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Morino Foundation is a private corporation based in ROCKY RIVER, OH. The foundation received its IRS ruling in 1993. The principal officer is % Stephen W Comiskey. It holds total assets of $625K. Annual income is reported at $112K. THE MORINO INSTITUTE WAS FOUNDED IN 1994 TO STIMULATE INNOVATION AND ENTREPRENEURSHIP, ADVANCE A MORE EFFECTIVE PHILANTHROPY, CLOSE SOCIAL DIVIDES, AND UNDERSTAND THE RELATIONSHIP AND IMPACT OF THE INTERNET ON OUR SOCIETY. INITIATIVES HAVE INCLUDED THE POTOMAC KNOWLEDGEWAY, NETPRENEUR, THE YOUTH DEVELOPMENT COLLABORATIVE AND YOUTHLEARN. THE CULMINATION OF ITS EARLY YEARS RESULTED IN HELPING CREATE VENTURE PHILANTHROPY PARTNERS WHICH IT CONTINUES TO SUPPORT. THE MORINO INSTITUTE ALSO FACILITATES AND SUPPORTS ACTIVITIES VIA ITS LEAP OF REASON INITIATIVE WHICH IS DEDICATED TO SHARING THE MESSAGE OF HIGH PERFORMANCE TO A BROADER AUDIENCE. PROJECTS WITHIN THIS INITIATIVE INCLUDE THE DEVELOPMENT, PUBLICATION AND DISSEMINATION OF LEAP OF REASON AND THE PACKAGING AND DISTRIBUTION OF WORKING HARD - AND WORKING WELL, BOTH EDUCATIONAL MATERIALS. DURING 2023, CERTAIN INTANGIBLE AND INTELLECTUAL PROPERTIES RELATING TO THE LEAP OF REASON AMBASSADORS' COMMUNITY INITIATIVE WERE TRANSFERRED TO THE NATI. According to available records, Morino Foundation has made 16 grants totaling $848K, with a median grant of $10K. Annual giving has grown from $61K in 2020 to $787K in 2022. Individual grants have ranged from $3K to $250K, with an average award of $53K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in District of Columbia, Ohio, New York, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
THE MORINO INSTITUTE WAS FOUNDED IN 1994 TO STIMULATE INNOVATION AND ENTREPRENEURSHIP, ADVANCE A MORE EFFECTIVE PHILANTHROPY, CLOSE SOCIAL DIVIDES, AND UNDERSTAND THE RELATIONSHIP AND IMPACT OF THE INTERNET ON OUR SOCIETY. INITIATIVES HAVE INCLUDED THE POTOMAC KNOWLEDGEWAY, NETPRENEUR, THE YOUTH DEVELOPMENT COLLABORATIVE AND YOUTHLEARN. THE CULMINATION OF ITS EARLY YEARS RESULTED IN HELPING CREATE VENTURE PHILANTHROPY PARTNERS WHICH IT CONTINUES TO SUPPORT. THE MORINO INSTITUTE ALSO FACILITATES AND SUPPORTS ACTIVITIES VIA ITS LEAP OF REASON INITIATIVE WHICH IS DEDICATED TO SHARING THE MESSAGE OF HIGH PERFORMANCE TO A BROADER AUDIENCE. PROJECTS WITHIN THIS INITIATIVE INCLUDE THE DEVELOPMENT, PUBLICATION AND DISSEMINATION OF LEAP OF REASON AND THE PACKAGING AND DISTRIBUTION OF WORKING HARD - AND WORKING WELL, BOTH EDUCATIONAL MATERIALS. THE MORINO INSTITUTE ALSO PROVIDES ASSISTANCE TO THE LEAP OF REASON AMBASSADORS COMMUNITY WITH THE PURPOSE OF (1) INSPIRING, MOTIVATING, AND SUPPORTING N
THE MORINO INSTITUTE WAS FOUNDED IN 1994 TO STIMULATE INNOVATION AND ENTREPRENEURSHIP, ADVANCE A MORE EFFECTIVE PHILANTHROPY, CLOSE SOCIAL DIVIDES, AND UNDERSTAND THE RELATIONSHIP AND IMPACT OF THE INTERNET ON OUR SOCIETY. INITIATIVES HAVE INCLUDED THE POTOMAC KNOWLEDGEWAY, NETPRENEUR, THE YOUTH DEVELOPMENT COLLABORATIVE AND YOUTHLEARN. THE CULMINATION OF ITS EARLY YEARS RESULTED IN HELPING CREATE VENTURE PHILANTHROPY PARTNERS WHICH IT CONTINUES TO SUPPORT. THE MORINO INSTITUTE ALSO FACILITATES AND SUPPORTS ACTIVITIES VIA ITS LEAP OF REASON INITIATIVE WHICH IS DEDICATED TO SHARING THE MESSAGE OF HIGH PERFORMANCE TO A BROADER AUDIENCE. PROJECTS WITHIN THIS INITIATIVE INCLUDE THE DEVELOPMENT, PUBLICATION AND DISSEMINATION OF LEAP OF REASON AND THE PACKAGING AND DISTRIBUTION OF WORKING HARD - AND WORKING WELL, BOTH EDUCATIONAL MATERIALS. DURING 2023, CERTAIN INTANGIBLE AND INTELLECTUAL PROPERTIES RELATING TO THE LEAP OF REASON AMBASSADORS' COMMUNITY INITIATIVE WERE TRANSFERRED TO THE NATI. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in DC, OH, NY.
Morino Foundation has distributed a total of $848K across 16 grants. The median grant size is $10K, with an average of $53K. Individual grants have ranged from $3K to $250K.
Morino Foundation typically selects its grantees rather than accepting unsolicited proposals.
Morino Foundation is headquartered in ROCKY RIVER, OH. While based in OH, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew Morino | SECRETARY | $0 | $0 | $0 |
| Mario M Morino | CHAIRMAN | $0 | $0 | $0 |
| Dana S Morino | VICE CHAIR | $0 | $0 | $0 |
| Rich T Mcdonnell | TREASURER | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$644K
Fair Market Value
$644K
Net Worth
$644K
Grants Paid
$48K
Contributions
$929K
Net Investment Income
$18K
Distribution Amount
$33K
Total Grants
16
Total Giving
$848K
Average Grant
$53K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Venture Philanthropy PartnersGENERAL FUND | Washington, DC | $250K | 2022 |
| Lawrence SchoolGENERAL FUND | Broadview Heights, OH | $100K | 2022 |
| University SettlementGENERAL FUND | Cleveland, OH | $25K | 2022 |
| Jarvis Gibson FoundationGENERAL FUND | Cleveland, OH | $10K | 2022 |
| Wikimedia FoundationGENERAL FUND | Washington, DC | $5K | 2022 |
| 2018 | 990PF | View |
| Guidestar Usa IncGENERAL FUND |
| New York, NY |
| $4K |
| 2022 |
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