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Morgan Morton Family Foundation Inc. is a private corporation based in KIAWAH ISLAND, SC. The foundation received its IRS ruling in 2001. The principal officer is S Morgan Morton. It holds total assets of $991K. Annual income is reported at $444K. Total assets have decreased from $1.5M in 2011 to $1.2M in 2023. The foundation is governed by 4 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 2020 to 2023. The foundation primarily funds organizations in South Carolina, District of Columbia and Tennessee. According to available records, Morgan Morton Family Foundation Inc. has made 9 grants totaling $762K, with a median grant of $20K. Annual giving has decreased from $202K in 2020 to $40K in 2022. Grantmaking activity was highest in 2021 with $520K distributed across 2 grants. Individual grants have ranged from $2K to $500K, with an average award of $85K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in South Carolina and Tennessee and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$20K
Average Grant
$40K
Largest Grant
$100K
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 Morton Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in SC, TN, DC.
Morgan Morton Family Foundation Inc. has distributed a total of $762K across 9 grants. The median grant size is $20K, with an average of $85K. Individual grants have ranged from $2K to $500K.
Morgan Morton Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. There are no restrictions or limitations on awards.
Morgan Morton Family Foundation Inc. is headquartered in KIAWAH ISLAND, SC. While based in SC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Saunders Morgan Morton | PRESIDENT | $0 | $0 | N/A |
| Joanne Morton | DIRECTOR | $0 | $0 | N/A |
| Marjorie Adams | DIRECTOR | $0 | $0 | N/A |
| Jeffrey Morton | DIRECTOR | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$1.2M
Fair Market Value
$1.5M
Net Worth
$1.2M
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$33K
Distribution Amount
$69K
Total Grants
9
Total Giving
$762K
Average Grant
$85K
Median Grant
$20K
Unique Recipients
6
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Metropolitan Interfaith AssociationCHARITABLE | Memphis, TN | $20K | 2022 |
| Coastal Community Foundation Of ScCHARITABLE | North Charleston, SC | $500K | 2021 |
| Trident United WayCHARITABLE | North Charleston, SC | $20K | 2021 |
| Charleston RiseCHARITABLE | Washington, DC | $20K | 2020 |
| KiawahcaresCHARITABLE | Kiawah Island, SC | $20K | 2020 |
| Friends Of Morton MuseumCHARITABLE | Collierville, TN | $2K | 2020 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC