Nm Morris Family Foundation
- Assets
- $7.0m
- Revenue
- $357.9k
- Investments
- $6.8m
- Employees
- 0
- Location
- Bedford, NY
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-4723253
Organization Overview
Nm Morris Family Foundation is located in Bedford, NY. The organization was established in 2011. 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. NM Morris Family 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 12/2023, NM Morris Family Foundation generated $357.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $340.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, NM Morris Family Foundation has awarded 828 individual grants totaling $2,660,690. 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 |
|---|---|---|---|
Wendy Aglietti Treasurer | 0 | $30,000 | |
Kenneth Lubin President | 0 | $0 | |
Carol Hundert Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $390,913 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,048 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $357,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| 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 | $218 |
| Total operating and administrative expenses | $34,443 |
| Contributions, gifts, grants paid | $306,214 |
| Total expenses and disbursements | $340,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,073 |
| Savings and temporary cash investments | $144,307 |
| 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 | $0 |
| Total assets | $6,961,818 |
| 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, Nm Morris Family Foundation has awarded $306,214 in support to 99 organizations.
| Grant Recipient | Amount |
|---|---|
A WAY OUT PURPOSE: GENERAL FUND | $514 |
ACES PURPOSE: GENERAL FUND | $10,000 |
ALZHEIMERS ASSOCIATION PURPOSE: GENERAL FUND | $250 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL FUND | $100 |
AMERICAN FRIENDS OF MAGEN DAVID ADO PURPOSE: GENERAL FUND | $5,000 |
AMERICAN SONGBOOK ASSOCIATION PURPOSE: GENERAL FUND | $270 |