Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
THE MOREY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)7350 E RIVER RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOUNT PLEASANT, MI48858
A Employer identification number

38-2965346
B Telephone number (see instructions)

(989) 317-0198
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$33,473,560J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 121,196 121,196  
4 Dividends and interest from securities... 575,425 575,425  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 649,062
b Gross sales price for all assets on line 6a 7,186,721
7 Capital gain net income (from Part IV, line 2)... 649,062
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
205,388 204,701  
12 Total. Add lines 1 through 11........ 1,551,071 1,550,384  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 57,000 22,900   34,100
14 Other employee salaries and wages...... 89,777     89,826
15 Pension plans, employee benefits....... 17,426 1,736   15,690
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,815 4,408   4,407
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
184,536 184,536    
17 Interest............... 3,405 4,676    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
24,067 6,067    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
234,131    
20 Occupancy.............. 139,850 4,258   130,274
21 Travel, conferences, and meetings....... 4,729 709   4,020
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
98,742     96,259
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 862,478 229,290   374,576
25 Contributions, gifts, grants paid....... 1,148,831 1,101,331
26 Total expenses and disbursements. Add lines 24 and 25 2,011,309 229,290   1,475,907
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -460,238
b Net investment income (if negative, enter -0-) 1,321,094
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 37,895 46,598 46,598
2 Savings and temporary cash investments......... 1,784,494 1,860,780 1,860,780
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 10,122 7,295 7,295
10a Investments—U.S. and state government obligations (attach schedule) 1,586,626 Click to see attachment
List of Attached Documents:
// Content
1,948,443 		1,801,227
b Investments—corporate stock (attach schedule)....... 17,177,630 Click to see attachment
List of Attached Documents:
// Content
16,577,024 		18,959,589
c Investments—corporate bonds (attach schedule)....... 1,676,018 Click to see attachment
List of Attached Documents:
// Content
1,610,536 		1,433,751
11 Investments—land, buildings, and equipment: basis right arrow131,158
Less: accumulated depreciation (attach schedule) right arrow   131,158 Click to see attachment
List of Attached Documents:
// Content
131,158 		131,158
12 Investments—mortgage loans............. 110,750 110,750 91,957
13 Investments—other (attach schedule).......... 4,104,717 Click to see attachment
List of Attached Documents:
// Content
4,172,876 		5,151,925
14 Land, buildings, and equipment: basis right arrow9,383,462
Less: accumulated depreciation (attach schedule) right arrow5,404,982 4,212,611 Click to see attachment
List of Attached Documents:
// Content
3,978,480 		3,978,480
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
34,868 		Click to see attachment
List of Attached Documents:
// Content
10,800 		Click to see attachment
List of Attached Documents:
// Content
10,800
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,866,889 30,454,740 33,473,560
Liabilities 17 Accounts payable and accrued expenses.......... 11,209 13,998
18 Grants payable................. 55,000 102,500
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,200 		 
23 Total liabilities (add lines 17 through 22)......... 68,409 116,498
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 30,798,480 30,338,242
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 30,798,480 30,338,242
30 Total liabilities and net assets/fund balances (see instructions). 30,866,889 30,454,740
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
30,798,480
2
Enter amount from Part I, line 27a .....................
2
-460,238
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
30,338,242
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,338,242
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,186,721   6,537,659 649,062
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       649,062
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 649,062
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 18,363
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 18,363
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 18,363
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 27,699
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,699
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 14,336
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow14,336 Refundedright arrow 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowLON MOREY Telephone no.right arrow (989) 317-0198

