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Morgan Foundation Inc. is a private corporation based in LAUREL HILL, NC. The foundation received its IRS ruling in 1992. The principal officer is % James L Morgan. It holds total assets of $1.6M. Annual income is reported at $371K. According to available records, Morgan Foundation Inc. has made 51 grants totaling $393K, with a median grant of $5K. Annual giving has grown from $107K in 2020 to $148K in 2022. Individual grants have ranged from $500 to $30K, with an average award of $8K. The foundation has supported 27 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Morgan Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in NC.
Morgan Foundation Inc. has distributed a total of $393K across 51 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $500 to $30K.
NONE - GENERALLY AWARDED TO SUPPORT EDUCATION AND COMMUNITY SERVICE.
Morgan Foundation Inc. is headquartered in LAUREL HILL, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan M Farrell | DIRECTOR | $0 | $0 | $0 |
| Matthew M Morgan | DIRECTOR | $0 | $0 | $0 |
| Tammy C Ivey | SECRETARY & TREASURER | $0 | $0 | $0 |
| James L Morgan Jr | CHAIRMAN, PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Colin K Anderson | DIRECTOR | $0 | $0 | $0 |
Total Giving
$139K
Total Assets
$1.6M
Fair Market Value
$3M
Net Worth
$1.6M
Grants Paid
$114K
Contributions
$0
Net Investment Income
$36K
Distribution Amount
$130K
Total: $1.2M
Total Grants
51
Total Giving
$393K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
27
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietySCOTLAND COUNTY RELAY FOR LIFE | Laurinburg, NC | $3K | 2022 |
| Scotland Community Health ClinicMEDICAL CARE TO UNDERPRIVILEGED | Laurinburg, NC | $30K | 2022 |
| Scotland County Family Counseling Center IncFAITH BASED COUSELING FOR LOW INCOME FAMILIES/INDIVIDUALS | Laurinburg, NC | $20K | 2022 |
| Church In The PinesREPLACE SANCTUARY HVAC | Laurel Hill, NC | $17K | 2022 |
| Growing ChangeCONVERSION OF RURAL PRISONS INTO SUSTAINABLE FARM AND EDUCATION CENTERS FOR AT RISK YOUTH |
| Melinda M Mejia |
| VICE PRESIDENT & DIRECTOR |
| $0 |
| $0 |
| $0 |
| Elizabeth E Morgan | VICE PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Laurinburg, NC |
| $15K |
| 2022 |
| Project InasmuchCHILDREN'S FEEDING PROGRAM | Laurinburg, NC | $15K | 2022 |
| Church Community ServicesCOMMUNITY OUTREACH | Laurinburg, NC | $10K | 2022 |
| Hospice Of Scotland CountyRICHARD L. BYRNE MEMORIAL | Laurinburg, NC | $5K | 2022 |
| Monroe Camp & Retreat CenterRENOVATION OF BATHHOUSES | Laurel Hill, NC | $5K | 2022 |
| Partners In MinistryCOMMUNITY EDUCATION CENTER | Laurinburg, NC | $5K | 2022 |
| Domestic Violence & Rape Crisis CenterGENERAL CONTRIBUTION | Laurinburg, NC | $5K | 2022 |
| Scotland County Literacy CouncilGENERAL CONTRIBUTION | Laurinburg, NC | $4K | 2022 |
| Scots For Youth IncMENTORING PROGRAM FOR AT RISK YOUTH | Laurinburg, NC | $4K | 2022 |
| Habitat For HumanityBIKE TO BUILD | Laurinburg, NC | $3K | 2022 |
| Scotland Memorial Foundation"PUTTIN ON THE RITZ" FUNDRAISER | Laurinburg, NC | $2K | 2022 |
| Live Like MadisonPEDIATRIC CANCER RESEARCH | Laurinburg, NC | $2K | 2022 |
| Laurinburg Presbyterian ChurchGENERAL CONTRIBUTION | Laurinburg, NC | $1K | 2022 |
| Laurinburg Tis The SeasonDOWNTOWN COMMUNITY SUPPORT PROGRAMS | Laurinburg, NC | $1K | 2022 |
| Total Women Outreach MinistryCOMMUNITY OUTREACH PROGRAM | Laurinburg, NC | $1K | 2022 |
| St Andrews UniversityREFURBISHMENT OF DORMITORY BATHROOMS DAMAGED DURING HURRICANE | Laurinburg, NC | $20K | 2021 |
| Scotland County Family Counseling CenterFAITH BASED COUSELING FOR LOW INCOME FAMILIES/INDIVIDUALS | Laurinburg, NC | $20K | 2021 |
| Domestic Violence And Rape Crisis CenterOPERATING FUNDS | Laurinburg, NC | $10K | 2020 |
| Scotland County Concerned Citizens For The HomelessPROVIDES ASSISTANCE TO THE HOMELESS IN SCOTLAND COUNTY | Laurinburg, NC | $10K | 2020 |
| Scotland Memorial Foundation IncCHUCK HICKS MEMORIAL | Laurinburg, NC | $5K | 2020 |
| Scotland County Partnership For Children And Families - Smart Start ProgramDAY CARE ASSISTANCE & PARENTING | Laurinburg, NC | $5K | 2020 |
| Andrew Williams Employee Scholarship Fund Co Presbyterian Homes IncEMPLOYEE SCHOLARSHIP FUND | Colfax, NC | $5K | 2020 |
| Cape Fear Council Boy Scouts Of AmericaOPERATING FUNDS | Lumberton, NC | $500 | 2020 |
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