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JOHN E MORGAN FOUNDATION INC

NEW YORK, NY · EIN 562290010 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$6.6M
expenses
$582K
net assets
$59.0M
employees
profile · synthesized from sources

Private foundation based in New York that makes grants to support education, public recreation, and community development. Primary funding activities include scholarships, educational programs, and facilities construction for schools and nonprofits. Grants are directed predominantly toward organizations in Pennsylvania, with a focus on Schuylkill and Lehigh counties.

named programs · 3 · from sources

What they call their work

Community Facilities Development
Funding for construction of public recreation facilities, police facilities, and nonprofit infrastructure in Tamaqua and surrounding areas
Educational Programs Support
Grants to support educational initiatives at Pennsylvania State University and Tamaqua Area School District
Scholarship Endowment
Provides endowment funding for student scholarships at Bloomsburg University, Kutztown University, and Lehigh Carbon Community College
activities · 4 groups

What they do

  • Private K–12 School Support 1 activity
    • Funding K–12 educational initiatives and facilities
      Provides grant funding for scholarships, equipment, and educational programs at the Tamaqua Area School District and supports facilities construction at Good Shepherd.
  • General Operating Support Grants 1 activity
    • Funding general operations of nonprofit organizations
      Funds the general operations of nonprofit organizations such as Helping Harvest and Schuylkill County United Way through financial grants.
  • Multi-Institution Scholarship Funding 1 activity
    • Funding higher education programs and scholarships
      Supports postsecondary education through grants to institutions including Bloomsburg University Foundation, Kutztown University Foundation, Lehigh Carbon Community College, and The Pennsylvania State University, with funding directed toward scholarships, endowments, and educational programs.
  • Capital Infrastructure Funding 1 activity
    • Funding public infrastructure and facilities projects
      Provides grants to support the construction or improvement of public facilities, including recreation facilities in Tamaqua and police-related facilities through the Tamaqua Area Community Partnership.
financials · form 990PF · fy2024
revenue
Total revenue$6.57M
Contributions & grants
Program service revenue
Investment income$1.90M29%
Other revenue$4.68M
expenses
Total expenses$582K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$135K
Grants paid out$4.97M
balance sheet
Total assets$58.96M
Cash
Investments
Liabilities
Net assets$58.96M
4 years on record · 2020–2024 · YoY revenue +42.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
JAMES ZIGMANT TREASURER/VICE CHAIRMAN/DI 5 $34K
JAY WAGNERPAID TO STEVENS AND LEE SECRETARY/DIRECTOR 5 $34K
JON ZIZELMANN DIRECTOR 5 $34K
ROBERT HILLKIRK VICE PRESIDENT/DIRECTOR 5 $34K
relationships · 10

Who they work with

  • BLOOMSBURG UNIVERSITY FOUNDATION Partner — Receives grant funding for scholarship endowment
  • BOROUGH OF TAMAQUA Government — Receives grant funding for public recreation facilities
  • GOOD SHEPARD Partner — Receives grant funding for facilities construction
  • HELPING HARVEST Partner — Receives grant funding for general operations
  • KUTZTOWN UNIVERSITY FOUNDATION Partner — Receives grant funding for scholarships
  • LEHIGH CARBON COMMUNITY COLLEGEFALL Partner — Receives grant funding for scholarships
  • SCHUYLKILL COUNTY UNITED WAY Partner — Receives grant funding for general operations
  • TAMAQUA AREA COMMUNITY PARTNERSHIP Partner — Receives grant funding for construction of police and related facilities
  • TAMAQUA AREA SCHOOL DISTRICT Government — Receives grant funding for scholarships, equipment, and educational programs
  • THE PENNSYLVANIA STATE UNIVERSITY PHILANTHROPIC FUND Partner — Receives grant funding for educational programs