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MORRISON FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MORRISON FAMILY CHARITABLE FOUNDATION (EIN 81-0831911)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349109964
Schema version
2022v5.0
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)
Return2023-11-15T22:01:07-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN453960543PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DILORENZO & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110300 SW GREENBURG RD STE 360AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97223ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810831911EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MORRISON FAMILY CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMORRBusinessNameControlTxt
Phone5032924759PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12830 NE 47TH AVENUEAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97213ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHUGH MORRISONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5032924759PhoneNum
Signature2023-11-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHUGHPersonFirstNm
Person LastMORRISONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A DILORENZOPreparerPersonNm
PTINP00525269PTIN
Phone5036466696PhoneNum
Preparation2023-11-08PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$462,088FMVAssetsEOYAmt
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$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$9,246DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,246DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$34,195NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$60,043GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$34,195CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$43,453TotalRevAndExpnssAmt
Total Net Invst Incm$43,453TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$6,100AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$6,100AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$597TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$92OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$92OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$6,789TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,192TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$64,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$64,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$70,789TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$70,192TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$27,336ExcessRevenueOverExpensesAmt
Net Investment Income$43,453NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$22,379SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$20,891SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$20,891SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$373,225CorporateStockBOYAmt
Corporate Stock EOY$332,601CorporateStockEOYAmt
Corporate Stock EOYFMV$421,011CorporateStockEOYFMVAmt
Corporate Bonds BOY$24,226CorporateBondsBOYAmt
Corporate Bonds EOY$24,226CorporateBondsEOYAmt
Corporate Bonds EOYFMV$20,186CorporateBondsEOYFMVAmt
Total Assets BOY$419,830TotalAssetsBOYAmt
Total Assets EOY$377,718TotalAssetsEOYAmt
Total Assets EOYFMV$462,088TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$419,830RetainedEarningBOYAmt
Retained Earning EOY$377,718RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$419,830TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$377,718TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$419,830TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$377,718TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$419,830TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$27,336ExcessRevenueOverExpensesAmt
Subtotal$392,494SubtotalAmt
Other Decreases$14,776OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$377,718TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyINVESTCO QQQ TR - 211 SHARESPropertyDesc
How AcquiredDHowAcquiredCd
Sold2022-11-28SoldDt
Gross Sales Price$59,684GrossSalesPriceAmt
Cost Or Other Basis$25,848CostOrOtherBasisAmt
Gain Or Loss$33,836GainOrLossAmt
Gains Minus Excess Or Losses$33,836GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$34,195CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$604InvestmentIncomeExciseTaxAmt
Subtotal$604SubtotalAmt
Tax Based On Investment Income$604TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$600ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$601TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$27EsPenaltyAmt
Tax Due$30TaxDueAmt

