Thomas J Morrison Iii Foundation Inc is located in Sandy Springs, GA. 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. Thomas J Morrison Iii 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, Thomas J Morrison Iii Foundation Inc generated $82.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $76.1k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAITH FOUNDATION SCHOOL IN KINIGI RWANDA: SURGERY EXPENSES FOR HEADMASTER OF SCHOOL, STAFF/TEACHER SALARIES AND HOUSING, SCHOOL GIFT SHOP ITEMS FOR SPONSORSHIP OF INDIVIDUAL CHILDREN DRIVE.
ATLANTA RONALD MCDONALD HOUSE CHARITIES: TRANSFORM PEDIATRIC HEALTHCARE ACCESS AND EXPERIENCES FOR FAMILIES WITH ILL, INJURED OR RECOVERING CHILDREN THROUGH A NETWORK OF HOUSES, FAMILY ROOMS, CARE MOBILES, AND COMMUNITY RESOURCES.
ANGELS AMONG US PET RESCUE: GRANTS FOR FOOD, VET CARE, AND MEDICINE.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Mara Cartner Morrison President | 40 | $0 | |
| Mary Grace Morrison Treasurer | 8 | $0 | |
| Eleanor Elizabeth Morrison Secretary | 8 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| 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 | $82,459 | 
| Total Revenue | $82,459 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $2,045 | 
| Other expenses | $38,073 | 
| Total operating and administrative expenses | $41,718 | 
| Contributions, gifts, grants paid | $34,420 | 
| Total expenses and disbursements | $76,138 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,706 | 
| 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 | $13,706 | 
| 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, Thomas J Morrison Iii Foundation Inc has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| ANGELS AMONG US PET RESCUE PURPOSE: FOOD, VET CARE, MEDICINE | $5,000 | 
| ATLANTA RONALD MCDONALD HOUSE PURPOSE: TRANSFORM PEDIATRIC HEALTHCARE ACCES | $10,000 |