Morgan Family Foundation Inc

PLEASANTON, CA EIN: 91-2081052

Morgan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLEASANTON, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $367K. Net investment income was $164K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-10.8% YoY

Annual Giving

$367K

-4.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$367K

-4.7% YoY

Under IRS private-foundation payout rules, Morgan Family Foundation Inc reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About Morgan Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $2.1M (100%)

States

California

Cities

Pleasanton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,787,183	$2,003,693	$2,422,737
Revenue	$66,169	$79,851	$7,901
Expenses	$586,743	$585,785	$593,809
Qualifying Distributions	$574,121	$600,222	$545,015
Net Investment Income	$164,291	$101,241	$58,670
Distributable Amount	$71,789	$87,017	$112,126

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Statement ($366,730).

Recipient	Purpose	Amount
SEE STATEMENT Pleasanton, CA	.	$366,730

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KILE MORGAN JR	PRESIDENT	—	—
JUDY L MORGAN	VICE PRESIDENT	—	—
LINDA F MORASCH	SECRETARY/TREASURER	—	—
Loree D Durham	Executive Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Morgan Family Foundation Inc?

Morgan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLEASANTON, CA. It holds $1.8M in total assets as of 2024.

How large is Morgan Family Foundation Inc?

As of 2024, Morgan Family Foundation Inc holds $1.8M in total assets with $66K in annual revenue. It awarded 1 grants totaling $367K in 2024.

Where does Morgan Family Foundation Inc operate?

Morgan Family Foundation Inc has awarded grants in California.

What size grants does Morgan Family Foundation Inc award?

In 2024, Morgan Family Foundation Inc awarded 1 grants totaling $367K — an average of about $367K 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 $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.