MORRISON FAMILY FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MORRISON FAMILY FOUNDATION INC (EIN 22-3623403)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-03-30
IRS object ID
201620909349100417
Schema version
2015v2.1
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)
Return2016-03-30T16:48:48-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLACK CORAL FINANCIAL ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 INTERNATIONAL DRIVE SUITE 300AddressLine1Txt
CityMOUNT OLIVECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07828ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223623403EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MORRISON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMORRBusinessNameControlTxt
Phone9733528600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 INTERNATIONAL DRIVEAddressLine1Txt
CityMOUNT OLIVECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07828ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDALE F MORRISONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9733528600PhoneNum
Signature2016-03-30SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN P LISKAPreparerPersonNm
Phone9733528600PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$14,747FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$4,771ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$330DividendsRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss$42,353NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$47,984GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$47,454TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$42,902ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$42,902TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$4,552ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$9,334SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$14,747SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$14,747SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$9,334TotalAssetsBOYAmt
Total Assets EOY$14,747TotalAssetsEOYAmt
Total Assets EOYFMV$14,747TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$9,334CapitalStockBOYAmt
Capital Stock EOY$14,747CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$9,334TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$14,747TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,334TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$14,747TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,334TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$4,552ExcessRevenueOverExpensesAmt
Other Increases$861OtherIncreasesAmt
Subtotal$14,747SubtotalAmt
Tot Net Ast Or Fund Balances EOY$14,747TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$237AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$32,986NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.007185DistributionYr1Rt
Adjusted Qlfy Distri Yr2$95,457AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$18,242NetVlNoncharitableAssetsYr2Amt
Distribution Yr25.232814DistributionYr2Rt
Adjusted Qlfy Distri Yr3$33,350AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$27,367NetVlNoncharitableAssetsYr3Amt
Distribution Yr31.218621DistributionYr3Rt
Adjusted Qlfy Distri Yr4$60,100AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$8,966NetVlNoncharitableAssetsYr4Amt
Distribution Yr46.703101DistributionYr4Rt
Adjusted Qlfy Distri Yr5$28,700AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$23,177NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.238297DistributionYr5Rt
Total Distribution14.400018TotalDistributionRt
Average Distribution2.880004AverageDistributionRt
Net Vl Noncharitable Assets$35,620NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$102,586AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$102,586AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
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 Line1BLACK CORAL FINANCIAL ADVISORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9733528600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1500 INTERNATIONAL DRIVE SUITE 300AddressLine1Txt
CityMOUNT OLIVECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07828ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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

