Overview
The Morgan E. Cline Perpetual is a foundation based in Centerville, Iowa, with a focus on funding projects within the state, particularly in cities such as Centerville, Exline, Moravia, Moulton, and Ottumwa. The foundation has assets totaling approximately $14.48 million, with annual expenses of about $2.05 million and revenue of $1.28 million. The foundation is led by CEO Alison Fraser, who works full-time and receives a compensation of $149,000. The board includes several trustees and officers, each working part-time with a compensation of $5,000. The foundation's website is morganclinefoundation.org, and it operates primarily within Iowa, supporting various local initiatives.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $13,712,032 in 2023
7 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $400,000 | INDIAN HILLS COMMUNITY COLLEGE FOUNDATION | CONSTRUCTION OF NEW FACILITY | 525 GRANDVIEW AVE OTTUMWA, IA US | 2022 |
| $200,000 | INDIAN HILLS COMMUNITY COLLEGE FOUNDATION | CONSTRUCTION OF NEW FACILITY | 525 GRANDVIEW AVE OTTUMWA, IA US | 2023 |
| $200,000 | INDIAN HILLS COMMUNITY COLLEGE FOUNDATION | CONSTRUCTION OF NEW FACILITY | 525 GRANDVIEW AVE OTTUMWA, IA US | 2024 |
| $25,000 | ALL PLAY | PARKS AND TRAILS DEVELOPMENT | 115 E VAN BUREN CENTERVILLE, IA US | 2022 |
| $21,000 | CITY OF EXLINE | CEMETERY MAINTENANCE | PO BOX 101 EXLINE, IA US | 2022 |
| $20,500 | MOULTON VOLUNTEER FIREFIGHTERS ASSOCIATION | ULTRA-HIGH PRESSURE FIREFIGHTING EQUIPMENT | 105 E 3RD ST MOULTON, IA US | 2022 |
| $20,000 | KIDS WORLD | SUPPORT FOR PLAY SPACE | 72 N FIRST CENTERVILLE, IA US | 2022 |
| $20,000 | RATHBUN LAKE AREA YMCA | HUMIDIFICATION SYSTEM | 708 S MAIN CENTERVILLE, IA US | 2022 |
| $8,000 | CENTERVILLE CONCERT ASSOCIATION | COMMUNITY ENGAGEMENT AND EVENT SUPPORT | 119 S 15TH CENTERVILLE, IA US | 2022 |
| $6,000 | CENTERVILLE CONCERT ASSOCIATION | SUPPORT FOR CHARITABLE PROGRAMS AND OPERATIONS | 119 S 15TH CENTERVILLE, IA US | 2023 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
AF
ALISON FRASER
| CEO | $149000 | 2024 |
AF
ALISON FRASER
| CEO | $121561 | 2023 |
AF
ALISON FRASER
| CEO | $110833 | 2022 |
MCE
MICHAEL CRAVER ESQ
| CHAIR | $5000 | 2022 |
FR
FRANK REZNICEK
| VICE-CHAIR | $5000 | 2022 |
AY
ANN YOUNG
| SECRETARY | $5000 | 2022 |
TITASB
THE IOWA TRUST AND SAVINGS BANK
| CORPORATE TRUSTEE/TREASURER | $5000 | 2022 |
VF
VANESSA FRASER
| TRUSTEE | $5000 | 2022 |
JME
JAMES MILANI ESQ
| TRUSTEE | $5000 | 2022 |
CS
CONNIE STATER
| TRUSTEE | $5000 | 2022 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024