Mortimer J Harrison Trust Uw Art 11a is located in Iselin, NJ. 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. Mortimer J Harrison Trust Uw Art 11a 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 12/2023, Mortimer J Harrison Trust Uw Art 11a generated $674.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $823.1k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 7 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 2015, Mortimer J Harrison Trust Uw Art 11a has awarded 20 individual grants totaling $2,578,991. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,214 |
| Dividends & Interest | $187,527 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $480,013 |
| Capital Gain Net Income | $480,013 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,321 |
| Total Revenue | $674,075 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $63 |
| Taxes | $3,176 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,529 |
| Printing and publications | $101 |
| Other expenses | $44,155 |
| Total operating and administrative expenses | $168,086 |
| Contributions, gifts, grants paid | $655,000 |
| Total expenses and disbursements | $823,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $298,865 |
| 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 | $9,422 |
| Investments—other | $2,153,618 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,537 |
| Total assets | $4,404,661 |
| 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 |
Over the last fiscal year, Mortimer J Harrison Trust Uw Art 11a has awarded $655,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAVE A CHILD'S HEART PURPOSE: GENERAL SUPPORT | $77,000 |
STATEN ISLAND UNIV HOSP PURPOSE: GENERAL SUPPORT | $275,000 |
ISRAEL MEDICAL FUND PURPOSE: GENERAL SUPPORT | $303,000 |