Morgan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 10 grants totaling $325K. Net investment income was $197K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
-3.2% YoY
Annual Giving
$325K
+100.3% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$33K
+80.3% YoY
Under IRS private-foundation payout rules, Morgan Family Foundation reported a distributable amount of $289K for 2024 — the minimum it must pay out in qualifying distributions.
About Morgan Family Foundation
Based on IRS filings
Morgan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 10 grants totaling $325K. Net investment income was $197K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,846,696 | $3,974,411 | $3,944,012 |
| Revenue | $204,419 | $206,389 | $216,187 |
| Expenses | $332,134 | $175,990 | $307,427 |
| Qualifying Distributions | $325,000 | $162,250 | $256,000 |
| Net Investment Income | $196,583 | $189,481 | $198,003 |
| Distributable Amount | $289,185 | $266,763 | $312,149 |
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
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Prager University ($225,000), Bainbridge Island Historical Museum ($20,000), Semper Fi & America's Fund ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIANCE DEFENDING FREEDOM SCOTTSDALE, AZ | GENERAL CHARITABLE | $5,000 |
| BAINBRIDGE ISLAND HISTORICAL MUSEUM BAINBRIDGE ISLAND, WA | GENERAL CHARITABLE | $20,000 |
| THE AMALFI FOUNDATION AGOURA HILLS, CA | GENERAL CHARITABLE | $15,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | GENERAL CHARITABLE | $10,000 |
| SEMPER FI & AMERICA'S FUND OCEANSIDE, CA | GENERAL CHARITABLE | $20,000 |
| PRAGER UNIVERSITY OWINGS MILLS, MD | GENERAL CHARITABLE | $225,000 |
| PRISON FELLOWSHIP MINISTRIES FOUNDATION LANSDOWNE, VA | GENERAL CHARITABLE | $5,000 |
| RAINBOW OF MAGNOLIA FOUNTAINS OF LIFE SEATTLE, WA | GENERAL CHARITABLE | $15,000 |
| UNION GOSPEL MISSION SEATTLE, WA | GENERAL CHARITABLE | $5,000 |
| BAINBRIDGE COMMUNITY FOUNDATION BAINBRIDGE ISLAND, WA | GENERAL CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS E MORGAN III | PRESIDENT, TREASURER | — | — |
| LAURIE H MORGAN | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Morgan Family Foundation?
Morgan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. It holds $3.8M in total assets as of 2024.
How large is Morgan Family Foundation?
As of 2024, Morgan Family Foundation holds $3.8M in total assets with $204K in annual revenue. It awarded 10 grants totaling $325K in 2024.
Where does Morgan Family Foundation operate?
Morgan Family Foundation has awarded grants in Arizona, California, Colorado, Maryland, Michigan, Missouri, Virginia, Washington.
What size grants does Morgan Family Foundation award?
In 2024, Morgan Family Foundation awarded 10 grants totaling $325K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Morgan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Morgan Family Foundation reported a distributable amount of $289K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morgan Family Foundation's EIN?
Morgan Family Foundation's EIN (Employer Identification Number) is 91-1815410. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morgan Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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