Schwartz Morris Foundation
- Assets
- $453.6k
- Revenue
- $60.4k
- Investments
- $419.8k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 12/2023
- EIN
- 84-3849574
Organization Overview
Schwartz Morris Foundation is located in Raleigh, NC. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schwartz 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, Schwartz Morris Foundation generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.4%) each year.
Since 2020, Schwartz Morris Foundation has awarded 44 individual grants totaling $200,200. 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 |
|---|---|---|---|
Steven A Schwartz Pres Treas D | 0 | $0 | |
James C Morris VP Secr Dire | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,660 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,822 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,090 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,221 |
| Contributions, gifts, grants paid | $39,350 |
| Total expenses and disbursements | $50,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,828 |
| 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 | $453,625 |
| 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, Schwartz Morris Foundation has awarded $39,350 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT ORGANIZATION'S MISSION. | $7,500 |
CASTING CAROLINAS PURPOSE: TO SUPPORT ORGANIZATION'S MISSION. | $2,500 |
SKIDMORE COLLEGE PURPOSE: SUPPORT CURRENT BUDGET. | $25,000 |
TISCH BRAIN TUMOR CENTER PURPOSE: TO SUPPORT ORGANIZATION MISSION. | $1,000 |
STRUTHER'S UNLEASHED PURPOSE: TO SUPPORT ORGANIZATION'S MISSION. | $500 |
SPCA OF WAKE COUNTY PURPOSE: TO SUPPORT ORGANIZATION'S MISSION. | $2,500 |