The Morningside Foundation
The Morningside Foundation is a private grantmaking foundation established in 1996-1997 and based in Newton Centre, Massachusetts. The foundation was established by the Chan family, descendants of T.H. Chan, the Hong Kong real estate tycoon who founded the Hang Lung Group. The foundation is led by billionaire brothers Gerald and Ronnie Chan.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.0M
-6.7% YoY
Annual Giving
$5.3M
-91.1% YoY
Grant Count
12
-29.4% YoY
Avg Grant Size
$441K
-87.5% YoY
Mission & Focus Areas
The foundation's giving philosophy centers on two primary priorities: supporting science and enabling education. According to available information, the foundation gives primarily to an arts organization and for Christian churches. The approximate distribution of gifts includes:
- 45% to educational purposes
- 35% to religious causes
- 10% to the arts
- 5% each to medical and other causes
Grantmaking
The foundation operates on an invitation-only basis and does not accept unsolicited applications.
Grant Range
s:**
Average Grant
amount varies by year
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on:
- United States (particularly Massachusetts, California, and Texas)
- Hong Kong
- China
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $24-25.7 million
- Total Revenue: $7.48 million
- Total Expenses: $7 million
- Total Liabilities: $297,000
As of 2023:
- Total Assets: $23.1-25.7 million
- Total Revenue: $64.3-68 million
- Total Giving: $59.8-65.4 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,968,526 | $25,687,488 | $23,096,193 |
| Revenue | $7,479,563 | $64,265,308 | $68,036,601 |
| Expenses | $6,999,535 | $61,502,847 | $67,229,323 |
| Qualifying Distributions | $5,295,500 | $59,827,608 | $65,423,960 |
| Net Investment Income | $697,056 | $292,140 | $359,904 |
| Distributable Amount | $2,508,154 | $2,765,765 | $2,681,271 |
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
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Ronnie Chan — Director
- Gerald Chan — Director
- Paula E Turnbull — Vice-President
- Peter Stuart Allenby Edwards — Director
- Lisa M Sambucci — Vice-President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONNIE CHAN | DIRECTOR | 1 | — |
| PAULA E TURNBULL | VICE-PRESIDENT | 1 | — |
| PETER STUART ALLENBY EDWARDS | DIRECTOR | 1 | — |
| LISA M SAMBUCCI | VICE-PRESIDENT | 1 | — |
| GERALD CHAN | DIRECTOR | 1 | — |
Contact Information
- Address: 1188 Centre Street, Newton Centre, MA 02459-1556
- Phone: 617-244-2800
- Website: morningside.com/philanthropy
- EIN: 04-3339572
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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