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Morey Foundation is a private corporation based in MT PLEASANT, MI. The foundation received its IRS ruling in 1992. The principal officer is % Lon Morey. It holds total assets of $30.4M. Annual income is reported at $10.1M. GRANTS TO CRC OF ISABELLA COUNTY. According to available records, Morey Foundation has made 5 grants totaling $4.1M, with a median grant of $797K. Annual giving has grown from $422K in 2020 to $637K in 2023. Grantmaking activity was highest in 2022 with $2.2M distributed across 2 grants. Individual grants have ranged from $422K to $1.1M, with an average award of $812K. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
FUNDING OF ISABELLA COMMUNITY SPORTSPLEX GYMNASTICS CENTER
Expenses: $1.4M
GRANTS TO MACKINAC CENTER FOR PUBLIC POLICY
Expenses: $210K
GRANTS TO MYMICHIGAN HEALTH FOUNDATION
Expenses: $200K
GRANTS TO ISABELLA COUNTY YOUTH AND FARM FAIR
Expenses: $126K
GRANTS TO CRC OF ISABELLA COUNTY. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MI.
Morey Foundation has distributed a total of $4.1M across 5 grants. The median grant size is $797K, with an average of $812K. Individual grants have ranged from $422K to $1.1M.
PRIMARY FOCUS IS ISABELLA COUNTY.
Morey Foundation is headquartered in MT PLEASANT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lon Morey | PRESIDENT | $31K | $0 | $31K |
| Larry Noch | TREAS/SEC | $19K | $0 | $19K |
| Gina Gentile | VP/TRUSTEE | $2K | $0 | $2K |
| Terra Lynn Boone | VP/TRUSTEE | $2K | $0 | $2K |
| Krista Morey | VP/TRUSTEE | $2K | $0 | $2K |
Total Giving
$3M
Total Assets
$29.6M
Fair Market Value
$34.7M
Net Worth
$29.5M
Grants Paid
$624K
Contributions
$0
Net Investment Income
$1.9M
Distribution Amount
$1.5M
Total: $20.6M
Total Grants
5
Total Giving
$4.1M
Average Grant
$812K
Median Grant
$797K
Unique Recipients
1
Most Common Grant
$1.1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachmentVARIOUS | Mount Pleasant, MI | $637K | 2023 |
LATHRUP VLG, MI
CALEDONIA, MI
PINCKNEY, MI
WILLIAMSTON, MI
MARLETTE, MI
| Laura King |
| VP/TRUSTEE |
| $2K |
| $0 |
| $2K |
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