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Filing year 2024

THE MORTON FOUNDATION INC

Cape Neddick, Maine·EIN 04-3288386·NTEE O20Z · Youth Development·501(c)(3)
Total revenue
$1.7M
Total assets
$87k
Total expenses
$3.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE MORTON FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President, Director
Director
Treasurer, Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.8M

Itemized grants

5

Median grant

$931k

RecipientLocationPurposeAmount
FIDELITY CHARITABLE HEDGIE FUNDCINCINNATI, OHTRANSFER OF SECURITIES FROM MORTON FOUNDATION TO FIDELITY DONOR ADVISED FUND$949k
SCHWAB DAFGIVING360 KHASTINGS DAFLONE TREE, COTRANSFER OF SECURITIES FROM MORTON FOUNDATION TO SCHWAB 360 DONOR ADVISED FUND$931k
SCHWAB DAFGIVING360 CAROLYN MORTON SAYWARD FUND DAFLONE TREE, COTRANSFER OF SECURITIES FROM MORTON FOUNDATION TO SCHWAB 360 DONOR ADVISED FUND$931k
SCHWAB DAFGIVING360 THE CCMF FUND DAFLONE TREE, COTRANSFER OF SECURITIES FROM MORTON FOUNDATION TO SCHWAB 360 DONOR ADVISED FUND$930k
MUSEUM OF ART OF OGUNQUITOGUNQUIT, MEGENERAL SUPPORT OF MUSEUM$54k
Financial trend

Revenue and expenses over time

THE MORTON FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$499k
$257k
2022
$67k
$35k
2023
$1.7M
$3.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Youth Development executives earn

THE MORTON FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable youth development organization nationwide earns a median of $70,000.

25th percentile
$31k
Median
$70,000
75th percentile
$120k
90th percentile
$186k

These are youth development sector-wide figures, not this organization's reported pay. Based on 5,237 organizations across 5,237 filings (2020 – 2024).

See full Youth Development compensation data
FAQ

Common questions about THE MORTON FOUNDATION INC

What are THE MORTON FOUNDATION INC's revenue and expenses?

In 2024, THE MORTON FOUNDATION INC reported $1.7M in total revenue and $3.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.