Thomas D Morgan Irrevocable Intervivos Trust No 1
- Assets
- $470.9k
- Revenue
- $25.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Norton, KS
- Founding
- 03/1988
- Data as of
- 06/2024
- EIN
- 48-1038549
Organization Overview
Thomas D Morgan Irrevocable Intervivos Trust No 1 is located in Norton, KS. The organization was established in 1988. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thomas D Morgan Irrevocable Intervivos Trust No 1 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 06/2024, Thomas D Morgan Irrevocable Intervivos Trust No 1 generated $25.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $49.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomas D Morgan Irrevocable Intervivos Trust No 1 has awarded 76 individual grants totaling $224,750. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIP GRANTS TO INDIVIDUALS SEE FORM 990-PF, PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecilia Hillebrand Chairman | 3 | $4,800 | |
John F Mcclymont Trustee | 3 | $4,200 | |
Richard Miller Trustee | 3 | $4,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,112 |
| 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 | $18,328 |
| Total Revenue | $25,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $120 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $122 |
| Total operating and administrative expenses | $14,878 |
| Contributions, gifts, grants paid | $34,500 |
| Total expenses and disbursements | $49,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $470,930 |
| 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 | $470,930 |
| 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, Thomas D Morgan Irrevocable Intervivos Trust No 1 has awarded $34,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CARTER JONES PURPOSE: HIGHER EDUCATION | $4,000 |
TUCKER PFANNENSTIEL PURPOSE: HIGHER EDUCATION | $1,500 |
CARLIE VOSS PURPOSE: HIGHER EDUCATION | $4,000 |
CONNOR HARESNAPE PURPOSE: HIGHER EDUCATION | $4,000 |
JONAH RUDER PURPOSE: HIGHER EDUCATION | $4,000 |
MADISON DUBOIS PURPOSE: HIGHER EDUCATION | $4,000 |