Morris Communications Foundation Trust Agreement
- Assets
- $41.5k
- Revenue
- -$1.0k
- Investments
- $39.6k
- Employees
- 0
- Location
- Augusta, GA
- Founding
- 02/1977
- Data as of
- 12/2023
- EIN
- 48-6212412
Organization Overview
Morris Communications Foundation Trust Agreement is located in Augusta, GA. The organization was established in 1977. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morris Communications Foundation Trust Agreement is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Morris Communications Foundation Trust Agreement has awarded 40 individual grants totaling $186,205. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED SCHOLARSHIPS AT ONE COLLEGE AND ONE UNIVERSITIY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William S Morris III Trustee | 1 | $0 | |
Craig S Mitchell Trustee | 1 | $0 | |
Terry K House Jr Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,503 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,504 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,218 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $17,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,922 |
| 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 | $41,545 |
| 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 Communications Foundation Trust Agreement has awarded $7,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KANSAS STATE UNIVERISTY PURPOSE: FUND SCHOLARSHIP | $5,000 |
CHADRON STATE COLLEGE PURPOSE: FUND SCHOLARSHIP | $2,500 |