Harold J & Viola Morton Childrens Fd

DALLAS, TX EIN: 52-7017522

Harold J & Viola Morton Childrens Fd is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $73K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+6.3% YoY

Annual Giving

$73K

+30.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$73K

+30.1% YoY

Under IRS private-foundation payout rules, Harold J & Viola Morton Childrens Fd reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.

About Harold J & Viola Morton Childrens Fd

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $372K (100%)

States

Illinois

Cities

Chicago

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,749,169	$1,645,524	$1,699,298
Revenue	$57,592	$8,765	$427,040
Expenses	$101,313	$93,106	$128,640
Qualifying Distributions	$83,725	$65,950	$111,236
Net Investment Income	$34,846	$22,530	$409,569
Distributable Amount	$92,386	$82,974	$82,951

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rush University Medical Center ($72,830).

Recipient	Purpose	Amount
RUSH UNIVERSITY MEDICAL CENTER CHICAGO, IL	UNRESTRICTED GENERAL	$72,830

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$25,988

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Harold J & Viola Morton Childrens Fd?

Harold J & Viola Morton Childrens Fd is a private foundation focused on Education, based in DALLAS, TX. It holds $1.7M in total assets as of 2024.

How large is Harold J & Viola Morton Childrens Fd?

As of 2024, Harold J & Viola Morton Childrens Fd holds $1.7M in total assets with $58K in annual revenue. It awarded 1 grants totaling $73K in 2024.

Where does Harold J & Viola Morton Childrens Fd operate?

Harold J & Viola Morton Childrens Fd has awarded grants in Illinois.

What size grants does Harold J & Viola Morton Childrens Fd award?

In 2024, Harold J & Viola Morton Childrens Fd awarded 1 grants totaling $73K — an average of about $73K per grant, based on its IRS Form 990 filings.

How much is Harold J & Viola Morton Childrens Fd required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harold J & Viola Morton Childrens Fd reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harold J & Viola Morton Childrens Fd's EIN?

Harold J & Viola Morton Childrens Fd's EIN (Employer Identification Number) is 52-7017522. IRS Form 990 filing data is available on this page for 2020–2024.