Morgan Foundation Inc

Organization Overview

Morgan Foundation Inc is located in Bartlesville, OK. The organization was established in 1969. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 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 12/2023, Morgan Foundation Inc generated $8.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $16.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Morgan Foundation Inc has awarded 25 individual grants totaling $126,030. 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)Compensation
Robert M Kane
President
$0
Gale Kane
Secretary/treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $162
Dividends & Interest $11,667
Net Rental Income$0
Net Gain on Sale of Assets -$3,872
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $7,957

Grants Awarded

Over the last fiscal year, Morgan Foundation Inc has awarded $13,340 in support to 4 organizations.

Grant RecipientAmount

OKLAHOMA WESLEYAN UNIVERSITY

PURPOSE: OPERATING

$4,000

THE FRANK PHILLIPS FOUNDATION INC

PURPOSE: OPERATING

$8,340

WASHINGTON COUNTY ELDER CARE INC

PURPOSE: OPERATING

$500

BARTLESVILLE PUBLIC SCHOOLS FOUNDATION

PURPOSE: OPERATING

$500
View Grant Profile

Peer Organizations

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