Morby Family Foundation Inc
- Assets
- $0.0
- Revenue
- $801.0k
- Investments
- $21.1m
- Employees
- 0
- Location
- Key Largo, FL
- Founding
- 06/1988
- Data as of
- 11/2020
- EIN
- 04-2943793
Organization Overview
Morby Family Foundation Inc is located in Key Largo, FL. The organization was established in 1988. 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. Morby Family 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 11/2020, Morby Family Foundation Inc generated $801.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $940.9k during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline C Morby Pres/direc | 0 | $0 | |
Jeffrey Morby Tres/direc | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43,206 |
| Dividends & Interest | $701,198 |
| Profit on Inventory Sales | $0 |
| Other Income | -$49,034 |
| Total Revenue | $800,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $111,853 |
| Contributions, gifts, grants paid | $829,054 |
| Total expenses and disbursements | $940,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,197,256 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |