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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
HAROLD M & ADELINE S MORRISON FAMILY
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)50 E WASHINGTON STREET 430
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60602
A Employer identification number

36-7090069
B Telephone number (see instructions)

(312) 494-4513
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$33,719,536J 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) 1,295,988
2 Check right arrow.............
3 Interest on savings and temporary cash investments 138,112 138,112  
4 Dividends and interest from securities... 511,803 511,803  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 689,296
b Gross sales price for all assets on line 6a 5,751,323
7 Capital gain net income (from Part IV, line 2)... 688,359
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
70,931 70,931  
12 Total. Add lines 1 through 11........ 2,706,130 1,409,205  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 262,977 3,675   259,302
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 11,267 0   11,267
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,168 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,859 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
121,022 121,022   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
404,068 2,592   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 35,125 0   35,125
21 Travel, conferences, and meetings....... 7,542 0   7,542
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
157,847 128,577   29,270
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,017,875 255,866   342,506
25 Contributions, gifts, grants paid....... 1,299,584 1,299,584
26 Total expenses and disbursements. Add lines 24 and 25 2,317,459 255,866   1,642,090
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 388,671
b Net investment income (if negative, enter -0-) 1,153,339
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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.............      
2 Savings and temporary cash investments......... 3,335,839 2,519,325 2,519,325
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..........   2,904 2,904
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 18,184,048 Click to see attachment
List of Attached Documents:
// Content
19,054,703 		23,738,884
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,510,982 Click to see attachment
List of Attached Documents:
// Content
6,913,979 		7,458,423
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
53,500 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,084,369 28,490,911 33,719,536
Liabilities 17 Accounts payable and accrued expenses.......... 50 19,354
18 Grants payable.................    
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
5,515 		Click to see attachment
List of Attached Documents:
// Content
4,082
23 Total liabilities (add lines 17 through 22)......... 5,565 23,436
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...........    
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........ 18,705,836 19,094,507
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 9,372,968 9,372,968
29 Total net assets or fund balances (see instructions)..... 28,078,804 28,467,475
30 Total liabilities and net assets/fund balances (see instructions). 28,084,369 28,490,911
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
28,078,804
2
Enter amount from Part I, line 27a .....................
2
388,671
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
28,467,475
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
28,467,475
Form 990-PF (2023)
Form 990-PF (2023)
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 CHARLES SCHWAB #4287 P    
b CHARLES SCHWAB #4287 P    
c CHARLES SCHWAB #4450 P    
d CHARLES SCHWAB #7411 P    
e CHARLES SCHWAB #7411 P    
CHARLES SCHWAB #0577 P    
CHARLES SCHWAB #0577 P    
MERRILL LYNCH #6397 D    
INVESTMENT IN COIL P    
CAPITAL GAINS FROM K-1S P    
CAPITAL GAINS FROM K-1S P    
INVESTMENT IN MAGELLAN MIDSTREAM P    
INVESTMENT IN ENTERPRISE PRODUCTS PARTNERS P    
(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 497,717   434,647 63,070
b 215,412   118,131 97,281
c 249,000   249,000 0
d 729,655   655,967 73,688
e 214,858   245,066 -30,208
1,331,194   792,856 538,338
2,315,078   2,133,969 181,109
197,508   45,988 151,520
    338,431 -338,431
122     122
    48,863 -48,863
    46 -46
779     779
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       63,070
b       97,281
c       0
d       73,688
e       -30,208
      538,338
      181,109
      151,520
      -338,431
      122
      -48,863
      -46
      779
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 2 688,359
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  
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 16,031
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 0
3 Add lines 1 and 2........................... 3 16,031
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,031
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 37,424
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,424
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 36,393
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow36,393 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowIL
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 2023 or the taxable year beginning in 2023? 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
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 arrowFIC CO DAVE GERVASE Telephone no.right arrow (312) 494-4513

