The Morabito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 6 grants totaling $110K. Net investment income was $70K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+26.1% YoY
Annual Giving
$110K
+29.4% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$18K
+29.4% YoY
Under IRS private-foundation payout rules, The Morabito Family Foundation reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
About The Morabito Family Foundation
Based on IRS filings
The Morabito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 6 grants totaling $110K. Net investment income was $70K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,883,266 | $1,492,975 | $1,198,902 |
| Revenue | $506,666 | $382,869 | $527,587 |
| Expenses | $116,375 | $88,796 | $30,466 |
| Qualifying Distributions | $110,000 | $85,000 | $30,000 |
| Net Investment Income | $70,019 | $42,080 | $47,587 |
| Distributable Amount | $87,013 | $61,956 | $36,860 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Epiphany of the Lord (st Vincent Depaul) ($50,000), John Paul Ii Foundation ($20,000), University of Charleston ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EPIPHANY OF THE LORD (ST VINCENT DEPAUL) KATY, TX | EMERGENCY ASSISTANCE TO AREA RESIDENTS IN NEED | $50,000 |
| UNIVERSITY OF CHARLESTON CHARLESTON, WV | SUPPORT OF THE UNIVERSITY | $10,000 |
| JOHN PAUL II FOUNDATION HOUSTON, TX | CONTINUING EDUCATION FOR HEALTH CARE PROFESSIONALS, MARRIAGE AND FAMILY CLASSES, CLERGY INITIATIVES | $20,000 |
| COMPUDOPT HOUSTON, TX | GENERAL SUPPORT | $10,000 |
| BOOKS FOR DEVELOPMENT HOUSTON, TX | GENERAL SUPPORT | $10,000 |
| ST VINCENT DE PAUL HOUSTON, TX | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP A MORABITO | PRESIDENT | — | — |
| JOAN R MORABITO | SECRETARY | — | — |
| BEVERLY MORABITO | DIRECTOR | — | — |
| AUDREY MORABITO | DIRECTOR | — | — |
| GRACE MORABITO | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Morabito Family Foundation?
The Morabito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $1.9M in total assets as of 2024.
How large is The Morabito Family Foundation?
As of 2024, The Morabito Family Foundation holds $1.9M in total assets with $507K in annual revenue. It awarded 6 grants totaling $110K in 2024.
Where does The Morabito Family Foundation operate?
The Morabito Family Foundation has awarded grants in Colorado, Florida, New York, Tennessee, Texas, West Virginia.
What size grants does The Morabito Family Foundation award?
In 2024, The Morabito Family Foundation awarded 6 grants totaling $110K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Morabito Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Morabito Family Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Morabito Family Foundation's EIN?
The Morabito Family Foundation's EIN (Employer Identification Number) is 83-2817998. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Morabito Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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