Morris Community Foundation
- Assets
- $14.2m
- Revenue
- $608.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Morris, IL
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 36-4299824
Organization Overview
Morris Community Foundation is located in Morris, IL. The organization was established in 2000. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Morris Community Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morris Community 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 12/2021, Morris Community Foundation generated $608.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $771.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morris Community Foundation has awarded 89 individual grants totaling $1,291,161. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A VISION FOR GRUNDY COUNTY AND THE SURROUNDING AREA IN ORDER TO PRESERVE AND ENHANCE OUR QUALITY OF LIFE. THE FOUNDATION WILL DO THIS BY:-PROVIDING "LEADERSHIP" TO IDENTIFY IMPORANT NEEDS, CONCERNS, AND OPPORTUNITIES;-USING OUR "GRANTMAKING" TO RESPOND TO THOSE NEEDS AND AFFECT CHANGE;-"PARTNERING" WITH LOCAL NOT-FOR-PROFIT ORGANIZATIONS TO STRENGTHEN THEIR ABILITIES TO SERVE OUR CITIZENS; AND-PARTNERING WITH DONORS TO "RECEIVE AND MANAGE FUNDS" THAT WILL SUPPORT THE COMMUNITY FOR GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND PROGRAMS FOR COMMUNITY RECREATION, CULTURAL, AND SOCIAL PROGRAMS FOR OTHER NOT-FOR-PROFITS, AS WELL AS SCHOLARSHIPS. IN 2021, THE FOUNDATION MADE GRANTS AND SCHOLARSHIPS (THROUGH ITS DONORS) TO MORE THAN 70 RECIPIENTS.
COMMUNITY WORKS PROGRAMS: SERVICES TO THE COMMUNITY, INCLUDING COMMUNITY LEADERSHIP PROGRAMS FOR ISSUES OF CONCERN TO OUR CITIZENS. DURING 2021, THE FOUNDATION INVESTED IN AT LEAST 10 COMMUNITY WORKS PROGRAMS IN THE GRUNDY COUNTY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianne Buck Executive Dir. | Officer | 40 | $89,769 |
Ben Johnston President | OfficerTrustee | 1 | $0 |
Stephen Kezerle Vice President | OfficerTrustee | 1 | $0 |
Cathy Macchietto Secretary/treas | OfficerTrustee | 1 | $0 |
Kevin Callahan Trustee | Trustee | 1 | $0 |
Cindy Christensen Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,755 |
| Total Program Service Revenue | $0 |
| Investment income | $453,755 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,919 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $608,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $451,148 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,769 |
| Compensation of current officers, directors, key employees. | $58,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,432 |
| Pension plan accruals and contributions | $7,542 |
| Other employee benefits | $0 |
| Payroll taxes | $11,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,356 |
| Fees for services: Other | $20,393 |
| Advertising and promotion | $5,100 |
| Office expenses | $6,846 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,322 |
| Travel | $2,522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,504 |
| Interest | $30 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,535 |
| Insurance | $2,405 |
| All other expenses | $2,511 |
| Total functional expenses | $771,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,913 |
| Savings and temporary cash investments | $50 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,773,187 |
| Investments—publicly traded securities | $11,903,136 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,205,286 |
| Accounts payable and accrued expenses | $6,438 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,438 |
| Net assets without donor restrictions | $14,198,848 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,205,286 |
Grants Awarded
Over the last fiscal year, Morris Community Foundation has awarded $286,630 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Joliet, IL PURPOSE: GENERAL WELL BEING OF THE LOCAL COMMUNITY | $29,609 |
CUP OF COLD WATER MINISTRIES PURPOSE: GENERAL WELL BEING OF THE LOCAL COMMUNITY | $27,400 |
FIRST PRESBYTERIAN CHURCH MORRIS PURPOSE: GENERAL WELL BEING OF THE LOCAL COMMUNITY | $19,217 |
IMMACULATE CONCEPTION SCHOOL PURPOSE: GENERAL WELL BEING OF THE LOCAL COMMUNITY | $18,490 |
GRUNDY COUNTY HEALTH DEPARTMENT PURPOSE: GENERAL WELL BEING OF THE LOCAL COMMUNITY | $17,360 |
MINOOKA COMMUNITY HIGH SCHOOL PURPOSE: GENERAL WELL BEING OF THE LOCAL COMMUNITY | $16,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morris Community Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $11,252,869 |
| Earnings | $1,308,029 |
| Admin Expense | $138,402 |
| Net Contributions | $6,200 |
| Other Expense | $193,687 |
| Grants | $173,133 |
| Ending Balance | $12,061,876 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $418,149,768 | $41,619,440 |
Blue Grass Community Foundation Inc Lexington, KY | $132,271,880 | $24,051,212 |