Civic Intelligence

Morrison Foundation

990 • Fiscal year 2024 • EIN 81-4453786

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 19, 2025

11035 NE Sandy BlvdPortland, OR 97220

(503) 258-4200

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$837,532

Down $106,749 (-11%) from 2023

Net Assets

Up

$610,343

Up $64,690 (+12%) from 2023

Liabilities

Down

$227,189

Down $171,439 (-43%) from 2023

Revenue And Expenses

Revenue

Up

$333,311

Up $3,762 (+1.1%) from 2023

Expenses

Down

$317,066

Down $3,978 (-1.2%) from 2023

Net Income

Up

$16,245

Up $7,740 (+91%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2018: $664,231Liabilities 2018: $247,340Net Assets 2018: $416,8912018Assets 2019: $832,643Liabilities 2019: $383,296Net Assets 2019: $449,3472019Assets 2020: $793,923Liabilities 2020: $333,921Net Assets 2020: $460,0022020Assets 2021: $925,770Liabilities 2021: $362,902Net Assets 2021: $562,8682021Assets 2022: $962,230Liabilities 2022: $456,603Net Assets 2022: $505,6272022Assets 2023: $944,281Liabilities 2023: $398,628Net Assets 2023: $545,6532023Assets 2024: $837,532Liabilities 2024: $227,189Net Assets 2024: $610,3432024Assets 2025: $976,929Liabilities 2025: $315,928Net Assets 2025: $661,0012025

Highlighted filing

2024

Assets$837,532
Liabilities$227,189
Net Assets$610,343

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Revenue 2018: $561,437Expenses 2018: $195,685Net Income 2018: $365,7522018Revenue 2019: $288,226Expenses 2019: $267,794Net Income 2019: $20,4322019Revenue 2020: $321,281Expenses 2020: $317,654Net Income 2020: $3,6272020Revenue 2021: $380,228Expenses 2021: $355,829Net Income 2021: $24,3992021Revenue 2022: $446,582Expenses 2022: $433,855Net Income 2022: $12,7272022Revenue 2023: $329,549Expenses 2023: $321,044Net Income 2023: $8,5052023Revenue 2024: $333,311Expenses 2024: $317,066Net Income 2024: $16,2452024Revenue 2025: $398,819Expenses 2025: $378,463Net Income 2025: $20,3562025

Highlighted filing

2024

Revenue$333,311
Expenses$317,066
Net Income$16,245
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 19, 2025
Return Version
2023v6.0
Gross Receipts
$370,058
Mission and Program Overview

Mission

The morrison foundation partners with the community to sustain and expand financial support of morrison child and family services' work to provide prevention, foster care, mental health, and substance abuse treatment to children, youth, and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$420,578$472,146▲ $51,568
Cash and Non-Interest-Bearing Accounts$399,024$239,632▼ $159,392
Pledges and Grants Receivable$123,179$125,754▲ $2,575
Prepaid Expenses and Deferred Charges$1,500$0▼ $1,500
Total Assets$944,281$837,532▼ $106,749
Liabilities
Other Liabilities$397,878$227,189▼ $170,689
Accounts Payable and Accrued Expenses$750--
Total Liabilities$398,628$227,189▼ $171,439
Net Assets / Fund Balance
Net Assets With Donor Restrictions$538,257$598,399▲ $60,142
Net Assets Without Donor Restrictions$7,396$11,944▲ $4,548
Total Net Assets Fund Balance$545,653$610,343▲ $64,690
Total Liabilities and Net Assets / Fund Balance$944,281$837,532▼ $106,749

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$420,579-▲ $59,865-$480,444
2022$379,358-▲ $41,221-$420,579
2021$438,730-▼ $59,372-$379,358
2020$341,488-▲ $97,242-$438,730
2019$327,456-▲ $14,032-$341,488
Compensation and Service Providers

