Overview
What is The Morris Memorial Foundation?
The Morris Memorial Foundation, situated in Fremont, California, is a nonprofit organization with a mission to raise funds annually through a golf tournament. These collected funds are then distributed to various other established, exempt organizations in need. The foundation's primary purpose is to support these charities, contributing to their ongoing initiatives and projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Morris Memorial Foundation has achieved an impressive 94% score from Charity Navigator, reflecting a strong commitment to accountability and financial health. The foundation’s overall rating is based solely on its Accountability & Finance score, which highlights its effectiveness in managing resources and maintaining transparency. The foundation's score indicates that it excels in areas such as board independence, material diversion of assets, and having established conflict of interest and whistleblower policies.
With a perfect score in board independence, the Morris Memorial Foundation demonstrates a robust governance structure, ensuring that all board members are independent. Additionally, the organization has shown notable fiscal integrity, maintaining a liabilities to assets ratio of 0.00% and a program expense ratio of 99.87%. These figures illustrate a strong focus on delivering programs rather than administrative costs.
While the data indicates significant strengths in governance and financial management, the summary does not reveal specific programmatic outcomes or impact metrics. Potential donors may want to inquire further about the foundation’s effectiveness in achieving its mission beyond financial management practices. Overall, the Morris Memorial Foundation stands out as a well-managed charity with a focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Morris Memorial Foundation legitimate?
The Morris Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morris Memorial 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
What is the mission statement of The Morris Memorial Foundation?
The Morris Memorial Foundation's mission revolves around hosting an annual golf tournament with the primary objective of raising funds. These funds are subsequently distributed to various organized, exempt organizations that are in need. The foundation aims to support these organizations financially, thereby contributing to their ongoing operations and initiatives.
What is the revenue of The Morris Memorial Foundation?
The Morris Memorial Foundation's revenue in 2023 was $91,164.
Who are the executives of The Morris Memorial Foundation and what are their salaries?
There 12 volunteers at The Morris Memorial Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Morris Memorial Foundation?
The Morris Memorial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Morris Memorial Foundation
The Morris Memorial Foundation, as its mission statement suggests, is an organization that annually hosts a golf tournament with the primary objective of raising funds. These funds are then distributed to various other organized, exempt organizations that are in need. By organizing this event, the Foundation aims to contribute to the cause of supporting these organizations that are working towards a variety of social, humanitarian, or charitable objectives. The foundation's annual golf tournament serves as a significant source of financial assistance, helping these organizations to continue their vital work.
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Impact
October, 2024
The Morris Memorial Foundation significantly impacts its community by holding an annual golf tournament that raises funds for various organized exempt organizations in need. Through the dedication of participants and sponsors, the foundation generates crucial financial support that is redirected to assist those organizations, amplifying their ability to serve their respective causes. This initiative not only promotes philanthropy but also fosters community engagement and cooperation in addressing local needs. By creating a fun and competitive environment, the foundation effectively brings together individuals and businesses to make meaningful contributions that benefit a wide range of charitable efforts.
This information is meant to be a general summary of The Morris Memorial 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $256,802
Assets and Liabilities:
- Total Assets: $230,156
- Total Liabilities: $0
- Net Assets: $230,156
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Organization Details
Founding Year
2016
Principal Officer
Jamie Vargas
NTEE Category
Code: T50 - Philanthropy
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