Located atright arrow7350 E RIVER RDMOUNT PLEASANTMI ZIP+4right arrow48858
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LON MOREY PRESIDENT
25.00 		30,500 0 0
7350 E RIVER RD
MOUNT PLEASANT,MI48858
LARRY NOCH TREAS/SEC
5.00 		18,500 0 0
7350 E RIVER RD
MOUNT PLEASANT,MI48858
TERRA LYNN BOONE VP/TRUSTEE
1.00 		2,000 0 0
7350 E RIVER RD
MOUNT PLEASANT,MI48858
KRISTA MOREY VP/TRUSTEE
1.00 		2,000 0 0
7350 E RIVER RD
MOUNT PLEASANT,MI48858
GINA GENTILE VP/TRUSTEE
1.00 		2,000 0 0
7350 E RIVER RD
MOUNT PLEASANT,MI48858
LAURA KING VP/TRUSTEE
1.00 		2,000 0 0
7350 E RIVER RD
MOUNT PLEASANT,MI48858
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
WELLS FARGO INVESTMENT 184,536
PO BOX 2999
MINNEAPOLIS,MN55402
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 GRANTS TO CRC OF ISABELLA COUNTY 505,000
2 GRANTS TO MACKINAC CENTER FOR PUBLIC POLICY 220,000
3 OPERATING MOREY EDUCATION CENTER 112,820
4 GRANTS TO MYMICHIGAN HEALTH FOUNDATION 95,000
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
31,439,365
b
Average of monthly cash balances.......................
1b
31,962
c
Fair market value of all other assets (see instructions)................
1c
30,945
d
Total (add lines 1a, b, and c).........................
1d
31,502,272
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
31,502,272
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
472,534
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
31,029,738
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,551,487
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,551,487
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
18,363
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
18,363
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,533,124
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,533,124
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,533,124
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,475,907
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,475,907
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,533,124
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 117,975
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 1,475,907
a Applied to 2021, but not more than line 2a 117,975
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2022 distributable amount..... 1,357,932
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2022.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		175,192
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
LON MOREY
7350 E RIVER RD
MOUNT PLEASANT,MI48858
(989) 317-0198
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION FORM PREFERRED
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PRIMARY FOCUS IS ISABELLA COUNTY
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

SEE ATTACHMENT

7350 E RIVER RD
MOUNT PLEASANT,MI48858 		N/A PC VARIOUS 1,101,331
Total .................................right arrow 3a 1,101,331
bApproved for future payment

MACKINAC CENTER FOR PUBLIC POLICY
140 W MAIN ST
MIDLAND,MI48640 		N/A PC MOREY FISCAL POLICY 52,500

MYMICHIGAN HEALTH FOUNDATION
4000 WELLNESS DRIVE
MIDLAND,MI48670 		N/A PC OPERATIONS 50,000
Total ................................. right arrow 3b 102,500
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 121,196  
4 Dividends and interest from securities ....     14 575,425  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16    
6 Net rental income or (loss) from personal property          
7 Other investment income ..... 900001 687 14 204,701  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 649,062  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 687 1,550,384  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,551,071
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 8,815 4,408   4,407

TY 2022 ContractorCompensationExpln
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Contractor Explanation
WELLS FARGO INVESTMENT FEES

