Elizabeth Morse Genius Foundation
- Assets
- $145.6m
- Revenue
- $11.2m
- Investments
- $109.1m
- Employees
- 0
- Location
- Winter Park, FL
- Founding
- 05/1959
- Data as of
- 12/2021
- EIN
- 13-6115217
Organization Overview
Elizabeth Morse Genius Foundation is located in Winter Park, FL. The organization was established in 1959. 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. Elizabeth Morse Genius 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, Elizabeth Morse Genius Foundation generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $8.6m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Elizabeth Morse Genius Foundation has awarded 196 individual grants totaling $13,573,817. 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
ROLLINS COLLEGE ENVIRONMENTAL STUDIES: USE OF LAND AND BUILDINGS TO PRESERVE UNDEVELOPED LAND FOR LOCAL WILDLIFE AND PLANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Strauss Exec Vice Pres & Treasurer | 35 | $293,095 | |
Susan Stavros Assistant Treasurer | 35 | $141,351 | |
Robert Jones Bldg Manager | 40 | $136,942 | |
Colleen O'brien Accountant | 40 | $118,077 | |
Bonnie Hubbard Assistant Secretary | 40 | $105,793 | |
Jacqueline Klann Bldg Ass't Mgr | 40 | $75,476 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Winderweedle Haines Ward & Woodman Pa | 12/30/21 | $74,903 |
Baltzar Garcia Jr | 12/30/21 | $141,223 |
Bank Of America Na | 12/30/21 | $196,191 |
Automated Buildings Inc | 12/30/21 | $188,019 |
Tip Top Roofing Inc | 12/30/21 | $150,230 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,965,473 |
| Net Rental Income | $1,398,548 |
| Net Gain on Sale of Assets | $6,062,717 |
| Capital Gain Net Income | $6,711,144 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $224,616 |
| Total Revenue | $11,233,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $540,239 |
| Other employee salaries and wages | $546,884 |
| Pension plans, employee benefits | $375,409 |
| Interest | $0 |
| Taxes | $537,582 |
| Depreciation | $479,339 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $18,754 |
| Printing and publications | $0 |
| Other expenses | $920,368 |
| Total operating and administrative expenses | $3,964,967 |
| Contributions, gifts, grants paid | $4,682,825 |
| Total expenses and disbursements | $8,647,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $997,385 |
| Savings and temporary cash investments | $3,458,362 |
| 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 | $16,389,144 |
| Investments—mortgage loans | $0 |
| Investments—other | $55,104,625 |
| Net Land, buildings, and equipment | $15,401,869 |
| Other assets | $200,973 |
| Total assets | $145,557,522 |
| Accounts payable and accrued expenses | $103,977 |
| 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 | $492,318 |
| Total liabilities | $596,295 |
Grants Awarded
Over the last fiscal year, Elizabeth Morse Genius Foundation has awarded $4,682,825 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
Winter Park, FL PURPOSE: OPERATING SUPPORT | $2,600,000 |
ROLLINS COLLEGE - STUDENT-FACULTY COLLABORATIVE SCHOLARSHIP PURPOSE: SCHOLARSHIP ENDOWMENT | $500,000 |
UNIVERSITY OF CENTRAL FLORIDA - ACADEMIC HEALTH SCIENCE CNTR PURPOSE: UCF GENIUS INNOVATION CHALLENGE | $300,000 |
Orlando, FL PURPOSE: LAND PURCHASE | $150,000 |
UNITED ARTS OF CENTRAL FLORIDA INC PURPOSE: GENERAL SUPPORT | $100,000 |
Orlando, FL PURPOSE: GENERAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |
The Gary W Rollins Foundation Atlanta, GA | $72,624,629 | $27,015,806 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $0 | $7,841,898 |