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Also known as: MORGAN FOUNDATION INC
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Louie R & Gertrude Morgan Foundation Inc. is a private corporation based in SARASOTA, FL. The foundation received its IRS ruling in 1962. It holds total assets of $2.7M. Annual income is reported at $559K. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Florida. According to available records, Louie R & Gertrude Morgan Foundation Inc. has made 46 grants totaling $555K, with a median grant of $10K. Annual giving has grown from $142K in 2021 to $222K in 2023. Individual grants have ranged from $3K to $35K, with an average award of $12K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, New Jersey, which account for 91% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$11K
Average Grant
$15K
Largest Grant
$40K
Based on 11 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.
Louie R & Gertrude Morgan Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in FL, MA, NJ.
Louie R & Gertrude Morgan Foundation Inc. has distributed a total of $555K across 46 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $3K to $35K.
Louie R & Gertrude Morgan Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (596142359) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Louie R & Gertrude Morgan Foundation Inc. is headquartered in SARASOTA, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bobby C Mixon | PRESIDENT | $0 | $0 | N/A |
| Pam Vowels | SECRETARY | $0 | $0 | N/A |
| Lori Eskew | VICE PRESIDENT/TREASURER | $0 | $0 | N/A |
Total Giving
$252K
Total Assets
$2.6M
Fair Market Value
$3.2M
Net Worth
$2.6M
Grants Paid
$222K
Contributions
N/A
Net Investment Income
$291K
Distribution Amount
$151K
Total: $101K
Total Grants
46
Total Giving
$555K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
27
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lakewood Ranch Baseball BoostersGENERAL | Bradenton, FL | $35K | 2023 |
| Camp Ellie MaeGENERAL | Swansea, MA | $25K | 2023 |
| Rbi'S Softball Of Florida IncGENREAL | Christmas, FL | $20K | 2023 |
| Rotary Club Of Sarasota Southside FoundationGENREAL | Sarasota, FL | $15K | 2023 |
| Woodland Early Childhood Center IncGENREAL | Bradenton, FL | $15K | 2023 |
| Christian Family Church Sarasota IncGENERAL | Sarasota, FL | $15K | 2023 |
| Books For KidsGENREAL | Lakewood Ranch, FL | $15K | 2023 |
| Special Olympics FloridaGENERAL | Clermont, FL | $14K | 2023 |
| Childeren Guardian FundGENREAL | Sarasota, FL | $10K | 2023 |
| Myakka Family Worship CenterGENERAL | Myakka City, FL | $10K | 2023 |
| Providence Baptist ChurchGENERAL | Springfield, TN | $10K | 2023 |
| Rotary Gift Of LifeGENREAL | Sarasota, FL | $10K | 2023 |
| Arcadia All Florida Championship RodeoGENERAL | Arcadia, FL | $5K | 2023 |
| Fairview Titans Jr Pro FootballGENERAL | Fairview, TN | $5K | 2023 |
| Lady Sailors Softball IncGENERAL | Sarasota, FL | $5K | 2023 |
| Tampa MustangsGENERAL | Tampa, FL | $5K | 2023 |
| Church Of ChristGENERAL | Arcadia, FL | $5K | 2023 |
| Florida Top Dog All Stars IncGENERAL | Largo, FL | $3K | 2023 |
| Manatee Bulls Youth SportsGENERAL | Sarasota, FL | $10K | 2022 |
| The Achievement Center Booster ClubGENERAL | Sarasota, FL | $10K | 2022 |
| Arcadia Church Of GodGENERAL | Arcadia, FL | $5K | 2022 |
| First Baptist Church Of ArcadiaGENERAL | Arcadia, FL | $5K | 2022 |
| Florida Tip Dog All Stars IncGENERAL | Largo, FL | $3K | 2022 |
| National Wild Turkey FederationGENERAL | Edgefield, SC | $3K | 2022 |
| Suncoast Communities Blood Bank IncGENERAL | Sarasota, FL | $27K | 2021 |
| Jackson Mills Volunteer Fire CoGENERAL | Jackson, NJ | $20K | 2021 |
| State College Of Florida FoundationGENERAL | Bradenton, FL | $5K | 2021 |