R and E Norton Philanthropic Tr
R and E Norton Philanthropic Tr is a private foundation focused on Arts, Culture & Humanities, based in Dallas, TX. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $10.3M in total assets. In 2026, it awarded 2 grants totaling $888K. Net investment income was $387K.
Key facts about R and E Norton Philanthropic Tr
In short: R and E Norton Philanthropic Tr gave $888K across 2 grants in 2026 (avg $444K), mostly in Florida. Source: 2026 IRS Form 990-PF.
- EIN
- 36-6037367
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $887,768
- Grants made (2026)
- 2
- Average grant
- $443,884
- Median grant
- $443,884
- Total assets
- $10,256,053
- Primary geography
- Florida (90% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$10.3M
-5.0% YoY
Annual Giving
$888K
-8.6% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$444K
-8.6% YoY
Under IRS private-foundation payout rules, R and E Norton Philanthropic Tr reported a distributable amount of $867K for 2026 — the minimum it must pay out in qualifying distributions.
How R and E Norton Philanthropic Tr gives
- Giving held roughly steady from 2023 to 2026 (+5%). Method
- In 2026 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $676K (2024) to $971K (2025). In 2026 it made 2 grants totaling $888K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Norton Gallery & School of Art ($796K). Together the top 2 received $888K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 10 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Norton Gallery & School of Art W Palm Beach, FL | Unrestricted General | $795,691 |
| Chautauqua Institution New York, NY | Unrestricted General | $92,077 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $10,256,053 | $10,795,828 | $11,241,462 |
| Revenue | $439,943 | $615,318 | $590,164 |
| Expenses | $979,714 | $1,060,952 | $746,936 |
| Qualifying Distributions | $919,742 | $1,000,651 | $702,161 |
| Net Investment Income | $386,730 | $567,244 | $547,859 |
| Distributable Amount | $867,441 | $782,725 | $711,036 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2020 (received by the IRS August 31, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 29, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 30, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 29, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 25, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS July 10, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 29, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
R and E Norton Philanthropic Tr's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).
Officers on the 2026 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$79K (2022) → $79K (2026)
Former officers (1)
- Former: Bank Of America N A (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $79K, to Bank of America (Trustee).
Frequently asked questions about R and E Norton Philanthropic Tr
How much does R and E Norton Philanthropic Tr give each year?
R and E Norton Philanthropic Tr gave $888K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $971K across 2 grants.
How large is R and E Norton Philanthropic Tr?
R and E Norton Philanthropic Tr reported $10.3M in total assets on its 2026 IRS Form 990-PF. It paid out $920K in qualifying distributions that year, against a required minimum of $867K (roughly 5% of its investment assets).
What is R and E Norton Philanthropic Tr?
R and E Norton Philanthropic Tr is a private foundation focused on Arts, Culture & Humanities, based in Dallas, TX. It holds $10.3M in total assets as of 2026.
Where does R and E Norton Philanthropic Tr operate?
R and E Norton Philanthropic Tr has awarded grants in Florida, New York.
What is R and E Norton Philanthropic Tr's EIN?
R and E Norton Philanthropic Tr's EIN (Employer Identification Number) is 36-6037367. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching R and E Norton Philanthropic Tr by hand.
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