Morton Foundation
- Assets
- $13.3m
- Revenue
- $815.4k
- Investments
- $13.2m
- Employees
- 0
- Location
- Lafayette, CA
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 91-1813416
Organization Overview
Morton Foundation is located in Lafayette, CA. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morton 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, Morton Foundation generated $815.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Morton Foundation has awarded 248 individual grants totaling $3,219,125. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian T Morton Vice President/director | 1 | $0 | |
Paul F Morton President/treasurer | 1 | $0 | |
Mary Ann Wolkomir Officer | 1 | $0 | |
Amber Young Officer | 1 | $0 | |
Sally Morton Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $162,418 |
| Interest on Savings | $122 |
| Dividends & Interest | $396,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,708 |
| Capital Gain Net Income | $151,708 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $104,513 |
| Total Revenue | $815,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,667 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $186,315 |
| Total operating and administrative expenses | $229,021 |
| Contributions, gifts, grants paid | $825,000 |
| Total expenses and disbursements | $1,054,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,091 |
| Savings and temporary cash investments | $0 |
| 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 | $4,246,551 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,302,853 |
| 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 | $15,000 |
| Total liabilities | $15,000 |
Grants Awarded
Over the last fiscal year, Morton Foundation has awarded $825,000 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY NOW BAY AREA PURPOSE: SUPPORT PROGRAMS FOR ADULTS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES | $7,500 |
ALIVE & FREE PURPOSE: SUPPORT ACTIVITIES FOR CHILDREN | $7,000 |
BICHON FURKIDS RESCUE PURPOSE: SUPPORT ANIMAL RESCUE | $5,000 |
BULL SESSION PURPOSE: SUPPORT CHARITIES' FUNDING OF CHILDREN PROGRAMS | $2,500 |
BISHOP O'DOWD HIGH SCHOOL THE GARY AND DEBBIE MASON ANGEL FUND PURPOSE: THIS ENDOWMENT FUND ASSISTS STUDENTS WHO NEED FINANCIAL ASSISTANCE TO PURCHASE TEXTBOOKS, O'DOWD POLOS, LUNCH, ATHLETIC EQUIPMENT, OR TO ATTEND RETREATS, PROM OR OTHER SCHOOL-BASED ACTIVITIES. | $5,000 |
BOYS & GIRLS CLUB OF CHICAGO PURPOSE: SUPPORT ACTIVITIES FOR CHILDREN | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morton Foundation Lafayette, CA | $13,302,853 | $815,388 |
Jay Defeo Foundation San Francisco, CA | $22,393,855 | $1,870,039 |
Ida J Benson Memorial Tr Fbo Forest W Benson Uw 032495 323 Las Vegas, NV | $678,670 | $26,973 |
Howard R And Joy M Berlin Foundation Carefree, AZ | $2,771,060 | $154,743 |
Butler Family Foundation Eureka, CA | $323,466 | $17,005 |
Leathers Family Foundation Ross, CA | $2,699,728 | -$51,518 |
Timothy M Pennington Iv Memorial Foundation Los Angeles, CA | $426,725 | $4,118 |
Ruth And Sheldon Goldstein Foundation Santa Monica, CA | $242,634 | $15,963 |