Melvin And Romona Morris Family Foundation
- Assets
- $868.9k
- Revenue
- $3.3k
- Investments
- $843.2k
- Employees
- 0
- Location
- Hawthorne, CA
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-6701615
Organization Overview
Melvin And Romona Morris Family Foundation is located in Hawthorne, CA. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Melvin And Romona Morris Family 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 12/2022, Melvin And Romona Morris Family Foundation generated $3.3k in total revenue. All expenses for the organization totaled $71.0k during the year ending 12/2022.
Since 2020, Melvin And Romona Morris Family Foundation has awarded 33 individual grants totaling $222,927. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa M Jones Trustee | 7 | $0 | |
Leslie D Jones Trustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,300 |
| Interest on Savings | $144 |
| Dividends & Interest | $24,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,397 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $501 |
| Total Revenue | $3,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,101 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,306 |
| Total operating and administrative expenses | $17,707 |
| Contributions, gifts, grants paid | $53,255 |
| Total expenses and disbursements | $70,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,076 |
| Net Accounts receivable | $1,660 |
| 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 | $466,939 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $868,911 |
| 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, Melvin And Romona Morris Family Foundation has awarded $53,255 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
COLORECTAL CANCER ALLIANCE PURPOSE: GENERAL SUPPORT | $5,000 |
EQUAL JUSTICE INITIATIVE PURPOSE: GENERAL SUPPORT | $10,000 |
LADIES OF LEGACY PURPOSE: GENERAL SUPPORT | $4,000 |
MABLEAN EPHRIAM FOUNDATION PURPOSE: GENERAL SUPPORT | $4,000 |
SOCIAL JUSTICE LEARNING INSTITUTE PURPOSE: GENERAL SUPPORT | $7,500 |
UMOJA COMMUNITY PURPOSE: GENERAL SUPPORT | $7,500 |