Elisabeth Reeve Morrow Morgan Foundation Inc in Hackensack, New Jersey (NJ)

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Elisabeth Reeve Morrow Morgan Foundation Inc
Employer Identification Number (EIN)226035428
Name of OrganizationElisabeth Reeve Morrow Morgan Foundation Inc
In Care of NameBank Of Ny Att Preeya D Jainauth
Address45 Essex Street, Hackensack, NJ 07601-5413
ActivitiesOther school related activities, Scholarships (other), Endowment fund or financial services
SubsectionEducational Organization
Ruling Date11/1936
DeductibilityContributions are deductible
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,221,707
Amount of Income$487,582
Form 990 Revenue Amount$98,543

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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$83,060
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$53,685
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$29,375
Gross amount from sales of assets other than inventory (Securities / Other)$884,617 / $0
Less: cost or other basis and sales expenses (Securities / Other)$855,242 / $0
Gain or (loss) (Securities / Other)$29,375 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$144,984
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$1,228,190
Total liabilities$0
Total net assets or fund balances$1,228,190
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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