R and E Norton Philanthropic Tr

Private foundation · Grantmaker Dallas, TX EIN: 36-6037367

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

2states

Share of 2026 grant dollars across all 2 itemized grants.

Cities

New YorkW Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025 2 grants2026

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

Norton Gallery & School of Art: $796KNorton Gallery & School of Art$796KChautauqua Institution: $92KChautauqua Institution$92K

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

<$50K4$50–100K1$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Norton Gallery & School of Art W Palm Beach, FLUnrestricted General$795,691
Chautauqua Institution New York, NYUnrestricted General$92,077

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024 2025 2026
Metric202620252024
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

  1. Added Form 990-PF for fiscal year 2020 (received by the IRS August 31, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 29, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 30, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 29, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 25, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS July 10, 2025)
  7. Added Form 990-PF for fiscal year 2026 (received by the IRS July 29, 2026)
  8. 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

Bank of America — Trustee: $79KBank of AmericaTrustee$79K

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.

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