Morgan Morton Family Foundation Inc

Organization Overview

Morgan Morton Family Foundation Inc is located in Kiawah Island, SC. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Morton Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Morgan Morton Family Foundation Inc generated $356.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $541.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Morgan Morton Family Foundation Inc has awarded 12 individual grants totaling $924,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $833
Dividends & Interest $34,381
Net Rental Income$0
Net Gain on Sale of Assets $321,338
Capital Gain Net Income $321,338
Net ST Capital Gain $27,636
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $356,552

Grants Awarded

Over the last fiscal year, Morgan Morton Family Foundation Inc has awarded $520,000 in support to 2 organizations.

Grant RecipientAmount

COASTAL COMMUNITY FOUNDATION OF SC

PURPOSE: CHARITABLE

$500,000

TRIDENT UNITED WAY

PURPOSE: CHARITABLE

$20,000
View Grant Profile

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