Located atright arrow50 E WASHINGTON ST SUITE 400CHICAGOIL ZIP+4right arrow60602
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
ADELINE S MORRISON SECRETARY
1.00 		0 0 0
50 E WASHINGTON ST SUITE 430
CHICAGO,IL60602
HELEN MORRISON CHAIR
1.50 		0 0 0
50 E WASHINGTON ST SUITE 430
CHICAGO,IL60602
LOIS MORRISON DIRECTOR OF OPERATIONS
40.00 		73,500 0 0
50 E WASHINGTON ST SUITE 430
CHICAGO,IL60602
CHARLES BRINLEY TREASURER
1.00 		0 0 0
50 E WASHINGTON ST SUITE 430
CHICAGO,IL60602
BRUCE BOYD EXEC. DIRECTOR
40.00 		175,000 0 0
50 E WASHINGTON ST SUITE 430
CHICAGO,IL60602
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 0
Form 990-PF (2023)
Form 990-PF (2023)
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
FINANCIAL INVESTMENTS CORPORATION ACCOUNTING FEES 70,000
50 E WASHINGTON STREET STE 430
CHICAGO,IL60602
Total number of others receiving over $50,000 for professional services.............right arrow0
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  
2  
3  
4  
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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
3,959,373
b
Average of monthly cash balances.......................
1b
2,572,180
c
Fair market value of all other assets (see instructions)................
1c
25,182,502
d
Total (add lines 1a, b, and c).........................
1d
31,714,055
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
31,714,055
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
475,711
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
31,238,344
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,561,917
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
1,561,917
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
16,031
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
273
c
Add lines 2a and 2b............................
2c
16,304
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,545,613
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,545,613
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,545,613
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
1,642,090
b
Program-related investments—total from Part VIII-B..................
1b
0
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
1,642,090
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,545,613
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 93,212
c From 2020...... 27,499
d From 2021...... 66,307
e From 2022...... 463,061
f Total of lines 3a through e ........ 650,079
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,642,090
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,545,613
e Remaining amount distributed out of corpus 96,477
5 Excess distributions carryover applied to 2023. 0 0
(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 5 746,556
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
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...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
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) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		746,556
10 Analysis of line 9:
a Excess from 2019.... 93,212
b Excess from 2020.... 27,499
c Excess from 2021.... 66,307
d Excess from 2022.... 463,061
e Excess from 2023.... 96,477
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
LOIS MORRISON
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
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

