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Filing year 2024

THE MORGAN FOUNDATION INC

Laurel Hill, North Carolina·EIN 56-1790979·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$140k
Total assets
$1.6M
Total expenses
$154k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. THE MORGAN FOUNDATION INC reported 6 unpaid officers and board members on its 990-PF.

Chairman, President & Director
Director
Secretary & Treasurer
Director
Director
Vice President & Director

Grants paid

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

Total granted

$134k

Itemized grants

23

Median grant

$5k

RecipientLocationPurposeAmount
PROJECT INASMUCHLAURINBURG, NCCHILDREN'S FEEDING PROGRAM$20k
GROWING CHANGELAURINBURG, NCCONVERSION OF RURAL PRISONS INTO SUSTAINABLE FARM AND EDUCATION CENTERS FOR AT RISK YOUTH$15k
SCOTLAND COUNTY FAMILY COUNSELING CENTER INCLAURINBURG, NCGENERAL CONTRIBUTION$15k
CHURCH IN THE PINESLAUREL HILL, NCGENERAL CONTRIBUTION$12k
RESTORING HOPE CENTER INCLAURINBURG, NCCONTRIBUTION FOR PURCHASE OF LAPTOPS$10k
TRINITY PRESBYTERIAN CHURCHLAURINBURG, NCNEIGHBOR TO NEIGHBOR FUND$7k
CHURCH COMMUNITY SERVICESLAURINBURG, NCGENERAL CONTRIBUTION$5k
FAMILY PROMISE OF SCOTLAND COUNTY INCLAURINBURG, NCTEMPORARY HOUSING FOR THE HOMELESS$5k
HOSPICE OF SCOTLAND COUNTYLAURINBURG, NCRICHARD L. BYRNE MEMORIAL GOLF TOURNAMENT$5k
LIVE LIKE MADISONLAURINBURG, NCMADISON'S TOY CHEST @ SCOTLAND, MEMORIAL HOSPITAL (FREE TOYS FOR JUVENILE CANCER PATIENTS)$5k
MONROE CAMP & RETREAT CENTERLAUREL HILL, NCFOR PURCHASE OF PLAY GROUND SET$5k
SCOTS FOR YOUTH INCLAURINBURG, NCGENERAL CONTRIBUTION$5k
TOTAL WOMEN OUTREACH MINISTRYLAURINBURG, NCGENERAL CONTRIBUTION$5k
TRINITY PRESBYTERIAN CHURCHLAURINBURG, NCSCOUT CAMP SCHOLARSHIPS$5k
LAUREL HILL FIRST BAPTIST CHURCHLAUREL HILL, NCYOUTH JAM BONANZA$3k
HABITAT FOR HUMANITYLAURINBURG, NC2023 "RUN WITH THE KNIGHTS" FUNDRAISER$3k
AMERICAN CANCER SOCIETYLAURINBURG, NCSCOTLAND COUNTY RELAY FOR LIFE$3k
SCOTLAND MEMORIAL FOUNDATIONLAURINBURG, NC"PUTTIN ON THE RITZ" FUNDRAISER$2k
LAURINBURG TIS THE SEASONLAURINBURG, NCGENERAL CONTRIBUTION$1k
LIFESAVER MINISTRIESLAURINBURG, NCGENERAL CONTRIBUTION$1k
NATIONAL CHILD SAFETY COUNCIL CO SCOTLAND COUNTY SHERIFF'S DEPARTMENTLAURINBURG, NCCHILD SAFETY AND DRUG EDUCATION PROGRAM$600
ST DAVID'S EPISCOPAL CHURCHLAURINBURG, NCRESTORATION OF ANTIQUE ORGAN$500
UNION GROVE BAPTIST CHURCHLAURINBURG, NCCOMMUNITY DAY EVENT$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MORGAN FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$47k
$139k
2023
$140k
$154k
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 North Carolina

THE 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 North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about THE MORGAN FOUNDATION INC

What are THE MORGAN FOUNDATION INC's revenue and expenses?

In 2024, THE MORGAN FOUNDATION INC reported $140k in total revenue and $154k 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.