Mitchell & June Morris Foundation
- Assets
- $5.1m
- Revenue
- $790.8k
- Investments
- $4.7m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 87-0529714
Organization Overview
Mitchell & June Morris Foundation is located in Salt Lake City, UT. The organization was established in 1994. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mitchell & June Morris 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 12/2021, Mitchell & June Morris Foundation generated $790.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $684.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mitchell & June Morris Foundation has awarded 66 individual grants totaling $3,343,200. 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 | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $161,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $611,981 |
| Capital Gain Net Income | $611,981 |
| Net ST Capital Gain | $112,217 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,967 |
| Total Revenue | $790,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,509 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,661 |
| Total operating and administrative expenses | $83,960 |
| Contributions, gifts, grants paid | $600,000 |
| Total expenses and disbursements | $683,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,611 |
| 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 | $7,859 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,932 |
| Total assets | $5,111,047 |
| 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, Mitchell & June Morris Foundation has awarded $600,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF UTAH PURPOSE: EDUCATIONAL | $300,000 |
HUNTSMAN CANCER FOUNDATION PURPOSE: CHILDRENS CANCER RESEARCH | $100,000 |
JOHN A MORAN EYE CENTER PURPOSE: EYES RESEARCH | $100,000 |
CHURCH OF JESUS CHRIST OF LDS PURPOSE: HUMANITARIAN ASSISTANCE | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
Colorado School Of Mines Foundation Golden, CO | $425,843,908 | $49,131,943 |
American Indian College Fund Denver, CO | $151,570,496 | $57,441,920 |
University Of Nevada Las Vegas Foundation Las Vegas, NV | $436,194,901 | $57,839,511 |
Lincoln Institute Of Land Policy Phoenix, AZ | $774,885,329 | $64,138,879 |
Asu Enterprise Partners Tempe, AZ | $381,094,670 | $23,987,399 |
Boise State University Foundation Inc Boise, ID | $181,429,408 | $23,699,772 |
University Of Idaho Foundation Inc Moscow, ID | $461,396,601 | $57,102,014 |
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |