Morris Charitable Trust
- Assets
- $2.4m
- Revenue
- $244.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Wynnewood, PA
- Founding
- 05/1987
- Data as of
- 12/2022
- EIN
- 22-2798233
Organization Overview
Morris Charitable Trust is located in Wynnewood, PA. The organization was established in 1987. 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. Morris Charitable Trust 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, Morris Charitable Trust generated $244.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $262.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Morris Charitable Trust has awarded 115 individual grants totaling $530,125. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE PARTNERSHIP FOR EDUCATION-INNER CITY SCHOOL GRADES 4-8 80 CHILDREN
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Morris Trustee | 10 | $0 | |
Rosemorris Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $225,000 |
| Interest on Savings | $19,847 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $244,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $929 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,100 |
| Contributions, gifts, grants paid | $261,425 |
| Total expenses and disbursements | $262,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,409,270 |
| 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 | $2,409,270 |
| 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, Morris Charitable Trust has awarded $261,425 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
INGLIS HOUSE PURPOSE: HOUSING HANDICAPPED | $5,000 |
NARBERTH FIRE CO PURPOSE: COMMUNITY SERVICE | $200 |
HEDWIG HOUSE INC PURPOSE: COMMUNITY ACTIVITY | $5,000 |
NARBERTH AMBULENCE PURPOSE: COMMUNITY ACTIVITIES | $500 |
CATHOLIC CHARITIES APPEAL PURPOSE: COMMUNITY CHARITIES | $25,000 |
ST MARGARETS CHURCH SCHOOL PURPOSE: TUITION ASSISTANCE | $19,115 |