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Pete Morgan Foundation Trust is a private trust based in DENVER, CO. The foundation received its IRS ruling in 2000. It holds total assets of $695K. Annual income is reported at $453K. Total assets have decreased from $4.1M in 2011 to $695K in 2024. The foundation is governed by 1 officer or trustee. 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 2015 to 2024. Grantmaking is concentrated in Colorado. According to available records, Pete Morgan Foundation Trust has made 15 grants totaling $3.6M, with a median grant of $100K. The foundation has distributed between $1.7M and $1.8M annually from 2021 to 2022. Individual grants have ranged from $10K to $1.4M, with an average award of $237K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$100K
Average Grant
$369K
Largest Grant
$1.4M
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.
Pete Morgan Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CO.
Pete Morgan Foundation Trust has distributed a total of $3.6M across 15 grants. The median grant size is $100K, with an average of $237K. Individual grants have ranged from $10K to $1.4M.
Pete Morgan Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Pete Morgan Foundation Trust is headquartered in DENVER, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kylee Mcvaney Lourie | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$695K
Fair Market Value
N/A
Net Worth
$695K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$3.6M
Average Grant
$237K
Median Grant
$100K
Unique Recipients
8
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wellspring ChurchGENERAL SUPPORT | Englewood, CO | $515K | 2022 |
| Valor Christian SchoolsGENERAL SUPPORT | Highlands Ranch, CO | $125K | 2022 |
| Christ The King Anglican ChurchGENERAL SUPPORT | Denver, CO | $100K | 2022 |
| Hope Rising HaitiGENERAL SUPPORT | Littleton, CO | $100K | 2022 |
| Save Our YouthGENERAL SUPPORT | Denver, CO | $15K | 2022 |
| Association Of Christian Schools IntlGENERAL SUPPORT | Colorado Springs, CO | $280K | 2021 |
| Children Of HopeGENERAL SUPPORT | Golden, CO | $25K | 2021 |
| Mordecai NetworkGENERAL SUPPORT | Superior, CO | $10K | 2021 |