Board Members and Trustees

NameTitle
David ThompsonBoard Chair
Betsey KellerTrustee
Jane HolbrookTrustee
Steven TaylorTrustee
Nicholas GalloChief Executive Officer
Katherine KennedyChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$360,165
Program Service Revenue
$0
Investment Income
$9,893
Other Revenue
$-36,747
All Other Contributions
$261,360
Change in Net Assets
$16,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,806
Grants and Similar Amounts Paid$110,260
Total Fundraising Expense$103,558
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$103,248$87,312$190,560
Grants to Domestic Orgs$110,260--$110,260
Fees for Services Other--$10,850$10,850
Insurance--$3,004$3,004
Other Expenses--$2,392$2,392
Total Functional Expenses$110,260$103,248$103,558$317,066
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morrison Child and Family ServicesPortland, OR501c3To Provide a Comprehensive Range of Mental Health, Substance Abuse, Juvenile Justice, Foster Care, and Prevention Services to Communities Throughout the Greater Portland Area and Into the Willamette Valley.$110,260
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$36,747
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Joy-us$98,805-$3,388-
Total Events$98,805-$35,490$-35,490
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Morrison Child and Family Services$227,189
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the cfo and then presented to the board for approval.

Form 990, Part VI, Section B, Line 12C

Annually, our board members attest to any relationships that may result in a conflict of interest.

Form 990, Part VI, Section B, Line 15

The organization uses regional non-profit salary studies as well as information obtained from form 990's of like organizations in order to determine fair market pay for the chief executive officer position. Human resources provides the chief executive officer with comparability data to review in determining compensation for other officers.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Morrison Foundation
EIN
81-4453786
Phone
5032584200
Address
11035 NE SANDY BLVD, PORTLAND, OR 97220

Signing Officer

Name
Katherine Kennedy
Title
Chief Financial Officer
Phone
5032584200
Signed
2025-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Kennedy
Formed
2017
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Hoffman Stewart & Schmidt Pc
Address
3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-8663
Preparer
Todd D Massinger
Phone
5032205900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The endowment funds are intended to provide a future funding source to support programs.

PART X, LINE 2:

The foundation is not aware of any uncertain tax positions.

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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.45991
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0227189
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt098805
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt098805
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt035490
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt05604
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt05604
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0JOY-US
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt019498
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019498
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt098805
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt098805
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-35490
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03388
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03388
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07000
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0110260
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE A COMPREHENSIVE RANGE OF MENTAL HEALTH, SUBSTANCE ABUSE, JUVENILE JUSTICE, FOSTER CARE, AND PREVENTION SERVICES TO COMMUNITIES THROUGHOUT THE GREATER PORTLAND AREA AND INTO THE WILLAMETTE VALLEY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MORRISON CHILD AND FAMILY SERVICES
IRS990ScheduleI/RecipientTable/RecipientEIN0930354176
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011035 NE SANDY BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PORTLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0972202553
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt15000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0201663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1158970
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt11646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07761
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt11014
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NICHOLAS GALLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KATHERINE KENNEDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0209424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1166630
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE CFO AND THEN PRESENTED TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, OUR BOARD MEMBERS ATTEST TO ANY RELATIONSHIPS THAT MAY RESULT IN A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION USES REGIONAL NON-PROFIT SALARY STUDIES AS WELL AS INFORMATION OBTAINED FROM FORM 990'S OF LIKE ORGANIZATIONS IN ORDER TO DETERMINE FAIR MARKET PAY FOR THE CHIEF EXECUTIVE OFFICER POSITION. HUMAN RESOURCES PROVIDES THE CHIEF EXECUTIVE OFFICER WITH COMPARABILITY DATA TO REVIEW IN DETERMINING COMPENSATION FOR OTHER OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MORRISON CHILD AND FAMILY SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0930354176
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011035 NE SANDY BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0972202553
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0190560
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1110260
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL AMOUNT PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL AMOUNT PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MORRISON CHILD AND FAMILY SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MORRISON CHILD AND FAMILY SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

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