Morgan Family Foundation Inc
Morgan Family Foundation Inc is a private foundation based in Bozeman, Montana. The foundation was established in 2015 and operates as a 501(c)(3) charitable organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.1M
+24.4% YoY
Annual Giving
$834K
+18.2% YoY
Grant Count
30
+25.0% YoY
Avg Grant Size
$28K
-5.5% YoY
Under IRS private-foundation payout rules, Morgan Family Foundation Inc reported a distributable amount of $469K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Animal Rescue and Dog Rescues
- Wildlife
Grantmaking
The foundation is not currently accepting new Letters of Inquiry.
Grant Range
s & Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Indiana
- Montana
- Maryland
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $7,337,527–$9,128,328
- Total revenues: $1,296,706
- Total expenses: $751,793
- Total grants and contributions: $608,301
- Investment income and dividends: $184,445
- Net gain from sale of non-inventory assets: $503,960
Staffing:
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,128,328 | $7,337,527 | $6,981,822 |
| Revenue | $3,173,930 | $1,296,706 | $1,005,618 |
| Expenses | $902,540 | $751,793 | $695,954 |
| Qualifying Distributions | $839,245 | $712,376 | $651,532 |
| Net Investment Income | $1,276,043 | $648,988 | $563,475 |
| Distributable Amount | $468,863 | $396,803 | $411,346 |
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
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of La Porte County ($135,675), Help Center Inc ($100,000), La Porte County Juvenile Task Force ($91,248).
| Recipient | Purpose | Amount |
|---|---|---|
| La Porte County Juvenile Task Force La Porte, IN | GENERAL | $91,248 |
| Fly High Youth Services Michigan City, IN | GENERAL | $20,000 |
| Humane Society of Northwest Montana Kalispell, MT | GENERAL | $5,000 |
| New Covenant Outreach Ministries Michigan City, IN | GENERAL | $28,000 |
| The Temple Total Fitness Michigan City, IN | GENERAL | $17,350 |
| Butte SPIRIT Center Butte, MT | GENERAL | $25,000 |
| Help Center Inc Bozeman, MT | GENERAL | $100,000 |
| Thrive Bozeman, MT | GENERAL | $25,000 |
| Center for Creative Solutions Inc La Porte, IN | GENERAL | $2,000 |
| Fried's Cat Shelter Inc Michigan City, IN | GENERAL | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Alyce Morgan – President
- Lucille Curran – Vice President
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The Morgan Family Foundation has committed to investing in the Joint Venture Education Initiative, demonstrating continued engagement in education-focused grantmaking.
Community Foundation of Morgan County Awards $10,000 to Youth First \u2013\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Morgan Family Foundation Inc fund?
The foundation's grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Animal Rescue and Dog Rescues • Wildlife
How do I apply for a grant from Morgan Family Foundation Inc?
**Grant Sizes & Activity:** • Typical grant awards range from $1,000 to $150,000 • Median grant amount: $25,000 • The foundation made 22-24 grants in recent years • Total annual giving: approximately $712,000–$833,969 **Recent Grant Recipients (2023):** • United Way of La Porte County: $150,000 • Unity Foundation of La Porte County: $50,000 • Spay Montana: $50,000 **Application Status:** The foundation is not currently accepting new Letters of Inquiry.
Where does Morgan Family Foundation Inc make grants?
The foundation primarily funds organizations in: • Indiana • Montana • Maryland
What size grants does Morgan Family Foundation Inc award?
In 2024, Morgan Family Foundation Inc awarded 30 grants totaling $834K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is Morgan Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Morgan Family Foundation Inc reported a distributable amount of $469K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morgan Family Foundation Inc's EIN?
Morgan Family Foundation Inc's EIN (Employer Identification Number) is 46-4245754. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morgan Family Foundation Inc'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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