Nonprofit · EIN 47-1592912
MORSE FOUNDATION
Tax-exempt · PEBBLE BEACH, CA 93953
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,189,123 | $179,901 | $1,009,222 | $3,221,756 | $0 | $3,221,756 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,010,538
- Program service revenue
- $0
- Investment income
- $168,085
- Net gain from sales of assets
- $82,586
- Other revenue
- $10,500
Expenses
- Grants and similar amounts paid
- $150,962
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,355
- Program services (functional)
- $150,962
- Management and general (functional)
- $28,939
Balance sheet and other
- Total assets, start of year
- $2,040,448
- Total assets, end of year
- $3,221,756
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,221,756
- Net assets without donor restrictions
- $3,221,756
- Gross receipts
- $1,189,123
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2014
- State of legal domicile
- CA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kim Negri | President Trustee or director, Officer | 2 | $0 |
| Chris Baumgart | President until 11/30/24 Trustee or director, Officer | 2 | $0 |
| Tonya Antle | Vice President Trustee or director, Officer | 2 | $0 |
| Jim Anderson | Secretary/Treasurer Trustee or director, Officer | 2 | $0 |
| Joan Hoover | Secretary/Treasurer until 11/30/24 Trustee or director, Officer | 2 | $0 |
| Bob Axley | Director Trustee or director | 2 | $0 |
| Marion Bottomley | Director until 11/30/24 Trustee or director | 2 | $0 |
| John Fell | Director Trustee or director | 2 | $0 |
| Wallace Gordon | Director Trustee or director | 2 | $0 |
| Carolyn Joye | Director Trustee or director | 2 | $0 |
| Hector Topete | Director Trustee or director | 2 | $0 |
| Mark Zytko | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 CLUB RD, PEBBLE BEACH, CA 93953-2542
- Principal officer (990 for 2024)
- Kim Negri, 3000 Club Road, Pebble Beach, CA 93953
- Signed the 990
- Jim Anderson, Secretary/Treasurer
- Phone
- (831) 333-2215
- Return prepared by
- RSM US LLP
Mission
See Schedule O.
Program accomplishments
- The Morse Foundation provides scholarships to Monterey Peninsula Country Club community, including their employees and family members to promote learning and enhance the quality of life. The foundation approved 24 applicants to receive scholarships.Expenses $150,962 · grants $150,962 · revenue $10,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1592912
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,221,756
- Income (IRS master file)
- $1,189,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $697,043 | $183,038 | $2,040,448 | IRS |
| 990 | June 2023 | $408,106 | $195,302 | $1,462,071 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MORSE FOUNDATION
- What is the EIN of MORSE FOUNDATION?
- The employer identification number (EIN) of MORSE FOUNDATION is 47-1592912.
- Is MORSE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MORSE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MORSE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MORSE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MORSE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MORSE FOUNDATION?
- The 990 for the year ended June 30, 2025 names Kim Negri.
- Who are the officers and directors of MORSE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does MORSE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,189,123, expenses of $179,901 and total assets of $3,221,756 at year end.
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All nonprofits in PEBBLE BEACH · California · Philanthropy, voluntarism and grantmaking foundations