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
Org Report Or Register StateOROrgReportOrRegisterStateCd
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 AddressHTTPS://WWW.MORRISONFCF.ORGWebsiteAddressTxt
Individual With BooksJENNY MORRISONIndividualWithBooksNm
Phone5032924759PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12830 NE 47TH AVENUEAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97213ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HUGH MORRISON
2830 NE 47TH AVENUEPORTLANDOR97213PRESIDENT5.00$0$0$0
JENNY MORRISON
2830 NE 47TH AVENUEPORTLANDOR97213SECRETARY5.00$0$0$0
LESLIE RAMSEY NEVIUS
2830 NE 47TH AVENUEPORTLANDOR97213DIRECTOR2.00$0$0$0
OLIVIA MORRISON
2830 NE 47TH AVENUEPORTLANDOR97213DIRECTOR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$536,398AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$15,831AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$552,229TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$552,229AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,283CashDeemedCharitableAmt
Net Vl Noncharitable Assets$543,946NetVlNoncharitableAssetsAmt
Minimum Investment Return$27,197MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$27,197MinimumInvestmentReturnAmt
Tax Based On Investment Income$604TaxBasedOnInvestmentIncomeAmt
Total Tax$604TotalTaxAmt
Distributable Before Adj$26,593DistributableBeforeAdjAmt
Distributable Before Ded$26,593DistributableBeforeDedAmt
Distributable As Adjusted$26,593DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$70,192ExpensesAndContributionsAmt
Qualifying Distributions$70,192QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$26,593DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$21,216ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$20,732ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$19,672ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$36,400ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$39,448ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$137,468TotalExcessDistributionCyovAmt
Qualifying Distributions$70,192QualifyingDistributionsAmt
Applied To Current Year$26,593AppliedToCurrentYearAmt
Remaining Distri From Corpus$43,599RemainingDistriFromCorpusAmt
Total Corpus$181,067TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$21,216ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$159,851ExcessDistriCyovToNextYrAmt
Excess From Year4$20,732ExcessFromYear4Amt
Excess From Year3$19,672ExcessFromYear3Amt
Excess From Year2$36,400ExcessFromYear2Amt
Excess From Year1$39,448ExcessFromYear1Amt
Excess From Current Year$43,599ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHUGH MORRISONContributingManagerNm
Contributing ManagerJENNY MORRISONContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
COMMUNITY TRANSITIONAL SCHOOL
6601 NE KILLINGSWORTH STPORTLANDOR97218N/APCEDUCATION$10,000
THE SHELDON PROJECT
3648 WASHINGTON BLVDST LOUISMO63108N/APCEDUCATION$10,000
GRACE INSTIUTE ART CAMP
1535 NE 17TH AVEPORTLANDOR97232N/APCEDUCATION$8,000
SALEM ADUBON SOCIETY
PO BOX 2084SALEMOR97308N/APCEDUCATION$9,000
WALLOWA LAND TRUST
PO BOX 516ENTERPRISEOR97828N/APCNATURE CONSERVATION$8,000117 E ST
COALITION OF OREGON LAND TRUSTS
2450 NE MLK JR BLVDPORTLANDOR97212N/APCNATURE CONSERVATION$9,000
SILETZ TRIBAL ARTS & HERITAGE SOCIE
146 S GAITHER STSILETZOR97380N/APCNATURE CONSERVATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$64,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,246ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$34,195ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$43,453ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$43,453TotalIncomeProducingActyAmt

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)
CategoryFOUNDATION TAX PREP FEECategoryTxt
Amt$6,100Amt
Disbursements Charitable Prps$6,100DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondPIMCO INVESTMENT GRADE CORP BOND FUNBondNm
EOY Book Value$24,226EOYBookValueAmt
EOYFMV$20,186EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (15 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
FIDELITY ADVISOR HEALTH CARE FUND$10,323$15,908
FIDELITY ADVISOR INTERNATIONAL CAPIT$30,968$42,163
FIDELITY ADVISOR NEW MARKETS INCOME$14,331$10,219
FIRST TR VALUE LINE DIVID INDEX FUND$24,075$33,245
INVESCO EXCHANGE-TRADED FD TR II SEN$10,220$9,054
INVESCO QQQ TR UNIT SER 1$64,253$96,124
ISHARES TR CORE S&P 500$16,736$44,953
ISHARES TR CORE S&P US GROWTH$11,804$29,673
ISHARES TR CORE S&P US VALUE$27,494$16,739
ISHARES TR MORNINGSTAR MID CAP VALU$25,824$33,135
NUVEEN SR INCOME$9,299$6,210
PIMCO INCOME FUND$28,554$24,189
PIMCO INTERNATIONAL BOND$20,811$18,481
VANGUARD TAX-MANAGED SMALL CAP FUND$13,872$19,608
VANGUARD TOTAL BOND MARKET INDEX FUN$24,037$21,310

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescADJ TO CG ON PT 1 LN 6A CALC'D USING DONOR'S COSTDesc
Amt$14,776Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
OTHER EXPENSES$92$92

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAX PAIDCategoryTxt
Amt$597Amt

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