MORRISON FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MORRISON FOUNDATION (EIN 06-1666780)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-13
IRS object ID
202411659349100006
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-06-13T09:26:14-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN640900153PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAY & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1110 MONUMENT PLAddressLine1Txt
CityVICKSBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39180ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061666780EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MORRISON FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMORRBusinessNameControlTxt
Phone6016364762PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1110 MONUMENT PLACEAddressLine1Txt
CityVICKSBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39180ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT R MORRISON IIIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6016364762PhoneNum
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERT RPersonFirstNm
Person LastMORRISON IIIPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN P PARISPreparerPersonNm
PTINP00451810PTIN
Phone6016364762PhoneNum
Preparation2024-06-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$448,366FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$109InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$109InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,549DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,549DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$47,889NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$110,335GrossSalesPriceAmt
Total Rev And Expnss$55,547TotalRevAndExpnssAmt
Total Net Invst Incm$7,658TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,660AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$81OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,741TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$44,750ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$44,750ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$47,491TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$44,750TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$8,056ExcessRevenueOverExpensesAmt
Net Investment Income$7,658NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$30,908CashBOYAmt
Cash EOY$33,784CashEOYAmt
Cash EOYFMV$30,784CashEOYFMVAmt
US Government Obligations BOY$346,006USGovernmentObligationsBOYAmt
US Government Obligations EOY$348,740USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$417,582USGovtObligationsEOYFMVAmt
Total Assets BOY$376,914TotalAssetsBOYAmt
Total Assets EOY$382,524TotalAssetsEOYAmt
Total Assets EOYFMV$448,366TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$376,914RetainedEarningBOYAmt
Retained Earning EOY$382,524RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$376,914TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$382,524TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$376,914TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$382,524TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$376,914TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$8,056ExcessRevenueOverExpensesAmt
Subtotal$384,970SubtotalAmt
Other Decreases$2,446OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$382,524TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$106InvestmentIncomeExciseTaxAmt
Subtotal$106SubtotalAmt
Tax Based On Investment Income$106TaxBasedOnInvestmentIncomeAmt
Tax Due$106TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MAY & COMPANY LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6016364762PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1110 MONUMENT PLACEAddressLine1Txt
CityVICKSBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39180ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonROBERT R MORRISON IIIPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 GROVE STAddressLine1Txt
CityVICKSBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39180ZIPCd
FieldValueIRS element (for citing)
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATION TO CRAWFORD STREET UNITED METHODIST CHURCHDescription1Txt
Expenses1$33,500Expenses1Amt
Description2DONATION TO UVA LAW SCHOOL FOUNDATIONDescription2Txt
Expenses2$6,250Expenses2Amt
Description3DONATION TO JANE ELLEN MCCALLISTER HOUSE MUSEUMDescription3Txt
Expenses3$5,000Expenses3Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$437,891AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$33,508AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$471,399TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$471,399AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,071CashDeemedCharitableAmt
Net Vl Noncharitable Assets$464,328NetVlNoncharitableAssetsAmt
Minimum Investment Return$23,216MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$23,216MinimumInvestmentReturnAmt
Tax Based On Investment Income$106TaxBasedOnInvestmentIncomeAmt
Total Tax$106TotalTaxAmt
Distributable Before Adj$23,110DistributableBeforeAdjAmt
Distributable Before Ded$23,110DistributableBeforeDedAmt
Distributable As Adjusted$23,110DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$44,750ExpensesAndContributionsAmt
Qualifying Distributions$44,750QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$23,110DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$178,609ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$33,486ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$40,903ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$43,472ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$32,392ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$328,862TotalExcessDistributionCyovAmt
Qualifying Distributions$44,750QualifyingDistributionsAmt
Applied To Current Year$23,110AppliedToCurrentYearAmt
Remaining Distri From Corpus$21,640RemainingDistriFromCorpusAmt
Total Corpus$350,502TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$178,609ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$171,893ExcessDistriCyovToNextYrAmt
Excess From Year4$33,486ExcessFromYear4Amt
Excess From Year3$40,903ExcessFromYear3Amt
Excess From Year2$43,472ExcessFromYear2Amt
Excess From Year1$32,392ExcessFromYear1Amt
Excess From Current Year$21,640ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CRAWFORD STREET UNITED METHODIST
CHURCH900 CRAWFORD STVICKSBURGMS39180NONENONEPLEDGE$33,500
UVA LAW SCHOOL FOUNDATION
580 MASSIE ROADCHARLOTTESVILLEVA229073051NONENONEANNUAL PLEDGE$6,250
JANE ELLEN MCALLISTER HOUSE MUSEUM
1316 MAIN STVICKSBURGMS39183NONENONEDONATION$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$44,750TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$109ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,549ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$47,889RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$7,658ExclusionAmt
Related Or Exempt Function Incm$47,889RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$55,547TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number4LineNumberTxt
Relationship StatementMISC INCOME REPRESENTS ACCRUED NONTAXABLE DIVIDENDS ON INVESTMENTS. ANY INVESTMENT INCOME IS INCIDENTAL TO THE PURPOSE OF THE FOUNDATION, AND IS USED TO FURTHER THE GOALS OF THE FOUNDATIONRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$2,660Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
MERRILL2016-10PURCHASE2023-07$104,227$60,809$43,418
MERRILL2010-10PURCHASE2023-07$6,108$1,637$4,471

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescINVESTMENT FEESDesc
Amt$2,446Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK SERVICE CHARGE$81

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.