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 DepreciationSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING - 96 PURCHASES 1997-09-01 35,564 21,635 S/L 40.0000 889      
COMPUTER CABLING 1997-10-21 29,495 29,495 S/L 5.0000        
3 CHAIR CADY CARTS 1997-10-27 1,246 1,246 S/L 10.0000        
SHELVING UNITS 1997-07-09 8,876 8,876 S/L 10.0000        
INTERCOM SYSTEM 1997-07-22 14,760 14,760 S/L 7.0000        
COUNTER CONSTRUCTION - RECEPTION 1997-08-04 4,456 4,456 S/L 10.0000        
CUBICALS & LAMINATED SHELVES - K-ROOM 1997-08-04 1,636 1,636 S/L 10.0000        
50 GRIP-A-STRIP SATIN - 95" 1997-07-10 2,104 2,104 S/L 10.0000        
MINI BLINDS 1997-10-01 2,065 2,065 S/L 10.0000        
FOLDING TABLE - 24X48 1997-09-24 79 79 S/L 10.0000        
FOLDING TABLE - 30X60 1997-09-24 81 81 S/L 10.0000        
250 FOLDING CHAIRS,DBL HNG STRAP 1997-08-20 3,355 3,355 S/L 10.0000        
13 ZAPHYR CHAIRS 1997-09-25 1,135 1,135 S/L 10.0000        
15 VERTIFCAL FILE FTR - NO LOCK 1997-09-25 1,372 1,372 S/L 10.0000        
DESK, 6OX30 HONE 1997-09-25 375 375 S/L 10.0000        
STORAGE CABINET, OCUNTER HGT 1997-07-17 160 160 S/L 10.0000        
FOLDING TABLE 30X72 1997-08-26 86 86 S/L 10.0000        
5 - MOBILE PED, FILE 1997-09-08 884 884 S/L 10.0000        
4 ARM CHARIS GUEST BURGUNDY 1997-09-03 500 500 S/L 10.0000        
6 OFFICE CHAIR SIDE SLED BS OAK/BLUE 1997-09-03 972 972 S/L 10.0000        
CORNER TABLE - MED OAK 1997-09-03 100 100 S/L 10.0000        
COFFEE TABLE 1997-09-03 125 125 S/L 10.0000        
11 DESK DBL PEDESTAL, MED OAK 1997-09-03 2,750 2,750 S/L 10.0000        
2 VERTICAL FILE W/LCK 1997-09-03 243 243 S/L 10.0000        
DESK DRAWER - EXEC DESK 1997-09-03 69 69 S/L 10.0000        
42" ROUND TABLE 1997-11-26 324 324 S/L 10.0000        
116 OPEN FRONT / SOLID PLASTIC TOP 1997-09-23 7,946 7,946 S/L 10.0000        
CONFERENCE TABLE - BOAT SHAPE 1997-07-24 212 212 S/L 10.0000        
CONFERENCE TABLE, BOAT SHAPE 1997-07-24 324 324 S/L 10.0000        
24 SWIVAL CHAIRS, SAPPHIRE/BLACK 1997-07-24 3,114 3,114 S/L 10.0000        
40 12.5" HP BLUE 1997-09-25 1,120 1,120 S/L 10.0000        
35 12.5" HP, CRANBERRY 1997-09-25 980 980 S/L 10.0000        
45 13.5" HP, BLUE 1997-09-25 1,283 1,283 S/L 10.0000        
45 13.5" HP, CRANBERRY 1997-09-25 1,283 1,283 S/L 10.0000        
40 15.5" HP , BLUE 1997-09-25 1,240 1,240 S/L 10.0000        
40 15.5" HP, CRAANBERRY 1997-09-25 1,240 1,240 S/L 10.0000        
40 17.5" HP BLUE 1997-09-25 1,250 1,250 S/L 10.0000        
40 17.5" HP CRANBERRY 1997-09-25 1,077 1,077 S/L 10.0000        
20 - 30X48 INDAIN TEAK 3000 PED 1997-09-25 1,566 1,566 S/L 10.0000        
20 - 30X60 INDIAN TEAK 3000 PED 1997-09-25 1,818 1,818 S/L 10.0000        
3 - 48X72 INDIAN TEAK KIDNEY 1997-09-25 124 124 S/L 10.0000        
33 WORKSTATIONS - 2 PERSON GRAY 30X60 TOP 1997-08-20 9,405 9,405 S/L 10.0000        
16 - 4X10 LIGHTING MARKERS LT. GRAY 1997-08-08 6,256 6,256 S/L 6.0000        
2 '4X6 LIGHTNING MARKER 1997-08-08 393 393 S/L 6.0000        
3X5 LIGHTNING BOARD 1997-08-08 146 146 S/L 6.0000        
4X5 LIGHTNING MARKER 1997-08-08 173 173 S/L 6.0000        
32 4X6 VIN-TACK BRD 1997-08-08 2,900 2,900 S/L 10.0000        
4 3X6 VIN-TAXK BOARD 1997-08-08 193 193 S/L 10.0000        
FIRST AID COUCH 1997-07-21 235 235 S/L 10.0000        
PLAYSTUCTURE/KIDSTOUGH PINE 4-12 YR 1997-09-24 6,259 6,259 S/L 10.0000        
