Mark Morton Memorial Fund
The Mark Morton Memorial Fund is a private foundation based in Chicago, Illinois. It operates as a grantmaking organization focused on supporting charitable causes primarily within Illinois.
Key facts about Mark Morton Memorial Fund
- EIN
- 23-7181380
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $723,626
- Grants made (2024)
- 12
- Average grant
- $60,302
- Median grant
- $69,000
- New grantees (estimate)
- 70% first-time grantees (7 of 10, 2024)
- Total assets
- $13,498,924
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Mark Morton Memorial Fund funds
By grant dollars, the top recipient states for Mark Morton Memorial Fund's 12 itemized 2024 grants were Illinois (100%). The most frequent recipient cities were Chicago, IL (7 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (10 grants).
Is Mark Morton Memorial Fund open to new grantees?
70%
first-time grantees, 2024
In 2024, 7 of 10 grantees (70%) were first-time recipients. First grants averaged $57K; repeat grants $76K. How we count
Medians: $65K first-time, $100K repeat.
- 10% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Mark Morton Memorial Fund
- How to evaluate Mark Morton Memorial Fund as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.5M
+4.8% YoY
Annual Giving
$724K
+31.2% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$60K
+31.2% YoY
Under IRS private-foundation payout rules, Mark Morton Memorial Fund reported a distributable amount of $829K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Poverty Alleviation
- Reproductive Health
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Illinois, with documented grants to organizations serving the Chicago metropolitan area and surrounding communities.
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $13,498,924
- Total Annual Giving: $719,746
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,498,924 | $12,881,231 | $12,404,799 |
| Revenue | $1,583,869 | $1,273,354 | $-107,069 |
| Expenses | $965,039 | $806,251 | $1,136,905 |
| Qualifying Distributions | $880,368 | $723,890 | $1,090,293 |
| Net Investment Income | $1,519,177 | $1,210,609 | $271,953 |
| Distributable Amount | $828,599 | $771,632 | $820,156 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Onward Neighborhood House ($102,000), Wayside Cross Ministries ($100,000), Schedule Available Upon Request ($99,961 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| ONWARD NEIGHBORHOOD HOUSE Chicago, IL | CHARITABLE | $102,000 |
| WAYSIDE CROSS MINISTRIES Aurora, IL | CHARITABLE | $100,000 |
| SCHEDULE AVAILABLE UPON REQUEST Chicago, IL | AGED, BLIND & DISABLED | $80,278 |
| AVENUES TO INDEPENDENCE Park Ridge, IL | CHARITABLE | $75,000 |
| MAYWOOD FINE ARTS ASSOCIATION Maywood, IL | CHARITABLE | $75,000 |
| CIRCLE URBAN MINISTRIES Chicago, IL | CHARITABLE | $73,000 |
| CHICAGO YOUTH PROGRAMS Chicago, IL | CHARITABLE | $65,000 |
| REBUILDING TOGETHER METRO CHICAGO Chicago, IL | CHARITABLE | $53,665 |
| OUTREACH COMMUNITY MINISTRIES Carol Stream, IL | CHARITABLE | $35,000 |
| KIDS ABOVE ALL Chicago, IL | CHARITABLE | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sarah K Severson | President | 2 | $30,000 |
| Molly Galo | Dir/Vice Pres | 1 | $12,000 |
| Mary Kate Daly | Dir/Vice Pres | 1 | $12,000 |
| John Venhuizen | Dir/Vice Pres | 1 | $12,000 |
Frequently Asked Questions
What does Mark Morton Memorial Fund fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Poverty Alleviation • Reproductive Health
How do I apply for a grant from Mark Morton Memorial Fund?
**Grant Amounts:** Typical awards range from $10,000 to $102,000. **Recent Activity:** The foundation awarded $57,000 to The Outreach House in Lombard, Illinois during the 2023 tax year for charitable purposes. **Total Annual Giving:** $719,746 (based on most recent IRS Form 990 filing from 2024)
Where does Mark Morton Memorial Fund make grants?
The foundation primarily funds organizations in Illinois, with documented grants to organizations serving the Chicago metropolitan area and surrounding communities.
What size grants does Mark Morton Memorial Fund award?
In 2024, Mark Morton Memorial Fund awarded 12 grants totaling $724K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is Mark Morton Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mark Morton Memorial Fund reported a distributable amount of $829K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mark Morton Memorial Fund's EIN?
Mark Morton Memorial Fund's EIN (Employer Identification Number) is 23-7181380. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.