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Also known as: C/O Lewis W Webb III Trustee
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A D & A L Morgan Memorial Scholarship Fund is a private trust based in NORFOLK, VA. The foundation received its IRS ruling in 1964. The principal officer is Lewis W Webb Iii Trustee. It holds total assets of $452K. Annual income is reported at $85K. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Virginia. According to available records, A D & A L Morgan Memorial Scholarship Fund has made 37 grants totaling $134K, with a median grant of $3K. Annual giving has grown from $32K in 2020 to $38K in 2023. Individual grants have ranged from $2K to $7K, with an average award of $4K. The foundation has supported 19 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
A D & A L Morgan Memorial Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in VA.
A D & A L Morgan Memorial Scholarship Fund has distributed a total of $134K across 37 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $2K to $7K.
The application deadline is Applications must be submitted prior to the annual meeting of trustees in May.. Grantees may not be related to trustees of the Foundation. Student grants are paid directly to Old Dominion University and credited to recipient student accounts for payment of tuition, academic fees and university living expenses. Recipient students must maintain a "C" average and be a resident of the Southside of Hampton Roads.
A D & A L Morgan Memorial Scholarship Fund is headquartered in NORFOLK, VA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| G Randolph Webb Jr | Trustee | $0 | $0 | N/A |
| Robert W Guffey Jr | Trustee | $0 | $0 | N/A |
| Charlotte W Chandler | Trustee | $0 | $0 | N/A |
| Lewis W Webb Iii | Trustee | $0 | $0 | N/A |
Total Giving
$52K
Total Assets
$479K
Fair Market Value
$795K
Net Worth
$479K
Grants Paid
$38K
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$37K
Total: $163K
Total Grants
37
Total Giving
$134K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
19
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mondaya TrinolScholarship | Chesapeake, VA | $6K | 2023 |
| Hancock HazelScholarship | Chesapeake, VA | $6K | 2023 |
| Richards JohnovonScholarship | Norfolk, VA | $6K | 2023 |
| Jenson MargueriteScholarship | Chesapeake, VA | $6K | 2023 |
| Crosby MakendraScholarship | Suffolk, VA | $6K | 2023 |
| Berry JasonScholarship | Norfolk, VA | $3K | 2023 |
| Cuthrell JacobScholarship | Norfolk, VA | $3K | 2023 |
| Jones LatitusScholarship | Suffolk, VA | $3K | 2023 |
| Bersamina JennaScholarship | Norfolk, VA | $3K | 2023 |
| Bersamma JennaScholarship | Norfolk, VA | $5K | 2022 |
| Basilio JeremieScholarship | Norfolk, VA | $3K | 2022 |
| Bersamma JannaScholarship | Norfolk, VA | $3K | 2022 |
| Alexandra AdamsScholarship | Norfolk, VA | $5K | 2021 |
| Lewis SoteiaScholarship | Chesapeake, VA | $3K | 2021 |
| Adams AlexandraScholarship | Norfolk, VA | $7K | 2020 |
| Thomas JayneScholarship | Richmond, VA | $2K | 2020 |
| Ramirez JasmineScholarship | Norfolk, VA | $2K | 2020 |
| Flyth ShaylaScholarship | Norfolk, VA | $2K | 2020 |
| Shank RiannaScholarship | Norfolk, VA | $2K | 2020 |