SWING 1997-09-25 921 921 S/L 10.0000        
PLAYGROUND GYM EQUIPMENT 1997-08-27 472 472 S/L 10.0000        
BACKSTOP 1997-09-25 885 885 S/L 20.0000        
STAGE - MOVABLE 1997-12-10 3,505 3,505 S/L 10.0000        
TREE GRATES - 8 1997-09-09 1,049 1,049 S/L 20.0000        
TIMBER AROUND PLAYGROUND 1997-09-25 1,811 1,811 S/L 20.0000        
LANDSCAPING 1997-10-01 4,585 4,585 S/L 20.0000        
LAGOON SYSTEM 1997-12-10 143,991 143,991 S/L 20.0000        
BUILDING - 1997 1997-09-01 1,611,034 980,046 S/L 40.0000 40,276      
FENCINGS TRASH AREA 1997-09-25 1,190 1,190 S/L 20.0000        
GUARD RAILS 1997-12-23 199 199 S/L 1.0000        
MISC. LAND IMPROVEMENTS 1997-09-25 256 256 S/L 20.0000        
PAPERTOWEL DISPENSER 1997-11-05 90 90 S/L 10.0000        
VERTICAL FILES 1998-01-13 243 243 S/L 10.0000        
MOBILE PED FILE W/ KEY (3) 1998-02-20 531 531 S/L 10.0000        
DISPLAY RACK 1998-03-26 164 164 S/L 10.0000        
7 BOOKCASES BKW53 1998-03-09 546 546 S/L 10.0000        
17 BOOKCASES BKW54 1998-03-09 1,938 1,938 S/L 10.0000        
4 BOOKCASES BKW56 1998-03-09 532 532 S/L 10.0000        
10 E-Z FOLD TABLES TAR41 1998-03-09 7,520 7,520 S/L 10.0000        
ALUM FRAME BOARD 1998-03-09 277 277 S/L 10.0000        
LIT. DISPLAY RACK 1998-03-09 164 164 S/L 10.0000        
UTILITY TABLE - MED OAK 1998-04-03 220 220 S/L 10.0000        
DICTIONARY STAND - REVOLVING 1998-04-03 124 124 S/L 10.0000        
90 X 36 WOOD TABLE (3) 1998-04-06 1,716 1,716 S/L 10.0000        
60 X 36 WOOD TABLE 1998-04-06 373 373 S/L 10.0000        
CHAIR, SWIVAL BASE 1998-03-27 103 103 S/L 10.0000        
COOLER - 2 DOOR - SLIDING GLASS 1998-03-24 3,307 3,307 S/L 10.0000        
FREEZER - 3 DOOR 1998-03-24 3,749 3,749 S/L 10.0000        
SERVING COUNTER 1998-03-24 3,644 3,644 S/L 10.0000        
8' X 30" STAINLESS STEEL WORK TABLE W/SINK 1998-03-24 1,969 1,969 S/L 10.0000        
8'X30" STAINLESS STEEL WORK TABLE 1998-03-24 1,427 1,427 S/L 10.0000        
3 COMPARTMENT SINK 1998-03-24 2,943 2,943 S/L 10.0000        
DISH TABLE - STAINLESS STEEL 1998-03-24 1,661 1,661 S/L 10.0000        
DISH TABLE - STAINLESS STEEL 1998-03-24 663 663 S/L 10.0000        
DISHWASHER - HOBART AM-14 - CHEMICAL 1998-03-24 5,669 5,669 S/L 10.0000        
STORAGE SHELVING - WIRE 1998-03-24 518 518 S/L 10.0000        
36X14 WALL SHELVES (2) 1998-03-24 336 336 S/L 10.0000        
WASTE DISPOSAL - 1 HP 1998-03-24 1,018 1,018 S/L 10.0000        
TRAY DISPENSER CART 1998-03-24 864 864 S/L 10.0000        
TRUCK 4 SLNTED/1FLT SHF BL37 1998-03-23 290 290 S/L 10.0000        
REFRESHMENT CENTER CABINET 1998-03-23 210 210 S/L 10.0000        
MAPS & MOUNTING - US/POLITICAL 1998-03-26 406 406 S/L 10.0000        
MAPS & MOUNTING - 4 MAP SET 1998-03-26 759 759 S/L 10.0000        
CHAIRS - INDIGO (22) 1998-03-25 3,355 3,355 S/L 10.0000        
HYDROGEOLOGICAL INVESTIGATION 1998-05-15 6,647 6,647 S/L 20.0000        
LANDSCAPING 1998-06-16 1,291 1,291 S/L 20.0000        
BECKLY - CARDY 1998-05-14 658 658 S/L 10.0000        
24X48 FOLDING TABLE- OAK (3) 1998-08-17 201 201 S/L 10.0000        
30X60 FOLDING TABLE 1998-08-17 370 370 S/L 10.0000        
30X72 FOLDING TABLE 1998-08-17 158 158 S/L 10.0000        
4 DRAWER FILE CABINET (2) 1998-08-14 292 292 S/L 10.0000        
PORTABLE BASKET BALL HOOPS (2) 1998-08-31 760 760 S/L 10.0000        
PLUMBING 1998-08-31 900 525 S/L 40.0000 23      
AWNING UPGRADE 1998-08-20 1,726 1,007 S/L 40.0000 43      
