Charles Hosmer Morse Foundation Inc
- Assets
- $56.3m
- Revenue
- $6.9m
- Investments
- $33.1m
- Employees
- 0
- Location
- Winter Park, FL
- Founding
- 10/1976
- Data as of
- 12/2023
- EIN
- 59-1659392
Organization Overview
Charles Hosmer Morse Foundation Inc is located in Winter Park, FL. The organization was established in 1976. 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. Charles Hosmer Morse Foundation Inc 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, Charles Hosmer Morse Foundation Inc generated $6.9m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $6.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles Hosmer Morse Foundation Inc has awarded 63 individual grants totaling $310,500. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 18
SEE STATEMENT 18
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Ward III Chairman | 2 | $0 | |
Randolph J Rush President | 2 | $0 | |
Douglas A Woodman Exec Vp/treasurer As Of 11/23 | 15 | $0 | |
Charles Ogden Vice President | 1 | $0 | |
Leila Trismen Secretary | 1 | $0 | |
Susan Stavros Asst. Treasurer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Securitas Security Services Usa | 12/30/23 | $444,966 |
Laurence Ruggiero | 12/30/23 | $225,000 |
Wellington Tc | 12/30/23 | $165,233 |
Advanced Fire & Security Inc | 12/30/23 | $74,505 |
Dytech Group Inc | 12/30/23 | $70,478 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,036,407 |
| Interest on Savings | $0 |
| Dividends & Interest | $904,758 |
| Net Rental Income | $49,266 |
| Net Gain on Sale of Assets | $2,214,145 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $340,745 |
| Other Income | $258,514 |
| Total Revenue | $6,878,309 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $246,242 |
| Other employee salaries and wages | $1,628,838 |
| Pension plans, employee benefits | $799,884 |
| Interest | $0 |
| Taxes | $71,419 |
| Depreciation | $531,161 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $74,579 |
| Printing and publications | $98,009 |
| Other expenses | $1,245,986 |
| Total operating and administrative expenses | $5,867,065 |
| Contributions, gifts, grants paid | $83,500 |
| Total expenses and disbursements | $5,950,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,647,304 |
| Savings and temporary cash investments | $12,891 |
| Net Accounts receivable | $4,386 |
| 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 | $445,442 |
| Prepaid expenses and deferred charges | $35,460 |
| Net Investments - land, buildings, equipment | $4,473,896 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,100,293 |
| Net Land, buildings, and equipment | $16,586,119 |
| Other assets | $6,538 |
| Total assets | $56,312,329 |
| Accounts payable and accrued expenses | $317,058 |
| 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 | $34,000 |
| Total liabilities | $351,058 |
Grants Awarded
Over the last fiscal year, Charles Hosmer Morse Foundation Inc has awarded $83,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BACH SOLOISTS PURPOSE: GENERAL SUPPORT | $10,000 |
BAINBRIDGE ARTISAN RESOURCE NETWORK PURPOSE: GENERAL SUPPORT | $5,000 |
ART IN ACTION PURPOSE: GENERAL SUPPORT | $5,000 |
BAINBRIDGE ISLAND MUSEUM OF ART PURPOSE: GENERAL SUPPORT | $5,000 |
CAMARADERIE FOUNDATION INC PURPOSE: GENERAL SUPPORT | $1,000 |
COALITION FOR THE HOMELESS OF CENTRAL FLORIDA PURPOSE: GENERAL SUPPORT | $3,000 |