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Filing year 2024

VIRGIL AND IRENE MORGAN FOUNDATION

Edmonds, Washington·EIN 45-3757419·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$79k
Total assets
$1.7M
Total expenses
$92k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. VIRGIL AND IRENE MORGAN FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Trustee/treasurer
Managing Trustee
Trustee
Trustee

Grants paid

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

Total granted

$80k

Itemized grants

4

Median grant

$20k

RecipientLocationPurposeAmount
ASU FOUNDATIONTEMPE, AZSUPPORT FOR SCHOOL OF SOCIAL WORK MSW SCHOLARSHIP -GERONTOLOGY/ELDER ABUSE$20k
STEPPING STONES CHILDREN'S HOSPICETUKWILA, WAGENERAL SUPPORT$20k
PHOENIX CHILDREN'S FOUNDATIONPHOENIX, AZSUPPORT FOR NEUROMUSCULAR PROGRAM FUND FOR SPINAL MUSCULAR ATROPHY AND FAMILY ASSISTANCE$20k
SOUTHERN UTAH UNIVERISTYCEDAR CITY, UTSUPPORT FOR MILITARY CONNECTED AVIATION SCHOLARSHIP$20k
Financial trend

Revenue and expenses over time

VIRGIL AND IRENE MORGAN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$38k
$148k
2023
$79k
$92k
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 Washington

VIRGIL AND IRENE MORGAN FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Washington earns a median of $35,888.

25th percentile
$10k
Median
$35,888
75th percentile
$120k
90th percentile
$220k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 420 organizations across 420 filings (2022 – 2024).

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

Common questions about VIRGIL AND IRENE MORGAN FOUNDATION

What are VIRGIL AND IRENE MORGAN FOUNDATION's revenue and expenses?

In 2024, VIRGIL AND IRENE MORGAN FOUNDATION reported $79k in total revenue and $92k 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.