Eagles Wing Foundation Inc.

## Approach & Strategy

Eagles Wing Foundation Inc. is the personal philanthropic vehicle of the Morean family, co-founders of Jabil Inc. (one of the world's largest electronics manufacturing companies, headquartered in St. Petersburg, FL). Led by Kelly D. St. George (President/Secretary), William D. Morean (Treasurer), and Audrey Morean Petersen (Director), the foundation reflects a blend of corporate, personal, and community philanthropic interests.

Jabil Connection: William D. "Bill" Morean co-founded Jabil Circuit (now Jabil Inc.) in the 1960s, building it into a Fortune 500 company with $28B+ in annual revenue and 250,000+ employees. His foundation's largest single grant — $1M to Jabil Cares Foundation — represents inter-foundation philanthropy within the broader Morean/Jabil philanthropic ecosystem.

Eclectic Portfolio: Unlike most foundations with narrow thematic focus, Eagles Wing distributes across diverse causes: 1. Corporate philanthropy infrastructure — Jabil Cares Foundation ($1M) supports Jabil employee community programs 2. Anti-human trafficking — Operation Light Shine (Nashville TN) has received $10K–$250K across years 3. Montana communities/wildlife — Red Lodge Area Community Foundation ($500K), Yellowstone Wildlife Sanctuary ($150K), Beartooth Humane Alliance ($10K) — suggests a Montana vacation/ranch connection 4. LGBTQ+ youth — The Trevor Project ($100K in FY2023) — an unusually large gift from a FL family foundation 5. Faith-based/Florida — First Baptist Church Mt. Dora ($50K), Brian Bill Foundation 6. Animal rescue — Malinois/Dutch Shepherd Rescue, Beartooth Humane

No Applications Accepted: Preselected only. Not accessible to outside nonprofits.

Website Mismatch: eagleswing.org belongs to EaglesWing Association — a Christian business networking directory — completely unrelated. The foundation has no public website.

## Funding Patterns

Annual Giving: - FY2024: $1,010,000 (2 grants only) - FY2023: $590,000 - FY2022: $525,000 - FY2021: $785,000 - FY2020: $593,000 - FY2019: $380,000

Grant Concentration: 2 grants in FY2024 with one ($1M to Jabil Cares) representing 99% of total giving. The extreme concentration suggests the Jabil Cares transfer is a primary mechanism, with a small discretionary portfolio for personal causes.

Assets: $6.8M (FY2024 per Grantmakers.io vs. $3.74M in Granted DB — likely different reporting periods). No new contributions since at least 2019.

## Peer Comparison

Note: The foundation's relationship with the Jabil corporate ecosystem makes it fundamentally different from independent philanthropic foundations.

## Recent Activity

FY2024 Focus Shift: The entire grantmaking budget went to Jabil Cares ($1M) plus a small gift to Operation Light Shine ($10K). This represents a significant shift from FY2023's more diverse portfolio (7 grantees).

Trevor Project Notable: The $100K grant to The Trevor Project (LGBTQ+ youth crisis services) in FY2023 was the largest Trevor grant from any comparable FL family foundation, suggesting genuine personal commitment to LGBTQ+ causes that may continue.

Montana Presence: Consistent giving to Red Lodge, Montana organizations (Red Lodge Area Community Foundation, Yellowstone Wildlife Sanctuary, Beartooth Humane Alliance) confirms a strong personal/vacation connection to the Red Lodge area — possibly a ranch or second home.

Anti-Trafficking Commitment: Operation Light Shine has received gifts across multiple years (2021-2024), ranging from $10K to $250K, suggesting a core interest in anti-human trafficking work.

No New Capital: Assets declining gradually without new contributions, but the large remaining endowment ($6.8M+) suggests 10-15+ years of continued operations.

## Application Tips

This foundation does not accept unsolicited applications. Application info is listed as "Applications not accepted" and all grantees appear to be personal relationships of the Morean family.

For organizations with a realistic path to consideration:

1. Jabil corporate ecosystem. Organizations that work with Jabil employees, serve Jabil communities globally, or have professional relationships with Jabil leadership are most likely to come to Bill Morean's attention.

2. Red Lodge, Montana organizations. If your nonprofit works in Red Lodge MT or the surrounding Beartooth/Yellowstone area, the Morean family has a demonstrated personal connection. Contact the Red Lodge Area Community Foundation for guidance on Morean family interests.

3. Operation Light Shine network. If your organization works in anti-trafficking (especially in Nashville TN area or nationally), sharing contacts with Operation Light Shine leadership may create introduction opportunities.

4. LGBTQ+ youth organizations. The Trevor Project gift suggests genuine personal interest. Organizations doing crisis intervention, mental health, or support services for LGBTQ+ youth in Florida or nationally may have alignment.

5. St. Petersburg FL community. Bill Morean is a major civic figure in St. Pete. Engagement through St. Pete civic networks, arts organizations (Morean Arts Center is named for the family), or business community may create relationships.

6. Do not contact via eagleswing.org. That website is an unrelated Christian business directory.