E A Morris Charitable Foundation is located in Durham, NC. The organization was established in 1980. 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. E A Morris Charitable 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 12/2023, E A Morris Charitable Foundation generated $400.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $762.5k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 8 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.
Since 2016, E A Morris Charitable Foundation has awarded 194 individual grants totaling $3,345,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katharine Thomas Director | 0.1 | $0 | |
E Jack Walker Director,secretary | 0.15 | $0 | |
Edwin Thomas Director | 0.1 | $0 | |
Charles Fuller Director | 0.1 | $0 | |
John S Thomas President | 35 | $196,048 | |
Kenneth B Morgan Director,treasurer | 10 | $63,581 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $298,745 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $101,609 |
Capital Gain Net Income | $101,609 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $400,354 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $259,629 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,636 |
Depreciation | $0 |
Occupancy | $2,700 |
Travel, conferences, and meetings | $273 |
Printing and publications | $0 |
Other expenses | $62,272 |
Total operating and administrative expenses | $336,510 |
Contributions, gifts, grants paid | $426,000 |
Total expenses and disbursements | $762,510 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,944 |
Savings and temporary cash investments | $283,005 |
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 | $1,049 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $11,330,085 |
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 |
Over the last fiscal year, E A Morris Charitable Foundation has awarded $426,000 in support to 21 organizations.
Grant Recipient | Amount |
---|---|
AMISTAD MISSION PURPOSE: GENERAL SUPPORT | $20,000 |
CHILD EVANGELISM FELLOWSHIP PURPOSE: GENERAL SUPPORT | $5,000 |
CONE HEALTH PURPOSE: E A MORRIS FUND | $20,000 |
DUKE COMPREHENSIVE CANCER CENTER PURPOSE: COMPREHENSIVE CANCER CENTER | $20,000 |
EPISCOPAL CHURCH OF THE HOLY COMFORTER PURPOSE: GENERAL SUPPORT | $7,500 |
EXPONENT PHILANTHROPY PURPOSE: GENERAL SUPPORT | $1,000 |