John & Frances Morisey Trust Account
The John & Frances Morisey Trust Account is a private foundation based in Raleigh, North Carolina. Its 2025 filing reports charitable grants to organizations that include churches and Christian ministries, a rescue mission, schools, and health-service organizations.
Key facts about John & Frances Morisey Trust Account
In short: John & Frances Morisey Trust Account gave $197K across 37 grants in 2025 (avg $5K), mostly in North Carolina. 3% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 56-6419428
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $197,350
- Grants made (2025)
- 37
- Average grant
- $5,334
- Median grant
- $1,000
- New grantees (estimate)
- 3% first-time grantees (1 of 37, 2025)
- Total assets
- $1,519,999
- Primary geography
- North Carolina (95% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.5M
-8.1% YoY
Annual Giving
$197K
+25.1% YoY
Grant Count
37
+2.8% YoY
Avg Grant Size
$5K
+21.8% YoY
Under IRS private-foundation payout rules, John & Frances Morisey Trust Account reported a distributable amount of $78K for 2025 — the minimum it must pay out in qualifying distributions.
Is John & Frances Morisey Trust Account open to new grantees?
3%
first-time grantees, 2025
In 2025, 1 of 37 grantees (3%) were first-time recipients. First grants averaged $250; repeat grants $5K. How we count
Medians: $250 first-time, $1K repeat.
- 86% of 2025 grantees were also funded in 2024. Method
- Giving grew 23% from 2022 to 2025. Method
- In 2025 it paid out 255% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in areas including Christian ministry, education, health services, and human services. The grantees describe their own work in varied terms: St. David’s School says it prepares students for college and life through Christian faith, virtue, and knowledge; Alliance Medical Ministry says it provides medical services to uninsured, low-income individuals; and Hope Reins describes pairing children and teens experiencing trauma with a rescued horse and mentor as part of its work toward hope and healing.
Grantmaking
In filing year 2025, the foundation made 37 grants totaling $197,350. Grant amounts ranged from $250 to $56,200, with a median grant of $1,000. The largest reported grants included $56,200 to Young Life, $53,500 to Edenton Street Church, and $25,000 to Raleigh Rescue Mission, all in Raleigh, North Carolina. Other grants included $10,000 each to Heart Cry Childrens Ministry and NC Study Center.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with John & Frances Morisey Trust Account?
Geographic Focus
Where this funder awards grants
In 2025, 95% of grant dollars went to recipients in North Carolina. The remaining reported shares were 1% each for Missouri, Connecticut, Florida, and Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 37 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $158K (2024) to $1.1M (2019). In 2025 it made 37 grants totaling $197K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Young Life ($56K). Together the top 10 received $174K.
Grant Size Distribution
204 grants across all recorded years
The most common grant size was under $50K: 197 grants of 204 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Life Raleigh, NC | Charitable | $56,200 |
| Edenton Street Church Raleigh, NC | Charitable | $53,500 |
| Raleigh Rescue Mission Raleigh, NC | Charitable | $25,000 |
| Heart Cry Childrens Ministry Raleigh, NC | Charitable | $10,000 |
| NC Study Center Chapel Hill, NC | Charitable | $10,000 |
| Neighbor Health Raleigh, NC | Charitable | $6,500 |
| Neighbor to Neighbor Raleigh, NC | Charitable | $5,000 |
| Fellowship of Christian Athletes Kansas City, MO | Charitable | $2,500 |
| Focus Raleigh New Canaan, CT | Charitable | $2,500 |
| St David's School Raleigh, NC | Charitable | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $1,519,999 | $65,993 | $200,550 | $197,350 |
| 2024 | $1,654,556 | $75,150 | $160,680 | $157,700 |
| 2023 | $1,740,086 | $81,684 | $231,216 | $229,200 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,519,999 | $1,654,556 | $1,740,086 |
| Revenue | $65,993 | $75,150 | $81,684 |
| Expenses | $200,550 | $160,680 | $231,216 |
| Qualifying Distributions | $198,450 | $158,735 | $230,208 |
| Net Investment Income | $64,893 | $74,114 | $80,676 |
| Distributable Amount | $77,947 | $83,260 | $89,238 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John C Morisey Jr, John C Morisey III, and Frances D Morisey as trustees.
John & Frances Morisey Trust Account's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Frances D. Morisey
Trustee
On filings since 2019
No compensation reported
John C. Morisey III
Trustee
On filings since 2019
No compensation reported
John C. Morisey Jr.
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 3601 Williamsborough Court, Raleigh, NC 27609
Phone: (919) 724-0896
Frequently asked questions about John & Frances Morisey Trust Account
How much does John & Frances Morisey Trust Account give each year?
John & Frances Morisey Trust Account gave $197K across 37 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $158K across 36 grants.
What is John & Frances Morisey Trust Account's typical grant size?
John & Frances Morisey Trust Account's median grant in 2025 was $1,000, and its average grant was $5,334, across 37 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from John & Frances Morisey Trust Account that year got $250 on average.
Where does John & Frances Morisey Trust Account give grants?
John & Frances Morisey Trust Account gives mostly in North Carolina: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Raleigh, NC (25 grants) and Chapel Hill, NC (2 grants).
Does John & Frances Morisey Trust Account give general operating support?
Occasionally: 3% of John & Frances Morisey Trust Account's 2025 grants with a stated purpose (1 of 37) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Charitable" (36 grants).
Who are John & Frances Morisey Trust Account's largest grantees?
John & Frances Morisey Trust Account's largest 2025 grantees include Young Life ($56,200), Edenton Street Church ($53,500) and Raleigh Rescue Mission ($25,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.
How large is John & Frances Morisey Trust Account?
John & Frances Morisey Trust Account reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $198K in qualifying distributions that year, against a required minimum of $78K (roughly 5% of its investment assets).
What does John & Frances Morisey Trust Account fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in areas including Christian ministry, education, health services, and human services. The grantees describe their own work in varied terms: St. See mission & focus areas ↑
How do I apply for a grant from John & Frances Morisey Trust Account?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does John & Frances Morisey Trust Account accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching John & Frances Morisey Trust Account by hand.
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Cite this profile
Grantable. (2026). John & Frances Morisey Trust Account funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/john-and-frances-morisey-trust-account-morg_3084218198794b4b898222031ec01e7c
BibTeX
@misc{grantable_566419428_2026,
author = {{Grantable}},
title = {{John \& Frances Morisey Trust Account funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/john-and-frances-morisey-trust-account-morg_3084218198794b4b898222031ec01e7c},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from John & Frances Morisey Trust Account'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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