Mayor Gayden W Morrill Charitable Foundation
- Assets
- $5.5m
- Revenue
- $286.3k
- Investments
- $5.1m
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 04-3049521
Organization Overview
Mayor Gayden W Morrill Charitable Foundation is located in Mclean, VA. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Mayor Gayden W Morrill Charitable 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, Mayor Gayden W Morrill Charitable Foundation generated $286.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $173.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mayor Gayden W Morrill Charitable Foundation has awarded 15 individual grants totaling $988,990. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFT MADE TO THE CITY OF NEWBURYPORT FOR PARK BEAUTIFICATION 110,000.00
GIFT MADE TO CITY OF NEWBURYPORT FOR PARKS BEAUTIFICATION QB/ 51624.00
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Morrill Secretary | 0 | $0 | |
Robert Morrill President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $98,017 |
| Interest on Savings | $3 |
| Dividends & Interest | $153,858 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,087 |
| Capital Gain Net Income | $146 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $331 |
| Total Revenue | $286,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,720 |
| Printing and publications | $0 |
| Other expenses | $151 |
| Total operating and administrative expenses | $11,531 |
| Contributions, gifts, grants paid | $161,624 |
| Total expenses and disbursements | $173,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,537 |
| Savings and temporary cash investments | $76,853 |
| 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 | $5,491,384 |
| 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, Mayor Gayden W Morrill Charitable Foundation has awarded $161,624 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF NEWBURYPORT PURPOSE: PARK BEAUTIFICATION | $110,000 |
NEWBURYPORT PARKS PAYPAL PURPOSE: FIELD MAINTENANCE | $51,624 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
State Employees Credit Union Foundation Raleigh, NC | $54,794,768 | $18,518,126 |
Flamboyan Foundation Inc Washington, DC | $23,344,685 | $18,816,042 |
Charles & Agnes Kazarian Eternal Foundation Washington, DC | $208,004,266 | $5,026,410 |
Building Hope Idaho Washington, DC | $97,183,207 | $6,746,312 |
Building Hope Holdings Inc Washington, DC | $2,525,393 | $4,512,862 |
Global Ahead Inc Derwood, MD | $0 | $4,557,570 |
Rona And Jeffrey Abramson Foundation Rockville, MD | $47,786,937 | $3,092,454 |
Jayne Koskinas Ted Giovanis Foundation For Health And Policy Highland, MD | $14,613,580 | $2,825,934 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
International Center On Nonviolent Conflict Washington, DC | $264,158 | $1,729,105 |
International Lifeline Fund Washington, DC | $430,867 | $1,125,070 |
Agecroft Association Richmond, VA | $24,452,362 | $3,235,294 |