Morse Charitable Foundation Inc

Detroit, MI
Tax-exempt since Jan. 2012
EIN: 45-3630825

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$2.47M (2023)

Expenses

$863k (2023)

Total Assets

$19.1M (2023)

Total Liabilities

$0 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,466,862

Expenses

$862,685

Net Income

$1,604,177

Net Assets

$19,107,417

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$110,157	4.5%
Interest Revenue	$42,529	1.7%
Dividends	$188,998	7.7%
Sales of Assets	$1,004,011	40.7%
Other Income	$1,121,167	45.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$837,523	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,107,417
Total Liabilities	$0
Net Assets	$19,107,417

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
Kate M Frantz (Director/Secretary)	$0	$0
Lisa M Volling (Director)	$0	$0
Peter S Frantz (Director)	$0	$0
Jeffrey J Volling (Director)	$0	$0
Jeremiah Millbank Iii (Director)	$0	$0
Carl Helstrom (Director)	$0	$0
Brittany Baldwin (Director/Assistant Secretary)	$0	$0

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990-PF

Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$1,628,110

Expenses

$900,550

Net Income

$727,560

Net Assets

$17,503,240

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,461	0.1%
Dividends	$117,043	7.2%
Sales of Assets	$351,597	21.6%
Other Income	$1,158,009	71.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$851,948	94.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$17,507,711
Total Liabilities	$4,471
Net Assets	$17,503,240

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
Kate M Frantz (Director)	$0	$0
Lisa M Volling (Director)	$0	$0

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990-PF

Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$3,543,547

Expenses

$1,002,788

Net Income

$2,540,759

Net Assets

$16,775,680

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$735,656	20.8%
Interest Revenue	$1,691	0.0%
Dividends	$26,131	0.7%
Sales of Assets	$1,681,465	47.5%
Other Income	$1,098,604	31.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$818,648	81.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$16,775,680
Total Liabilities	$0
Net Assets	$16,775,680

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
Kate M Frantz (Director)	$0	$0
Lisa M Volling (Director)	$0	$0

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990-PF

Filed on Nov. 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$661,566

Expenses

$718,921

Net Income

-$57,355

Net Assets

$14,234,920

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$153,788	23.2%
Sales of Assets	$498,579	75.4%
Other Income	$9,199	1.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$685,402	95.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,234,921
Total Liabilities	$1
Net Assets	$14,234,920

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
Kate M Frantz (Director)	$0	$0
Lisa M Volling (Director)	$0	$0

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990-PF

Filed on Nov. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$348,192

Expenses

$833,090

Net Income

-$484,898

Net Assets

$14,292,275

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$371,719	> 100%
Sales of Assets	$0
Other Income	$39,424	11.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$712,035	85.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,292,276
Total Liabilities	$1
Net Assets	$14,292,275

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
Kate M Frantz (Director)	$0	$0
Lisa M Volling (Director)	$0	$0

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990-PF

Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$394,352

Expenses

$517,920

Net Income

-$123,568

Net Assets

$14,777,174

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$11,500	2.9%
Interest Revenue	$0
Dividends	$397,479	> 100%
Sales of Assets	-$16,950
Other Income	$2,323	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$414,672	80.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,777,174
Total Liabilities	$0
Net Assets	$14,777,174

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
Kate M Frantz (Director)	$0	$0
Lisa M Volling (Director)	$0	$0

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990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$14,862,745

Expenses

$922,098

Net Income

$13,940,647

Net Assets

$14,900,742

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$129,170	0.9%
Interest Revenue	$0
Dividends	$37,826	0.3%
Sales of Assets	$14,694,399	98.9%
Other Income	$1,350	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$148,867	16.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,191,765
Total Liabilities	$291,023
Net Assets	$14,900,742

Compensation

Key Employees and Officers	Compensation	Other
Peter C Morse (President/Director)	$0	$0
Martha F Morse (Vice President/Director)	$0	$0
David P Larsen (Secretary/Director)	$0	$0

990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

-$10,218

Expenses

$216,259

Net Income

-$226,477

Net Assets

$785,526

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,879
Sales of Assets	$48,994
Other Income	-$72,091

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$204,931	94.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$785,526
Total Liabilities	$0
Net Assets	$785,526

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

-$2,099

Expenses

$211,151

Net Income

-$213,250

Net Assets

$1,012,003

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$21,131
Sales of Assets	$20,164
Other Income	-$43,394

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$194,125	91.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,012,003
Total Liabilities	$0
Net Assets	$1,012,003

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$355,086

Expenses

$321,423

Net Income

$33,663

Net Assets

$1,225,253

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,373	0.9%
Interest Revenue	$0
Dividends	$9,934	2.8%
Sales of Assets	$347,493	97.9%
Other Income	-$5,714

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$310,760	96.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,225,253
Total Liabilities	$0
Net Assets	$1,225,253

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,238,072

Expenses

$48,782

Net Income

$1,189,290

Net Assets

$1,191,590

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$850,086	68.7%
Interest Revenue	$0
Dividends	$59	0.0%
Sales of Assets	$387,927	31.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$195,872	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,195,453
Total Liabilities	$3,863
Net Assets	$1,191,590

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,300

Expenses

Net Income

$2,300

Net Assets

$2,300

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,300	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,300
Total Liabilities	$0
Net Assets	$2,300

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Updated November 19, 2025

Morse Charitable Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.47M (2023)

Expenses $863k (2023)

Total Assets $19.1M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$2.47M (2023)

Expenses

$863k (2023)

Total Assets

$19.1M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011