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Morgan Creek Foundation is a private corporation based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2016. The principal officer is % Mark W Yusko. It holds total assets of $4.2M. Annual income is reported at $284K. THE MORGAN CREEK FOUNDATION SEEKS TO FUND NOT-FOR-PROFIT ORGANIZATIONS IN THE COMMUNITIES WHERE WE LIVE AND WORK THAT PROVIDE DISADVANTAGED CHILDREN AND YOUTH THE OPPORTUNITY TO PARTICIPATE IN ACADEMIC PROGRAMS DESIGNED TO HELP THEM DEVELOP THE SKILLS NECESSARY TO BECOME A SUCCESSFUL ADULT LATER IN LIFE AND TO CONTRIBUTE TO THE COMMUNITIES WHERE THEY CHOOSE TO LIVE IN THEIR OWN UNIQUE WAY. IN 2022 MORGAN CREEK FOUNDATION ASSISTED 17 ORGANIZATIONS. According to available records, Morgan Creek Foundation has made 83 grants totaling $734K, with a median grant of $10K. Annual giving has grown from $278K in 2021 to $456K in 2022. Individual grants have ranged from $1K to $18K, with an average award of $9K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, New Jersey, which account for 90% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
THE MORGAN CREEK FOUNDATION SEEKS TO FUND NOT-FOR-PROFIT ORGANIZATIONS IN THE COMMUNITIES WHERE WE LIVE AND WORK THAT PROVIDE DISADVANTAGED CHILDREN AND YOUTH THE OPPORTUNITY TO PARTICIPATE IN ACADEMIC PROGRAMS DESIGNED TO HELP THEM DEVELOP THE SKILLS NECESSARY TO BECOME A SUCCESSFUL ADULT LATER IN LIFE AND TO CONTRIBUTE TO THE COMMUNITIES WHERE THEY CHOOSE TO LIVE IN THEIR OWN UNIQUE WAY. IN 2020 MORGAN CREEK FOUNDATION ASSISTED 25 ORGANIZATIONS.
Expenses: $257K
SCHOLARSHIPS AWARDED TO GRADUATING HIGH SCHOOL STUDENTS OR INDIVIDUALS WHO HAVE OBTAINED A G.E.D., WHO WILL ATTEND A POST-SECONDARY EDUCATIONAL INSTITUTION AND HAVE AN AFFILIATION WITH ONE OR MORE OF THE CURRENT OR FORMER MORGAN CREEK FOUNDATION GRANTEES (SEE ACTIVITY DESCRIBED IN ACTIVITY ONE). IN 2020 MORGAN CREEK FOUNDATION AWARDED FOUR SCHOLARSHIPS.
Expenses: $14K
THE MORGAN CREEK FOUNDATION SEEKS TO FUND NOT-FOR-PROFIT ORGANIZATIONS IN THE COMMUNITIES WHERE WE LIVE AND WORK THAT PROVIDE DISADVANTAGED CHILDREN AND YOUTH THE OPPORTUNITY TO PARTICIPATE IN ACADEMIC PROGRAMS DESIGNED TO HELP THEM DEVELOP THE SKILLS NECESSARY TO BECOME A SUCCESSFUL ADULT LATER IN LIFE AND TO CONTRIBUTE TO THE COMMUNITIES WHERE THEY CHOOSE TO LIVE IN THEIR OWN UNIQUE WAY. IN 2022 MORGAN CREEK FOUNDATION ASSISTED 17 ORGANIZATIONS. Based on available records, the foundation has funded 83 grants. Its grantmaking reaches organizations primarily in NC, VA, NJ.
Morgan Creek Foundation has distributed a total of $734K across 83 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $1K to $18K.
Morgan Creek Foundation typically selects its grantees rather than accepting unsolicited proposals.
Morgan Creek Foundation is headquartered in CHAPEL HILL, NC. While based in NC, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura Fisher | DIRECTOR/TREASURER | $10K | $0 | $10K |
| Stacey Yusko | DIRECTOR/VP/DIR. OF GRANTS | $0 | $0 | $0 |
| Michael P Hennessy | BOARD MEMBER | $0 | $0 | $0 |
| Julie Thurman | BOARD MEMBER | $0 | $0 | $0 |
| Mark W Yusko | DIRECTOR/PRESIDENT | $0 | $0 | $0 |
Total Giving
$234K
Total Assets
$3.4M
Fair Market Value
$3.4M
Net Worth
$3.4M
Grants Paid
$223K
Contributions
$103K
Net Investment Income
$101K
Distribution Amount
$152K
Total: $2.9M
Total Grants
83
Total Giving
$734K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
39
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant House New JerseySUPPORT OF DOVE LEARNING CENTER | Newark, NJ | $18K | 2022 |
| Orange County Literacy CouncilSUPPORT ADULT LITERACY PROGRAM. | Carrboro, NC | $18K | 2022 |