ADVANCE ILLINOIS

303 E WACKER DRIVE SUITE 500
CHICAGO,IL60601 		NONE PC 15TH ANNIVERSARY SUPPORT 25,000

ALEXANDER CHILDREN'S FOUNDATION

6220 THERMAL ROAD
CHARLOTTE,NC28211 		NONE PC ALEXANDER YOUTH NETWORK 1,000

ANNE K TAYLOR FUND

2724 ARVIN ROAD
BILLINGS,MT59102 		NONE PC GENERAL SUPPORT 2,000

BOYS & GIRLS CLUB OF LAKE COUNTY

730 S MARTIN LUTHER KING AVE
WAUKEGAN,IL60085 		NONE PC SUPPORT OF CAMP PROGRAMS 5,000

BRUSHWOOD CENTER OF RYERSON WOODS

21850 N RIVERWOODS ROAD
DEERFIELD,IL60015 		NONE PC GENERAL SUPPORT 47,500

CAMP FOR ALL KIDS

818 E 63RD STREET 193
CHICAGO,IL60637 		NONE PC GENERAL SUPPORT 20,000

CAMPING WITH CRADLE

PO BOX 481431
CHARLOTTE,NC28269 		NONE PC GENERAL SUPPORT 3,500

CHICAGO BOTANIC GARDEN

1000 LAKE COOK ROAD
GLENCOE,IL60022 		NONE PC TO HONOR THOMAS B HUNTER III 15,000

CHICAGO VOYAGERS

318 N ELMWOOD LANE
PALATINE,IL60067 		NONE PC TO HONOR JOE KASTENHOLZ, GENERAL SUPPORT 45,000

CLEANAIRE NC

PO BOX 5311
CHARLOTTE,NC28299 		NONE PC HISTORIC WEST END GREEN DISTRICT 10,000

COLLEGE OF LAKE COUNTY FOUNDATION

19351 W WASHINGTON ST
GRAYSLAKE,IL60030 		NONE PC GREEN YOUTH FARM 13,000

DEPAUL UNIVERSITY - IRWIN STEANS CENTER

PO BOX 6740
CAROL STREAM,IL601976740 		NONE PC SUPPORT ENVIRONMENTAL INTERNSHIPS 9,000

DISCOVERY PLACE INC

301 N TRYON ST
CHARLOTTE,NC28202 		NONE PC GENERAL SUPPORT 10,000

ELAWA FARM FOUNDATION

1401 MIDDLEFORK DR
LAKE FOREST,IL60045 		NONE PC GENERAL SUPPORT 5,000

ENVIRONMENTAL LAW & POLICY CENTER

35 E WACKER DRIVE SUITE 1600
CHICAGO,IL60601 		NONE PC GENERAL SUPPORT 7,500

ERIE FAMILY HEALTH FOUNDATION

2323 GRAND AVE
WAUKEGAN,IL60085 		NONE SO GENERAL SUPPORT 2,500

FAITH IN PLACE

70 E LAKE STREET SUITE 920
CHICAGO,IL60601 		NONE PC GENERAL SUPPORT 5,000

FIRST BAPTIST CHURCH

401 N GENESEE PO BOX 44
WAUKEGAN,IL60079 		NONE PC COOL LEARNING EXPERIENCE PROGRAM 60,000

FRIENDS OF NACHUSA GRASSLANDS

8772 S LOWDEN ROAD
FRANKLIN GROVE,IL61031 		NONE PC GENERAL SUPPORT 1,000

FRIENDS OF THE CHICAGO RIVER

411 S WELLS STREET SUITE 800
CHICAGO,IL60607 		NONE PC GENERAL SUPPORT 2,500

GARDENEERS

3414 WEST ROOSEVELT RD 2
CHICAGO,IL60624 		NONE PC GENERAL SUPPORT 7,000

GREENHOUSE SCHOLARS

1820 FOLSOM STREET
BOULDER,CO80302 		NONE PC GENERAL SUPPORT 2,000

GREENLEAF COMMUNITIES

1241 CENTRAL AVE 535
WILMETTE,IL60091 		NONE PC GENERAL SUPPORT 1,500

HEART OF THE CITY

PO BOX 356
WAUKEGAN,IL60078 		NONE POF GENERAL SUPPORT 5,000

HERMITAGE ARTIST RETREAT

6660 MANASOTA KEY ROAD
ENGLEWOOD,FL34223 		NONE PC GENERAL SUPPORT 11,500

IL ENVIRONMENTAL COUNCIL EDUCATION FUND

520 E CAPITOL
SPRINGFIELD,IL62701 		NONE PC GENERAL SUPPORT & CLEAN POWER LAKE COUNTY 10,000

JUSTICE OUTSIDE

436 14TH ST SUITE 1209
OAKLAND,CA94612 		NONE PC GENERAL SUPPORT 5,000

LAKE COUNTY COMMUNITY FOUNDATION

114 S GENESEE STREET SUITE 505
WAUKEGAN,IL60085 		NONE PC GENERAL SUPPORT 46,500

LAKE COUNTY HAVEN

PO BOX 127
LIBERTYVILLE,IL60048 		NONE PC GENERAL SUPPORT 2,500

LAKE FOREST OPEN LANDS

350 N WAUKEGAN ROAD
LAKE FOREST,IL60045 		NONE PC CONSERVATION LEADERSHIP & ENGAGEMENT 10,000

LEGACY REENTRY FOUNDATION NFP

418-420 W CLAYTON ST
WAUKEGAN,IL60085 		NONE PC GENERAL SUPPORT 12,500

LINCOLN PARK ZOO

2001 N CLARK STREET
CHICAGO,IL60614 		NONE PC GENERAL SUPPORT 1,500

MERIT SCHOOL OF MUSIC - JOY FAITH KNAPP MUSIC CENTER

38 SOUTH PEORIA STREET
CHICAGO,IL60607 		NONE PC GENERAL SUPPORT 2,500

METROSQUASH

6100 S COTTAGE GROVE AVE
CHICAGO,IL60637 		NONE PC TO HONOR JANAE MEYER 5,000

MOTE MARINE LABORATORY

1600 KEN THOMPSON PARKWAY
SARASOTA,FL34236 		NONE PC SEA TURTLE CONSERVATION 2,500

MUDDY SNEAKERS

PO BOX 146
BREVARD,NC28712 		NONE PC GENERAL SUPPORT 27,000

NORTH CAROLINA WILDLIFE FEDERATION

1346 SAINT JULIEN STREET