LANDSCAPING 1998-08-15 250 250 S/L 20.0000        
LAND IMPR - DALE MUELLER 1998-08-31 800 800 S/L 20.0000        
12 GAL WASTEBASKETS (20) 1998-07-29 470 470 S/L 10.0000        
NEW SWITCHES & EXHAUT FANS 1998-10-19 1,525 1,525 S/L 10.0000        
KITCHEN OUTLETS 1998-11-24 125 72 S/L 40.0000 3      
WATER SOFTENER 1998-11-11 3,772 3,772 S/L 10.0000        
SHELVING/COUNTER TOPS 1998-12-09 739 739 S/L 10.0000        
PHASE MONITOR FOR PUMP 1999-03-10 231 132 S/L 40.0000 6      
ELECTRIC WORK 1999-02-25 198 113 S/L 40.0000 5      
EQUIPMENT SCHOOL BECKLEY 1999-04-07 385 385 S/L 10.0000        
FURNITURE SCHOOL BECKLEY CARDY 1999-04-07 7,489 7,489 S/L 10.0000        
4 GYM PADS 1999-04-19 612 612 S/L 10.0000        
TABLES 1999-06-11 608 608 S/L 10.0000        
5 WORKSTATIONS 1999-06-11 1,945 1,945 S/L 10.0000        
2 PANELS 1999-06-11 258 258 S/L 10.0000        
LOCK ACCESS UNIT 1999-06-25 1,907 1,907 S/L 10.0000        
CYLINDERS KEY SYSTEM 1999-06-25 904 904 S/L 10.0000        
WOOD & PAINT GYM 1999-04-29 169 169 S/L 10.0000        
KEYS FOR KEYED SWITCHES 1999-05-21 33 33 S/L 10.0000        
5 COMFORTASK CHAIRS 1999-04-27 490 490 S/L 10.0000        
10 COMFORT TASK CHAIRS 1999-08-18 980 980 S/L 10.0000        
5 WORKSTATIONS 72X30X29.5 1999-08-18 1,945 1,945 S/L 10.0000        
MULTI-TASK CHAIR 1999-08-18 135 135 S/L 10.0000        
FILING CABINET 1999-11-05 115 115 S/L 10.0000        
CHAIRS 1999-10-28 1,463 1,463 S/L 10.0000        
5 PANELS 1999-11-05 645 645 S/L 10.0000        
30 DESKS 1999-11-18 1,808 1,808 S/L 10.0000        
WATER SOFTENER 2000-07-01 11,302 6,075 S/L 40.0000 282      
SEED 1999-12-31 6,653 6,653 S/L 20.0000        
COMPUTER DESKS & CONNECTION PIECES 2000-07-19 6,272 6,272 S/L 10.0000        
88 17 1/2" COMBO UNIT 2000-08-15 6,455 6,455 S/L 10.0000        
2 48"X72" KIDNEY TABLE 2000-08-15 278 278 S/L 10.0000        
120 LECTURE DESK - ADJ HT 2000-08-15 7,328 7,328 S/L 10.0000        
110 17 1/2" STACKING CHAIRS 2000-08-15 3,618 3,618 S/L 10.0000        
50 15 1/2" STUDENT CHAIR 2000-08-15 1,614 1,614 S/L 10.0000        
30 17 1/2" SCHOLAR CRAFT CHAIR - NAVY 2000-08-15 806 806 S/L 10.0000        
18 ULTRA STAR TEACHER CHAIR 2000-08-15 1,180 1,180 S/L 10.0000        
10 24"X60" RECT TABLE W/ PEDISTAL BASE 2000-08-15 806 806 S/L 10.0000        
36"X72" WALNUT RACE TRACK CONFERENCE TABLE 2000-09-08 368 368 S/L 10.0000        
8 30"X60" FOLDING TABLE 2000-09-08 1,330 1,330 S/L 10.0000        
12 30"X72" MITY-LITE TABLE 2000-09-08 2,082 2,082 S/L 10.0000        
4 UNDER DESK KEYBOARD DRAWER 2000-09-08 192 192 S/L 10.0000        
FILE PEDESTAL 2000-09-08 227 227 S/L 10.0000        
BOX FILE PEDESTAL 2000-09-08 241 241 S/L 10.0000        
2 CENTER DRAWERS 2000-09-08 137 137 S/L 10.0000        
5 FLAT BRACKETS 2000-09-08 60 60 S/L 10.0000        
FILE MOBILE PEDESTAL 2000-09-08 232 232 S/L 10.0000        
BOX FILE MOBILE PEDESTAL 2000-09-08 504 504 S/L 10.0000        
36X24 WORKTABLE 2000-09-08 211 211 S/L 10.0000        
24X72 WORKTABLE 2000-09-08 246 246 S/L 10.0000        
60X24 WORKTABLE 2000-09-08 334 334 S/L 10.0000        
CORNER WORKSTATION 2000-09-08 349 349 S/L 10.0000        
48X24 WORKTABLE 2000-09-08 223 223 S/L 10.0000        
26 - 4 DRAWER LETTER FILE W/LOCK 2000-09-08 3,835 3,835 S/L 10.0000        
3 - 4 DRAWER LEGAL FILE W/ LOCK 2000-09-08 501 501 S/L 10.0000        
17 30X60 DBL PEDESTAL DESK 2000-09-08 4,376 4,376 S/L 10.0000        
