Morgan Family Foundation
The Morgan Family Foundation is a private family foundation based in Yellow Springs, Ohio, established in December 2003 by Lee and Vicki Morgan. The foundation was created following the recapitalization of the Morgan family's business, The Antioch Company. As a 501(c)(3) organization, it operates as a philanthropic grantmaking foundation with a commitment to advancing social change through strategic charitable giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52.5M
+5.9% YoY
Annual Giving
$2.1M
+0.2% YoY
Grant Count
109
-44.9% YoY
Avg Grant Size
$20K
+82.0% YoY
Mission & Focus Areas
The foundation's purpose is to advance the human condition and provide opportunities to those willing to enact positive change in themselves or the world around them. The foundation seeks "a just society in which all individuals have ample opportunities to thrive" where outcomes are not determined by personal characteristics or group membership.
The foundation currently focuses grantmaking on three distinct theme areas:
- Social Equity: Advancing social equity in St. Cloud, Minnesota
- Global Warming: Mitigating global warming throughout Minnesota
- End-of-Life Issues: Addressing end-of-life issues in central Minnesota
Historically, the foundation has supported education and social and human services, with approximately 41% of grants going to education, 19% to social and human services, and 7% to environmental causes.
Grantmaking
Most foundation grants are awarded to 501(c)(3) public charities. The foundation does not make grants to individuals or for lobbying legislation or influencing public elections. The foundation awards occasional grants to pre-selected public charities in other localities and for other purposes.
Grant Range
s & Amounts:**
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's primary geographic focus areas are:
- St. Cloud, Minnesota (primary focus for social equity and end-of-life initiatives)
- Minnesota statewide (for global warming mitigation)
- Central Minnesota (for end-of-life issues)
- Yellow Springs, Ohio (headquarters location and secondary focus area)
Approximately 49% of grants remain in Minnesota, with four other states receiving a large number of grants: Ohio, North Carolina, Oregon, and California. The foundation supports initiatives across numerous cities and states in the United States.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets: $52.5 million (2024)
- Total assets have grown from $43.2 million in 2011 to $52.5 million in 2024
Annual Financial Activity:
- Annual income: $6.9 million (2024)
- Revenue: $2.4 million (2024)
- Expenses: $3.3 million (2024)
- Total liabilities: $790,000 (2024)
Tax Status:
- Tax-exempt since October 2003
- Contributions are tax deductible
- IRS Ruling Year: 2003
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $52,483,633 | $49,554,840 | $46,232,673 |
| Revenue | $2,391,716 | $6,320,814 | $2,767,106 |
| Expenses | $3,299,421 | $3,371,182 | $3,355,794 |
| Qualifying Distributions | $2,653,837 | $2,711,375 | $2,706,018 |
| Net Investment Income | $2,126,004 | $6,131,716 | $2,480,531 |
| Distributable Amount | $2,485,096 | $2,243,926 | $2,399,998 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from Morgan Family Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Lee M. Morgan: President and Founder
- Victoria A. Morgan (Vicki Morgan): Vice President and Founder
- Lori M. Kuhn: Executive Director and Secretary
- Heather Cusack: Program Officer (Global Warming program)
- Jama Mohamed: Program Officer (Social Equity and End-of-Life programs)
The foundation is governed by 11 officers and trustees. The board strives for consensus decision-making consistent with the Quaker heritage of the Morgan family.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEE M MORGAN | PRESIDENT | 1.25 | $5,000 |
| VICTORIA A MORGAN | VICE PRESIDENT | 1 | $4,750 |
| BARCLAY CARRIAR | TREASURER | 1 | $4,750 |
| ASHA MORGAN MORAN | DIRECTOR | 1 | $4,000 |
| ERIC HART | DIRECTOR | 1 | $4,000 |
| ERICA SMITH | DIRECTOR | 1 | $2,750 |
| JUDITH THOMPSON | DIRECTOR | 1 | $4,250 |
| RONALD BRANDENBURG | DIRECTOR | 1 | $4,000 |
| LORI M KUHN | EXEC. DIRECTOR/SECRETARY | 40 | $177,000 |
| STEPHEN T WILLIAMS | CFO/ASSISTANT TREASURER | 30 | $104,676 |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting clean energy initiatives and education programs. Recent grantmaking has included support for community-based clean energy projects and investments in education initiatives. The foundation has awarded over $46-47 million in grants to various charitable organizations since its establishment.
2024 CERTs Seed Grants awarded to 45 community-based clean ...Contact Information
- Address: 506 S. High Street, Suite B, Yellow Springs, Ohio 45387
- Phone: 937-767-9208
- Email: info@morganfamilyfdn.org
- Website: morganfamilyfdn.org
- Staff: 3 employees
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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