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Also known as: FOUNDATION
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Albert & Leona A Morgan Charitable Foundation is a private corporation based in PHILLIPSBURG, KS. The foundation received its IRS ruling in 1994. The principal officer is Denis Miller. It holds total assets of $8M. Annual income is reported at N/A. Total assets have grown from $8.1M in 2011 to $10.1M in 2022. The foundation is governed by 5 officers and trustees. Phillips county health systems-student loan forgiveness grant and dialysis equipment. Tax records are available from 2016 to 2023. According to available records, Albert & Leona A Morgan Charitable Foundation has made 3 grants totaling $1M, with a median grant of $439K. Annual giving has grown from $170K in 2021 to $877K in 2022. Individual grants have ranged from $170K to $439K, with an average award of $349K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Kansas. Contributions to this foundation are tax-deductible.
Phillips county health systems-student loan forgiveness grant
Expenses: $41K
Phillips county ems-ambulance grant
Expenses: $31K
Phillipsburg western heritage fnd-rodeo grant.
Expenses: $30K
Huck boyd fnd--various projects.
Expenses: $20K
Phillips county health systems-student loan forgiveness grant and dialysis equipment. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in KS.
Albert & Leona A Morgan Charitable Foundation has distributed a total of $1M across 3 grants. The median grant size is $439K, with an average of $349K. Individual grants have ranged from $170K to $439K.
The application deadline is 1 WEEK PRIOR TO BOARD MEETINGS.. Restricted to phillips county, kansas qualifying entities.
Albert & Leona A Morgan Charitable Foundation is headquartered in PHILLIPSBURG, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Gower | DIRECTOR | $11K | $0 | $11K |
| Denis Miller | Chairman | $11K | $0 | $11K |
| Lori Ferguson | Treasurer | $11K | $0 | $11K |
| Daniels Heinze | DIRECTOR | $11K | $0 | $11K |
| Beau Van Loenen | Secretary | $11K | $0 | $11K |
Total Giving
$661K
Total Assets
$10.1M
Fair Market Value
$11M
Net Worth
$10.1M
Grants Paid
$461K
Contributions
N/A
Net Investment Income
$395K
Distribution Amount
$555K
Total Grants
3
Total Giving
$1M
Average Grant
$349K
Median Grant
$439K
Unique Recipients
2
Most Common Grant
$439K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached Statement 14CHARITABLE GRANTS | Phillipsburg, KS | $439K | 2022 |
| See Attached Statement 12CHARITABLE GRANTS | Phillipsburg, KS | $170K | 2021 |