Richard P & Claire W Morse Foundation

Organization Overview

Richard P & Claire W Morse Foundation is located in Brookline, MA. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard P & Claire W Morse Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Richard P & Claire W Morse Foundation generated $904.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $810.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2022, Richard P & Claire W Morse Foundation has awarded 16 individual grants totaling $451,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Richard P Morse
Trustee
$0
Claire W Morse
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $200,211
Net Rental Income$0
Net Gain on Sale of Assets $696,472
Capital Gain Net Income $696,472
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $8,088
Total Revenue $904,771

Grants Awarded

Over the last fiscal year, Richard P & Claire W Morse Foundation has awarded $451,650 in support to 16 organizations.

Grant RecipientAmount

BOSTON SYMPHONY ORCHESTRA

PURPOSE: DEDICATED TO THE MAKING OF MUSIC, CREATING PERFORMANCES, AND PROVIDING EDUCATIONAL AND TRAINING PROGRAMS AT THE HIGHEST LEVEL OF EXCELLENCE AND PRESENTING THIS MUSIC TO THE WIDEST AUDIENCE POSSIBLE

$125,000

MUSEUM OF FINE ARTS BOSTON

PURPOSE: CREATES EDUCATIONAL OPPORTUNITIES FOR VISITORS THAT ENCOURAGES INGUIRY AND HEIGHTENS PUBLIC UNDERSTANDING AND APPRECIATION OF THE VISUAL WORLD

$125,000

BETH ISRAEL-DEACONESS MEDICAL CENTER

PURPOSE: TRETIARY CARE ACADEMIC MEDICAL CENTER

$250

AMERICAN MUSEUM OF FLY FISHING INC

PURPOSE: COLLECTS, PRESERVES, EXHIBITS, STUDIES, AND INTERPRETS THE ARTIFACTS, ART AND LITERATURE OF THE SPORT AND USES THESE RESOURCES TO ENGAGE, EDUCATE, AND BENEFIT ALL.

$1,000

ADOLESCENT CONSULTATION SERVICES INC

PURPOSE: TO PROVIDE DIAGNOSTIC, PSYCHOLOGICAL, PSYCHIATRIC, AND EDUCATIONAL TREATMENT SERVICE TO ADOLESCENT COURT-INVOLVED CLIENTS AND THEIR FAMILIES.

$1,000

BROOKLINE COMMUNITY FOUNDATION

PURPOSE: TO PROMOTE A STRONG, ENGAGED, AND INCLUSIVE COMMUNITY.

$5,000
View Grant Profile

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