Donald Morris Charitable Trust
- Assets
- $11.1m
- Revenue
- $2.7m
- Investments
- $9.9m
- Employees
- 0
- Location
- Lowell, OH
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 61-6553802
Organization Overview
Donald Morris Charitable Trust is located in Lowell, OH. The organization was established in 2017. 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. Donald Morris Charitable Trust 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, Donald Morris Charitable Trust generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $985.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Donald Morris Charitable Trust has awarded 48 individual grants totaling $1,587,903. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $636,363 |
| Interest on Savings | $0 |
| Dividends & Interest | $173,378 |
| Net Rental Income | $239,714 |
| Net Gain on Sale of Assets | -$1,607 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,637,935 |
| Total Revenue | $2,685,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $226,907 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,711 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $207,195 |
| Total operating and administrative expenses | $485,671 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $985,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $786,541 |
| Savings and temporary cash investments | $396,135 |
| 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 | $9,936,221 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,118,897 |
| 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, Donald Morris Charitable Trust has awarded $500,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BARLOW VOLUNTEER FD PURPOSE: TO PURCHASE NEW EQUIPMENT. | $10,000 |
BEVERLY VOLUNTEER FD PURPOSE: TO PURCHASE NEW EQUIPMENT. | $10,000 |
CENTER TWP VOLUNTEER FD PURPOSE: TO PURCHASE NEW EQUIPMENT. | $10,000 |
BARTLETT VOLUNTEER FD PURPOSE: TO PURCHASE NEW EQUIPMENT. | $10,000 |
DEVOLA VOLUNTEER FD PURPOSE: TO PURCHASE NEW EQUIPMENT. | $10,000 |
HOCKING COLLEGE FOUNDATION PURPOSE: DONATION TO PURCHASE NEW EQUIPMENT FOR STUDENTS. | $45,051 |