Morgan Pressel Foundation Inc
- Assets
- $725.5k
- Revenue
- $823.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 08/2010
- Data as of
- 06/2022
- EIN
- 27-2854677
Organization Overview
Morgan Pressel Foundation Inc is located in Boca Raton, FL. The organization was established in 2010. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Pressel Foundation Inc 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 06/2022, Morgan Pressel Foundation Inc generated $823.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $949.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morgan Pressel Foundation Inc has awarded 17 individual grants totaling $3,456,000. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CANCER FUNDRAISING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Pressel Bush President | OfficerTrustee | 10 | $0 |
Herbert I Krickstein Vice President | OfficerTrustee | 1 | $0 |
Jeffrey P Altman Secretary | OfficerTrustee | 1 | $0 |
Billi Marcus Director | Trustee | 1 | $0 |
Martin Weisfeld Director | Trustee | 1 | $0 |
Tara Clivio Executive Dir. | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $821,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $821,064 |
| Total Program Service Revenue | $0 |
| Investment income | $2,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $823,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $630,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $106,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,309 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $949,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500,046 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $225,495 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $725,542 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $725,542 |
| Total liabilities and net assets/fund balances | $725,542 |
Grants Awarded
Over the last fiscal year, Morgan Pressel Foundation Inc has awarded $629,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Boca Raton, FL PURPOSE: Community Assistance | $500,000 |
Columbia, MD PURPOSE: Community assistance | $120,000 |
Coconut Creek, FL PURPOSE: Community Assistance | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morgan Pressel Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Madeline And Arnold Schuster Foundation Inc Palm Beach, FL PURPOSE: GENERAL PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dolphins Cycling Challenge Inc Miami Gardens, FL | $2,087,830 | $8,010,731 |
Florida Breast Cancer Coalition Research Foundation North Miami, FL | $2,465,168 | $2,293,769 |
Macular Degeneration Association Sarasota, FL | $4,711,688 | $2,582,069 |
The Donna Foundation Inc Atlantic Beach, FL | $270,716 | $1,590,940 |
Morgan Pressel Foundation Inc Boca Raton, FL | $725,542 | $823,616 |
Pipers Angels Foundation Inc North Palm Beach, FL | $478,705 | $801,520 |
Girl Power 2 Cure Inc Fernandina Beach, FL | $191,513 | $668,056 |
Isakson Initiative Inc Atlanta, GA | $1,622,312 | $1,140,837 |
Kirk A And Dorothy P Landon Foundation Miami, FL | $1,258,511 | $183,633 |
Torch Relay For Childrens Miracle Network Inc Orlando, FL | $0 | $400,391 |
Long Island 2 Day Walk To Fight Breast Cancer Naples, FL | $8,475 | $205,598 |
Runway To Hope Inc Orlando, FL | $401,732 | $143,653 |