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Morgridge Family Foundation

Profile

Last Updated: 2016-06-04

At A Glance

Morgridge Family Foundation

4242 E. Amherst Ave.

Denver, CO United States 80222-6702

URL: online.foundationsource.com/public/home/morgr...

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $75,440,307

Total giving: $10,000,000

EIN

262336633

BRIDGE Number

4098171462

Background

Established in 2008 in CO - Founded by John P. Morgridge who is the former Chairman of Cisco Systems, a multinational communications technology corporation. Mr. Morgridge also serves on several corporate and charity boards of directors, including the Nature Conservancy and the Wisconsin Alumni Research Foundation. He was also featured in the 2011 documentary film "Something Ventured." John and Tashia Morgridge have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.

Purpose and Activities

The foundation's mission is to serve the neediest of the needy, with emphasis on support for educational programs. Support also for arts and culture, strengthening the community, health and wellness, and early childhood literacy.

Fields of Interest

Subjects
  • Arts and culture
  • Community and economic development
  • Education
  • Elementary and secondary education
  • Health
  • Reading promotion
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2013-12-31

Assets: $75,440,307 (market value)

Gifts received: $21,247,669

Expenditures: $11,244,612

Total giving: $10,000,000

Qualifying distributions: $10,202,628

Giving activities include:

$10,000,000 for 162 grants (high: $1,000,000; low: $200)