Rita Morgan Charitable Foundation Inc
Rita Morgan Charitable Foundation Inc is a private foundation based in Aventura, Florida. The foundation operates as a grantmaking organization focused on supporting charitable causes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-7.3% YoY
Annual Giving
$360K
+18.8% YoY
Grant Count
51
-10.5% YoY
Avg Grant Size
$7K
+32.8% YoY
Under IRS private-foundation payout rules, Rita Morgan Charitable Foundation Inc reported a distributable amount of $142K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Within education, the foundation has demonstrated particular interest in supporting science teachers and STEM education initiatives.
Grantmaking
The foundation primarily funds organizations in Florida, New Jersey, and New York.
Average Grant
amount data available from recent filings
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $2,329,311
- Total giving: $359,771
The foundation's financial data is derived from digitized IRS Form 990 filings.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,329,311 | $2,511,869 | $2,611,908 |
| Revenue | $259,791 | $170,050 | $54,369 |
| Expenses | $386,321 | $328,696 | $469,422 |
| Qualifying Distributions | $359,771 | $302,780 | $445,159 |
| Net Investment Income | $259,791 | $170,050 | $95,630 |
| Distributable Amount | $142,051 | $142,184 | $153,977 |
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
215 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brahmanda Saraswati Foundation ($90,500), University of Miami ($78,600), Brahmanda Saraswati Yagya Foundation ($48,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Actor's Playhouse Coral Gables, FL | Unrestricted | $14,500 |
| Alzheimer's Association Chicago, IL | Unrestricted | $150 |
| American Diabetes Association Arlington, VA | Unrestricted | $100 |
| American Friends of Magen David Adom New York, NY | Unrestricted | $1,000 |
| Baptist Hospital Cancer Center Miami, FL | Unrestricted | $1,000 |
| Bladder Cancer Advocacy Network Bethesda, MD | Unrestricted | $1,000 |
| Brahmanda Saraswati Foundation Maharishi Vedic City, IA | Unrestricted | $90,500 |
| Brahmanda Saraswati Yagya Foundation Fairfield, IA | Unrestricted | $48,500 |
| Broadway Cares New York, NY | Unrestricted | $8,000 |
| Bruce Sprinteen Archives Monmouth University West Long Branch, NJ | Unrestricted | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr Christopher Clark | Trustee | 5 | — |
| Jill Nusbaum | Trustee | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Rita Morgan Charitable Foundation Inc fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services Within education, the foundation has demonstrated particular interest in supporting science teachers and STEM education initiatives.
How do I apply for a grant from Rita Morgan Charitable Foundation Inc?
**Grant Amounts:** • Typical awards range from $100 to $131,148 • Average grant amount data available from recent filings **Geographic Focus:** The foundation primarily funds organizations in Florida, New Jersey, and New York. **Recent Activity:** Based on the most recent IRS Form 990 filing (2024), the foundation made grants totaling $359,771.
What size grants does Rita Morgan Charitable Foundation Inc award?
In 2024, Rita Morgan Charitable Foundation Inc awarded 51 grants totaling $360K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Rita Morgan Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rita Morgan Charitable Foundation Inc reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rita Morgan Charitable Foundation Inc's EIN?
Rita Morgan Charitable Foundation Inc's EIN (Employer Identification Number) is 81-4807744. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rita Morgan Charitable Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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