Funder DirectoryTHE MORGAN E CLINE PERPETUAL
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Private foundation (trust)EIN 477016421Est. 2015-07

THE MORGAN E CLINE PERPETUAL

CENTERVILLE, IA 52544

Accepts unsolicited proposals

Total Assets

$14.5M

FY 2023

Annual Giving

$214K

FY 2023

Grants Made

7

FY 2023

Avg Grant

$31K

FY 2023

Grant Range

$200–$200K

Typical

Deadlines

There are no submission deadlines at t…

Applications

Programs & Activities

Program 1

$1.5M

Fostering viable and thriving communities in and around appanoose county, iowa by collaborating to provide resources and professional support. Operations in 2023 included, the operations of the continental hotel and the majestic theater both of which are located in appanoose county, iowa and were operated as outlined in the will of morgan e. Cline and the form 1023 application.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$1.3M

Total Expenses

$2.0M

Qualifying Distributions

$899K

Distributable Amount

$543K

Min. Investment Return

$546K

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

7 grants

Grant sizes from minimum $200 through median $3K to maximum $200K, 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 2018 to 2023. Peak $528K in 2021. Hover bars for details.

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

Top Recipients

44 grants

INDIAN HILLS COMMUNITY COLLEGE FOUNDATION
$800K
3 grants
RATHBUN LAKE AREA YMCA
$45K
3 grants
CITY OF EXLINE
$45K
5 grants
KIDS WORLD
$27K
3 grants
ALL PLAY
$25K
1 grant
ALL-PLAY
$25K
1 grant
MOULTON VOLUNTEER FIREFIGHTERS ASSOCIATION
$21K
1 grant
CENTERVILLE CONCERT ASSOCIATION
$20K
3 grants

Grant Size Distribution

44 grants

<$10K
28
grants
$10–50K
13
grants
$50–250K
2
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

1 states

Iowa
$1.2M
100% of total

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THE MORGAN E CLINE PERPETUAL — Grants, Financials & Contact | Grantivo