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The Margaret Clark Morgan Foundation

Profile

Last Updated: 2016-07-28

At A Glance

The Margaret Clark Morgan Foundation

10 W. Streetsboro St., Ste. 200

Hudson, OH United States 44236-2851

Telephone: (330) 655-1366

URL: www.mcmfdn.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $89,180,529

Total giving: $2,885,489

EIN

341948246

BRIDGE Number

0830001554

Background

Established in 2001 in OH - The Margaret Clark Morgan Foundation was founded in 2001 in Hudson, Ohio, as a private grantmaking foundation. Margaret Clark Morgan's husband, Burton D. Morgan, provided the initial donation that established the foundation. Since its founding, the foundation has steadfastly kept its sights on fulfilling the interests of its founder and Chairman Emeritus, a longtime Hudson resident, active community member and compassionate advocate of change. Margaret "Peg" Clark Morgan was both the compass and conscience of the foundation that bears her name, always guiding its thinking and challenging convention. Peg generously contributed both time and treasure to causes important to her, most notably mental health, education and the arts. Thus, the foundation's primary focus of support is the mental health field, with secondary interest in education and the arts. The foundation acts as social entrepreneurs, creating measurable social impact with its grant investment dollars. The foundation is dedicated to making an impact in the key areas of mental health in Northeast Ohio, education in Summit and Portage counties, and the arts in Summit County.

Purpose and Activities

Giving to improve the lives of people with serious mental illness by investing in innovative projects in Northeast Ohio having national transformational impact .

Fields of Interest

Subjects
  • Arts and culture
  • Education
  • Health
  • Mental health care
Population Groups
  • Academics
  • Children and youth
  • People with disabilities
  • People with psychosocial disabilities
  • Students

Financial Data

Year ended 2014-12-31

Assets: $89,180,529 (market value)

Gifts received: $98,943

Expenditures: $4,937,385

Total giving: $2,885,489

Qualifying distributions: $3,746,446