CHARLOTTE,NC28205 		NONE GROUP GENERAL SUPPORT 21,000

NORTH CHICAGO COMMUNITY PARTNERS

855 SKOKIE HIGHWAY SUITE D
LAKE BLUFF,IL60044 		NONE PC GENERAL SUPPORT 2,500

NORTHWESTERN LAKE FOREST HOSPITAL

660 N WESTMORELAND RD
LAKE FOREST,IL60045 		NONE PC GENERAL SUPPORT 2,500

OPENLANDS

25 E WASHINGTON ST SUITE 1650
CHICAGO,IL60602 		NONE PC GENERAL SUPPORT 62,750

OUTDOOR AFRO

2323 BROADWAY
OAKLAND,CA94612 		NONE PC SUPPORT FOR WORK IN NORTH CAROLINA 5,000

P33 CO CIVIC COMMITTEE

21 S CLARK STREET SUITE 4301
CHICAGO,IL60603 		NONE PC GENERAL SUPPORT 25,000

PLANNED PARENTHOOD SOUTH ATLANTIC

100 SOUTH BOYLAN AVENUE
RALEIGH,NC27603 		NONE PC GENERAL SUPPORT 2,000

POTOMAC CONSERVANCY

962 WAYNE AVE SUITE 540
SILVER SPRING,MD20910 		NONE PC GENERAL SUPPORT 257,500

RAGDALE FOUNDATION

1260 N GREEN BAY ROAD
LAKE FOREST,IL60045 		NONE PC "NEXT" CAMPAIGN & GENERAL SUPPORT 47,500

RARE

1310 N COURTHOUSE ROAD SUITE 110
ARLINGTON,VA22201 		NONE PC GENERAL SUPPORT 10,000

RAVINIA FESTIVAL

418 SHERIDAN ROAD
HIGHLAND PARK,IL60035 		NONE PC RAVINIA'S SMI SINGER & OUTREACH 20,000

READING POWER INC

736 N WESTERN AVE SUITE 226
LAKE FOREST,IL60045 		NONE PC GENERAL SUPPORT 5,000

ROBERTI COMMUNITY HOUSE

PO BOX 65
LAKE FOREST,IL60045 		NONE POF GENERAL SUPPORT 2,500

RUSH UNIVERSITY MEDICAL CENTER OFFICE OF PHILANTHROPY

1201 W HARRISON ST SUITE 300
CHICAGO,IL606073319 		NONE PC STEANS RBIHE DIRECTORSHIP 333,334

SIERRA CLUB FOUNDATION

2101 WEBSTER STREET SUITE 1250
SAN FRANCISCO,CA94612 		NONE PC OUTDOOR ALLIANCE FOR KIDS GENERAL OPERATIONAL SUPPORT 5,000

THE FIELD MUSEUM

1400 S LAKE SHORE DRIVE
CHICAGO,IL60605 		NONE PC GENERAL SUPPORT 1,500

THE NATURE CONSERVANCY IN ILLINOIS

8 SOUTH MICHIGAN AVE SUITE 900
CHICAGO,IL60603 		NONE PC GENERAL SUPPORT 5,000

TREESCHARLOTTE

701 TUSKASEEGEE ROAD
CHARLOTTE,NC28208 		NONE PC COMMUNITY ENGAGEMENT WORK 4,000

UNIVERSITY OF CHICAGOSSA FUND

969 E 60TH STREET
CHICAGO,IL60637 		NONE PC CROWN FAMILY SCHOOOL FUND 1,500

WAUKEGAN HISTORICAL SOCIETY

1917 N SHERIDAN ROAD BOWEN PARK
WAUKEGAN,IL60087 		NONE PC SUPPORT CARNEGIE EXHIBITS 10,000

WAYFINDERS

725 PROVIDENCE ROAD SUITE 212
CHARLOTTE,NC28207 		NONE PC GENERAL SUPPORT 20,000

WILD EARTH ALLIES

2 WISCONSIN CIRCLE SUITE 900
CHEVY CHASE,MD20815 		NONE PC GENERAL SUPPORT 3,000

YELLOWSTONE FOREVER

222 EAST MAIN STREET 301
BOZEMAN,MT59715 		NONE PC GENERAL SUPPORT 1,500

YOUTH & FAMILY COUNSELING

1113 S MILWAUKEE AVE STE 104
LIBERTYVILLE,IL60048 		NONE PC GENERAL SUPPORT 5,000

YOUTH CONSERVATION CORPS

1020 W GREENWOOD AVE
WAUKEGAN,IL60087 		NONE PC GENERAL SUPPORT 5,000
Total .................................right arrow 3a 1,299,584
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ........... 		    14 138,112  
4 Dividends and interest from securities ....     14 511,803  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 70,931  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 689,296  
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) .. 0 1,410,142 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,410,142
(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.)
3 DONATE INCOME TO CHARITIES
4 DONATE INCOME TO CHARITIES
7 DONATE INCOME TO CHARITIES
8 DONATE INCOME TO CHARITIES
10 DONATE INCOME TO CHARITIES
Form 990-PF (2023)
Form 990-PF (2023)
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 (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
HAROLD M & ADELINE S MORRISON FAMILY
FOUNDATION
Employer identification number

36-7090069
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
HAROLD M & ADELINE S MORRISON FAMILY
FOUNDATION 		Employer identification number
36-7090069
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ADELINE S MORRISION
50 E WASHINGTON ST STE 430
 
