Aela & Donald Morgan Charitable Foundation
- Assets
- $45.2k
- Revenue
- $78.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 35-2429796
Organization Overview
Aela & Donald Morgan Charitable Foundation is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aela & Donald Morgan Charitable 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, Aela & Donald Morgan Charitable Foundation generated $78.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $126.6k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Aela & Donald Morgan Charitable Foundation has awarded 91 individual grants totaling $423,695. 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 |
|---|---|---|---|
Donald E Morgan III Co Brigade Capi President, Treasurer | 1 | $0 | |
Israela Boyum-Morgan Co Brigade Cap Secretary | 0.25 | $0 | |
David Stutzman Co Seward Kissel Assistant Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $85,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $3,484 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,452 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,033 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,245 |
| Total operating and administrative expenses | $17,135 |
| Contributions, gifts, grants paid | $109,452 |
| Total expenses and disbursements | $126,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,932 |
| Savings and temporary cash investments | $29,257 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,189 |
| 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, Aela & Donald Morgan Charitable Foundation has awarded $109,452 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AILENE RAMIREZ -DR CLAIRE TREMAINE PURPOSE: THE PURPOSE OF THE DR. CLAIRE TREMAINE & GEORGE MENTAS SCHOLARSHIP IS TO PROVIDE FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS WHO DEMONSTRATE MERIT, POTENTIAL AND FINANCIAL NEED AND WHO ATTEND A HIGH SCHOOL WITHIN THE GROSSMONT UNION HIGH SCHOOL DISTRICT IN SAN DIEGO COUNTY, CALIFORNIA. THE SCHOLARSHIPS ARE AWARDED FOR EXCLUSIVELY EDUCATIONAL PURPOSES RELATED TO THE MATRICULATION OF THE RECIPIENTS AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE ABOVE RECIPIENT WAS AWARDED A $2,500 ONE-TIME GRANT, SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS ON AWARDS, AS DESCRIBED IN STATEMENT 7. THE SCHOLARSHIP IS PAYABLE TOWARD ONLY THE COST OF TUITION, BOOKS, ON-CAMPUS DORMITORY AND CAFETERIA PLAN. ALL PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION OR OTHER APPROPRIATE VENDOR AND NO PAYMENTS ARE MADE OUTRIGHT TO THE RECIPIENT. | $2,500 |
ANGELANA DE TATE -DR CLAIRE TREMAIN PURPOSE: THE PURPOSE OF THE DR. CLAIRE TREMAINE & GEORGE MENTAS SCHOLARSHIP IS TO PROVIDE FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS WHO DEMONSTRATE MERIT, POTENTIAL AND FINANCIAL NEED AND WHO ATTEND A HIGH SCHOOL WITHIN THE GROSSMONT UNION HIGH SCHOOOL DISTRICT IN SAN DIEGO COUNTY, CALIFORNIA. THE SCHOLARSHIPS ARE AWARDED FOR EXCLUSIVELY EDUCATIONAL PURPOSES RELATED TO THE MATRICULATION OF THE RECIPIENTS AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE ABOVE RECIPIENT WAS AWARDED $10,000 PER YEAR FOR FOUR YEARS, SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS ON AWARDS, AS DESCRIBED IN STATEMENT 7. THE SCHOLARSHIP IS PAYABLE TOWARD ONLY THE COST OF TUITION, BOOKS, ON-CAMPUS DORMITORY AND CAFETERIA PLAN. ALL PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION OR OTHER APPROPRIATE VENDOR AND NO PAYMENTS ARE MADE OUTRIGHT TO THE RECIPIENT. | $3,333 |
