EIN 34-6598971

Burton D Morgan Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
City
State
Year formed
1968
Most recent tax filings
2022-12-01
NTEE code, primary
Description
To champion the entrepreneurial spirit. A free enterprise society that supports entrepreneurship and cultivates economically independent citizens who contribute to the improvement of their communities.
Total revenues
$7,374,725
2022
Total expenses
$11,725,143
2022
Total assets
$173,175,106
2022
Num. employees
8
2022

Program areas at Burton D Morgan Foundation

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.
The Foundation has developed an online marketplace for all things in youth entrepreneurship education providing quality products to classroom teachers and outofschool instructors. Management of this digital marketplace is funded by the Foundation and provided to young entrepreneur institute at university school and others.
The Foundation has implemented a research and experimentation initiative that includes a fellowship program. The Foundation and/or Foundation fellow will study various aspects of entrepreneurship, entrepreneurship education, and program evaluation to determine best practices in the field. Results of the research will be disseminated to both academia and practitioners. In 2022 the Foundation completed a study of the collegiate entrepreneurship landscape in northeast Ohio.

Grants made by Burton D Morgan Foundation

GranteeGrant descriptionAmount
JumpStartTo Fund the Burton D. Morgan Mentoring Program$1,353,000
University School (US)Exempt Purpose of Organization$541,275
New Hampshire Charitable FoundationExempt Purpose of Organization$337,353
...and 118 more grants made totalling $6,431,530

Who funds Burton D Morgan Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Richard J Fasenmyer FoundationExpenditure Responsbility Grant - See Statement 9$500,721

Personnel at Burton D Morgan Foundation

NameTitleCompensation
Daniel HampuPresident and Chief Executive Officer$162,500
Deborah D HooverPresident and Former Chief Executive Officer$428,177
Denise M GriggsVice President and Chief Financial Officer$224,823
Souraya PierceBookkeeper and Offic$64,000
Jeanne M SilcoxExecutive Assistant$74,692

Financials for Burton D Morgan Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$3,450,016
Net rental income$100
Net gain from sale of non-inventory assets$3,325,620
Gross sales of inventory$0
Miscellaneous revenues$598,989
Total revenues$7,374,725

Form 990s for Burton D Morgan Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-15990PFView PDF
2020-122022-04-21990PFView PDF
2020-122021-11-05990PFView PDF
2019-122022-01-07990PFView PDF
...and 8 more Form 990s
Data update history
December 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 24, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
June 2, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
22 Aurora St
Hudson, OH 44236
Metro area
Akron, OH
County
Summit County, OH
Website URL
bdmorganfdn.org 
Phone
(330) 655-1660
Twitter profile
@bdmorganfdn 
IRS details
EIN
34-6598971
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Burton D Morgan Foundation has new information, or want to find more organizations like Burton D Morgan Foundation?

Create free Cause IQ account