The Morgan Foundation Inc
The Morgan Foundation Inc is a private foundation, based in Bartlesville, OK. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $217K in total assets. In 2025, it awarded 4 grants totaling $17K. Net investment income was $14K.
The Morgan Foundation Inc at a glance
In short: The Morgan Foundation Inc gave $17K across 4 grants in 2025 (avg $4K), mostly in Oklahoma. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $17,000
- +23.4% vs 2024
- Grants made (2025)
- 4
- -33.3% vs 2024
- Average grant
- $4,250
- +85.1% vs 2024
- Median grant
- $3,000
- Total assets
- $217,314
- -1.5% vs 2024
- Primary geography
- Oklahoma (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Morgan Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was The Frank Phillips Foundation Inc ($10K). Together the top 4 received $17K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 21 grants of 21 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Morgan Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $13K (2023) to $21K (2020). In 2025 it made 4 grants totaling $17K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Frank Phillips Foundation Inc Bartlesville, OK | Art Show & Reunion Support | $10,000 |
| Oklahoma Wesleyan University Bartlesville, OK | Operating | $5,000 |
| Family YMCA of Bartlesville Bartlesville, OK | Operating | $1,000 |
| Friends of Frank Phillips Home Inc Bartlesville, OK | Operating | $1,000 |
Ready to take the next step with The Morgan Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $217,314 | $15,829 | $18,347 | $17,000 | 4 | $17,000 | $14,241 | $16,399 |
| 2024 | $220,548 | $10,647 | $15,172 | $13,780 | 6 | $13,780 | $9,419 | $16,102 |
| 2023 | $225,073 | $7,957 | $16,177 | $13,340 | 4 | $13,340 | $11,829 | $14,480 |
| 2022 | $233,596 | $12,246 | $16,428 | $15,250 | 4 | $15,250 | $12,246 | $14,136 |
| 2021 | $238,896 | $11,092 | $17,524 | $16,750 | 3 | $16,750 | $14,771 | $12,145 |
| 2020 | $160,191 | $13,292 | $21,593 | $20,500 | 4 | — | $13,292 | $11,295 |
| 2019 | $168,492 | $8,455 | $15,837 | $15,000 | 1 | — | $8,455 | $14,116 |
Under IRS private-foundation payout rules, The Morgan Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Morgan Foundation Inc is led by Robert M. Kane, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert M. Kane
President
On filings since 2019
No compensation reported
Gale Kane
Secretary & Treasurer
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Morgan Foundation Inc
How much does The Morgan Foundation Inc give each year?
The Morgan Foundation Inc gave $17K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 6 grants.
What is The Morgan Foundation Inc's typical grant size?
The Morgan Foundation Inc's median grant in 2025 was $3,000, and its average grant was $4,250, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Morgan Foundation Inc give grants?
The Morgan Foundation Inc gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bartlesville, OK (4 grants).
Does The Morgan Foundation Inc give general operating support?
Yes: 75% of The Morgan Foundation Inc's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Morgan Foundation Inc?
The Morgan Foundation Inc reported $217K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).
What is The Morgan Foundation Inc's EIN?
The Morgan Foundation Inc's EIN (Employer Identification Number) is 23-7022613. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 27, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 11, 2024)
Live grants for the work The Morgan Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Morgan Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Jeanalee and Charles Parsons Foundation
Bartlesville, OK
The Jeanalee and Charles Parsons Foundation supports Oklahoma organizations, with recent grants for education, youth, human services, community facilities, and equipment or property needs, particularly in the Bartlesville area. Its 2025 grants ranged from $5,000 to $142,860, with a median of $46,328. It accepts application letters with required supporting information; no deadline is stated.
Assets
$12.6M
Grants
17
Total Given
$818K
Arvest Foundation
Bentonville, AR
Arvest Foundation funds economic development, community programs, arts, nonprofit capacity, scholarships, and construction projects, primarily in Arkansas, Oklahoma, and Missouri. In 2024, grants ranged from $1,000 to $75,000, with a median of $5,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$21.0M
Grants
562
Total Given
$4.3M
Lyon Foundation
Bartlesville, OK
The Lyon Foundation funds charitable, religious, educational, and scientific organizations and activities, with a preference for the Bartlesville area; its 2025 grants all went to Oklahoma recipients. Grants ranged from $2,000 to $605,000, with a median of $15,500. It does not limit giving to preselected organizations, but the profile does not explicitly state whether it accepts unsolicited requests.
Assets
$59.1M
Grants
41
Total Given
$2.5M
Yot Full Circle Foundation
Tulsa, OK
The Tulsa-based YOT Full Circle Foundation supports Christian education and ministry, scholarships, human services, disaster relief, and conservation, with much of its giving going to organizations in Ohio and Oklahoma. In 2025, grants ranged from $2,000 to $500,000, with a median of $10,000. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$29.5M
Grants
69
Total Given
$1.5M
University Impact
Provo, UT
University Impact supports charitable projects addressing social and environmental problems, including emerging projects without federal tax-exempt status; its 2024 grants ranged from $5,100 to $15.4 million, with a median of $20,000. Funding is concentrated in Utah, with grants also going to organizations elsewhere in the U.S. and beyond. The profile does not state whether it accepts unsolicited requests.
Assets
$384.7M
Grants
317
Total Given
$42.3M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
More similar funders
More Funders in Oklahoma
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Morgan Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Morgan Foundation Inc down — hundreds of funders to go?