Morgan Foundation Inc

Organization Overview

Morgan Foundation Inc is located in Laurel Hill, NC. The organization was established in 1992. 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 12/2021, Morgan Foundation Inc generated $210.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $159.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Morgan Foundation Inc has awarded 117 individual grants totaling $1,453,800. 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.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,055
Dividends & Interest $36,583
Net Rental Income$0
Net Gain on Sale of Assets $172,523
Capital Gain Net Income $172,523
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $210,161

Grants Awarded

Over the last fiscal year, Morgan Foundation Inc has awarded $137,900 in support to 15 organizations.

Grant RecipientAmount

ST ANDREWS UNIVERSITY

PURPOSE: REFURBISHMENT OF DORMITORY BATHROOMS DAMAGED DURING HURRICANE

$20,000

SCOTLAND COUNTY FAMILY COUNSELING CENTER

Org PageRecipient Profile

Laurinburg, NC

PURPOSE: FAITH BASED COUSELING FOR LOW INCOME FAMILIES/INDIVIDUALS

$20,000

DOMESTIC VIOLENCE & RAPE CRISIS CENTER

PURPOSE: GENERAL CONTRIBUTION

$15,000

GROWING CHANGE

PURPOSE: CONVERSION OF RURAL PRISONS INTO SUSTAINABLE FARM AND EDUCATION CENTERS FOR AT RISK YOUTH

$15,000

LIVE LIKE MADISON

Org PageRecipient Profile

Laurinburg, NC

PURPOSE: PEDIATRIC CANCER RESEARCH

$15,000

CHURCH COMMUNITY SERVICES

PURPOSE: COMMUNITY OUTREACH

$10,000
View Grant Profile

Peer Organizations

Create an account to unlock the data you need.

or