F K Morrow Foundation
- Assets
- $52.0m
- Revenue
- $5.6m
- Investments
- $51.7m
- Employees
- 0
- Location
- Founding
- 05/1946
- Data as of
- 09/2022
- EIN
- 23-7128118
Organization Overview
F K Morrow Foundation is located in null. The organization was established in 1946. 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. F K Morrow 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 09/2022, F K Morrow Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.4m during the year ending 09/2022. While expenses have increased by 4.0% per year over the past 3 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 2022, F K Morrow Foundation has awarded 68 individual grants totaling $3,954,407. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sister Anne Marie Marrin Vice-Chair Director | 0.25 | $0 | |
Sister Mary Anne Mccarthy Director | 0.25 | $0 | |
Anne Marie Meehan Director | 0.25 | $0 | |
Sister Nida Fe Chavez Secretary Director | 0.25 | $0 | |
David Armour Executive Director | 40 | $0 | |
Joan Breech Chair Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,353,451 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,085,786 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $120,434 |
| Total Revenue | $5,559,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $224,347 |
| Total operating and administrative expenses | $407,418 |
| Contributions, gifts, grants paid | $3,954,407 |
| Total expenses and disbursements | $4,361,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,262 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $780,615 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $44,115 |
| Total assets | $51,955,966 |
| Accounts payable and accrued expenses | $75,578 |
| 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 | $75,578 |
Grants Awarded
Over the last fiscal year, F K Morrow Foundation has awarded $3,954,407 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
SISTERS OF ST JOSEPH OF TORONTO PURPOSE: CONTRIBUTION PROVIDED | $3,553,540 |
SHARELIFE PURPOSE: CONTRIBUTION PROVIDED | $58,721 |
GOOD SHEPHERD REFUGE SOCIAL MINISTRIES PURPOSE: CONTRIBUTION PROVIDED | $19,574 |
CATHOLIC FAMILY SERVICES - WILLIAM G DAVIES CENTRE PURPOSE: CONTRIBUTION PROVIDED | $11,744 |
BROADMEAD CARE SOCIETY PURPOSE: CONTRIBUTION PROVIDED | $7,829 |
MAJENGO CANADA PURPOSE: CONTRIBUTION PROVIDED | $7,829 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Croucher Foundation | $269,521,861 | $18,069,736 |
Donner Canadian Foundation | $109,552,134 | $11,529,289 |
Jubilo Trust | $16,173,209 | $19,859,267 |
Laidlaw Foundation | $52,854,194 | $8,143,738 |
F K Morrow Foundation | $51,955,966 | $5,559,671 |
Jca Charitable Foundation | $79,533,828 | $205,335 |
Duck Pond Foundation | $247,603,276 | $17,175,939 |
Queens Road Foundation Inc | $14,251,792 | $611,349 |
Elizabeth Greenshields Foundation | $23,402,135 | $4,238,401 |
Yeshe Khorlo Foundation | $9,127,569 | $322,660 |
Eldee Foundation | $12,315,531 | $898,821 |
Stichting Bennink Foundation | $8,343,583 | $1,592,458 |