Mori Legacy Foundation Inc
- Assets
- $21.1m
- Revenue
- $190.4k
- Investments
- $14.9m
- Employees
- 0
- Location
- Royal Palm Beach, FL
- Founding
- Data as of
- 12/2022
- EIN
- 84-4249682
Organization Overview
Mori Legacy Foundation Inc is located in Royal Palm Beach, FL. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mori Legacy Foundation Inc 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, Mori Legacy Foundation Inc generated $190.4k in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANIMAL SANCTUARY & CARE CHARITIES, MILITARY VETRANS AND RELATED CHARITIES AND ENVIRONMENTAL, ECOLOGICAL AND PRESERVATION CHARITIES DONATIONS TOTALING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Allen Pres/director | 10 | $400,000 | |
Louis John Claps Treas/director | 10 | $400,000 | |
John Jennings Vp/director | 10 | $150,000 | |
Andrew Pallen Sec/director | 10 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,214 |
| Dividends & Interest | $180,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $190,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $59,094 |
| Interest | $7,338 |
| Taxes | $34,809 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,749 |
| Total operating and administrative expenses | $1,300,600 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,300,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,433,125 |
| 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 | $4,832,307 |
| 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 | $21,131,275 |
| 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 | $399,725 |
| Other liabilities | $0 |
| Total liabilities | $399,725 |
Grants Awarded
Over the last fiscal year, Mori Legacy Foundation Inc has awarded $44,007,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EUGENE EWAN MORI FOUNDATION PURPOSE: ANIMAL CARE,VETRANS,ENVIRONMENTAL | $35,000,000 |
ENVIRONMENTAL & CORAL REEF PURPOSE: ANIMAL CARE,ENVIRONMENTAL | $9,000,000 |
ELEPHANT SANCTUARY PURPOSE: ANIMAL CARE | $7,500 |