Funder DirectoryMORGAN CREEK FOUNDATION
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Private foundation (trust)EIN 203999739Est. 2016-01

MORGAN CREEK FOUNDATION

CHAPEL HILL, NC 27517

Total Assets

$4.2M

FY 2024

Annual Giving

$253K

FY 2024

Grants Made

30

FY 2024

Avg Grant

$8K

FY 2024

Grant Range

$1K–$18K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$228K

The morgan creek foundation seeks to fund not-for-profit organizations in the communities where we live and work that provide disadvantaged children and youth the opportunity to participate in academic programs designed to help them develop the skills necessary to become a successful adult later in life and to contribute to the communities where they choose to live in their own unique way. In 2024 morgan creek foundation assisted 18 organizations.

Program 2

$25K

Scholarships awarded to graduating high school students or individuals who have obtained a g.e.d., who will attend a post-secondary educational institution and have an affiliation with one or more of the current or former morgan creek foundation grantees (see activity described in activity one). In 2024 morgan creek foundation awarded twelve scholarships.

Focus Areas

Corporate Foundations

Financial Snapshot

2024 filing

Total Revenue

$284K

Total Expenses

$260K

Qualifying Distributions

$255K

Distributable Amount

$191K

Min. Investment Return

$193K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

30 grants

Grant sizes from minimum $1K through median $10K to maximum $18K, 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

7 years

Giving over time from 2018 to 2024. Peak $278K in 2021. Hover bars for details.

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

Top Recipients

209 grants

TRIANGLE LITERACY COUNCIL
$90K
6 grants
EAST DURHAM CHILDREN'S INITIATIVE
$90K
6 grants
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
$81K
6 grants
ORANGE COUNTY LITERACY COUNCIL
$80K
6 grants
DURHAM NATIVITY SCHOOL INC
$80K
5 grants
DURHAM LITERACY CENTER
$78K
6 grants
BOOMERANG YOUTH
$72K
6 grants
DURHAM PARTNERSHIP OR CHILDREN
$70K
5 grants

Grant Size Distribution

209 grants

<$10K
136
grants
$10–50K
73
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

North Carolina
$1.6M
91% of total
Virginia
$63K
4% of total
New York
$54K
3% of total
New Jersey
$18K
1% of total
Massachusetts
$8K
0% of total
Alabama
$6K
0% of total
Pennsylvania
$6K
0% of total
Illinois
$5K
0% of total

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MORGAN CREEK FOUNDATION — Grants, Financials & Contact | Grantivo