Morey & Helen Mccarthy Miller Scholarship Foundation
- Assets
- $3.6m
- Revenue
- $121.8k
- Investments
- $3.4m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1997
- Data as of
- 02/2024
- EIN
- 04-3222995
Organization Overview
Morey & Helen Mccarthy Miller Scholarship Foundation is located in Dallas, TX. The organization was established in 1997. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Morey & Helen Mccarthy Miller Scholarship 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 02/2024, Morey & Helen Mccarthy Miller Scholarship Foundation generated $121.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $240.6k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Morey & Helen Mccarthy Miller Scholarship Foundation has awarded 63 individual grants totaling $669,000. 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 | $0 |
| Dividends & Interest | $93,747 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,045 |
| Capital Gain Net Income | $19,045 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,968 |
| Total Revenue | $121,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,847 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,851 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,000 |
| Total operating and administrative expenses | $50,597 |
| Contributions, gifts, grants paid | $190,000 |
| Total expenses and disbursements | $240,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $162,530 |
| 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 | $3,564,220 |
| 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, Morey & Helen Mccarthy Miller Scholarship Foundation has awarded $190,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEW ENGLAND PURPOSE: SCHOLARSHIPS | $9,250 |
WORCESTER STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,500 |
SPRINGFIELD COLLEGE PURPOSE: SCHOLARSHIPS | $20,500 |
FAIRFIELD UNIVERSITY PURPOSE: SCHOLARSHIPS | $3,250 |
WESTFIELD STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $8,250 |
UNIVERSITY OF HARTFORD PURPOSE: SCHOLARSHIPS | $9,250 |