The Morgan Family Foundation Inc

LUTHERVILLE, MD EIN: 52-1853976

The Morgan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUTHERVILLE, MD. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $17K in total assets. In 2023, it awarded 16 grants totaling $54K. Net investment income was $287.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$17K

+71.8% YoY

Annual Giving

$54K

+6.5% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$3K

+33.1% YoY

Under IRS private-foundation payout rules, The Morgan Family Foundation Inc reported a distributable amount of $30 for 2023 — the minimum it must pay out in qualifying distributions.

About The Morgan Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $112K (85%)

Florida $10K (7%)

New Hampshire $6K (5%)

Washington $2K (2%)

Colorado $1K (1%)

Illinois $250 (0%)

District of Columbia $200 (0%)

New York $200 (0%)

+2 more states

States

California Colorado District of Columbia Florida Illinois Maryland New Hampshire New York Texas Washington

Cities

AndoverBaltimoreBel AirButtlerCatonsvilleCockeysvilleColorado SpringsCumberlandDallasEdgewaterEllicott CityEssexFt MyersGolfIrvingLuthervilleMillersvilleNew RochelleOwings MillsReisterstown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2020
Total Assets	$16,697	$9,721	$13,969
Revenue	$126,283	$110,670	$38,195
Expenses	$119,307	$114,573	$34,346
Qualifying Distributions	$51,120	$50,820	—
Net Investment Income	$287	$273	$334
Distributable Amount	$30	$31	$22

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 2023

Grant Size Distribution

61 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include The Jemicy School ($23,785), Highland School ($3,610), Calvert Hall College ($3,225).

Recipient	Purpose	Amount
ARCHBISHOP CURLEY HS BALTIMORE, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$3,000
ARCHBISHOP CURLEY HS BALTIMORE, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$3,000
BISHOP WALSH SCHOOL CUMBERLAND, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$2,000
BOYS LATIN SCHOOL TOWSON, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$1,000
CALVERT HALL COLLEGE BALTIMORE, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS.	$3,225
HIGHLAND SCHOOL BEL AIR, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$3,610
LOYOLA HIGH SCHOOL TOWSON, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$500
MARYVALE PREPARATORY SCHOOL LUTHERVILLE, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$2,000
MERCEY HIGH SCHOOL BALTIMORE, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$1,000
MOUNT DE SALES ACADEMY CATONSVILLE, MD	TO PROVIDE FUNDS FOR THE ORGANIZATION'S GENERAL PURPOSES WITHOUT ANY RESTRICTIONS	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
JAMES G MORGAN	PRESIDENT	—	—
BERNICE MORGAN	SECRETARY-TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Morgan Family Foundation Inc?

The Morgan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUTHERVILLE, MD. It holds $17K in total assets as of 2023.

How large is The Morgan Family Foundation Inc?

As of 2023, The Morgan Family Foundation Inc holds $17K in total assets with $126K in annual revenue. It awarded 16 grants totaling $54K in 2023.

Where does The Morgan Family Foundation Inc operate?

The Morgan Family Foundation Inc has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Maryland, New Hampshire, New York, Texas, Washington.

What size grants does The Morgan Family Foundation Inc award?

In 2023, The Morgan Family Foundation Inc awarded 16 grants totaling $54K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Morgan Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Morgan Family Foundation Inc reported a distributable amount of $30 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Morgan Family Foundation Inc's EIN?

The Morgan Family Foundation Inc's EIN (Employer Identification Number) is 52-1853976. IRS Form 990 filing data is available on this page for 2020–2023.