Morton Foundation
- Assets
- $13.6m
- Revenue
- $2.3m
- Investments
- $12.9m
- Employees
- 0
- Location
- Lafayette, CA
- Founding
- 08/1997
- Data as of
- 12/2021
- 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 12/2021, Morton Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 4 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.
Since 2020, Morton Foundation has awarded 124 individual grants totaling $1,583,000. 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 |
|---|---|---|---|
Paul F Morton President/treasurer | 1 | $0 | |
Kevin O Kleckza Vice President/director | 1 | $0 | |
Margaret Morton Young Officer | 1 | $0 | |
Brian T Morton Vice President/director | 1 | $0 | |
Mary Ann Wolkomir Officer | 1 | $0 | |
Sally Morton Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $177,397 |
| Interest on Savings | $171 |
| Dividends & Interest | $312,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,774,995 |
| Capital Gain Net Income | $1,774,995 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82,670 |
| Total Revenue | $2,347,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $197,574 |
| Total operating and administrative expenses | $230,571 |
| Contributions, gifts, grants paid | $798,500 |
| Total expenses and disbursements | $1,029,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $606,657 |
| 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 | $1,032,112 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,556,375 |
| 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, Morton Foundation has awarded $798,500 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
Monterey, CA PURPOSE: SUPPORT COMMUNITY PROJECTS | $75,000 |
Hillsborough, CA PURPOSE: EDUCATE PHYSICALLY DISABLED CHILDREN | $60,000 |
GEORGE MARK CHILDREN'S HOUSE PURPOSE: CARE FOR CHILDREN WITH TERMINAL ILLNESSES | $40,000 |
San Francisco, CA PURPOSE: SUPPORT THE COMMUNITY BY ENCOURAGING FINANCIAL SUPPORT | $30,000 |
SECOND HARVEST FOOD BANK OF SANTA CLARA AND SAN MATEO COUNTIES PURPOSE: TO PROVIDE FOOD FOR THE DESTITUTE | $30,000 |
GUIDE DOGS OF AMERICA PURPOSE: TO SUPPORT ASSISTANCE TO THE BLIND | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morton Foundation has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Future Citizens Foundation Salinas, CA PURPOSE: OPERATING SUPPORT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morton Foundation Lafayette, CA | $13,556,375 | $2,347,540 |
Jay Defeo Foundation San Francisco, CA | $21,461,108 | $756,455 |
Howard R And Joy M Berlin Foundation Carefree, AZ | $0 | $89,966 |
Ida J Benson Memorial Tr Fbo Forest W Benson Uw 032495 323-141445 Las Vegas, NV | $790,888 | $84,527 |
Butler Family Foundation Cutten, CA | $401,478 | $13,895 |
Leathers Family Foundation Ross, CA | $3,444,725 | $421,984 |
Ruth And Sheldon Goldstein Foundation Santa Monica, CA | $259,390 | $26,535 |
Timothy M Pennington Iv Memorial Foundation Los Angeles, CA | $462,090 | $18,384 |