John & Cherie Morris Family Foundation
- Assets
- $38.3k
- Revenue
- $40.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Ponte Vedra Beach, FL
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 20-0434698
Organization Overview
John & Cherie Morris Family Foundation is located in Ponte Vedra Beach, FL. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John & Cherie Morris Family 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 12/2022, John & Cherie Morris Family Foundation generated $40.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $15.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John & Cherie Morris Family Foundation has awarded 123 individual grants totaling $316,275. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Morris Trustee | 0 | $0 | |
Cherie Morris Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,255 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $35,670 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,257 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,010 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $270 |
| Total operating and administrative expenses | $3,130 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $15,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,268 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $38,268 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, John & Cherie Morris Family Foundation has awarded $12,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LAKE BURTIN CIVIC ASSOCIATION PURPOSE: SCHOLARSHIP FUND | $1,000 |
ALEXANDER THARPE FUND GEORGIA TECH ATHLETIC ASSOC PURPOSE: SUPPORT GEORGIA TECH ATHLETIC SCHOLARSHIP FUND | $1,000 |
BALLET SUN VALLEY PURPOSE: GENERAL FUND | $1,500 |
CATO INSTITUTE PURPOSE: GENERAL FUND | $500 |
GEORGIA TECH FOUNDATION INC PURPOSE: GENERAL FUND | $5,500 |
DESERT COMMUNITY FOUNDATION PURPOSE: GENERAL FUND | $1,000 |