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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$87K
-95.3% YoY
Annual Giving
$3.8M
Grant Count
5
Avg Grant Size
$759K
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.
About The Morton Foundation Inc
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $86,676 | $1,836,896 | $1,805,402 |
| Revenue | $1,743,299 | $66,862 | $498,694 |
| Expenses | $3,838,421 | $35,368 | $256,732 |
| Qualifying Distributions | $3,809,166 | $8,517 | $217,461 |
| Net Investment Income | $116,913 | $50,199 | $459,423 |
| Distributable Amount | $122,030 | $107,343 | $93,565 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Fidelity Charitable Hedgie Fund ($949,105), Schwab Dafgiving360 Khastings Daf ($931,160), Schwab Dafgiving360 Carolyn Morton Sayward Fund Daf ($931,160).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSEUM OF ART OF OGUNQUIT OGUNQUIT, ME | GENERAL SUPPORT OF MUSEUM | $54,450 |
| 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 THE CCMF FUND DAF LONE TREE, CO | TRANSFER OF SECURITIES FROM MORTON FOUNDATION TO SCHWAB 360 DONOR ADVISED FUND | $930,499 |
| SCHWAB DAFGIVING360 CAROLYN MORTON SAYWARD FUND DAF LONE TREE, CO | TRANSFER OF SECURITIES FROM MORTON FOUNDATION TO SCHWAB 360 DONOR ADVISED FUND | $931,160 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLYN M SAYWARD | PRESIDENT, DIRECTOR | 1 | — |
| CHRISTINA CM WHITAKER | DIRECTOR | 0.5 | — |
| KEITH WHITAKER | TREASURER, DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is The Morton Foundation Inc?
As of 2025, The Morton Foundation Inc holds $87K in total assets with $1.7M in annual revenue. It awarded 5 grants totaling $3.8M in 2025.
Where does The Morton Foundation Inc operate?
The Morton Foundation Inc has awarded grants in Colorado, Massachusetts, Maine, Ohio.
What size grants does The Morton Foundation Inc award?
In 2025, The Morton Foundation Inc awarded 5 grants totaling $3.8M — an average of about $759K per grant, based on its IRS Form 990 filings.
How much is The Morton Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Morton Foundation Inc reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Morton Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.