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
DALE MORRISON - CO BLACK CORAL FIN
500 INTERNATIONAL DRIVE SUITE 300MOUNT OLIVENJ07828PRESIDENT, TREASURER0$0$0$0
BARBARA MORRISON - CO BLACK CORAL F
500 INTERNATIONAL DR SUITE 300MOUNT OLIVENJ07828VP, SECRETARY - AS N0$0$0$0
ANDREA ECKERT - CO BLACK CORAL FIN
500 INTERNATIONAL DR SUITE 300MOUNT OLIVENJ07828TRUSTEE - AS NEEDED0$0$0$0
MARK MORRISON - CO BLACK CORAL FIN
500 INTERNATIONAL DR SUITE 300MOUNT OLIVENJ07828TRUSTEE - AS NEEDED0$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$36,162AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$36,162TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$36,162AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$542CashDeemedCharitableAmt
Net Vl Noncharitable Assets$35,620NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,781MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,781MinimumInvestmentReturnAmt
Distributable Before Adj$1,781DistributableBeforeAdjAmt
Distributable Before Ded$1,781DistributableBeforeDedAmt
Distributable As Adjusted$1,781DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,781DistributableAsAdjustedAmt
Undistributed Income PY$1,649UndistributedIncomePYAmt
Excess Distribution Cyov Yr5$28,460ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$59,669ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$32,538ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$94,985ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$237ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$215,889TotalExcessDistributionCyovAmt
Total Corpus$215,889TotalCorpusAmt
Taxable2$1,649Taxable2Amt
Undistributed Income CY$1,781UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$28,460ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$187,429ExcessDistriCyovToNextYrAmt
Excess From Year4$59,669ExcessFromYear4Amt
Excess From Year3$32,538ExcessFromYear3Amt
Excess From Year2$94,985ExcessFromYear2Amt
Excess From Year1$237ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDALE F MORRISON AND BARBARA L MORRIContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
STRINGS MUSIC FESTIVAL
900 STRINGS ROADSTEAMBOAT SPRINGSCO80477501 (C) (3)STRINGS MUSIC FESTIVAL$10,000
NASSAU PRESBYTERIAN CHURCH
61 NASSAU STPRINCETONNJ08542501 (C) (3)CHURCH DONATION$10,000
BOYS & GIRLS CLUBS OF NW COLORADO
1324 EAST HIGHWAY 40CRAIGCO81625501 (c) (3)CHILDREN REHABILITATION$5,000
YAMPA VALLEY COMMUNITY FOUNDATION
465 ANGLERS DRIVESTEAMBOAT SPRINGSCO80487501 (c) (3)CHARITABLE PURPOSES$200
WOUNDED WARRIOR PROJECT
370 7TH AVENEW YORKNY10001501 (c) (3)CHARITABLE PURPOSES$1,000
NJ COMMITTEE GARDEN CLUB OF AMERICA
ONE MAIN STREETSOUTH ORANGENJ07079501 (c) (3)CHARITABLE PURPOSES$100
MAINSTREET STEAMBOAT SPRINGS
PO BOX 774611STEAMBOAT SPRINGSCO80477501 (c) (3)CHARITABLE PURPOSES$677
NCH HEALTHCARE FOUNDATION
350 7TH STREETNAPLESFL34106501 (c) (3)CHARITABLE PURPOSES$5,000
STRINGS MUSIC FESTIVAL
PO BOX 774627STEAMBOAT SPRINGSCO80477501 (c) (3)CHARITABLE PURPOSES$150
AMERICAN CANCER SOCIETY
38 RICHARDS AVENORWALKCT06854501 (c) (3)CHARITABLE PURPOSES$100
TURING POINT
217 ILLINOIS STLEMONTIL60439501 (c) (3)CHARITABLE PURPOSES$1,000
PLAY FOR PINK
175 E 74TH STRETNEW YORKNY10021501 (c) (3)CHARITABLE PURPOSES$25
SAMARITANS PURSE
PO BOX 3000BOONENC28607501 (c) (3)CHARITABLE PURPOSES$100
THE ATHLETES OF THE STEAMBOAT SPRINGS SPORTS CLUB
PO BOX 774487STEAMBOAT SPRINGSCO80477501 (c) (3)CHARITABLE PURPOSES$8,250
IMMOKALEE FOUNDATION
3960 RADIO ROADNAPLESFL34104501 (c) (3)CHARITABLE PURPOSES$1,100
CATAMOUNT HOLIDAY EMPLOYEE FUND
76 EAST MONROE STCHICAGOIL60603501 (c) (3)CHARITABLE PURPOSES$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$42,902TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$330ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Related Or Exempt Function Incm$42,353RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$330ExclusionAmt
Related Or Exempt Function Incm$42,353RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$42,683TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementNOT APPLICABLERelationshipStatementTxt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionInd
DALE F MORRISON
11278 WAGGLE WAYNAPLESFL34108$23,562Yes (X)
BARBARA L MORRISON
21278 WAGGLE WAYNAPLESFL34108$23,562Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1STOCK FROM DALE F. AND BARBARA L. MORRISON FROM JOINT ACCCOUNT TO FOUNDATION ACCOUNT XXX9501 150 SHA$23,5622015-01-20
2STOCK FROM DALE F. AND BARBARA L. MORRISON FROM JOINT ACCCOUNT TO FOUNDATION ACCOUNT XXX9501 150 SHA$23,5622015-01-20

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
Asset300 IBM SHARES IN CHARLES SCHWAB ACCOUNT XXX9501AssetDesc
Acquired1995-02AcquiredDt
How AcquiredPurchasedHowAcquiredTxt
Sold2015-03SoldDt
Gross Sales Price$47,984GrossSalesPriceAmt
Basis$5,631BasisAmt
Basis MethodFMVBasisMethodTxt
Total Net$42,353TotalNetAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescAPPRECIATION OVER DONOR'S COST BASIS FOR STOCK DONATED TO FOUNDATIONDesc
Amt$861Amt

Comments

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