The Morton Foundation Inc
The Morton Foundation Inc is a private foundation focused on Youth Development, based in Cape Neddick, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $87K in total assets. In 2025, it awarded 5 grants totaling $3.8M. Net investment income was $117K.
The Morton Foundation Inc at a glance
In short: The Morton Foundation Inc gave $3.8M across 5 grants in 2025 (avg $759K), mostly in Colorado. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,796,374
- Grants made (2025)
- 5
- Average grant
- $759,275
- Median grant
- $931,160
- Total assets
- $86,676
- -95.3% vs 2024
- Primary geography
- Colorado (74% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Morton Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Fidelity Charitable Hedgie Fund ($949K). Together the top 5 received $3.8M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How The Morton Foundation Inc gives
- Giving grew 804% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $166K (2021) to $3.8M (2025). In 2025 it made 5 grants totaling $3.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Hedgie Fund Cincinnati, OH | Transfer of securities from morton foundation to fidelity donor advised fund | $949,105 |
| Schwab DAFGIVING360 Khastings DAF Lone Tree, CO | Transfer of securities from morton foundation to schwab 360 donor advised fund | $931,160 |
| Schwab DAFGIVING360 Carolyn Morton Sayward Fund DAF Lone Tree, CO | Transfer of securities from morton foundation to schwab 360 donor advised fund | $931,160 |
| Schwab DAFGIVING360 the CCMF Fund DAF Lone Tree, CO | Transfer of securities from morton foundation to schwab 360 donor advised fund | $930,499 |
| Museum of Art of Ogunquit Ogunquit, ME | General Support of Museum | $54,450 |
Ready to take the next step with The Morton Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $86,676 | $1,743,299 | $3,838,421 | $3,796,374 | 5 | $3,809,166 | $116,913 | $122,030 |
| 2024 | $1,836,896 | $66,862 | $35,368 | — | — | $8,517 | $50,199 | $107,343 |
| 2023 | $1,805,402 | $498,694 | $256,732 | $201,500 | 2 | $217,461 | $459,423 | $93,565 |
| 2022 | $1,647,156 | $229,362 | $474,534 | $420,000 | 2 | $434,256 | $189,084 | $107,258 |
| 2021 | $1,585,850 | $128,310 | $308,072 | $166,194 | 1 | — | $104,635 | — |
Under IRS private-foundation payout rules, The Morton Foundation Inc reported a distributable amount of $122K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Morton Foundation Inc is led by Carolyn M. Sayward, President & Director on every filing since 2023; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carolyn M. Sayward
President & Director
On filings since 2023
1 hr/week
No compensation reported
Christina Cm Whitaker
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Keith Whitaker
Treasurer & Director
On filings since 2023
1 hr/week
No compensation reported
Former officers (5)
- Former: A. Kathleen Hastings (2023–2024) — Director
- Former: A. Kathleen Hastings See Statement (2021–2022) — Director
- Former: Carolyn M. Sayward See Statement (2021–2022) — President & Director
- Former: Christina Cm Whitaker See Stat (2021–2022) — Director
- Former: Keith Whitaker See Statement (2021–2022) — Treasurer & Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Morton Foundation Inc
How much does The Morton Foundation Inc give each year?
The Morton Foundation Inc gave $3.8M across 5 grants in 2025, according to its 2025 IRS Form 990-PF.
What is The Morton Foundation Inc's typical grant size?
The Morton Foundation Inc's median grant in 2025 was $931,160, and its average grant was $759,275, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Morton Foundation Inc give grants?
The Morton Foundation Inc gives mostly in Colorado: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (25%). The most frequent recipient cities were Lone Tree, CO (3 grants).
Does The Morton Foundation Inc give general operating support?
Yes: 20% of The Morton Foundation Inc's 2025 grants with a stated purpose (1 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Morton Foundation Inc's largest grantees?
The Morton Foundation Inc's largest 2025 grantees include Fidelity Charitable Hedgie Fund ($949,105), Schwab DAFGIVING360 Khastings DAF ($931,160) and Schwab DAFGIVING360 Carolyn Morton Sayward Fund DAF ($931,160), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.
How large is The Morton Foundation Inc?
The Morton Foundation Inc reported $87K in total assets on its 2025 IRS Form 990-PF. It paid out $3.8M in qualifying distributions that year, against a required minimum of $122K (roughly 5% of its investment assets).
What is The Morton Foundation Inc?
The Morton Foundation Inc is a private foundation focused on Youth Development, based in Cape Neddick, ME. It holds $87K in total assets as of 2025.
What is The Morton Foundation Inc's EIN?
The Morton Foundation Inc's EIN (Employer Identification Number) is 04-3288386. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in The Morton Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Maine
Ogunquit Museum of American Art
Dallas, TX
Assets
$400K
Grants
1
Total Given
$19K
The Anthony and Susan Consigli Foundation
Wilmington, DE
The foundation’s grants support a varied mix of charitable organizations, including work in bereavement support, violence prevention, education, ecology, dance, and theatre. In 2024, it awarded 12 grants ranging from $5,000 to $400,000, with a median of $22,500; most funding went to Massachusetts, with grants also reaching Maine, New Hampshire, Pennsylvania, Michigan, and Virginia. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$24.9M
Grants
12
Total Given
$588K
The Paul & Harriet Weissman Family
White Plains, NY
The Paul & Harriet Weissman Family supports organizations in areas including health, education, food access, arts, and youth development, with most reported funding going to New York and Massachusetts. Its 2026 grants ranged from $1,000 to $169,560, with a median of $5,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$7.8M
Grants
32
Total Given
$596K
Davis Family Foundation
Yarmouth, ME
The Davis Family Foundation funds eligible 501(c)(3) organizations in education, health care, and arts and cultural activities, prioritizing Southern Maine and then the rest of Maine; projects elsewhere in New England must benefit Maine learners. Its 2024 grants ranged from $6,000 to $400,000, with a median of $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$100.5M
Grants
92
Total Given
$3.2M
Sherman Family Foundation
Baltimore, MD
The Sherman Family Foundation funds education, community and family services, arts and culture, public media, youth homelessness, and related causes, with most grants going to Maryland organizations. Its 2024 grants ranged from $500 to $2.9 million, with a median of $50,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$73.3M
Grants
118
Total Given
$19.0M
Seattle Foundation
Seattle, WA
Seattle Foundation supports community-led solutions, racial and economic equity, policy and systems change, and a broad range of community needs through donor-recommended and foundation-directed grants. Its 2024 median grant was $6,000, and its giving primarily serves Greater Seattle and Washington, with some grants made nationally and internationally.
Assets
$1.4B
Grants
5,379
Total Given
$177.9M
More similar funders
More Funders in Maine
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Morton Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Morton Foundation Inc down — hundreds of funders to go?