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The Morse Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471592912 ✦ Pebble beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Morse Foundation?

The Morse Foundation is a nonprofit organization that focuses on offering economic assistance and support through grant provision. Established with a specific goal, the foundation aims to help Monterey Peninsula Country Club employees and their family members, providing them with scholarships to facilitate personal and professional growth during challenging times. By approving scholarships, the Morse Foundation aims to promote learning and enhance overall quality of life, with 26 applicants already benefiting from this initiative.


Official website here: www.mpccpb.org

Is The Morse Foundation legitimate?

The Morse Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morse Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mpccpb.org

What is the mission statement of The Morse Foundation?

The Morse Foundation's mission is centered around providing economic assistance and support. It has established a scholarship program to aid Monterey Peninsula Country Club employees and their families, fostering personal and professional growth as they confront various challenges. The foundation's primary objective is to offer scholarships, aiming to promote learning and enhance the overall quality of life. As of now, 26 applicants have been approved for these scholarships.


Official website here: www.mpccpb.org

What is the revenue of The Morse Foundation?

The Morse Foundation's revenue in 2024 was $697,043.


Official website here: www.mpccpb.org

Who are the executives of The Morse Foundation and what are their salaries?

There 9 volunteers at The Morse Foundation.

Here are 13 key members and their salaries:


Chris Baumgart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Topete (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Hoover (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Axley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Antle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Bottomley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Brislin (Director Until 11/30/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wallace Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Johnson (Director Until 11/30/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Macmichael (Director Until 11/30/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Negri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Reed (Director Until 11/30/23)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mpccpb.org

Where can I find the form 990 for The Morse Foundation?

The Morse Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mpccpb.org

Learn more at the official website: www.mpccpb.org

Mission Statement of The Morse Foundation

The Morse Foundation, established with a mission to provide economic assistance and support, is committed to offering scholarships for the employees and their family members of the Monterey Peninsula Country Club. This nonprofit organization aims to promote personal and professional growth among its recipients, recognizing the significant challenges they face. By providing scholarships, The Morse Foundation encourages learning and strives to enhance the overall quality of life of its scholarship recipients. To date, 26 applicants have been approved for these scholarships, demonstrating the organization's dedication to its mission.

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Impact




October, 2024

The Morse Foundation significantly impacts the community by offering scholarships aimed at fostering personal and professional growth for Monterey Peninsula Country Club employees and their families. By providing economic assistance and support, it addresses the challenges faced by these individuals, promoting learning and enhancing their quality of life. With 26 applicants already approved, the foundation not only empowers individuals but also strengthens the fabric of the local community through its commitment to education and development. This initiative plays a vital role in encouraging resilience and progress among those it serves, showcasing the transformative power of dedicated support.




This information is meant to be a general summary of The Morse Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$697,043 (2024)
Expenses
$183,038 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $53,588
  • Gross Receipts: $697,043

Assets and Liabilities:

  • Total Assets: $1,462,071
  • Total Liabilities: $0
  • Net Assets: $1,462,071

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Organization Details

Founding Year

2014

Principal Officer

Chris Baumgart

NTEE Category

Code: T20 - Philanthropy

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