Gretchen Morgenstern Charities Tr

SALINA, KS EIN: 88-6707288

Gretchen Morgenstern Charities Tr is a private foundation focused on Human Services, based in SALINA, KS. IRS filing data is available for 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 6 grants totaling $210K. Net investment income was $222K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

Annual Giving

$210K

Grant Count

Avg Grant Size

$35K

Under IRS private-foundation payout rules, Gretchen Morgenstern Charities Tr reported a distributable amount of $246K for 2024 — the minimum it must pay out in qualifying distributions.

About Gretchen Morgenstern Charities Tr

Based on IRS filings

Focus Areas

Human Services

Ready to take the next step with Gretchen Morgenstern Charities Tr?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $210K (100%)

States

Kansas

Cities

NewtonSalina

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024
Total Assets	$4,610,660
Revenue	$241,054
Expenses	$244,332
Qualifying Distributions	$225,081
Net Investment Income	$222,285
Distributable Amount	$245,662

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First United Methodist Church Found ($42,099), Emberhope Inc ($42,099), Salina Presbyterian Manor Endowment ($42,099).

Recipient	Purpose	Amount
FIRST UNITED METHODIST CHURCH FOUND SALINA, KS	GENERAL PURPOSE	$42,099
SALINA REGIONAL HEALTH FOUNDATION SALINA, KS	GENERAL PURPOSE	$21,050
KANSAS WESLEYAN UNIVERSITY FOUNDATI SALINA, KS	GENERAL PURPOSE	$31,575
EMBERHOPE INC NEWTON, KS	GENERAL PURPOSE	$42,099
ROLLING HILLS ZOO FOUNDATION SALINA, KS	GENERAL PURPOSE	$31,575
SALINA PRESBYTERIAN MANOR ENDOWMENT SALINA, KS	GENERAL PURPOSE	$42,099

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ADVANTAGE TRUST COMPANY	TRUSTEE	—	$29,168

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Gretchen Morgenstern Charities Tr?

Gretchen Morgenstern Charities Tr is a private foundation focused on Human Services, based in SALINA, KS. It holds $4.6M in total assets as of 2024.

How large is Gretchen Morgenstern Charities Tr?

As of 2024, Gretchen Morgenstern Charities Tr holds $4.6M in total assets with $241K in annual revenue. It awarded 6 grants totaling $210K in 2024.

Where does Gretchen Morgenstern Charities Tr operate?

Gretchen Morgenstern Charities Tr has awarded grants in Kansas.

What size grants does Gretchen Morgenstern Charities Tr award?

In 2024, Gretchen Morgenstern Charities Tr awarded 6 grants totaling $210K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Gretchen Morgenstern Charities Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gretchen Morgenstern Charities Tr reported a distributable amount of $246K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.