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Morgan Family Foundation is a private corporation based in HUNTSVILLE, AL. The foundation received its IRS ruling in 2013. The principal officer is Sharon D Morgan. It holds total assets of $1M. Annual income is reported at $182K. Total assets have grown from N/A in 2011 to $1M in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Alabama and Montana. According to available records, Morgan Family Foundation has made 11 grants totaling $190K, with a median grant of $20K. Annual giving has grown from $60K in 2020 to $130K in 2022. Individual grants have ranged from $5K to $35K, with an average award of $17K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Alabama and Montana. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$12K
Largest Grant
$25K
Based on 5 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.
Morgan Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in AL, MT.
Morgan Family Foundation has distributed a total of $190K across 11 grants. The median grant size is $20K, with an average of $17K. Individual grants have ranged from $5K to $35K.
Morgan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Morgan Family Foundation is headquartered in HUNTSVILLE, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sara Morgan | SECRETARY | $0 | $0 | N/A |
| Benjamin Morgan | TREASURER | $0 | $0 | N/A |
| Sharon D Morgan | PRESIDENT/CHAIR | $0 | $0 | N/A |
| Timothy D Morgan | VICE PRESIDENT | $0 | $0 | N/A |
| Christopher Morgan | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$70K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$62K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$60K
Total Grants
11
Total Giving
$190K
Average Grant
$17K
Median Grant
$20K
Unique Recipients
8
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Living Waters MinistriesGENERAL SUPPORT OF PROGRAMS | Birmingham, AL | $35K | 2022 |
| Kids To LoveGENERAL SUPPORT OF PROGRAMS | Madison, AL | $20K | 2022 |
| Baby StepsGENERAL SUPPORT OF PROGRAMS | Auburn, AL | $10K | 2022 |
| Greater Gallatin United WayDONATION | Bozeman, MT | $25K | 2020 |
| Huntsville Inner City Learning CenterDONATION | Huntsville, AL | $20K | 2020 |
| Phil Campbell High SchoolDONATION | Phil Campbell, AL | $5K | 2020 |
| The University Of North Alabama BandDONATION | Florence, AL | $5K | 2020 |
| Huntsville Assistance ProgramDONATION | Huntsville, AL | $5K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL