W T Morgan Iii Family Foundation Inc
- Assets
- $6.2m
- Revenue
- $829.0k
- Investments
- $6.2m
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 59-3635268
Organization Overview
W T Morgan Iii Family Foundation Inc is located in Tampa, FL. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. W T Morgan Iii Family 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 12/2022, W T Morgan Iii Family Foundation Inc generated $829.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $677.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W T Morgan Iii Family Foundation Inc has awarded 124 individual grants totaling $1,679,894. 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 |
|---|---|---|---|
William T Morgan III President, Director | 1 | $0 | |
Thomas D Arthur Director | 0.1 | $0 | |
Rebecca M Alexander Vice President/director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $307,426 |
| Interest on Savings | $0 |
| Dividends & Interest | $145,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $375,928 |
| Capital Gain Net Income | $616,654 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $828,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,401 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,743 |
| Contributions, gifts, grants paid | $657,800 |
| Total expenses and disbursements | $677,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,866 |
| 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 | $6,177,868 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,248,734 |
| 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, W T Morgan Iii Family Foundation Inc has awarded $657,800 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ABE BROWN MINISTRIES INC PURPOSE: TO HELP DEMONSTRATE THE LOVE OF JESUS CHRIST TO OFFENDERS AND THEIR FAMILIES | $1,000 |
ARKANSAS CHILDREN'S FOUNDATION PURPOSE: TO SUPPORT HEALTHCARE DELIVERY FOR CHILDREN IN ARKANSAS AND BEYOND | $5,000 |
BOCA GRANDE HEALTH CLINIC FOUNDATION PURPOSE: TO SUPPORT HEALTH CARE ON GASPARILLA ISLAND | $2,000 |
CASHIERS HIGHLANDS HUMANE SOCIETY PURPOSE: TO HELP END ANIMAL HOMELESSNESS | $2,000 |
CHAMPIONS FOR CHILDREN PURPOSE: TO PREVENT CHILD ABUSE AND NEGLECT FROM EVER TAKING PLACE. | $3,000 |
CHRISTIAN HELPLINES INTERNATIONAL PURPOSE: CHRISTIAN SUPPORT GROUP/HELPLINE FOR THOSE IN NEED | $5,000 |