Post Morrow Foundation Inc
- Assets
- $9.3m
- Revenue
- $659.7k
- Investments
- $3.3m
- Employees
- 0
- Location
- Brookhaven Hamlet, NY
- Founding
- 09/1969
- Data as of
- 12/2022
- EIN
- 23-7028533
Organization Overview
Post Morrow Foundation Inc is located in Brookhaven Hamlet, NY. The organization was established in 1969. 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. Post Morrow 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 12/2022, Post Morrow Foundation Inc generated $659.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $491.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVE & CONSERVE THE RURAL COUNTRYSIDE OF THE HAMLET OF BROOKHAVEN, NY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Wallace Pres | 20 | $37,800 | |
Thomas Williams V P & | 10 | $11,550 | |
Thomas Ludlam Trustee | 1 | $0 | |
Lynn Brown Trustee | 1 | $0 | |
Virginia Everitt Chairwoman | 1 | $0 | |
Kathleen Butler Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $413,319 |
| Interest on Savings | $43,281 |
| Dividends & Interest | $73,802 |
| 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 | $2,900 |
| Total Revenue | $659,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,350 |
| Other employee salaries and wages | $127,201 |
| Pension plans, employee benefits | $28,373 |
| Interest | $142 |
| Taxes | $36,193 |
| Depreciation | $69,867 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $148,822 |
| Total operating and administrative expenses | $489,245 |
| Contributions, gifts, grants paid | $2,050 |
| Total expenses and disbursements | $491,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,769 |
| Savings and temporary cash investments | $0 |
| 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 | $437,785 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $134,411 |
| Net Land, buildings, and equipment | $5,448,637 |
| Other assets | $0 |
| Total assets | $9,269,029 |
| Accounts payable and accrued expenses | $2,905 |
| 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 | $3,150 |
| Total liabilities | $6,055 |
Grants Awarded
Over the last fiscal year, Post Morrow Foundation Inc has awarded $2,050 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF THE GREATER BELLPORT PURPOSE: UNRESTRICTED | $250 |
CHRIST EPISCOPAL CHURCH PURPOSE: UNRESTRICTED | $250 |
ST JOSEPH THE WORKER PURPOSE: UNRESTRICTED | $250 |
THE LIGHTHOUSE MISSION PURPOSE: UNRESTRICTED | $250 |
BROOKHAVEN HAMLET FOUNDATION PURPOSE: UNRESTRICTED | $300 |
ST VINCENT DE PAUL PURPOSE: UNRESTRICTED | $250 |