30 X 48 SINGL EPEDESTAL DESK 2000-09-08 193 193 S/L 10.0000        
48 STACK CHAIR - BLACK FRAME GRADE 1 FABRIC 2000-09-20 1,485 1,485 S/L 10.0000        
44 TASK CHAIRS 2000-09-20 4,202 4,202 S/L 10.0000        
JLG PERSONNEL LIFT 09000 2000-09-29 3,500 3,500 S/L 10.0000        
CABINET - MED OAK 2501E 2000-09-21 590 590 S/L 10.0000        
4 PERSON MODIFIED QUAD 2000-09-21 6,675 6,675 S/L 10.0000        
18 PERSON MODIFIED QUAD 2000-09-21 24,000 24,000 S/L 10.0000        
3 CABINETS - MED OAK 40076 2000-09-21 1,797 1,797 S/L 10.0000        
2 POLY CHAIR CADDY 2000-09-20 189 189 S/L 10.0000        
4 64X30X74 HANGING CHAIR CADDIE - 2 LEVEL 2000-09-20 1,054 1,054 S/L 10.0000        
15' BENCH W/O BACK - WALL MOUNT 2000-08-15 255 255 S/L 10.0000        
4 - 8' PLAYER BENCH W/BACK 2000-08-15 1,180 1,180 S/L 10.0000        
15' PLAYER BENCH W/BACK 2000-08-15 579 579 S/L 10.0000        
4 32 GAL LITTER RECEPTACLE 2000-08-15 552 552 S/L 10.0000        
4 32 GAL RIGID PLASTIC LINER 2000-08-15 64 64 S/L 10.0000        
32 GAL DOME TOP W/CHAIN W/ MOUNTINGS 2000-08-15 272 272 S/L 10.0000        
2 ADA ACCESSIBLE ROUND TABLE 2000-08-15 1,008 1,008 S/L 10.0000        
SEEDING 2000-08-17 1,274 1,274 S/L 20.0000        
TOPSOIL 2000-08-14 1,920 1,920 S/L 20.0000        
INITIAL BUILIDNG CONSTRUCTION 2000-07-01 5,881,264 3,161,179 S/L 40.0000 147,032      
5 GUEST CHAIRS 2000-11-08 978 978 S/L 10.0000        
2 TASK CHAIRS 2000-11-08 373 373 S/L 10.0000        
CORNER TABLE 28X28 2000-11-08 90 90 S/L 10.0000        
4 DRAWER LETTER FILE W/LOCK 2000-11-08 359 359 S/L 10.0000        
STEEL BOOKCASE 2000-11-08 254 254 S/L 10.0000        
2 FLAT BRACKET FOR 24" 2000-11-08 25 25 S/L 10.0000        
HON CORNER TABLE 2000-11-08 329 329 S/L 10.0000        
PENINSULA TOP 72X32 2000-11-08 194 194 S/L 10.0000        
42X24 COMPUTER TABLE 2000-11-08 225 225 S/L 10.0000        
6 TASK CHAIRS 2000-11-08 591 591 S/L 10.0000        
2 MID BACK TASK CHAIR 2000-11-08 821 821 S/L 10.0000        
60X24 DESK 2000-11-08 250 250 S/L 10.0000        
SUPPORT COLUMN 2000-11-08 74 74 S/L 10.0000        
CORNER COUNTER 2000-11-08 173 173 S/L 10.0000        
STRAIGHT COUNTER TOP 49X15 2000-11-08 114 114 S/L 10.0000        
END OF RUN KIT 2000-11-08 6 6 S/L 10.0000        
3 90-180 DEGREE CONNECTOR 2000-11-08 36 36 S/L 10.0000        
2 31X42 NON-RACEWAY PANEL 2000-11-08 225 225 S/L 10.0000        
49X42 NON-RACEWAY PANEL 2000-11-08 154 154 S/L 10.0000        
62X42 NON-RACEWAY PANEL 2000-11-08 183 183 S/L 10.0000        
2 CENTER DRAWER 2000-11-08 119 119 S/L 10.0000        
HON CORNER TABLE 2000-11-08 329 329 S/L 10.0000        
4 GUEST ARM CHAIR-GRADE 4 FABRIC 2000-11-08 786 786 S/L 10.0000        
60 18" STOOL 2000-11-08 2,348 2,348 S/L 10.0000        
24 24"STOOL 2000-11-08 947 947 S/L 10.0000        
2 HON TABLE-48X24 2000-11-08 512 512 S/L 10.0000        
3 HON MOBILE PEDESTAL FILE BOX/BOX/FILE 2000-11-08 498 498 S/L 10.0000        
3 HON MOBILE PEDESTAL FILE-FILE/FILE 2000-11-08 498 498 S/L 10.0000        
2 MASTER KEY 2000-11-08 10 10 S/L 10.0000        
12 WASTEBASKET STEEL BEIGE 44 QT. CAPACITY 2000-11-08 168 168 S/L 10.0000        
BACKSTOP ELEM FIELD/FENCE PE FIELD 2000-10-20 13,919 13,919 S/L 20.0000        
WHIRLPOOL FRIG & ICEMAKER 2000-10-05 525 525 S/L 10.0000        
20" AUTO SCRUBBER 2000-11-27 2,995 2,995 S/L 10.0000        
CX3 CARPET SPOT EXTRACTOR 2000-11-27 549 549 S/L 10.0000        
