funder logo

The Morgridge Family Foundation

The Morgridge Family Foundation

Wilmington, DE, US
501(c)3
EIN
26-2336633
Private Foundation
Family Foundation
Regional Funder
funder logo

The Morgridge Family Foundation

Wilmington, DE, US
501(c)3
EIN
26-2336633
Private Foundation
Family Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$18,995,436

Other
81%
Investments
19%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$19,442,149

Grants
67%
Fees to Service Providers
15%
Other
10%
Salaries & Benefits
6%
Depreciation
1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,391,480
$3,516,725
-20%
Other
$25,193,076
$15,478,711
-39%
Total Revenues
$29,584,556
$18,995,436
-36%
Expenses
2023
2024
Change
Grants
$12,077,438
$13,046,742
+8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,347,526
$1,253,231
-7%
Fees to Service Providers
$2,506,734
$2,868,322
+14%
Advertising & Promotion
$9,122
$26,525
+191%
Offices, Occupancy & IT
$144,722
$119,948
-17%
Interest
$0
$0
-
Depreciation
$238,256
$240,946
+1%
Other
$2,343,787
$1,886,435
-20%
Total Expenses
$18,667,585
$19,442,149
+4%
Net income
2023
2024
Change
Net income
+$10,916,971
-$446,713
-104%
Income Statement
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