Peg's Foundation, formerly known as the Margaret Clark Morgan Foundation, is a private grantmaking foundation founded in 2001 in Hudson, Ohio. Established by Burton D. Morgan, the foundation aims to improve the lives of individuals with serious mental illness by investing in innovative projects in Northeast Ohio that have a national transformative impact. They also support the fundamental role of arts and education in creating a vibrant and enriching society.
Peg's Foundation awards grants to organizations recognized as tax-exempt under section 501(c)(3) and described as public charities under section 509(a) of the Internal Revenue Code. They primarily focus on mental health grants in Northeast Ohio, while arts grants are limited to Summit County and education grants are trustee initiative only, also limited to Summit County. Grant valuations range from $500 for smaller projects to multi-year, multi-million dollar grants for significant, strategic programs and projects.
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