Philip & Fannie Morris Foundation is located in Northbrook, IL. The organization was established in 1954. 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. Philip & Fannie Morris 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, Philip & Fannie Morris Foundation generated $2.9k 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 (26.6%) each year. All expenses for the organization totaled $82.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Philip & Fannie Morris Foundation has awarded 28 individual grants totaling $171,869. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra F Conrad President | 1 | $0 | |
William S Morris Asst Secy | 1 | $0 | |
Louis B Conrad Secretary | 2 | $12,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2 |
Dividends & Interest | $2,881 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $10,201 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $2,883 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $12,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $412 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $20,384 |
Contributions, gifts, grants paid | $62,369 |
Total expenses and disbursements | $82,753 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
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 |
Over the last fiscal year, Philip & Fannie Morris Foundation has awarded $62,369 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
JOURNEYS THE ROAD HOME PURPOSE: GENERAL | $12,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL | $17,000 |
UKRAINE CHILDRENS ACTION PROJECT PURPOSE: GENERAL | $12,000 |
FRANCISCAN OUTREACH PURPOSE: GENERAL | $12,000 |
ADOVATES OF OZAUKEE PURPOSE: GENERAL | $9,369 |