Funder DirectoryBURTON D MORGAN FOUNDATION INC
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Private foundation (trust)EIN 346598971Est. 1968-02

BURTON D MORGAN FOUNDATION INC

HUDSON, OH 44236

Accepts unsolicited proposals

Total Assets

$202.8M

FY 2024

Annual Giving

$5.8M

FY 2024

Grants Made

166

FY 2024

Avg Grant

$35K

FY 2024

Grant Range

$250–$394K

Typical

Deadlines

Submission deadlines are feb 1, may 1,…

Applications

Programs & Activities

Program 1

$515K

The foundation supports and assists with staffing scalerator neo. The six-month educational program provides practical sales and marketing, organizational development and entrepreneurs on the 3 cs of growth - customers, capacity, and cash. The cohort learning experience is led by a faculty of entrepreneurship education experts including mba's, ph.d.'s, and other distinguished academians and practitioners.

Program 2

$514K

Morgan foundation supports entrepreneurship education for youth through a market-based platform on which educators decide what is funded using a points-based system. Through yippee exchange, high-quality educational resources are available on the site; educators use points to acquire these resources; and providers are paid based on what educators secure. The marketplace builds student skills and exposes students to entrepreneurs in their communities.

Program 3

$188K

The foundation has partnered with the edward lowe foundation to provide educational programming to accelerate success for second-stage businesses. The programs focus on peer learning, leadership education, and strategic information. The two foundations share a mission to champion free enterprise and entrepreneurship.

Program 4

$16K

The foundation provides support to five higher education institutions with implementing and maintaining their neolaunchnet programs. Neolaunchnet is a regional signature initiative that seeks to inspire a culture of innovation on college and university campuses, building upon the unique assets and strengths of each school, and sparking the entrepreneurial mindset in enterprising students. The foundation staff facilitates and coordinates the program in northeast ohio.

Financial Snapshot

2024 filing

Total Revenue

$15.2M

Total Expenses

$11.7M

Qualifying Distributions

$9.0M

Distributable Amount

$9.4M

Min. Investment Return

$9.5M

Payout rate 96%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.96%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

166 grants

Grant sizes from minimum $250 through median $19K to maximum $394K, 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

4 years

Giving over time from 2020 to 2024. Peak $7.3M in 2023. Hover bars for details.

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

Top Recipients

500 grants

JUMPSTART INC
$2.4M
4 grants
UNIVERSITY SCHOOL
$1.8M
9 grants
BOUNCE INNOVATION HUB
$1.5M
5 grants
NATIONAL INVENTORS HALL OF FAME INC
$693K
3 grants
WESTERN RESERVE COMMUNITY FUND
$600K
3 grants
KENT STATE UNIVERSITY FOUNDATION
$595K
9 grants
UNIVERSITY OF AKRON RESEARCH FOUNDATION
$592K
5 grants
FUND FOR OUR ECONOMIC FUTURE OF NORTHEAST OHIO
$500K
3 grants

Grant Size Distribution

500 grants

<$10K
229
grants
$10–50K
180
grants
$50–250K
77
grants
$250K–1M
13
grants
$1–5M
1
grants
$5M+

Geographic Focus

16 states

Ohio
$19.4M
90% of total
California
$543K
3% of total
New York
$452K
2% of total
New Hampshire
$342K
2% of total
Indiana
$170K
1% of total
Florida
$146K
1% of total
Iowa
$100K
0% of total
Massachusetts
$90K
0% of total
Pennsylvania
$60K
0% of total
Hawaii
$50K
0% of total

+6 more states

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