Morean Family Foundation Inc

Private foundation · Grantmaker St Petersburg, FL EIN: 59-3712705

Morean Family Foundation Inc is a private foundation, based in St Petersburg, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grant totaling $29K.

Key facts about Morean Family Foundation Inc

In short: Morean Family Foundation Inc gave $29K across 1 grant in 2024 (avg $29K), mostly in Montana. Source: 2024 IRS Form 990-PF.

EIN
59-3712705
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$29,000
Grants made (2024)
1
Average grant
$29,000
Median grant
$29,000
Total assets
$1,488,606
Primary geography
Montana (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-2.5% YoY

Annual Giving

$29K

-56.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$29K

-56.2% YoY

Under IRS private-foundation payout rules, Morean Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

How Morean Family Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+14%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2024 grant dollars on its one itemized grant.

Cities

St PetersburgHollandBozemanEdgecombPortland

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2020 2 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $20K (2022) to $66K (2023). In 2024 it made 1 grant totaling $29K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Montana State University: $29KMontana State University$29K

The largest 2024 recipient was Montana State University ($29K).

Grant Size Distribution

8 grants across all recorded years

7<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Montana State University Bozeman, MTCharitable$29,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,488,606$1,527,532$1,635,056
Revenue$169,178$132,800$199,654
Expenses$208,104$240,324$75,524
Qualifying Distributions$32,613$90,092$52,530
Distributable Amount$3,232—$4,466

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Morean Family Foundation Inc is led by Beth Ann Morean, Director & President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Beth Ann Morean

    Director & President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sean W Manning

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Shannon A Manning

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: William D Morean (2020–2023) — Director

Data from IRS Form 990 filings, 2020–2024. "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 Morean Family Foundation Inc

How much does Morean Family Foundation Inc give each year?

Morean Family Foundation Inc gave $29K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $66K across 1 grant.

How large is Morean Family Foundation Inc?

Morean Family Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

Where does Morean Family Foundation Inc operate?

Morean Family Foundation Inc has awarded grants in Florida, Maine, Michigan, Montana, Oregon.

What is Morean Family Foundation Inc's EIN?

Morean Family Foundation Inc's EIN (Employer Identification Number) is 59-3712705. IRS Form 990 filing data is available on this page for 2020–2024.

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

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