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Deerbrook Charitable Trust

Profile

Last Updated: 2016-02-29

At A Glance

Deerbrook Charitable Trust

(formerly Morningstar Foundation)

2 Wisconsin Cir., Ste. 700

Chevy Chase, MD United States 20815-7007

URL: www.deerbrooktrust.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $71,463,312

Total giving: $13,179,690

EIN

206257418

Background

Established in 2004 in FL

Purpose and Activities

The trust's mission is to provide individuals of all ages with opportunities for a better education, a stronger family, a healthier life, and a more secure future.

Fields of Interest

Subjects
  • Elementary and secondary education
  • Human services
  • Youth development
  • Youth services
Population Groups
  • Academics
  • Adolescents
  • Adults
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $71,463,312 (market value)

Gifts received: $58

Expenditures: $14,145,502

Total giving: $13,179,690

Qualifying distributions: $13,699,845

Giving activities include:

$13,179,690 for 30 grants (high: $4,354,336; low: $1,500)