The@robert D And Alma Moreton Foundation
- Assets
- $14.4m
- Revenue
- $733.0k
- Investments
- $14.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 38-7008245
Organization Overview
The@robert D And Alma Moreton Foundation is located in Chicago, IL. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@robert D And Alma Moreton 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 12/2023, The@robert D And Alma Moreton Foundation generated $733.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $935.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, The@robert D And Alma Moreton Foundation has awarded 97 individual grants totaling $4,522,398. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $407,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $325,525 |
| Capital Gain Net Income | $325,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $733,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $155,693 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,040 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $180,233 |
| Contributions, gifts, grants paid | $755,250 |
| Total expenses and disbursements | $935,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,831 |
| Savings and temporary cash investments | $127,222 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,414,508 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The@robert D And Alma Moreton Foundation has awarded $755,250 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
MIMIR CHAMBER MUSIC FESTIVAL PURPOSE: GENERAL OPERATING | $10,000 |
COMMUNITY FOOD BANK PURPOSE: GENERAL OPERATING | $15,000 |
PRESBYTERIAN NIGHT SHELTER PURPOSE: GENERAL OPERATING | $50,000 |
UNION GOSPEL MISSION OF TARRANT COUNTY PURPOSE: GENERAL | $100,000 |
FORT WORTH OPERA ASSOCIATION INC PURPOSE: GENERAL | $20,000 |
FNDN FOR THE YOUNG WOMEN'S LEADERSHIP PURPOSE: GENERAL | $30,000 |