Morgan Family Foundation
Morgan Family Foundation is a private foundation, based in Carmel, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $435K in total assets. In 2025, it awarded 1 grant totaling $75K. Net investment income was $45K.
Morgan Family Foundation at a glance
In short: Morgan Family Foundation gave $75K across 1 grant in 2025 (avg $75K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $75,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $75,000
- +0.0% vs 2024
- Median grant
- $75,000
- Total assets
- $434,745
- +754.5% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Morgan Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Heritage Christian School ($75K).
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 27 grants of 31 (87%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Morgan Family Foundation gives
- Giving held roughly steady from 2022 to 2025 (−20%). Method
- In 2025 it paid out 262% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $75K (2024) to $177K (2021). In 2025 it made 1 grant totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Heritage Christian School Indianapolis, IN | Ministry Donation | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $434,745 | $824,363 | $77,618 | $75,000 | 1 | $75,775 | $44,725 | $28,894 |
| 2024 | $50,878 | $77,901 | $76,501 | $75,000 | 1 | $75,750 | $2,150 | $24,596 |
| 2023 | $49,478 | $99,329 | $93,788 | $88,500 | 6 | $91,139 | $7,944 | $17,304 |
| 2022 | $330,782 | $84,064 | $96,652 | $93,500 | 10 | $94,200 | $8,363 | $16,454 |
| 2021 | $342,115 | $62,562 | $178,839 | $176,800 | 13 | $177,450 | $61,911 | $18,297 |
| 2020 | $435,876 | $367,464 | $93,213 | $91,500 | 23 | — | $30,069 | $7,262 |
Under IRS private-foundation payout rules, Morgan Family Foundation reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Morgan Family Foundation is led by Roxanna L. Morgan, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Roxanna L. Morgan
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Morgan Family Foundation
How much does Morgan Family Foundation give each year?
Morgan Family Foundation gave $75K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $75K across 1 grant.
How large is Morgan Family Foundation?
Morgan Family Foundation reported $435K in total assets on its 2025 IRS Form 990-PF. It paid out $76K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).
Where does Morgan Family Foundation operate?
Morgan Family Foundation has awarded grants in Arizona, California, Colorado, Florida, Indiana, Missouri, North Dakota, New Hampshire, Tennessee, Texas, Vermont, Wisconsin.
What is Morgan Family Foundation's EIN?
Morgan Family Foundation's EIN (Employer Identification Number) is 35-2124850. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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