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Also known as: C/O WITHUMSMITHBROWN PC
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Morgenthaler Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1999. The principal officer is Withumsmithbrown Pc. It holds total assets of $42.5M. Annual income is reported at $5.3M. Total assets have grown from $732K in 2010 to $42.5M in 2022. The foundation is governed by 3 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 2016 to 2023. The foundation primarily funds organizations in California and Ohio. According to available records, Morgenthaler Foundation has made 10 grants totaling $5.4M, with a median grant of $250K. Annual giving has grown from $1.4M in 2021 to $2M in 2023. Individual grants have ranged from $10K to $1.5M, with an average award of $541K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in California and Ohio and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$429K
Average Grant
$651K
Largest Grant
$1.5M
Based on 3 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.
Morgenthaler Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in CA, OH, MA.
Morgenthaler Foundation has distributed a total of $5.4M across 10 grants. The median grant size is $250K, with an average of $541K. Individual grants have ranged from $10K to $1.5M.
Morgenthaler Foundation typically selects its grantees rather than accepting unsolicited proposals.
Morgenthaler Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Morgenthaler | TRUSTEE | $0 | $0 | N/A |
| Todd W Morgenthaler | TRUSTEE | $0 | $0 | N/A |
| Gaye Elizabeth Morgenthaler-Jones | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.1M
Total Assets
$42.5M
Fair Market Value
$42.4M
Net Worth
$42.5M
Grants Paid
$2M
Contributions
$13K
Net Investment Income
$2.5M
Distribution Amount
$2.1M
Total: $401K
Total Grants
10
Total Giving
$5.4M
Average Grant
$541K
Median Grant
$250K
Unique Recipients
7
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gladstone InstitutesUNRESTRICTED GRANT | San Francisco, CA | $1.5M | 2023 |
| Cleveland ClinicUNRESTRICTED GRANT | Cleveland, OH | $350K | 2023 |
| Mit UniversityUNRESTRICTED GRANT | Cambridge, MA | $150K | 2023 |
| Case Western Reserve UniversityGENERATOR BUSINESS PLAN COMPETITION | Cleveland, OH | $25K | 2023 |
| Stanford UniversityUNRESTRICTED GRANT | Stanford, CA | $429K | 2022 |
| Cleveland Clinic FoundationUNRESTRICTED GRANT | Cleveland, OH | $1.4M | 2021 |
| Woodside Village ChurchUNRESTRICTED GRANT | Woodville, OH | $10K | 2021 |