Skip to content
Nonprofiteer
← BELLINGRATH-MORSE FOUNDATION

Form 990 for tax year 2022

Filed by BELLINGRATH-MORSE FOUNDATION.

Totals

Total revenue
$5,938,781
Total expenses
$7,617,273
Contributions and grants received
$0
Grants paid
$7,224,079
Program service revenue
$0
Investment income
$3,200,447
Other revenue
$2,738,334
Total assets, end of year
$90,894,971
Total liabilities, end of year
$94,318
Net assets or fund balances, end of year
$90,800,653
Program services expenses (Part IX)
$7,224,079
Management and general expenses
$393,194
Fundraising expenses
$0
Program service expenses (Part III)
$7,224,079

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $1,886,435 · excluded $1,886,435

  • 7a · Gross sales of assets other than inventory

    securities $20,073,660 · other assets $5,500

  • 7b · Less cost or other basis and sales expenses

    securities $18,759,148 · other assets $6,000

  • 7c · Gain or loss

    securities $1,314,512 · other assets -$500

  • 7d · Net gain or loss

    total $1,314,012 · excluded $1,314,012

  • 11a · Other revenue: INSURANCE REIMBURSEMENT OF LEGAL

    total $2,122,425 · related or exempt $2,122,425

  • 11b · Other revenue: REGIONS SOUTHEAST TIMBER FD II LL

    total $611,789 · excluded $611,789

  • 11c · Other revenue: EXCISE TAX REFUND

    total $4,160 · related or exempt $4,160

  • 11d · All other revenue

    total -$40 · excluded -$40

  • 11e · Other revenue, total

    $2,738,334

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,224,079 · program services $7,224,079

  • 5 · Compensation of officers, directors and key employees

    total $117,450 · management and general $117,450

  • 10 · Payroll taxes

    total $8,220 · management and general $8,220

  • 11b · Fees: legal

    total $141,743 · management and general $141,743

  • 11f · Fees: investment management

    total $48,607 · management and general $48,607

  • 23 · Insurance

    total $73,005 · management and general $73,005

  • 24a · Other expenses: MISCELLANEOUS

    total $3,089 · management and general $3,089

  • 24b · Other expenses: ADR FEES

    total $732 · management and general $732

  • 24c · Other expenses: TRUSTEE & DIRECTORS EXP

    total $348 · management and general $348

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,790,642 · end of year $2,490,830

  • 4 · Accounts receivable

    beginning of year $247,923 · end of year $223,835

  • 5 · Loans and receivables from officers and key people

    beginning of year $2,008,192 · end of year $1,921,526

  • 11 · Investments: publicly traded securities

    beginning of year $98,160,171 · end of year $83,169,675

  • 12 · Investments: other securities

    beginning of year $4,250,731 · end of year $2,960,150

  • 15 · Other assets

    beginning of year $134,955 · end of year $128,955

  • 17 · Accounts payable and accrued expenses

    beginning of year $93,608 · end of year $94,318

  • 28 · Net assets with donor restrictions

    beginning of year $109,499,006 · end of year $90,800,653

Mission and programs · 2022

Mission

PROVIDE FOR THE OPERATIONS AND MAINTENANCE OF BELLINGRATH GARDENS AND HOME FOR EDUCATION AND ENJOYMENT OF THE GENERAL PUBLIC AND TO PROVIDE CONTINUED SUPPORT FOR CERTAIN COLLEGES AND CHURCHES ALL AS PROVIDED IN THE ENTITY'S ORGANIZATIONAL DOCUMENTS.

  • DISTRIBUTION OF TOTAL RETURN DISTRIBUTABLE AMOUNT FROM TRUST TO TWO CHURCHES, THREE COLLEGES AND BELLINGRATH GARDENS & HOME FOUNDATION.

    Expenses $7,224,079 · Grants $7,224,079

As filed on the 2022 return.

Listed in Part VII

  • Walter Edgar

    TRUSTEE

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • George Garzon Jr

    TRUSTEE

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Preston Bolt

    CHAIRMAN

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Robert Baker Jr

    TRUSTEE

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Helen Meaher

    TRUSTEE

    Total calculated
    $1,000
    From this org
    $1,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Regions Bank

    CORP. TRUSTEE

    Total calculated
    $137,724
    From this org
    $0
    From related orgs
    $0
    Other
    $137,724
    Hours/week
    2

  • Sidney Weinacker

    SECRETARY

    Total calculated
    $79,902
    From this org
    $0
    From related orgs
    $72,853
    Other
    $7,049
    Hours/week
    40

  • William E Barrick

    FORMER TRUSTEE/EXEC DIR

    Total calculated
    $134,111
    From this org
    $0
    From related orgs
    $134,111
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $134,111 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $134,111 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
WILLIAM E. BARRICK $134,111

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303199349320035

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.