund: $3KMontgomery Bell Academy -Annual Fund$3KThe Crossnore Scholl and Children's Home: $2KThe Crossnore Scholl andChildren's Home$2KFranklin's Charge: $1KFranklin's Charge$1KThe Battle of Franklin Trust: $1KThe Battle of Franklin Trust$1KAmistad Mission: $500Amistad Mission$500The Ensworth High School - Annual Fund: $500The Ensworth High School -Annual Fund$500The Harpeth Hall School - Annual Fund: $500The Harpeth Hall School -Annual Fund$500

The largest 2025 recipient was Friends of Lick Creek ($5K). Together the top 10 received $22K.

Grant Size Distribution

50 grants across all recorded years

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

The most common grant size was under $50K: 50 grants of 50 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 17 itemized grants.

Cities

NashvilleLinvilleFranklinCrossnorePrincetonWashingtonNewland

Is Dudley & Walter Morgan Foundation open to new grantees?

59%

first-time grantees, 2025

In 2025, 10 of 17 grantees (59%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $950; repeat grants $2K. How we count

Medians: $500 first-time, $1K repeat.

  • 12% of 2025 grantees were also funded in 2024. Method
  • Giving grew 79% from 2022 to 2025. Method
  • In 2025 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K19 grants2020 8 grants2021 18 grants2022 0 grants2023 7 grants2024 17 grants2025

From 2020 to 2025, annual grant giving ranged from $14K (2021) to $30K (2024). In 2025 it made 17 grants totaling $25K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Friends of Lick Creek Nashville, TNContribution$5,000
YWCA of Middle Tennessee Nashville, TNContribution$4,500
The Linville Foundation Linville, NCContribution$3,500
Montgomery Bell Academy - Annual Fund Nashville, TNContribution$3,000
The Crossnore Scholl and Children's Home Crossnore, NCContribution$2,000
Franklin's Charge Franklin, TNContribution$1,000
The Battle of Franklin Trust Franklin, TNContribution$1,000
Amistad Mission Nashville, TNContribution$500
The Ensworth High School - Annual Fund Nashville, TNContribution$500
The Harpeth Hall School - Annual Fund Nashville, TNContribution$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$553,617$35,190$31,796$25,00017$25,000$28,394$29,846
2024$533,555$31,252$36,129$30,0007$30,000$25,123$28,989
2023$538,297$28,189$5,890———$22,299$25,923
2022$510,979$27,932$20,451$14,00018$14,000$21,481$26,165
2021$502,662$36,255$20,190$14,0008—$30,065$24,774
2020$522,431$10,965$31,845$26,00019—$5,345$24,274

Under IRS private-foundation payout rules, Dudley & Walter Morgan Foundation reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Dudley & Walter Morgan Foundation is led by Dudley Brown White, President on filings since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dudley Brown White

    President

    On filings since 2020

    No compensation reported

  • Walter M. Morgan III

    Treasurer

    Trustee → Treasurer, 2025

    On filings since 2020

    No compensation reported

  • William D. Morgan

    Secretary

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Dudley Morgan (2021–2024) — President

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Dudley & Walter Morgan Foundation

How much does Dudley & Walter Morgan Foundation give each year?

Dudley & Walter Morgan Foundation gave $25K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 7 grants.

What is Dudley & Walter Morgan Foundation's typical grant size?

Dudley & Walter Morgan Foundation's median grant in 2025 was $500, and its average grant was $1,471, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Dudley & Walter Morgan Foundation that year got $950 on average.

Where does Dudley & Walter Morgan Foundation give grants?

Dudley & Walter Morgan Foundation gives mostly in Tennessee: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (22%). The most frequent recipient cities were Nashville, TN (11 grants) and Franklin, TN (3 grants).

Does Dudley & Walter Morgan Foundation give general operating support?

Not in 2025: none of the 17 grants with a stated purpose on Dudley & Walter Morgan Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (17 grants).

Who are Dudley & Walter Morgan Foundation's largest grantees?

Dudley & Walter Morgan Foundation's largest 2025 grantees include Friends of Lick Creek ($5,000), YWCA of Middle Tennessee ($4,500) and The Linville Foundation ($3,500), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.

How large is Dudley & Walter Morgan Foundation?

Dudley & Walter Morgan Foundation reported $554K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $30K (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 Dudley & Walter Morgan Foundation's EIN?

Dudley & Walter Morgan Foundation's EIN (Employer Identification Number) is 62-1585196. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 9, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Dudley & Walter Morgan Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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