Funder DirectoryAD & AL Morgan Memorial Scholarship Fund
Back to directory

Private foundation (trust)EIN 540309320Est. 1964-06

AD & AL Morgan Memorial Scholarship Fund

Norfolk, VA 235101681

Accepts unsolicited proposals

Total Assets

$861K

FY 2024

Annual Giving

$36K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$5K

FY 2024

Grant Range

$3K–$6K

Typical

Deadlines

Applications must be submitted prior t…

Applications

Financial Snapshot

2024 filing

Total Revenue

$53K

Total Expenses

$51K

Qualifying Distributions

$40K

Distributable Amount

$41K

Min. Investment Return

$41K

Undistributed Income

$33K

Payout rate 98%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.98%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $3K through median $6K to maximum $6K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $38K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

44 grants

Jenson Marguerite
$21K
5 grants
Cuthrell Jacob
$15K
4 grants
Richards Johnovon
$14K
3 grants
Crosby Makendra
$14K
3 grants
Hancock Hazel
$14K
3 grants
Mondaya Trinol
$14K
3 grants
Bersamma Jenna
$13K
3 grants
Basilio Jeremie
$12K
3 grants

Grant Size Distribution

44 grants

<$10K
44
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Virginia
$170K
100% of total

Ready to work on a proposal for AD & AL Morgan Memorial Scholarship Fund?

This funder accepts unsolicited proposals. Start a draft with them pre-selected.

Draft an application for AD & AL Morgan Memorial Scholarship Fund
Funder alerts

Track AD & AL Morgan Memorial Scholarship Fund

Get an email when Grantivo has new data for AD & AL Morgan Memorial Scholarship Fund, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

AD & AL Morgan Memorial Scholarship Fund — Grants, Financials & Contact | Grantivo