Cfm Foundation

Organization Overview

Cfm Foundation, operating under the name The Moorman Foundation, is located in Quincy, IL. The organization was established in 1984. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Moorman 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 03/2022, Moorman Foundation generated $10.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $4.1m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Moorman Foundation has awarded 227 individual grants totaling $31,140,378. 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE GRANTS TO PUBLIC CHARITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS PROVIDED TO PUBLIC CHARITIES


GRANTS PROVIDED TO PUBLIC CHARITIES


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Board, Officers & Key Employees

Name (title)Compensation
Delmer R Mitchell
Director - P
$0
Harold B Oakley
Director - S
$0
John G Stevenson Jr
Director
$0
Robert B Black
Director
$0
Jack R Sharkey
Director
$0
Bryan K Stokes
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wells Fargo Advisors
Investment Fees
$539,976
Mercantile Bank
Investment Fees
$282,125
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $2,090,118
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,334,064
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,424,182

Grants Awarded

Over the last fiscal year, Cfm Foundation has awarded $3,195,599 in support to 28 organizations.

Grant RecipientAmount

QUINCY UNIVERSITY

Org PageRecipient Profile

Quincy, IL

PURPOSE: FINANCIAL RECOVERY

$1,000,000

BLESSING FOUNDATION

Org PageRecipient Profile

Quincy, IL

PURPOSE: BLESSING-RIEMAN COLL

$500,000

CULVER STOCKTON COLLEGE

Org PageRecipient Profile

Canton, MO

PURPOSE: ROOF REPAIRS

$250,000

QUINCY PUBLIC SCHOOLS FOUNDATION

Org PageRecipient Profile

Quincy, IL

PURPOSE: OPS AND NEW TECH

$170,000

QUINCY SOCIETY OF FINE ARTS

Org PageRecipient Profile

Quincy, IL

PURPOSE: CHADDOCK IT INFRASTR

$112,500

Quincy, IL

PURPOSE: OPERATING EXPENSES

$100,000
View Grant Profile

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