William D Morgan Charitable Foundation
- Assets
- $1.6m
- Revenue
- $256.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Chillicothe, MO
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 43-6783275
Organization Overview
William D Morgan Charitable Foundation is located in Chillicothe, MO. The organization was established in 1998. 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. William D 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 12/2023, William D Morgan Charitable Foundation generated $256.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $182.7k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 8 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 2016, William D Morgan Charitable Foundation has awarded 56 individual grants totaling $843,779. 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 |
|---|---|---|---|
Citizens Bank Trust Trustee | 0 | $18,829 | |
R Edward Murphy Advisory Com | 0 | $0 | |
Gary L Myers Advisory Com | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,104 |
| Dividends & Interest | $47,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,746 |
| Capital Gain Net Income | $492 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,414 |
| Total Revenue | $256,677 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,829 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,299 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $48,064 |
| Contributions, gifts, grants paid | $134,609 |
| Total expenses and disbursements | $182,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,493 |
| 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 | $1,558,001 |
| 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, William D Morgan Charitable Foundation has awarded $134,609 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY GUIDANCE CENTER PURPOSE: DRUG COUNSELING | $2,000 |
SALVATION ARMY PURPOSE: CHARITABLE | $2,000 |
AVENUE CITY CHOOL DISTRICT PURPOSE: GENERAL OPERATING | $15,000 |
ST JOSEPH HABITAT FOR HUMANITY PURPOSE: AFFORDABLE HOUSING TO LOW INCOME FAM | $10,000 |
SAVANNAH SCHOOL DISTRICT PURPOSE: STUDENT ACTIVITIES | $100,000 |
SAMARITAN'S PURSE PURPOSE: RELIEF AND EVANGELISM WORLDWIDE | $3,609 |