Morris Greenspun Foundation
- Assets
- $366.8k
- Revenue
- $12.6k
- Investments
- $300.7k
- Employees
- 0
- Location
- Highland Park, TX
- Founding
- 05/1964
- Data as of
- 12/2023
- EIN
- 75-6019227
Organization Overview
Morris Greenspun Foundation is located in Highland Park, TX. The organization was established in 1964. 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. Morris Greenspun 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, Morris Greenspun Foundation generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $25.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morris Greenspun Foundation has awarded 126 individual grants totaling $441,182. 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
THE FOUNDATION WAS INVOLVED IN NO DIRECT CHARITABLE ACTIVITIES DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Goldberg Co-Trustee | 2 | $0 | |
Elizabeth Fijolek Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,307 |
| Capital Gain Net Income | $1,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $12,642 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $261 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,968 |
| Contributions, gifts, grants paid | $21,500 |
| Total expenses and disbursements | $25,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,137 |
| 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 | $366,845 |
| 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 Greenspun Foundation has awarded $21,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DALLAS CHILDREN'S THEATRE PURPOSE: GENERAL SUPPORT | $12,500 |
KERA PURPOSE: GENERAL SUPPORT | $1,500 |
ST MARK'S SCHOOL OF TEXAS PURPOSE: GENERAL SUPPORT | $6,000 |
UNIVERSITY OF RICHMOND PURPOSE: GENERAL SUPPORT | $1,000 |
THE HOCKADAY SCHOOL PURPOSE: GENERAL SUPPORT | $500 |