The Mcj Amelior Foundation
- Assets
- $52.8m
- Revenue
- $3.7m
- Investments
- $47.0m
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 05/1985
- Data as of
- 12/2022
- EIN
- 22-2497895
Organization Overview
The Mcj Amelior Foundation is located in Morristown, NJ. The organization was established in 1985. 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. Mcj Amelior 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, Mcj Amelior Foundation generated $3.7m 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 (24.1%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mcj Amelior Foundation has awarded 531 individual grants totaling $12,123,745. 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 |
|---|---|---|---|
Suzanne M Spero Director/vp/executive Director | 40 | $281,300 | |
Christine Chambers Gilfillan Director/president | 40 | $275,000 | |
Charles Rubin Director | 40 | $171,400 | |
Wendy C Berry-Mcweeny Director/consultant | 2 | $8,000 | |
Anthony J Romano Director/asst. Secretary/treasurer | 5 | $0 | |
Jennifer G Chambers Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simon Quick Advisors Llc | 12/30/22 | $192,791 |
National Financial Services Llc | 12/30/22 | $109,662 |
Pkf O'connor Davies Llp | 12/30/22 | $88,217 |
Civic Alpha Llc | 12/30/22 | $78,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,218 |
| Dividends & Interest | $240,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,414,655 |
| Capital Gain Net Income | $2,700,054 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $282 |
| Total Revenue | $3,657,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $727,700 |
| Other employee salaries and wages | $164,864 |
| Pension plans, employee benefits | $202,470 |
| Interest | $0 |
| Taxes | $165,557 |
| Depreciation | $1,204 |
| Occupancy | $11,089 |
| Travel, conferences, and meetings | $13,596 |
| Printing and publications | $0 |
| Other expenses | $24,717 |
| Total operating and administrative expenses | $1,881,250 |
| Contributions, gifts, grants paid | $2,403,369 |
| Total expenses and disbursements | $4,284,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,617 |
| Savings and temporary cash investments | $4,367,666 |
| 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 | $46,951,155 |
| Net Land, buildings, and equipment | $6,826 |
| Other assets | $1,217,431 |
| Total assets | $52,776,695 |
| 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, The Mcj Amelior Foundation has awarded $2,403,369 in support to 141 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG WOMEN'S CHRISTIAN ASSOCIATION OF SONOMA COUNTY PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,000 |
YMCA & YWCA OF NEWARK & VICINITY PURPOSE: FOR GENERAL OPERATING SUPPORT | $2,500 |
WINDWARD SCHOOL PURPOSE: FOR GENERAL OPERATING SUPPORT | $5,000 |
WEST SIDE HIGH SCHOOL ALUMNI ASSOCIATION PURPOSE: FOR GENERAL OPERATING SUPPORT | $68,275 |
VISITING NURSE ASSOCIATION OF NORTHERN NJ INC PURPOSE: FOR GENERAL OPERATING SUPPORT | $2,500 |
VISION AFRICA MINISTRIES INC PURPOSE: FOR GENERAL OPERATING SUPPORT | $10,000 |