NonprofitsMorse Foundation

Private Grantmaking Foundations

Morse Foundation

PEBBLE BEACH, CA

Total revenue

$1.2M

Total expenses

$180K

Net assets

$3.2M

Grants received

$146K

9 grants

EIN

471592912

Tax year

2024

Mission

The Morse Foundation provides scholarships to Monterey Peninsula Country Club community, including their employees and family members to promote learning and enhance the quality of life.

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue
Investment income$168K
Other revenue$11K
Total revenue$1.2M

Expenses

Grants paid$151K
Salaries & benefits
Fundraising
Other expenses$29K
Total expenses$180K
Total assets$3.2M
Net assets$3.2M

People

12 listed

NameRoleCompensation

Kim Negri

President

Board

2 hrs/wk

Chris Baumgart

President until 11/30/24

Board

2 hrs/wk

Tonya Antle

Vice President

Board

2 hrs/wk

Jim Anderson

Secretary/Treasurer

Board

2 hrs/wk

Joan Hoover

Secretary/Treasurer until 11/30/24

Board

2 hrs/wk

Bob Axley

Director

Board

2 hrs/wk

Marion Bottomley

Director until 11/30/24

Board

2 hrs/wk

John Fell

Director

Board

2 hrs/wk

Wallace Gordon

Director

Board

2 hrs/wk

Carolyn Joye

Director

Board

2 hrs/wk

Hector Topete

Director

Board

2 hrs/wk

Mark Zytko

Director

Board

2 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$10K
GENERAL SUPPORT TO HELP FUND THE WORK OF THIS ORGANIZATION
2024
$5K
TO IMPROVE EDUCATIONAL OUTCOMES FOR UNDERSERVED STUDENTS SO THAT EVERY CHILD HAS THE OPPORTUNITY TO RECEIVE A FIRST-RATE EDUCATION.
2024
$5K
Scholarship Fund
2024
$5K
TO IMPROVE EDUCATIONAL OUTCOMES FOR UNDERSERVED STUDENTS
2024
$101K
For grant recipient's exempt purposes
2023
$80
GENERAL OPERATING EXPENSES
2023
$10K
TO SUPPORT DONEE'S PROGRAMS
2022

Funded by

$146K from 9 funders · 9 grants · 2022–2024

The Morris Memorial Foundation

$10K · 1 grant · 2024

Prehn Family Foundation Inc

$5K · 1 grant · 2024

MOB Family Foundation

$5K · 1 grant · 2024

The Schleyer Foundation

$5K · 1 grant · 2023

Details

EIN471592912
NTEE codeT20
Subsection03
Ruling date2014-12
Formed2014
Employees0
Volunteers9
MORSE FOUNDATION — Mission, Financials & Grants Received | Grantivo