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.
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
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 |
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 include Onward Neighborhood House ($102,000), Wayside Cross Ministries ($100,000), Schedule Available Upon Request ($80,278).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHEDULE AVAILABLE UPON REQUEST CHICAGO, IL | AGED, BLIND & DISABLED | $80,278 |
| SCHEDULE AVAILABLE UPON REQUEST CHICAGO, IL | HOSPITAL, MEDICAL & SURGICAL | $19,683 |
| ONWARD NEIGHBORHOOD HOUSE CHICAGO, IL | CHARITABLE | $102,000 |
| WAYSIDE CROSS MINISTRIES AURORA, IL | CHARITABLE | $100,000 |
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Mark Morton Memorial Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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