ANNICA LY - DR CLAIRE TREMAINE GEOR PURPOSE: THE PURPOSE OF THE DR. CLAIRE TREMAINE & GEORGE MENTAS SCHOLARSHIP IS TO PROVIDE FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS WHO DEMONSTRATE MERIT, POTENTIAL AND FINANCIAL NEED AND WHO ATTEND A HIGH SCHOOL WITHIN THE GROSSMONT UNION HIGH SCHOOOL DISTRICT IN SAN DIEGO COUNTY, CALIFORNIA. THE SCHOLARSHIPS ARE AWARDED FOR EXCLUSIVELY EDUCATIONAL PURPOSES RELATED TO THE MATRICULATION OF THE RECIPIENTS AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE ABOVE RECIPIENT WAS AWARDED $5,000 PER YEAR FOR FOUR YEARS, SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS ON AWARDS, AS DESCRIBED IN STATEMENT 7. THE SCHOLARSHIP IS PAYABLE TOWARD ONLY THE COST OF TUITION, BOOKS, ON-CAMPUS DORMITORY AND CAFETERIA PLAN. ALL PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION OR OTHER APPROPRIATE VENDOR AND NO PAYMENTS ARE MADE OUTRIGHT TO THE RECIPIENT. | $2,722 |
ASHLEY FELL -DR CLAIRE TREMAINE GEO PURPOSE: THE PURPOSE OF THE DR. CLAIRE TREMAINE & GEORGE MENTAS SCHOLARSHIP IS TO PROVIDE FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS WHO DEMONSTRATE MERIT, POTENTIAL AND FINANCIAL NEED AND WHO ATTEND A HIGH SCHOOL WITHIN THE GROSSMONT UNION HIGH SCHOOL DISTRICT IN SAN DIEGO COUNTY, CALIFORNIA. THE SCHOLARSHIPS ARE AWARDED FOR EXCLUSIVELY EDUCATIONAL PURPOSES RELATED TO THE MATRICULATION OF THE RECIPIENTS AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE ABOVE RECIPIENT WAS AWARDED $10,000 PER YEAR FOR FOUR YEARS, SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS ON AWARDS, AS DESCRIBED IN STATEMENT 7. THE SCHOLARSHIP IS PAYABLE TOWARD ONLY THE COST OF TUITION, BOOKS, ON-CAMPUS DORMITORY AND CAFETERIA PLAN. ALL PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION OR OTHER APPROPRIATE VENDOR AND NO PAYMENTS ARE MADE OUTRIGHT TO THE RECIPIENT. | $1,737 |
CAITLYN BALES -DR CLAIRE TREMAINE G PURPOSE: THE PURPOSE OF THE DR. CLAIRE TREMAINE & GEORGE MENTAS SCHOLARSHIP IS TO PROVIDE FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS WHO DEMONSTRATE MERIT, POTENTIAL AND FINANCIAL NEED AND WHO ATTEND A HIGH SCHOOL WITHIN THE GROSSMONT UNION HIGH SCHOOL DISTRICT IN SAN DIEGO COUNTY, CALIFORNIA. THE SCHOLARSHIPS ARE AWARDED FOR EXCLUSIVELY EDUCATIONAL PURPOSES RELATED TO THE MATRICULATION OF THE RECIPIENTS AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE ABOVE RECIPIENT WAS AWARDED $7,500 PER YEAR FOR FOUR YEARS, SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS ON AWARDS, AS DESCRIBED IN STATEMENT 7. THE SCHOLARSHIP IS PAYABLE TOWARD ONLY THE COST OF TUITION, BOOKS, ON-CAMPUS DORMITORY AND CAFETERIA PLAN. ALL PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION OR OTHER APPROPRIATE VENDOR AND NO PAYMENTS ARE MADE OUTRIGHT TO THE RECIPIENT. | $3,250 |
BRETT HAYES -DR CLAIRE TREMAINE GEO PURPOSE: THE PURPOSE OF THE DR. CLAIRE TREMAINE & GEORGE MENTAS SCHOLARSHIP IS TO PROVIDE FINANCIAL ASSISTANCE TO HIGH SCHOOL STUDENTS WHO DEMONSTRATE MERIT, POTENTIAL AND FINANCIAL NEED AND WHO ATTEND A HIGH SCHOOL WITHIN THE GROSSMONT UNION HIGH SCHOOL DISTRICT IN SAN DIEGO COUNTY, CALIFORNIA. THE SCHOLARSHIPS ARE AWARDED FOR EXCLUSIVELY EDUCATIONAL PURPOSES RELATED TO THE MATRICULATION OF THE RECIPIENTS AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE ABOVE RECIPIENT WAS AWARDED $7,500 PER YEAR FOR FOUR YEARS, SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS ON AWARDS, AS DESCRIBED IN STATEMENT 7. THE SCHOLARSHIP IS PAYABLE TOWARD ONLY THE COST OF TUITION, BOOKS, ON-CAMPUS DORMITORY AND CAFETERIA PLAN. ALL PAYMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION OR OTHER APPROPRIATE VENDOR AND NO PAYMENTS ARE MADE OUTRIGHT TO THE RECIPIENT. | $2,984 |