Norton Family Foundation
- Assets
- $2.7m
- Revenue
- $378.0k
- Investments
- $2.7m
- Employees
- 0
- Location
- Barrington, IL
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-2570729
Organization Overview
Norton Family Foundation is located in Barrington, IL. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton Family 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, Norton Family Foundation generated $378.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.8%) each year.
Since 2020, Norton Family Foundation has awarded 72 individual grants totaling $282,337. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH DONATIONS TO VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simone A Norton Director | 1 | $0 | |
John T Norton President/director | 1 | $0 | |
Jonathan T Norton Director | 1 | $0 | |
Travis A Norton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $377,965 |
| Capital Gain Net Income | $377,965 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $377,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,080 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $22,274 |
| Contributions, gifts, grants paid | $104,207 |
| Total expenses and disbursements | $126,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,776 |
| 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 | $960,523 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,742,460 |
| 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, Norton Family Foundation has awarded $104,207 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
PERFORMANCE EXCELLENCE FOUNDATION PURPOSE: TO PROVIDE ASSISTANCE TO SUPPORT ORGANIZATIONAL PERFORMANCE EXCELLENCE IN THE US AND THROUGHOUT THE WORLD. | $25,000 |
NPH USA PURPOSE: TO PROVIDE ASSISTANCE TO TRANSFORM THE LIVES OF VULNERABLE CHILDREN IN LATIN AMERICA AND THE CARIBBEAN BY SUPPORTING THE HOMES, HEALTH SERVICES AND EDUCATIONAL PROGRAMS OF NUESTROS PEQUEOS HERMANOS. | $10,000 |
Sarasota, FL PURPOSE: TO PROVIDE ADDISATNCE TO SUPPORT END HUNGER IN THE COMMUNITY | $10,000 |
NEW COLLEGE OF FLORIDA FOUNDATION PURPOSE: TO PROVIDE ASSISTANCE TO SUPPORT HIGH-ACHIEVING UNDERGRADUATES WITH SCHOLARSHIPS, ACADEMIC PROGRAM, AND NEW BULIDINGS. | $10,000 |
Barrington, IL PURPOSE: TO PROVIDE ASSISTANCE FOR CHANGING THE LANDSCAPE OF FOSTER CARE AND ADOPTION IN ILLINOIS OUR MISSION IS TO INSPIRE FOSTER CARE AND ADOPTION. FUNDS RAISED WILL GO TO PROGRAMS THAT BUILD THE STRONG AND INNOVATIVE BRIDGE BETWEEN OUR WAITING CHILDREN AND FOSTER AND ADOPTIVE PARENTS. | $5,207 |
INDIANA UNIVERSITY FOUNDATION - IBN PURPOSE: TO PROVIDE ASSISTANCE TO SUPPORT INDIANA UNIVERSITY WITH THE FINANCIAL SUPPORT IT NEEDS TO SUCCEED. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Hawkeye Area Community Action Program Inc Hiawatha, IA | $14,892,193 | $63,434,127 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
Lifeline Youth & Family Services Inc Fort Wayne, IN | $15,628,659 | $38,083,955 |