Morley Group Foundation
- Assets
- $128.9k
- Revenue
- $11.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 08/1990
- Data as of
- 09/2023
- EIN
- 95-4281717
Organization Overview
Morley Group Foundation is located in Santa Monica, CA. The organization was established in 1990. 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. Morley Group 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 09/2023, Morley Group Foundation generated $11.0 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 (20.3%) each year. All expenses for the organization totaled $28.8k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morley Group Foundation has awarded 148 individual grants totaling $211,398. 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.
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 |
|---|---|---|---|
Michael Stone President | 2 | $0 | |
Jeremy Dominick Treasurer | 0.5 | $0 | |
Alice Deering Secretary | 0.5 | $0 | |
Erick Garcia Trustee | 0.5 | $0 | |
Charles Muttillo Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| 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 | $0 |
| Total Revenue | $11 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,824 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,824 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $28,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,430 |
| Savings and temporary cash investments | $100,467 |
| 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 | $128,897 |
| 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, Morley Group Foundation has awarded $18,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OPERATION GRATITUDE PURPOSE: SUPPORTING "TSA'S BIG GIVE" CAMPAIGN FOR 2023 | $1,000 |
AMERICAN RED CROSS PURPOSE: SUPPORT GLOBAL RELIEF EFFORTS AROUND THE WORLD | $5,000 |
DOWNTOWN WOMEN'S CENTER PURPOSE: GENERAL DONATION MADE AS PART OF THE 25TH ANNUAL NATIONAL WOMEN IN CONTRUCTION WEEK | $10,000 |
CALIFORNIA SCIENCE CENTER FOUNDATION PURPOSE: GENERAL DONATION MADE IN SUPPORT OF THE CALIFORNIA | $1,000 |
ROSE BOWL LEGACY FOUNDATION PURPOSE: GENERAL DONATION ON BEHALF OF THE RISING FAMILY IN MEMORY OF NELSON RISING | $1,000 |