John & Frances Morisey Trust Account
The John & Frances Morisey Trust Account is a private foundation established in 1993 and based in Raleigh, North Carolina. The organization operates as a 501(c)(3) charitable entity with a focus on grantmaking to qualified nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-4.9% YoY
Annual Giving
$158K
-31.2% YoY
Grant Count
36
-26.5% YoY
Avg Grant Size
$4K
-6.3% YoY
Under IRS private-foundation payout rules, John & Frances Morisey Trust Account reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for Christian organizations, with additional funding directed toward health associations and human services. Recent grant activity demonstrates support across education, philanthropy, voluntarism, and human services sectors.
Grantmaking
The foundation has demonstrated consistent grantmaking activity, distributing $229,200 in grants during the most recent fiscal year. Grant amounts typically range from $250 to $105,250, with recent notable grants including:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on North Carolina, with some activity in Texas and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of the most recent tax filing (2023):
- Total Assets: $1,740,086
- Total Revenues: $81,684
- Total Expenses: $231,216
- Total Liabilities: $0
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,654,556 | $1,740,086 | $1,889,618 |
| Revenue | $75,150 | $81,684 | $995,431 |
| Expenses | $160,680 | $231,216 | $161,840 |
| Qualifying Distributions | $158,735 | $230,208 | $159,840 |
| Net Investment Income | $74,114 | $80,676 | $9,209 |
| Distributable Amount | $83,260 | $89,238 | $50,704 |
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
213 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Young Life ($59,250), Edenton Street Church ($26,250), Raleigh Rescue Mission ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIANCE MEDICAL MINISTRY RALEIGH, NC | CHARITABLE | $1,000 |
| ANGEL MINISTRIES RALEIGH, NC | CHARITABLE | $1,000 |
| BOYSGIRLS CLUB-WAKE COUNTY RALEIGH, NC | CHARITABLE | $1,000 |
| CRU ORLANDO, FL | CHARITABLE | $1,950 |
| EDENTON STREET CHURCH RALEIGH, NC | CHARITABLE | $26,250 |
| ENLOC CHARITABLE BALL FUND RALEIGH, NC | CHARITABLE | $1,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES KANSAS CITY, MO | CHARITABLE | $2,500 |
| FINDING PURPOSE RALEIGH, NC | CHARITABLE | $1,000 |
| FIRST UNITED METHODIST LENOIR, NC | CHARITABLE | $500 |
| FOCUS RALEIGH NEW CANAAN, CT | CHARITABLE | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
John C. Morisey serves as Trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN C MORISEY JR | TRUSTEE | — | — |
| JOHN C MORISEY III | TRUSTEE | — | — |
| FRANCES D MORISEY | TRUSTEE | — | — |
Contact Information
Address: 3601 Williamsborough Court, Raleigh, NC 27609-6355
Telephone: 919-724-0896
Frequently Asked Questions
What does John & Frances Morisey Trust Account fund?
The foundation gives primarily for Christian organizations, with additional funding directed toward health associations and human services. Recent grant activity demonstrates support across education, philanthropy, voluntarism, and human services sectors.
How do I apply for a grant from John & Frances Morisey Trust Account?
The foundation has demonstrated consistent grantmaking activity, distributing $229,200 in grants during the most recent fiscal year. Grant amounts typically range from $250 to $105,250, with recent notable grants including: • $28,000 to Edenton Street United Methodist Church Building Endowment (2023) • $25,000 to Raleigh Rescue Mission (2023) • $2,500 to Fellowship of Christian Athletes (2023) • $250 to Project Enlightenment Foundation (2023) The foundation made 42 grants during the past year, …
Where does John & Frances Morisey Trust Account make grants?
The foundation's grantmaking focuses primarily on North Carolina, with some activity in Texas and New York.
What size grants does John & Frances Morisey Trust Account award?
In 2024, John & Frances Morisey Trust Account awarded 36 grants totaling $158K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is John & Frances Morisey Trust Account required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, John & Frances Morisey Trust Account reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is John & Frances Morisey Trust Account's EIN?
John & Frances Morisey Trust Account's EIN (Employer Identification Number) is 56-6419428. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in John & Frances Morisey Trust Account's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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