Morphis Family Foundation Inc
- Assets
- $1.8m
- Revenue
- $355.9k
- Investments
- $941.1k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 20-8103092
Organization Overview
Morphis Family Foundation Inc is located in Nashville, TN. The organization was established in 2008. 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. Morphis Family Foundation Inc 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, Morphis Family Foundation Inc generated $355.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $102.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morphis Family Foundation Inc has awarded 73 individual grants totaling $1,857,200. 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 |
|---|---|---|---|
Rock Morphis President | 1 | $0 | |
Bill Harbison Secretary | 1 | $0 | |
Linda Morphis Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $306,527 |
| Interest on Savings | $16,818 |
| Dividends & Interest | $32,600 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $355,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,828 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,335 |
| Contributions, gifts, grants paid | $92,000 |
| Total expenses and disbursements | $102,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35 |
| Savings and temporary cash investments | $810,508 |
| 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 | $9,119 |
| Total assets | $1,760,803 |
| 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, Morphis Family Foundation Inc has awarded $92,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH FAMILY MEDICAL PURPOSE: GENERAL USE TO SUPPORT CHARITABLE MISSION | $2,500 |
FIRST PRESBYTERIAN CHURCH PURPOSE: GENERAL USE TO SUPPORT CHARITABLE MISSION | $37,500 |
MONTGOMERY BELL ACADEMY PURPOSE: GENERAL USE TO SUPPORT CHARITABLE MISSION | $25,000 |
PURSUE MINISTRIES PURPOSE: GENERAL USE TO SUPPORT CHARITABLE MISSION | $7,500 |
THE OAK FUND PURPOSE: GENERAL USE TO SUPPORT CHARITABLE MISSION | $5,000 |
UNITED WAY PURPOSE: GENERAL USE TO SUPPORT CHARITABLE MISSION | $10,000 |