Morgan Family Foundation
- Assets
- $1.2m
- Revenue
- $81.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Conifer, CO
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 84-1364137
Organization Overview
Morgan Family Foundation is located in Conifer, CO. The organization was established in 1997. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Family Foundation 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 12/2022, Morgan Family Foundation generated $81.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $133.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Morgan Family Foundation has awarded 100 individual grants totaling $1,432,131. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mickey M Morgan Director | 1 | $0 | |
Lynn Warner Director | 1 | $0 | |
Pamela Cartwright Director | 1 | $0 | |
Rodney Morgan Director | 1 | $0 | |
Richard B Morgan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,700 |
| Interest on Savings | $3,818 |
| Dividends & Interest | $28,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,564 |
| Capital Gain Net Income | $12,564 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,351 |
| Total Revenue | $81,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $27 |
| Taxes | $685 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,317 |
| Total operating and administrative expenses | $8,064 |
| Contributions, gifts, grants paid | $125,187 |
| Total expenses and disbursements | $133,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,074 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $95,872 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,239,669 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Morgan Family Foundation has awarded $125,187 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
GOODWILL INDUSTRIES PURPOSE: DIESEL MECHANICS SCHOOL | $20,000 |
INDIVIDUAL RECIPIENT PURPOSE: HEALTH AND BASIC NEEDS | $13,000 |
RESILIENCE FORGE NC PURPOSE: SUPPORT CHARITY | $25,000 |
AMERICA SHARE PURPOSE: EDUCATION ASSISTANCE | $5,250 |
JOHN BROWN UNIVERSITY PURPOSE: EDUCATION SUPPORT | $6,000 |
ABILENE CHRISTIAN UNIVERSITY PURPOSE: EDUCATION ASSISTANCE | $4,000 |