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Jess & Palma Morgan Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1990. It holds total assets of $5.6M. Annual income is reported at $1.8M. Total assets have grown from $123K in 2011 to $5.6M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2016 to 2024. According to available records, Jess & Palma Morgan Foundation has made 83 grants totaling $1.4M, with a median grant of $15K. Annual giving has grown from $20K in 2020 to $345K in 2023. Grantmaking activity was highest in 2022 with $750K distributed across 46 grants. Individual grants have ranged from $5K to $50K, with an average award of $17K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in California, Maryland, New York, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
Jess & Palma Morgan Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 83 grants. Its grantmaking reaches organizations primarily in CA, MD, NY.
Jess & Palma Morgan Foundation has distributed a total of $1.4M across 83 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $5K to $50K.
The application deadline is AUGUST 1ST OF EACH YEAR.
Jess & Palma Morgan Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gene Torncello | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Timothy D Bodner | CHIEF FINANCIAL OFFICER | $0 | $0 | N/A |
| Susan J Ollweiler | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Gary Levenstein | SECRETARY & DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.6M
Fair Market Value
N/A
Net Worth
$5.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
83
Total Giving
$1.4M
Average Grant
$17K
Median Grant
$15K
Unique Recipients
26
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S Hospital Los AngelesGENERAL | Los Angeles, CA | $40K | 2023 |
| Fisher House FoundationGENERAL | Rockville, MD | $30K | 2023 |
| Griffith Observatory FoundationGENERAL | Los Angeles, CA | $25K | 2023 |
| Cedars-Sinai Medical CenterGENERAL | Los Angeles, CA | $25K | 2023 |
| The Promises FoundationGENERAL | Los Angeles, CA | $20K | 2023 |
| Los Angeles Regional Food BankGENERAL | Los Angeles, CA | $20K | 2023 |
| Friendly HouseGENERAL | Los Angeles, CA | $20K | 2023 |
| Safe Place For YouthGENERAL | Venice, CA | $20K | 2023 |
| The Pasadena Playhouse State Theatre Of CaliforniaGENERAL | Pasadena, CA | $20K | 2023 |
| Catholic Charities Of Los AngelesGENERAL | Los Angeles, CA | $20K | 2023 |
| Downtown Women'S CenterGENERAL | Los Angeles, CA | $18K | 2023 |
| The Giving SpiritGENERAL | Los Angeles, CA | $15K | 2023 |
| Jack & Jill Late Stage Cancer FoundationGENERAL | Chicago, IL | $13K | 2023 |
| Casa Of Los AngelesGENERAL | Monterey Park, CA | $10K | 2023 |
| Have A SoleGENERAL | Long Beach, CA | $10K | 2023 |
| Mount Wilson ObservatoryGENERAL | Pasadena, CA | $10K | 2023 |
| Jewish Family Service LaGENERAL | Los Angeles, CA | $10K | 2023 |
| Shomrei Torah SynagogueGENERAL | West Hills, CA | $10K | 2023 |
| The Midnight MissionGENERAL | Los Angeles, CA | $10K | 2023 |
| Tunnel To Towers FoundationGENERAL | Staten Island, NY | $30K | 2022 |
| Hope Of The Valley Rescue MissionGENERAL | Mission Hills, CA | $20K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA