Pete Morgan Foundation Trust
Preselected recipients only
Pete Morgan Foundation Trust is a private foundation in Denver, Colorado. In tax year 2024 it gave $410,000 in 9 grants; the typical grant was $25,000 and the largest $150,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$410,000
- Number of grants9
- Typical grant$25,000
- Largest grant$150,000
- Assets$1.7 million
- New grantees22%
Giving in 2024 was down from $434,250 the year before.
22% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $434,250 | 8 | $1.7 million |
| 2024 | $410,000 | 9 | $1.7 million |
How to apply
Pete Morgan Foundation Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Pete Morgan Foundation Trust funds
Where it gives
Its grants went to recipients in 6 states, the most to Colorado.
| State | Grants | Amount |
|---|---|---|
| Colorado | 4 | $245,000 |
| Georgia | 1 | $100,000 |
| Illinois | 1 | $25,000 |
| South Dakota | 1 | $25,000 |
| Hawaii | 1 | $10,000 |
| Texas | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Wellspring Church | Gifts of cash | $150,000 |
| National Christian Foundation | Gifts of cash | $100,000 |
| Save Our Youth | Gifts of cash | $50,000 |
| Mordecai Network | Gifts of cash | $35,000 |
| Asone Ministries | Gifts of cash | $25,000 |
| Promised Land Living | Gifts of cash | $25,000 |
| Grace Honolulu | Gifts of cash | $10,000 |
| Life Center Ethiopia | Gifts of cash | $10,000 |
| Salesmanship Club Charitable Golf of Dallas | Gifts of cash | $5,000 |
Officers and trustees
- Kylee McVaney Lourie
Questions people ask
Does Pete Morgan Foundation Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Pete Morgan Foundation Trust give?
$410,000 in tax year 2024, across 9 grants, with a typical grant of $25,000.
Who runs Pete Morgan Foundation Trust?
Its 2024 filing lists Kylee McVaney Lourie (Trustee).
What does Pete Morgan Foundation Trust fund?
Based on its grants, mainly faith communities.