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Filing year 2024

THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC

Sarasota, Florida·EIN 59-6142359·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$240k
Total assets
$2.7M
Total expenses
$189k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President
Secretary
Vice President/treasurer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$144k

Itemized grants

13

Median grant

$10k

RecipientLocationPurposeAmount
CAMP ELLIE MAESWANSEA, MAGENERAL$22k
CHILDREN'S GUARDIAN FUNDSARASOTA, FLGENREAL$16k
CHRISTIAN FAMILY CHURCH SARASOTA INCSARASOTA, FLGENERAL$15k
RBI'S SOFTBALL OF FLORIDA INCCHRISTMAS, FLGENREAL$15k
WOODLAND EARLY CHILDHOOD CENTER INCBRADENTON, FLGENREAL$15k
BOOKS FOR KIDSLAKEWOOD RANCH, FLGENREAL$10k
CHURCH OF CHRISTARCADIA, FLGENERAL$10k
LAKEWOOD RANCH BASEBALLBRADENTON, FLGENERAL$10k
ROTARY GIFT OF LIFESARASOTA, FLGENREAL$10k
SALVATION ARMYSARASOTA, FLGENERAL$10k
MOMS IN THE MAKINGFRISCO, TXGENERAL$5k
FLORIDA TOP DOG ALL STARS INCLARGO, FLGENERAL$3k
NATIONAL WILD TURKEY FEDERATIONEDGEFIELD, SCGENERAL$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$292k
$252k
2023
$240k
$189k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Florida

THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Florida earns a median of $18,656.

25th percentile
$8k
Median
$18,656
75th percentile
$60k
90th percentile
$150k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,989 organizations across 1,989 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Florida
FAQ

Common questions about THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC

What are THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC's revenue and expenses?

In 2024, THE LOUIE R AND GERTRUDE MORGAN FOUNDATION INC reported $240k in total revenue and $189k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.