| Triangle Literacy CouncilSUPPORT JUVENILE LITERACY CENTER | Research Triangle Park, NC | $15K | 2022 |
| Children'S Literacy ProjectTO SUPPORT HIGH SCHOOL EDUCATIONAL AND TUTORING PROGRAMS | Durham, NC | $15K | 2022 |
| Durham Partnership Or ChildrenSUPPORT PRE-K PROGRAMMING | Durham, NC | $15K |
OVERLAND PARK, KS
LEAWOOD, KS
OVERLAND PARK, KS
MOORESVILLE, IN
MATTHEWS, NC
| Will Bacon |
| SECRETARY |
| $0 |
| $0 |
| $0 |
| Joshua Tilley | BOARD MEMBER | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Boys And Girls Club Of Wake CountyACADEMIC SUCCESS PROGRAMS. | Raleigh, NC | $13K | 2022 |
| For KidsSUPPORT OF THE EMERGENCY SHELTER PROVIDED TO FAMILIES AND CHILDREN | Chesapeake, VA | $13K | 2022 |
| D3 Community OutreachSUPPORT EDUCATIONAL AND JOB TRAINING PROGRAMS | Durham, NC | $13K | 2022 |
| University Of North Carolina At Chapel HillSUPPORT CAROLINA STUDENT TRANSFER EXCELLENCE PROGRAM (CSTEP) | Chapel Hill, NC | $13K | 2022 |
| Wonder ConnectionTO PROMOTE WELL BEING AND SELF-CONFIDENCE IN HOSPITALIZED CHILDREN AND TEENS THROUGH THE WONDERS OF NATURE AND SCIENCE. | Chapel Hill, NC | $13K | 2022 |
| Targeted Reading InstructionSUPPORT FOR PARENT/CAREGIVER EDUCATION WORKSHOP. | Chapel Hill, NC | $10K | 2022 |
| Volunteers For YouthSUPPORT YOUTH MENTORING PROGRAM | Carrboro, NC | $10K | 2022 |
| Book HarvestSUPPORT OF THE BOOK BABIES PROGRAM | Durham, NC | $10K | 2022 |
| Helps Education FundSUPPORT FOR MOVES PROGRAM | Raleigh, NC | $10K | 2022 |
| Gigi'S PlayhouseSUPPORT LITERACY PROGRAM | Raleigh, NC | $10K | 2022 |
| Mathkind Global IncTO SUPPORT GIRLS STEM CLUB IN TH TRIANGLE | Chapel Hill, NC | $10K | 2022 |
| Arts In ActionTO BRING ARTS AND DANCE PARTICIPATION TO UNDER-SERVED CHILDREN IN COMMUNITY. | Durham, NC | $5K | 2022 |
| Walter AginguSCHOLARSHIP TO NC CENTRAL UNIVERSITY | Durham, NC | $2K | 2022 |
| Janelle SchwartzSCHOLARSHIP TO EAST CAROLINA UNIVERSITY | Greenville, NC | $2K | 2022 |
| Isaac Rojas-ArreolaSCHOLARSHIP TO UNC-CHARLOTTE | Charlotte, NC | $2K | 2022 |
| Kunga ChimeSCHOLARSHIP TO BRANDEIS UNIVERSITY | Waltham, MA | $2K | 2022 |
| Abigail GomezSCHOLARSHIP TO UNC CHARLOTTE | Charlotte, NC | $2K | 2022 |
| Aisha MalikSCHOLARSHIP TO HUNTER COLLEGE | New York, NY | $2K | 2022 |
| Cody HeinrichSCHOLARSHIP TO SAMFORD UNIVERSITY | Birmingham, AL | $2K | 2022 |
| Katelyn HoustonSCHOLARSHIP TO NC A&T UNIVERSITY | Greensboro, NC | $2K | 2022 |
| Madelaine ProanoSCHOLARSHIP TO UNC WILMINGTON | Wilmington, NC | $2K | 2022 |
| Saji AnjaliSCHOLARSHIP TO UNC CHAPEL HILL | Chapel Hill, NC | $2K | 2022 |
| Durham Nativity School IncSUPPORT FOR BOOKS, TEACHING RESOURCES AND PROVIDING ONLINE ACCESS TO STUDENTS | Durham, NC | $15K | 2021 |
| The Augustine Literacy ProjectTUTORING PROGRAM IN CHAPEL HILL | Chapel Hill, NC | $15K | 2021 |
| East Durham Children'S InitiativeSUPPORT STEM SUMMER CAMP | Durham, NC | $15K | 2021 |
| Durham Literacy CenterSUPPORT OF THE YOUTH EDUCATION PROGRAM | Durham, NC | $13K | 2021 |
| Chapel Hill-Carrboro YmcaSUPPORT OF THE SCHOOL TUTORING PROGRAM IN S. ESTES NEIGHBORHOOD | Chapel Hill, NC | $13K | 2021 |
| Boomerang YouthSUPPORT FOR DISCONNECTED YOUTH | Chapel Hill, NC | $13K | 2021 |
| Wee Care Children'S Enrichment ProgramWEE CARE PROGRAMMING | Raleigh, NC | $10K | 2021 |
| Wade Edwards FoundationSUPPORT OF HI-TECH TEENS PROGRAM | Raleigh, NC | $10K | 2021 |
| Minds Matter Of Nyc IncSUMMER PROGRAMMING | New York, NY | $10K | 2021 |
| Melisa LealSCHOLARSHIP TO UNIVERSITY OF NORTH CAROLINA AT GREENSBORO | Greensboro, NC | $2K | 2021 |
| Adalgovany CaceresSCHOLARSHIP TO UNC CHAPEL HILL | Chapel Hill, NC | $2K | 2021 |
| Taibian HarrisSCHOLARSHIP TO DURHAM TECHNICAL COMMUNITY COLLEGE | Durham, NC | $1K | 2021 |
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