Virgil and Irene Morgan Foundation

Private foundation · Grantmaker Edmonds, WA EIN: 45-3757419

Virgil and Irene Morgan Foundation is a private foundation, based in Edmonds, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 5 grants totaling $82K. Net investment income was $62K.

Key facts about Virgil and Irene Morgan Foundation

In short: Virgil and Irene Morgan Foundation gave $82K across 5 grants in 2025 (avg $16K), top state Arizona. Source: 2025 IRS Form 990-PF.

EIN
45-3757419
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$82,000
Grants made (2025)
5
Average grant
$16,400
Median grant
$20,500
Total assets
$1,647,380
Primary geography
Arizona (49% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.6M

-2.1% YoY

Annual Giving

$82K

+2.5% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$16K

-18.0% YoY

Under IRS private-foundation payout rules, Virgil and Irene Morgan Foundation reported a distributable amount of $83K for 2025 — the minimum it must pay out in qualifying distributions.

How Virgil and Irene Morgan Foundation gives

  • Giving grew 720% from 2022 to 2025. Method
  • In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

SeattleCedar CityPhoenixTempeEverettOrovilleSchaumburgTukwila

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2019 1 grant2020 1 grant2021 2 grants2022 4 grants2023 4 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $8K (2020) to $82K (2025). In 2025 it made 5 grants totaling $82K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

ASU Foundation: $21KASU Foundation$21KSouthern Utah Univeristy: $21KSouthern Utah Univeristy$21KRuth's House of Hope: $21KRuth's House of Hope$21KPhoenix Children's Foundation: $20KPhoenix Children's Foundation$20KCure Sma: $500Cure Sma$500

The largest 2025 recipient was ASU Foundation ($21K). Together the top 5 received $82K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ASU Foundation Tempe, AZSupport for school of social work msw scholarship -gerontology/elder abuse$20,500
Southern Utah Univeristy Cedar City, UTSupport for Military Connected Aviation Scholarship$20,500
Ruth's House of Hope Oroville, WAGeneral Support$20,500
Phoenix Children's Foundation Phoenix, AZSupport for neuromuscular program fund for spinal muscular atrophy and family assistance$20,000
Cure Sma Schaumburg, ILTo provide support for spinal muscular atrophy research walk n roll fundraiser$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,647,380$1,683,350$1,696,031
Revenue$63,236$79,457$37,827
Expenses$99,206$92,138$148,468
Qualifying Distributions$83,437$81,753$65,446
Net Investment Income$61,799$77,704$32,381
Distributable Amount$82,844$83,852$86,748

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 20, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Virgil and Irene Morgan Foundation is led by Teri Johnson, Managing Trustee on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Teri Johnson

    Managing Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Sandra Omer

    Trustee & Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Elizabeth Lightfoot

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Greg Turner

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Miriam Temple (2019–2021) — Trustee
  • Former: Virgil Morgan Sr To July (2019) — Trustee

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 Virgil and Irene Morgan Foundation

How much does Virgil and Irene Morgan Foundation give each year?

Virgil and Irene Morgan Foundation gave $82K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $80K across 4 grants.

What is Virgil and Irene Morgan Foundation's typical grant size?

Virgil and Irene Morgan Foundation's median grant in 2025 was $20,500, and its average grant was $16,400, across 5 grants on its 2025 IRS Form 990-PF.

Where does Virgil and Irene Morgan Foundation give grants?

Virgil and Irene Morgan Foundation's top state is Arizona, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Utah (25%) and Washington (25%).

Does Virgil and Irene Morgan Foundation give general operating support?

Yes: 20% of Virgil and Irene Morgan Foundation's 2025 grants with a stated purpose (1 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Virgil and Irene Morgan Foundation's largest grantees?

Virgil and Irene Morgan Foundation's largest 2025 grantees include ASU Foundation ($20,500), Southern Utah Univeristy ($20,500) and Ruth's House of Hope ($20,500), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Virgil and Irene Morgan Foundation?

Virgil and Irene Morgan Foundation reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $83K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets).

What is Virgil and Irene Morgan Foundation's EIN?

Virgil and Irene Morgan Foundation's EIN (Employer Identification Number) is 45-3757419. 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.

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