CHICAGO, IL60602

$ 1,250,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
MARGOT M BRINLEY
50 E WASHINGTON ST STE 430
 
CHICAGO, IL60602

$ 45,988


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
HAROLD M & ADELINE S MORRISON FAMILY
FOUNDATION 		Employer identification number

36-7090069
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 12,250 SHARES OF LBRT $ 199,757 2023-03-08
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
HAROLD M & ADELINE S MORRISON FAMILY
FOUNDATION 		Employer identification number

36-7090069
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREP FEES 10,859 0   0

TY 2023 InvestmentsCorpStockSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Name of Stock End of Year Book Value End of Year Fair Market Value
JP MORGAN CHASE 4,234 2,041,200
SCHWAB DAF 2,112,314 2,483,744
FIFTH THIRD BANCORP 2,048,228 2,241,850
INTEROCEAN SCHWAB 12,523,247 14,210,606
VALLEY NATIONAL BANCORP 94,446 401,820
SCHWAB 2,020,628 2,110,538
SCHWAB 251,606 249,126

TY 2023 InvestmentsOtherSchedule2
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SAAS III AT COST 388,644 418,485
SAAS CAPITAL IV AT COST 705,676 698,020
ROSE AFFORDABLE HOUSING PRES IV AT COST 366,077 514,043
LARAMAR MOB AT COST 603,531 663,513
LARAMAR MFVF III AT COST 739,672 830,708
LARAMAR /HARTFORD JV FUND AT COST 477,762 538,096
IMPACT II AT COST 380,771 450,000
GRATITUDE RAILROAD VENTURES AT COST 1,192 0
COASTAL REAL ESTATE AT COST 332,287 425,000
CIRCLE TOWERS SENIOR INVESTORS AT COST 913,219 750,000
BRAUVIN III AT COST 1,000,000 1,000,000
ATLANTIC CREEK REAL ESTATE III AT COST 117,699 77,828
ATLANTIC CREEK REAL ESTATE II AT COST 39,501 46,300
LAKESIDE WORKFORCE HOUSING II AT COST 206,131 377,708
VISTRIA FUND IV AT COST 593,100 607,598
KINZIE FUND II-A AT COST 48,717 61,124

TY 2023 LegalFeesSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 7,168 0   0


TY 2023 OtherAssetsSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
NOTE RECEIVABLE 53,500 0 0


TY 2023 OtherExpensesSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TELEPHONE EXPENSE 600 0   600
OTHER DEDUCTIONS - K-1'S 128,577 128,577   0
MEMBERSHIP FEES 20,940 0   20,940
SUPPLIES 563 0   563
MISCELLANEOUS FEES 7,115 0   7,115
SHIPPING EXPENSE 52 0   52


TY 2023 OtherIncomeSchedule2
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CIRCLE TOWER SENIOR INVESTORS 60,000 60,000 60,000
COASTAL REAL ESTATE -29,823 -29,823 -29,823
COIL -840 -840 -840
ENTERPRISE PRODUCT PARTNERS -779 -779 -779
FIC INC PARTNERSHIP 34 34 34
GRATITUDE RAILROAD VENTURES 0 0 0
IMPACT ENGINE -7,524 -7,524 -7,524
KINZIE FUND II-A LP 0 0 0
LAKESIDE II -26,328 -26,328 -26,328
LARAMAR KODIAK -37,653 -37,653 -37,653
LARAMAR MFV III 0 0 0
LARAMAR MOB 6,139 6,139 6,139
MAGELLAN MIDSTREAM 50 50 50
ROSE FUND IV 2,123 2,123 2,123
SAAS CAPITAL III 37,347 37,347 37,347
SAAS CAPITAL IV 63,459 63,459 63,459
VISTRIA FUND IV 4,726 4,726 4,726


TY 2023 OtherLiabilitiesSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Description Beginning of Year - Book Value End of Year - Book Value
K-1 BASIS - FIC INCOME PARTNERSHIP 4,101 4,082
K-1 BASIS - MAGELLAN MIDSTREAM 567 0
K-1 BASIS - ENTERPRISE PRODUCTS PARTNERS 847 0


TY 2023 OtherProfessionalFeesSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 51,022 51,022   0
FIC ACCOUNTING FEES 70,000 70,000   0


TY 2023 TaxesSchedule
Name:
HAROLD M & ADELINE S MORRISON FAMILY
 
FOUNDATION
EIN:
36-7090069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX WITHHELD 404,068 2,592   0