The Robert and Mary Lou Morgado Charitable Trust is a private foundation based in New York, NY, operating as a 501(c)(3) tax-exempt organization. Established in 1996, the Trust functions as a grantmaking foundation with no employees, distributing charitable contributions to various nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.5M
+1.2% YoY
Annual Giving
$305K
-15.7% YoY
Grant Count
27
+0.0% YoY
Avg Grant Size
$11K
-15.7% YoY
Under IRS private-foundation payout rules, The Robert & Mary Lou Morgado reported a distributable amount of $495K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The Trust maintains an active grantmaking program, awarding multiple grants annually to charitable organizations. In the most recent reporting period (2023), the Trust made 32 grants to various organizations.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of November 2023:
| Metric | Amount |
|---|---|
| Total Assets | $8,399,513 |
| Total Revenues | $4,514,165 |
| Total Expenses | $360,778 |
| Total Liabilities | $112,000 |
Revenue Breakdown (FYE 11/2023):
- Grants and contributions: $1,011,641
- Investment income and dividends: $125,071
- Net gain from sale of non-inventory assets: $3,325,332
The Trust experienced significant growth in investment returns year-over-year, with net gains from asset sales increasing 2,021% compared to the prior year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,499,554 | $8,399,513 | $4,246,126 |
| Revenue | $545,152 | $4,514,165 | $343,157 |
| Expenses | $445,111 | $360,778 | $383,726 |
| Qualifying Distributions | $304,650 | $300,500 | $331,000 |
| Net Investment Income | $501,155 | $4,069,423 | $302,993 |
| Distributable Amount | $495,277 | $420,509 | $413,302 |
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
131 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The New Milford Hospital ($50,000), Yale University ($50,000), Horace Mann School ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL PARK CONSERVANCY NEW YORK, NY | CHARITABLE | $1,000 |
| CHAMINADE UNIVERSITY HONOLULU, HI | CHARITABLE | $20,000 |
| CONNECTICUT FOODSHARE WALLINGFORD, CT | CHARITABLE | $5,000 |
| CONVERSATIONS ON THE GREEN INC WASHINGTON, CT | CHARITABLE | $10,000 |
| FRIENDS OF ROXBURY LIBRARY SUCCASUNNA, NJ | CHARITABLE | $1,000 |
| HORACE MANN SCHOOL BRONX, NY | CHARITABLE | $25,000 |
| MADD EAST HAVEN, CT | CHARITABLE | $500 |
| MAUI ARTS & CULTURAL CENTER KAHULUI, HI | CHARITABLE | $25,000 |
| MAUI ARTS & CULTURAL CENTER KAHULUI, HI | CHARITABLE | $25,000 |
| MAUI FOOD BANK WAILUKU, HI | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT J MORGADO | TRUSTEE/DONOR | 1 | — |
| MARY LOU MORGADO | TRUSTEE/DONOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Robert & Mary Lou Morgado?
The Trust maintains an active grantmaking program, awarding multiple grants annually to charitable organizations. In the most recent reporting period (2023), the Trust made 32 grants to various organizations. **Recent Grant Examples:** • The Danbury Hospital: $50,000 (2023) • Horace Mann School: $37,000 (2023) • Horace Mann School: $25,000 (2023) The Trust demonstrates support for educational institutions and healthcare organizations based on recent grant activity.
What size grants does The Robert & Mary Lou Morgado award?
In 2024, The Robert & Mary Lou Morgado awarded 27 grants totaling $305K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is The Robert & Mary Lou Morgado required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Robert & Mary Lou Morgado reported a distributable amount of $495K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Robert & Mary Lou Morgado's EIN?
The Robert & Mary Lou Morgado's EIN (Employer Identification Number) is 13-7072672. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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