Skip to main content

Nonprofit · EIN 22-3083890

MORSE HILL FOUNDATION INC

Tax-exempt · SARATOGA SPGS, NY 12866

Financials

$1.3M$636K2023$402K$614K2024$1.1M$682K2025
Revenue Expenses · by fiscal year end
Financials of MORSE HILL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,121,580$681,640$439,940$11,835,023$0$11,835,023
December 31, 2024990-PF$401,747$614,475-$212,728$11,395,391$0$11,395,391
December 31, 2023990-PF$1,349,399$635,710$713,689$11,607,946$50,000$11,557,946
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$340
Dividends
$323,570
Interest
$24,806
Net gain from sales of assets
$772,864

Expenses

Grants and similar amounts paid
$630,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$638,423
Excise tax on investment income
$15,064

Balance sheet and other

Total assets, start of year
$11,395,391
Total assets, end of year
$11,835,023
Total liabilities, end of year
$0
Net assets, end of year
$11,835,023
Fair market value of assets
$13,212,988
Qualifying distributions
$638,423
Net investment income
$1,121,240

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL B PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
President / 1HR. PER WEEK0$0
MARGARET L PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
VICE PRESIDENT / 1hr. per week0$0
NICOLE L SMITH
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
SECRETARY / 1hr. per week0$0
MICHELLE PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
TREASURER / 1 hr. per week0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MICHAEL B PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
President / 1HR. PER WEEK0$0
MARGARET L PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
VICE PRESIDENT / 1hr. per week0$0
NICOLE L SMITH
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
SECRETARY / 1hr. per week0$0
MICHELLE PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
TREASURER / 1 hr. per week0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MICHAEL B PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
President / 1HR. PER WEEK0$0
MARGARET L PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
VICE PRESIDENT / 1hr. per week0$0
NICOLE L SMITH
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
SECRETARY / 1hr. per week0$0
MICHELLE PICOTTE
19 Railroad Pl ste 301 C/O STA, SARATOGA SPRINGS, NY 12866
TREASURER / 1 hr. per week0$0

Address and contacts

Address (IRS master file)
19 RAILROAD PL STE 301, SARATOGA SPGS, NY 12866-2386
In care of
% SHADE TREE ADVISORS
Signed the 990-PF
MARGARET L PICOTTE, VICE PRESIDENT
Phone
(518) 290-9460
Return prepared by
SHADE TREE ADVISORS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3083890
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$11,835,023
Income (IRS master file)
$8,105,037

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,121,580$681,640$11,835,023IRS
990-PFDecember 2024$401,747$614,475$11,395,391IRS
990-PFDecember 2023$1,349,399$635,710$11,607,946XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3083890).

Questions about MORSE HILL FOUNDATION INC

What is the EIN of MORSE HILL FOUNDATION INC?
The employer identification number (EIN) of MORSE HILL FOUNDATION INC is 22-3083890.
Is MORSE HILL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to MORSE HILL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MORSE HILL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MORSE HILL FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MORSE HILL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MORSE HILL FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MORSE HILL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,121,580, expenses of $681,640 and total assets of $11,835,023 at year end.

Other nonprofits in SARATOGA SPGS

All nonprofits in SARATOGA SPGS · New York