The Morris Foundation
- Assets
- $240.5m
- Revenue
- $6.8m
- Investments
- $232.7m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 09/1987
- Data as of
- 12/2023
- EIN
- 75-2137184
Organization Overview
The Morris Foundation is located in Fort Worth, TX. The organization was established in 1987. 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. 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 12/2023, Morris Foundation generated $6.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $12.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Morris Foundation has awarded 314 individual grants totaling $32,207,927. 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 |
|---|---|---|---|
Elizabeth Brands President And CEO | 40 | $367,890 | |
Laura Liles Trustee | 2.5 | $30,000 | |
Michelle Piotrowski Trustee | 2.5 | $36,000 | |
Kaitlin Guthrow Director Of Partners | 40 | $199,799 | |
Sophie Elizabeth Phillips Director Of Operatio | 40 | $123,764 | |
Claire Armstrong Executive Operations | 40 | $63,436 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daniel W Mcdonald Pc | 12/30/22 | $72,174 |
Pena Search Consulting | 12/30/22 | $92,750 |
Steady State Impact Strategies Llc | 12/30/22 | $65,233 |
Whitley Penn Llp | 12/30/22 | $61,698 |
Kelly Hart & Hallman Llp | 12/30/22 | $55,786 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,886 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,837,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,159,918 |
| Capital Gain Net Income | $1,159,918 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$238,830 |
| Total Revenue | $6,767,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $449,905 |
| Other employee salaries and wages | $322,490 |
| Pension plans, employee benefits | $71,849 |
| Interest | $0 |
| Taxes | $1,021,063 |
| Depreciation | $38,813 |
| Occupancy | $150 |
| Travel, conferences, and meetings | $21,825 |
| Printing and publications | $2,068 |
| Other expenses | $136,707 |
| Total operating and administrative expenses | $2,662,960 |
| Contributions, gifts, grants paid | $9,328,872 |
| Total expenses and disbursements | $11,991,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,537,890 |
| Net Accounts receivable | $2,771 |
| 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 | $1,216 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,403,471 |
| Net Land, buildings, and equipment | $18,101 |
| Other assets | $3,232,796 |
| Total assets | $240,497,150 |
| Accounts payable and accrued expenses | $647,974 |
| Grants payable | $3,000,957 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $41,795 |
| Total liabilities | $3,690,726 |
Grants Awarded
Over the last fiscal year, The Morris Foundation has awarded $10,859,950 in support to 105 organizations.
| Grant Recipient | Amount |
|---|---|
AB CHRISTIAN LEARNING CENTER PURPOSE: OUT OF SCHOOL (OST) STAFFING INITIATIVE | $12,500 |
ACH CHILD AND FAMILY SERVICES PURPOSE: MORRIS HOME - WEDGWOOD TRANSITIONAL LIVING PROGRAM | $100,000 |
AB CHRISTIAN LEARNING CENTER PURPOSE: AB CHRISTIAN LEARNING CENTER OUT OF SCHOOL TIME PROGRAMS 2023 | $50,000 |
AIDS OUTREACH CENTER PURPOSE: GEISEL-MORRIS DENTAL CLINIC | $100,000 |
ACH CHILD AND FAMILY SERVICES PURPOSE: INNOVATIONS IN CARE: RESIDENTIAL TREATMENT CENTER | $100,000 |
ALLIANCE FOR CHILDREN INC PURPOSE: REBUILDING LIVES: ALLIANCE FOR CHILDREN CAPITAL CAMPAIGN | $200,000 |