Morley Charles TW

Foundation · Grantmaker Brooklyn, OH EIN: 34-6506110

Morley Charles TW is a private foundation focused on Education, based in Brooklyn, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.6M in total assets. In 2025, it awarded 2 grants totaling $590K. Net investment income was $393K.

Key facts about Morley Charles TW

In short: Morley Charles TW gave $590K across 2 grants in 2025 (avg $295K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

EIN
34-6506110
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$590,002
Grants made (2025)
2
Average grant
$295,001
Median grant
$295,001
Total assets
$5,581,974
Primary geography
Ohio (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.6M

-4.2% YoY

Annual Giving

$590K

+208.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$295K

+208.0% YoY

Under IRS private-foundation payout rules, Morley Charles TW reported a distributable amount of $328K for 2025 — the minimum it must pay out in qualifying distributions.

How Morley Charles TW gives

  • Giving grew 165% from 2022 to 2025. Method
  • In 2025 it paid out 183% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2025 grant dollars.

States

Cities

Painesville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K2 grants20202 grants20212 grants20222 grants20232 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Lake Erie College: $468KLake Erie College$468KMorley Library: $122KMorley Library$122K

Grant Size Distribution

10 grants across all recorded years

4<$50K$50–100K5$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
LAKE ERIE COLLEGE Painesville, OHGENERAL OPERATING$467,911
MORLEY LIBRARY Painesville, OHGENERAL OPERATING SUPPORT$122,091

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M202020212022202320242025
Metric202520242023
Total Assets$5,581,974$5,825,147$5,517,179
Revenue$422,967$564,898$67,852
Expenses$666,142$256,586$263,465
Qualifying Distributions$600,299$201,553$212,337
Net Investment Income$392,970$538,195$53,229
Distributable Amount$328,152$301,914$273,623

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 1, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 9, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 2, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  7. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
  8. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 1, 2022)
  9. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 9, 2023)
  10. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
  11. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 2, 2025)
  12. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

Morley Charles TW's only listed officer is Keybank N A, Trustee on every filing since 2024 (compensated).

Officers on the 2025 filing

  • Keybank N A

    Trustee

    On filings since 2024

    1 hr/week

    $36K (2024) → $40K (2025)

Former officers (1)
  • Former: Keybank National Association (2020–2023) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Keybank N a — Trustee: $40KKeybank N aTrustee$40K

Frequently asked questions about Morley Charles TW

How much does Morley Charles TW give each year?

Morley Charles TW gave $590K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $192K across 2 grants.

How large is Morley Charles TW?

Morley Charles TW reported $5.6M in total assets on its 2025 IRS Form 990-PF. It paid out $600K in qualifying distributions that year, against a required minimum of $328K (roughly 5% of its investment assets).

What is Morley Charles TW?

Morley Charles TW is a private foundation focused on Education, based in Brooklyn, OH. It holds $5.6M in total assets as of 2025.

Where does Morley Charles TW operate?

Morley Charles TW has awarded grants in Ohio.

What is Morley Charles TW's EIN?

Morley Charles TW's EIN (Employer Identification Number) is 34-6506110. 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.

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