MORRISON FAMILY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MORRISON FAMILY FOUNDATION INC (EIN 22-3623403)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-03-27
IRS object ID
201510869349100101
Schema version
2014v5.0
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)
Return2015-03-27T11:14:45-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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
Signature2015-03-27SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN LISKAPreparerPersonNm
Phone9733528600PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,334FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$0TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$17OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$17OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$220TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$220TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$237TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$237TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$64,420ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$64,657TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$237TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$64,657ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$73,991SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$9,334SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$9,334SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$73,991TotalAssetsBOYAmt
Total Assets EOY$9,334TotalAssetsEOYAmt
Total Assets EOYFMV$9,334TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$73,991CapitalStockBOYAmt
Capital Stock EOY$9,334CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$73,991TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,334TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$73,991TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,334TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$73,991TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$64,657ExcessRevenueOverExpensesAmt
Subtotal$9,334SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,334TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$95,457AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$18,242NetVlNoncharitableAssetsYr1Amt
Distribution Yr15.232814DistributionYr1Rt
Adjusted Qlfy Distri Yr2$33,350AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$27,367NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.218621DistributionYr2Rt
Adjusted Qlfy Distri Yr3$60,100AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$8,966NetVlNoncharitableAssetsYr3Amt
Distribution Yr36.703101DistributionYr3Rt
Adjusted Qlfy Distri Yr4$28,700AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$23,177NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.238297DistributionYr4Rt
Adjusted Qlfy Distri Yr5$43,270AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$15,848NetVlNoncharitableAssetsYr5Amt
Distribution Yr52.730313DistributionYr5Rt
Total Distribution17.123146TotalDistributionRt
Average Distribution3.424629AverageDistributionRt
Net Vl Noncharitable Assets$32,986NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$112,965AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$112,965AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$237QualifyingDistributionsAmt

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$33,488AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$33,488TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$33,488AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$502CashDeemedCharitableAmt
Net Vl Noncharitable Assets$32,986NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,649MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,649MinimumInvestmentReturnAmt
Distributable Before Adj$1,649DistributableBeforeAdjAmt
Distributable Before Ded$1,649DistributableBeforeDedAmt
Distributable As Adjusted$1,649DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$237ExpensesAndContributionsAmt
Qualifying Distributions$237QualifyingDistributionsAmt
Adjusted Qualifying Distri$237AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,649DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$42,782ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$28,460ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$59,669ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$32,538ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$94,985ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$258,434TotalExcessDistributionCyovAmt
Qualifying Distributions$237QualifyingDistributionsAmt
Remaining Distri From Corpus$237RemainingDistriFromCorpusAmt
Total Corpus$258,671TotalCorpusAmt
Undistributed Income CY$1,649UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$42,782ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$215,889ExcessDistriCyovToNextYrAmt
Excess From Year4$28,460ExcessFromYear4Amt
Excess From Year3$59,669ExcessFromYear3Amt
Excess From Year2$32,538ExcessFromYear2Amt
Excess From Year1$94,985ExcessFromYear1Amt
Excess From Current Year$237ExcessFromCurrentYearAmt

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 (17 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
US FUND FOR UNICEF
152 W 57TH ST 59TH FLOORNEW YORKNY10019501 (C) (3)CHARITY$10,000
CORNER HOUSE FOUNDATION
369 WITHERSPOON STPRINCETONNJ08540501 (C) (3)PREVENTION AND TREATMENT PROGRAMS$10,800
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
INSTITUTE FOR ETHNO MEDICINE
3214 N UNIVERSITY AVEPROVOUT84604501 (c) (3)CHARITABLE PURPOSES$1,000
STEAMBOAT ADAPTIVE REC SPORTS
2200 VILLAGE INN CTSTEAMBOAT SPRINGSCO80487501 (c) (3)CHARITABLE PURPOSES$2,520
SAVE A FRIEND TO HOMELESS ANIMALS
900 HERRONTOWN ROADPRINCETONNJ08540501 (c) (3)CHARITABLE PURPOSES$200
CENTER FOR INNOVATION FOUNDATION
4200 JAMES RAY DRIVEGRAND FORKSND58203501 (c) (3)CHARITABLE PURPOSES$10,000
YAMPA VALLEY COMMUNITY FOUNDATION
465 ANGLERS DRIVESTEAMBOAT SPRINGSCO80487501 (c) (3)CHARITABLE PURPOSES$500
AMERICAN HEART ASSOCIATION
122 E 42ND STREETNEW YORKNY10018501 (c) (3)CHARITABLE PURPOSES$200
MERCER STREET FRIENDS FOOD BANK
2069 GREENWOOD AVETRENTONNJ08611501 (c) (3)CHARITABLE PURPOSES$100
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
NAPLES BOTANICAL GARDEN
4820 BAYSHORE DRIVENAPLESFL34112501 (c) (3)CHARITABLE PURPOSES$1,000
YAMPA VALLEY BOTANIC PARK
1000 PAMELA LANESTEAMBOAT SPRINGSCO80487501 (c) (3)CHARITABLE PURPOSES$1,000
MULTIPLEMYELOMA RESEARCH FOUNDATION
383 MAIN AVENORWALKCT06851501 (c) (3)CHARITABLE PURPOSES$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$64,420TotalGrantOrContriPdDurYrAmt

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

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryCHARLES SCHWAB POSTAGE FEECategoryTxt
Amt$17Amt
Disbursements Charitable Prps$17DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category2013 FEDERAL TAXES PAID ON 04/15/2014CategoryTxt
Amt$220Amt
Disbursements Charitable Prps$220DisbursementsCharitablePrpsAmt

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