Morton Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 30 grants totaling $146K. Net investment income was $70K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-6.3% YoY
Annual Giving
$146K
+15.2% YoY
Grant Count
30
+0.0% YoY
Avg Grant Size
$5K
+15.2% YoY
Under IRS private-foundation payout rules, Morton Family Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.
About Morton Family Foundation
Based on IRS filings
Morton Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 30 grants totaling $146K. Net investment income was $70K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,086,901 | $1,160,232 | $1,266,462 |
| Revenue | $75,856 | $23,147 | $35,005 |
| Expenses | $149,195 | $129,634 | $148,430 |
| Qualifying Distributions | $145,750 | $126,550 | $141,700 |
| Net Investment Income | $70,261 | $20,063 | $26,150 |
| Distributable Amount | $66,382 | $66,168 | $72,350 |
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
143 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bravo Vail Annua Gift ($35,000), Maltz Jupiter Theater Fdn ($26,000), Mayo Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 1000 FRIENDS OF FLORIDA TALLAHASSEE, FL | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $1,000 |
| AMERICAN FRIENDS OF ACADEMY OF ST MARTIN IN THE FIELDS ALEXANDRIA, VA | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $3,000 |
| BANNER LAKE CLUB HOBE SOUND, FL | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $6,000 |
| BOYS AND GIRLS CLUB OF MARTIN COUNTY HOBE SOUND, FL | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $8,000 |
| BRAVO VAIL ANNUA GIFT VAIL, CO | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $35,000 |
| UNC CAROLINA PERFORMING ARTS SOCIETY CHAPEL HILL, NC | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $1,000 |
| CHRIST MEMORIAL CHAPEL HOBE SOUND, FL | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $6,000 |
| COLUMBIA UNIVERSITY DEPT OF OPTHALMOLOGY NEW YORK, NY | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $1,000 |
| EAGLEBROOK SCHOOL DEERFIELD, MA | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $2,500 |
| EVERGLADES FOUNDATION PALMETTO BAY, FL | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM I MORTON | TRUSTEE | — | — |
| MARY K MORTON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Morton Family Foundation?
Morton Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. It holds $1.1M in total assets as of 2024.
How large is Morton Family Foundation?
As of 2024, Morton Family Foundation holds $1.1M in total assets with $76K in annual revenue. It awarded 30 grants totaling $146K in 2024.
Where does Morton Family Foundation operate?
Morton Family Foundation has awarded grants in Colorado, Connecticut, District of Columbia, Florida, Indiana, Massachusetts, Maine, Michigan, Minnesota, North Carolina, New York, Ohio, Virginia.
What size grants does Morton Family Foundation award?
In 2024, Morton Family Foundation awarded 30 grants totaling $146K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Morton Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Morton Family Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morton Family Foundation's EIN?
Morton Family Foundation's EIN (Employer Identification Number) is 06-6469445. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morton Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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