John E Morgan Foundation Inc

NEW YORK, NY EIN: 56-2290010

The John E Morgan Foundation Inc is a private grantmaking foundation established in Pennsylvania and designated as a 501(c)(3) organization. The foundation has been tax-exempt since May 2003. It operates as an independent foundation with a primary focus on higher education and related charitable purposes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$59.0M

+1.8% YoY

Annual Giving

$5.0M

+31.2% YoY

Grant Count

51

+0.0% YoY

Avg Grant Size

$98K

+31.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving primarily supports higher education. Recent grant activity indicates funding interests that extend to education programs, scholarship endowments, and community-based initiatives in food security and human services.

Grantmaking

The foundation makes grants ranging from approximately $3,000 to $1,350,000. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation funds organizations primarily in Pennsylvania, with recent grants supporting institutions and organizations across the state.

Grant Distribution by State

1states

States

Cities

BloomsburgCoaldaleKutztownMarydMediaNew RinggoldPottsvilleReadingSchnecksvilleTamaquaUniversity Park

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $58,957,910
  • Total Revenues: $6,571,834
  • Total Expenses: $5,556,996
  • Investment Income and Dividends: $1,895,303

As of December 2023:

  • Total Assets: $57.9M
  • Total Revenues: $4.61M
  • Total Expenses: $4.23M
  • Total Liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$58,957,910$57,942,516$57,564,353
Revenue$6,571,834$4,605,851$2,951,349
Expenses$5,556,996$4,233,265$4,544,383
Qualifying Distributions$5,261,309$4,048,629$4,295,352
Net Investment Income$6,390,271$4,449,542$2,795,894
Distributable Amount$4,820,471$4,227,750$4,306,350

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M47 grants202044 grants202145 grants202251 grants202351 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HELPING HARVEST$1.4MBOROUGH OF TAMAQUA$720KTHE PENNSYLVANIA STATE U…$600KBLOOMSBURG UNIVERSITY FO…$500KKUTZTOWN UNIVERSITY FOUN…$500KGOOD SHEPARD$400KTAMAQUA AREA SCHOOL DIST…$228KSCHUYLKILL COUNTY UNITED…$120KLEHIGH CARBON COMMUNITY …$117KLEHIGH CARBON COMMUNITY …$62K

Grant Size Distribution

236 grants across all recorded years

177<$50K14$50–100K18$100–250K8$250–500K17$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's trustees include James Zigmant and John Eddy.

Compensation Overview

From 2024 IRS filing

JAMES ZIGMANTTREASURER/VICE CHAIRMAN/DI$34KROBERT HILLKIRKVICE PRESIDENT/DIRECTOR$34KJAY WAGNERPAID TO ST…SECRETARY/DIRECTOR$34KJON ZIZELMANNDIRECTOR$34K

From 2024 filing

NameTitleHoursCompensation
JAMES ZIGMANTTREASURER/VICE CHAIRMAN/DI5$33,687
ROBERT HILLKIRKVICE PRESIDENT/DIRECTOR5$33,687
JAY WAGNERPAID TO STEVENS AND LEESECRETARY/DIRECTOR5$33,687
JON ZIZELMANNDIRECTOR5$33,687

Recent News & Activity

Recent developments and announcements

The foundation has established endowments for scholarships at Pennsylvania universities, including a $1 million endowment for scholarships at Penn State Hazleton. The foundation has also provided significant support to Rutgers University for early childhood learning initiatives and has been recognized as a foundation partner for its philanthropic contributions.

John E. Morgan Foundation establishes $1 million endowment for scholarships

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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