Morton Golf Foundation
- Assets
- $519.9k
- Revenue
- $407.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Sacramento, CA
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-4351450
Organization Overview
Morton Golf Foundation is located in Sacramento, CA. The organization was established in 2009. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morton Golf Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Morton Golf Foundation generated $407.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $303.2k during the year ending 12/2021. While expenses have increased by 9.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MORTON GOLF FOUNDATIONS MISSION IS TO PROVIDE FUNDS TO PROGRAMS OFFERING A HEALTHY OUTDOOR RECREATIONAL ENVIRONMENT THET STRESSES THE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS & SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Siebers Exec Direct | Officer | $25,603 | |
Frank Larosa Fund Development | Trustee | 0.5 | $0 |
Greg Parry Fund Develope | Trustee | 0.5 | $0 |
Rob Fong Fund Dev | Trustee | 0.5 | $0 |
Tom Morton President | Trustee | 5 | $0 |
Brad Benbrook Fund Dev | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $283,146 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $123,827 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,973 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,973 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,695 |
| Grants and other assistance to domestic individuals. | $113,088 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,603 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,616 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $662 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,791 |
| All other expenses | $0 |
| Total functional expenses | $303,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $459,467 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,429 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $519,896 |
| Accounts payable and accrued expenses | $207 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $207 |
| Net assets without donor restrictions | $519,689 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $519,896 |
Grants Awarded
Over the last fiscal year, Morton Golf Foundation has awarded $49,515 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA | | $15,515 |
SAC STATE WOMEN'S GOLF | | | $10,000 |
ST JUDES' CHIDRENS HOSPITA | | | $9,000 |
DOWN SYNDRONE ASSOC | | | $8,000 |
NORTHERN CA PGA FOUNDATION | | | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Morton Golf Foundation has recieved totaling $38,902.
| Awarding Organization | Amount |
|---|---|
Governors Cup Foundation Inc West Sacramento, CA PURPOSE: Help hospitality worker during pandimic | $25,000 |
Optimist International Citrus Heights, CA PURPOSE: YOUTH ASSISTANCE | $13,887 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Golf Community Foundation Scottsdale, AZ | $9,908,509 | $6,967,253 |
Lone Tree Golf & Event Center Antioch, CA | $6,167,701 | $5,409,436 |
Marrakesh Golf Club Palm Desert, CA | $20,662,505 | $5,001,903 |
Arizona Golf Association Scottsdale, AZ | $3,967,286 | $3,840,338 |
Pro Kids Golf Academy Inc San Diego, CA | $8,927,878 | $4,938,546 |
Presidio Golf And Concordia Club San Francisco, CA | $11,620,577 | $2,321,384 |
Future Citizens Foundation Salinas, CA | $8,194,762 | $5,447,969 |
Flagstaff Golf Association Flagstaff, AZ | $3,224,049 | $2,364,199 |
Golden State Golf Tour Association Oceanside, CA | $370,280 | $2,063,995 |
Bidwell Park Golf Club Chico, CA | $967,252 | $2,139,141 |
Junior Golf Association Of Arizona Inc Phoenix, AZ | $858,991 | $1,640,395 |
San Diego County Junior Golf Association Inc San Diego, CA | $1,536,640 | $1,591,808 |