John C & Eunice B Morrison Charitable Foundation
- Assets
- $10.2m
- Revenue
- $577.5k
- Investments
- $9.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 04-3310863
Organization Overview
John C & Eunice B Morrison Charitable Foundation is located in Boston, MA. The organization was established in 1996. 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. John C & Eunice B Morrison 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 12/2022, John C & Eunice B Morrison Charitable Foundation generated $577.5k 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 (6.5%) each year. All expenses for the organization totaled $785.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John C & Eunice B Morrison Charitable Foundation has awarded 225 individual grants totaling $1,850,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sorgi Trustee | 0.74 | $13,040 | |
James G Walsh III Trustee | 0.82 | $12,720 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $277,906 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $299,250 |
| Capital Gain Net Income | $299,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $308 |
| Total Revenue | $577,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,760 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,412 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $99,345 |
| Total operating and administrative expenses | $130,517 |
| Contributions, gifts, grants paid | $655,000 |
| Total expenses and disbursements | $785,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $337,906 |
| 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 | $2,495,443 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,212,315 |
| 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, John C & Eunice B Morrison Charitable Foundation has awarded $655,000 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE TO TURN FOOD PANTRY PURPOSE: SUPPORT | $7,500 |
ABINGTON FOOD PANTRY PURPOSE: SUPPLIES | $7,500 |
ALS ASSOCIATION DCMDVA CHAPTER PURPOSE: RESEARCH | $10,000 |
CAPE COD MILITARY SUPPORT FDN INC PURPOSE: SUPPORT | $5,000 |
CARDINAL CUSHING CENTERS INC PURPOSE: PROGRAMS | $12,500 |
CARROLL CENTER FOR THE BLIND PURPOSE: SUPPORT | $5,000 |