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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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