James Norris Foundation Inc
- Assets
- $62.4k
- Revenue
- $11.5k
- Investments
- $18.7k
- Employees
- 0
- Location
- Southbury, CT
- Founding
- 04/1954
- Data as of
- 12/2022
- EIN
- 36-6047942
Organization Overview
James Norris Foundation Inc is located in Southbury, CT. The organization was established in 1954. 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. James Norris 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 12/2022, James Norris Foundation Inc generated $11.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $28.5k during the year ending 12/2022. While expenses have increased by 28.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon D Norris President | 1 | $0 | |
Marie-Pierre Norris Secretary | 1 | $0 | |
Amber Norris Director | 1 | $0 | |
Quentin Norris Director | 1 | $0 | |
John P O'byrne Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $2,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,936 |
| Capital Gain Net Income | $8,936 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $220 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,776 |
| Contributions, gifts, grants paid | $25,750 |
| Total expenses and disbursements | $28,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,738 |
| 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 | $62,442 |
| 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, James Norris Foundation Inc has awarded $25,750 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN CONNECTICUT STATE UNIVERSITY PURPOSE: DONATION | $5,000 |
QUASSAPAUG SAILING CENTER PURPOSE: DONATION | $1,150 |
WESTOVER FACULTY FUND PURPOSE: DONATION | $350 |
SOUTHERN CONNECTICUT STATE UNIVERSITY PURPOSE: DONATION | $10,000 |
SOUTHERN CONNECTICUT STATE UNIVERSITY PURPOSE: DONATION | $6,250 |
UNDERWATER SOCIETY OF AMERICA INC PURPOSE: DONATION | $3,000 |