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← MORRIS CALVARY

Form 990 for tax year 2023

Filed by MORRIS CALVARY.

Totals

Total revenue
$365,722
Total expenses
$1,690,128
Contributions and grants received
$0
Grants paid
$1,534,202
Program service revenue
$0
Investment income
$350,719
Other revenue
$15,003
Total assets, end of year
$27,499,696
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$27,499,696
Program services expenses (Part IX)
$1,534,202
Management and general expenses
$155,926
Fundraising expenses
$0
Program service expenses (Part III)
$1,534,202

Program services were 90.8% 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 $372,177 · excluded $372,177

  • 7a · Gross sales of assets other than inventory

    securities $210,181

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

    securities $231,639

  • 7c · Gain or loss

    securities -$21,458

  • 7d · Net gain or loss

    total -$21,458 · excluded -$21,458

  • 11d · All other revenue

    total $15,003 · excluded $15,003

  • 11e · Other revenue, total

    $15,003

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,534,202 · program services $1,534,202

  • 5 · Compensation of officers, directors and key employees

    total $152,010 · management and general $152,010

  • 11c · Fees: accounting

    total $1,050 · management and general $1,050

  • 24e · All other expenses

    total $2,866 · management and general $2,866

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,211,485 · end of year $153,786

  • 12 · Investments: other securities

    beginning of year $27,627,685 · end of year $27,345,910

  • 29 · Capital stock, trust principal or current funds

    beginning of year $28,839,170 · end of year $27,499,696

Mission and programs · 2023

Mission

GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED APRIL 4, 1912 KEYBANK N A, AS TRUSTEE, MAKES DISTRIBUTIONS TO THE FOLLOWING: UNIVERSITY HOSPITAL OF CLEVELAND, ST VINCENT CHARITY HOSPITAL, SISIERS OF ST FRANCIS HEALTH. UNDER THE OHIO INSTITIONAL TRUST FUNDS ACT OF 1999, THESE BENEFICIARIES HAVE CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.

  • GRANTS ARE MADE TO SUPPORT UNIVERSITY HOSPITAL AND ARE MADE IN PROPORTION TO THE NUMBER OF PATIENTS CARED FOR DURING THE FIVE (5) YEARS IMMEDIATELY PRECEDING SUCH ANNUAL DISTRIBUTION.

    Expenses $1,000,852 · Grants $1,000,852

  • GRANTS ARE MADE TO SUPPORT ST VINCENT CHARITY.HOSPITAL V AND ARE MADE INPROPORTION TO THE NUMBER OF PATIENTS CARED FOR DURING THE FIVE (5)YEARS IMMEDIATELY PRECEDING SUCH ANNUAL DISTRIBUTION.

    Expenses $240,946 · Grants $240,946

  • GRANTS ARE MADE TO SUPPORT SISTERS OF ST FRANCIS HEALTH AND AREMADE IN PROPORTION TO THE NUMBER OF PATIENTS CARED FOR DURING THE FIVE(5) YEARS IMMEDIATELY PRECEDING SUCH ANNUAL DISTRIBUTION.

    Expenses $51,458 · Grants $51,458

  • Expenses $240,946 · Grants $240,946

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Keybank National Association

    TRUSTEE

    Total calculated
    $152,010
    From this org
    $152,010
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
2 May 2024
IRS schema version
2023v5.0
Source object
202431269349300213

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

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