2020-04-17T14:13:49-05:00 2019-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2019-01-01 274094112 The Morris Foundation % Foundation Source MORR 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 JOSHUA ABRAMS president 8008391754 2020-03-24 true Jeffrey D Haskell P01345770 8008391754 68.194.129.137 06391520201085000081 2020-04-17 P BC971FC33BAF52379132A0473611089A0DAEC697 D2746C13DFDED97F2954BEA0DC7B7E2EDF81EBF0 2019 2021-01-29 14:40:06Z X 962845 X 356309 1016 1016 20500 20500 202412 410653 322434 580237 343950 0 900 5025 5025 5925 0 5025 344800 344800 350725 0 349825 229512 343950 22106 20470 20470 403950 635098 942375 426056 655568 962845 0 0 X 426056 655568 426056 655568 426056 655568 426056 229512 655568 655568 Publicly-traded Securities 410653 88219 322434 322434 322434 false 126005 827173 0.152332 87346 752041 0.116145 56003 610051 0.091801 39915 561673 0.071064 54609 468854 0.116473 0.547815 0.109563 892389 97773 3440 101213 349825 X 3440 3440 3440 1080 1080 X 2360 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Joshua Abrams Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 848268 57711 0 905979 0 905979 13590 892389 44619 44619 3440 3440 41179 41179 41179 349825 0 0 0 0 349825 3440 346385 41179 2017 2016 2015 31998 12703 26784 52102 86686 210273 349825 41179 308646 518919 0 31998 486921 12703 26784 52102 86686 308646 Joshua Abrams X CHABAD LUBAVITCH OF NORTHWEST BERGEN COUNTY INC PO BOX 63 FRANKLIN LAKES NJ 07417 N/A PC General & Unrestricted 18000 JEWISH FEDERATION OF NORTHERN NEW JERSEY INC 50 EISENHOWER DR PARAMUS NJ 07652 N/A PC Birthright program and general support 51800 JEWISH HOME FOUNDATION OF NORTH JERSEY INC 10 LINK DR ROCKLEIGH NJ 07647 N/A PC General & Unrestricted 200000 THREEFOLD EDUCATIONAL FOUNDATION & SCHOOL 260 HUNGRY HOLLOW RD CHESTNUT RDG NY 10977 N/A PC Charitable Event 50000 VALLEY HOSPITAL FOUNDATION 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 N/A PC General & Unrestricted 25000 344800 14 1016 14 20500 18 202412 223928 223928 false false false false false false false false false false X X 1 Abrams Joshua FOUNDATION SOURCE 501 SILVERSIDE RD WILMINGTON DE 19809 82878 X 2 Abrams Roberta FOUNDATION SOURCE 501 SILVERSIDE RD WILMINGTON DE 19809 273431 X 1 FACEBOOK INC FB, 500 sh. 82878 2019-03-22 2 SPDR DOW JONES INDUSTRIAL AVERAGE ETF T DIA, 250 sh. 67506 2019-10-15 2 INVESCO QQQ TRUST QQQ, 500 sh. 96383 2019-10-15 2 MICROSOFT CORP MSFT, 778 sh. 109542 2019-10-15 EXELON CORPORATION 81172 89617 INTEL CORP 65519 159979 INVESCO QQQ TRUST 96383 106305 MICROSOFT CORP 109542 122691 PUBLIC SVC ENTERPRISE GROUP IN 77510 134663 SPDR DOW JONES INDUSTRIAL AVER 67506 71275 TEXAS INSTRUMENTS INC 55249 171062 VANGUARD FTSE DEVELOPED MARKET 32345 33045 VANGUARD FTSE EMERGING MARKETS 32204 33353 VERIZON COMMUNICATIONS 12140 14373 WELLS FARGO & CO 5528 6012 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2019, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $344,800. This amount represents 25% or more of the Foundation's net assets of $727,157 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5000 5000 State or Local Filing Fees 25 25 990-PF Estimated Tax for 2019 900