STRAIGHT COUNTER TOP 62X15 2000-11-08 118 118 S/L 10.0000        
INITIAL BLDG CONSTRUCTION 2000-10-11 219,472 116,595 S/L 40.0000 5,486      
A/P VISUAL ENTITIES 2000-12-01 3,557 3,557 S/L 10.0000        
COSTS TO COMPLETE 2001-01-31 20,576 10,760 S/L 40.0000 514      
UNDERGROUND METER 2001-01-12 10,567 5,548 S/L 40.0000 264      
30X60 HPL TOP/PVC EDGE 2001-01-02 2,261 2,261 S/L 10.0000        
WASTEBASKETS 2001-01-02 360 360 S/L 10.0000        
4 SINGLE SEAT LOUNGE 2001-01-09 1,282 1,282 S/L 10.0000        
WOOD OAK SQUARE END TABLE 2001-01-09 274 274 S/L 10.0000        
1 WOOD OAK SQUARE END 2001-01-09 277 277 S/L 10.0000        
45 SLED BASE OAK ARMLESS CHAIR 2001-01-09 6,212 6,212 S/L 10.0000        
SLED BASE LOUNGE COUCH 2001-01-09 698 698 S/L 10.0000        
LIBRARY FURNITURE-SPECIAL 2001-01-08 19,230 19,230 S/L 10.0000        
A/P AMER FURNITURE 2001-01-20 14,978 14,978 S/L 10.0000        
A/P - HIGH SMITH FURNITURE 2001-02-13 3,830 3,830 S/L 10.0000        
A/P HIGHSMITH FURN 2001-01-09 274 274 S/L 10.0000        
COSTS TO COMPLETE 2001-06-08 65,000 34,306 S/L 39.0000 1,666      
LANDSCAPING 2001-06-19 4,704 4,704 S/L 20.0000        
LOCKERS 2003-12-08 5,040 5,040 S/L 10.0000        
RED OAK DOORS 2004-03-29 1,070 1,070 S/L 10.0000        
POTTERY KILN 2005-08-16 3,608 3,608 S/L 10.0000        
OWEN'S WATER CONDITIONING SYSTEM 2007-08-06 56,590 56,590 S/L 10.0000        
ASSMAN'S CARPET & FLOORING 2007-09-13 29,834 29,834 S/L 10.0000        
OWEN'S SOFT WATER EXPANSION TANKS 2009-09-28 4,000 4,000 S/L 10.0000        
ELECTRIC METER - BLOCK 2010-09-13 875 875 S/L 10.0000        
PARKING LOT GATE 2010-11-29 1,893 1,893 S/L 10.0000        
CARPET - PERCHA PAINT & WALLPAPER 2011-12-15 17,774 17,774 S/L 10.0000        
OPTIPLEX 9010 DELL COMPUTER - ERIK 2013-01-02 1,254 1,129 S/L 10.0000 125      
THREE WAY ZONE VALVES - G&S MECHANICAL 2013-03-15 2,048 1,809 S/L 10.0000 205      
DOOR FOR MULTI-PURPOSE ROOM - JBS CONTRACTING 2013-01-10 5,638 5,074 S/L 10.0000 564      
FURNACE - GYM 2013-12-03 2,900 586 S/L 40.0000 73      
OFFICE FURNITURE-1ST CHOICE 2016-05-16 4,907 2,740 S/L 10.0000 490      
RENOVATIONS FOR PICKARD ST 2016-05-16 20,000 2,792 S/L 40.0000 500      
HIGH SCHOOL RENOVATION - JBS 2016-05-16 76,397 10,664 S/L 40.0000 1,910      
CARPET - PEASLEY CARPET 2016-10-14 3,641 1,912 S/L 10.0000 364      
ASPHALT PARKING LOT 2017-11-30 185,438 37,860 S/L 20.0000 9,272      
ELEMENTARY SCHOOL SIGN 2017-09-22 11,146 4,737 S/L 10.0000 1,115      
DEMO, PLUMBING, MASONRY, CABS-HS SCHOOL RENOV 2018-05-08 147,271 13,500 S/L 40.0000 3,682      
EPSON BRIGHTLINK PROJECTOR 2018-04-20 7,920 4,840 S/L 6.0000 1,320      
DOORS & WINDOWS-JBS RENOVATION 2018-05-08 19,815 7,266 S/L 10.0000 1,981      
STUDS, DRYWALL, ACOUSTIC-JBS RENOVATION 2018-05-08 53,088 4,866 S/L 40.0000 1,328      
FLOORING-JBS RENOVATION 2018-05-08 40,882 14,990 S/L 10.0000 4,088      
PAINTING-JBS RENOVATION 2018-05-08 55,759 20,445 S/L 10.0000 5,576      
ELECTRIC-JBS RENOVATION 2018-05-08 140,361 12,866 S/L 40.0000 3,509      
WELL PUMP REPLACMENT & LABOR-TRAYER 2020-09-02 10,469 698 S/L 20.0000 523      
SANITARY LIFE STATION PUMP REPLACEMENT 2021-03-10 10,350 431 S/L 20.0000 518      
WELL LINE TANK REPAIR/REPLACEMENT-TRAYER 2021-08-04 9,985 208 S/L 20.0000 499      
LAND 1996-11-04 131,158              
LAND - SCHOOL 1996-11-04 32,789              

TY 2022 InvestmentsCorpBondsSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS-SEE ATTACHED 1,610,536 1,433,751

TY 2022 InvestmentsCorpStockSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Name of Stock End of Year Book Value End of Year Fair Market Value
STOCKS AND MUTUAL FUNDS-SEE ATTACHED 16,577,024 18,959,589

TY 2022 InvestmentsGovtObligationsSch
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
US Government Securities - End of Year Book Value:

1,948,443
US Government Securities - End of Year Fair Market Value:

1,801,227
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2022 InvestmentsLandSchedule2
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND - RENTAL 131,158   131,158 131,158

TY 2022 InvestmentsOtherSchedule2
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COMPLEMENTARY STRATEGIES-SEE ATTACHE AT COST 4,172,876 5,151,925

TY 2022 LandEtcSchedule2
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FIXED ASSETS 9,350,673 5,404,982 3,945,691 3,945,691
LAND - SCHOOL 32,789   32,789 32,789


TY 2022 OtherAssetsSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OTHER RECEIVABLE 34,868 10,800 10,800


TY 2022 OtherExpensesSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
EVENT SPONSORSHIP 8,000     8,000
FUNDING OF MOREY FLEXTECH HS 81,755     81,755
MISC. 2,542     61
OTHER EXPENSES 4,458     4,458
SUPPLIES 1,985     1,985
TAX EXEMPT-K-1S 2      


TY 2022 OtherIncomeSchedule2
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INCOME FROM K-1S 202,927 202,927  
MISC INCOME 1,774 1,774  
SIGULAR K-1 UBI 687    


TY 2022 OtherLiabilitiesSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Description Beginning of Year - Book Value End of Year - Book Value
FEDERAL EXCISE TAX PAYABLE 2,200  


TY 2022 OtherProfessionalFeesSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT SERVICES 184,536 184,536    


TY 2022 TaxesSchedule
Name:
THE MOREY FOUNDATION
EIN:
38-2965346
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 18,000      
TAXES - OTHER 6,067 6,067