Morgan Le Fay Dreams Foundation

Foundation · Grantmaker ALBANY, NY EIN: 20-8083502

Morgan Le Fay Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 3 grants totaling $8.1M. Net investment income was $45K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$8.1M

+7462.4% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$2.7M

+2420.8% YoY

Under IRS private-foundation payout rules, Morgan Le Fay Dreams Foundation reported a distributable amount of $290K for 2022 — the minimum it must pay out in qualifying distributions.

About Morgan Le Fay Dreams Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $8.4M (100%)

Florida $5K (0%)

States

Florida New York

Cities

AlbanyOssiningSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$8,054,208	$8,160,538
Revenue	$44,884	$832	$522,951
Expenses	$8,099,092	$107,162	$191,191
Qualifying Distributions	$8,099,092	$107,057	—
Net Investment Income	$44,884	$832	$22,951
Distributable Amount	$290,396	$398,131	$381,646

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Ayco Charitable Foundation ($8,066,124), Riverkeeper ($25,000), Combat Wounded Veteran Challenge Inc ($5,000).

Recipient	Purpose	Amount
Riverkeeper Ossining, NY	GENERAL CHARITABLE PURPOSES	$25,000
Combat Wounded Veteran Challenge Inc St Petersburg, FL	GENERAL CHARITABLE PURPOSES	$5,000
Ayco Charitable Foundation Albany, NY	GENERAL CHARITABLE PURPOSES	$8,066,124

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
Paul A McCulley	President/CEO	1	—
Robert D Renn	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Morgan Le Fay Dreams Foundation?

Morgan Le Fay Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. It holds — in total assets as of 2022.

Where does Morgan Le Fay Dreams Foundation operate?

Morgan Le Fay Dreams Foundation has awarded grants in Florida, New York.

What size grants does Morgan Le Fay Dreams Foundation award?

In 2022, Morgan Le Fay Dreams Foundation awarded 3 grants totaling $8.1M — an average of about $2.7M per grant, based on its IRS Form 990 filings.

How much is Morgan Le Fay Dreams Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Morgan Le Fay Dreams Foundation reported a distributable amount of $290K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Morgan Le Fay Dreams Foundation's EIN?

Morgan Le Fay Dreams Foundation's EIN (Employer Identification Number) is 20-8083502. IRS Form 990 filing data is available on this page for 2020–2022.