The Norton Foundation Inc

LOUISVILLE, KY EIN: 61-6024040 Website

The Norton Foundation Inc is a family foundation incorporated in 1958 and based in Louisville, Kentucky. The foundation operates as a private grantmaking organization with a focus on improving quality of life and fostering a favorable business climate in its communities across North America.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.0M

-3.3% YoY

Annual Giving

$748K

-0.3% YoY

Grant Count

-18.9% YoY

Avg Grant Size

$25K

+23.0% YoY

Under IRS private-foundation payout rules, The Norton Foundation Inc reported a distributable amount of $744K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to contribute to the improvement of the quality of life and foster a favorable business climate in the company's communities in North America, consistent with and supportive of business objectives.

Grantmaking

The foundation's trustees evaluate all applications based on the following criteria:

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Geographic Focus

Where this funder awards grants

The foundation funds initiatives in North America, with a primary focus on its communities.

Grant Distribution by State

Kentucky $3.5M (97%)

Virginia $75K (2%)

Michigan $40K (1%)

Georgia $8K (0%)

States

Georgia Kentucky Michigan Virginia

Cities

AtlantaCharlottesvilleFairdaleGrandvilleLouisvilleNew Castle

Financial History

Multi-year comparison from IRS filings

Total Assets: $10,375,004

Total Annual Giving: $749,740

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,030,967	$10,375,004	$11,071,166
Revenue	$735,890	$475,487	$877,114
Expenses	$1,067,735	$1,046,444	$1,028,524
Qualifying Distributions	$871,945	$878,329	$807,958
Net Investment Income	$585,573	$149,835	$739,993
Distributable Amount	$744,300	$671,301	$740,895

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

174 grants across all recorded years

Open Grants

1 open opportunity from The Norton Foundation Inc

Foundation

Norton Foundation Grant

THE NORTON FOUNDATION INC

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Waldorf School of Louisville ($70,000), Berry Center Inc ($60,000), Dare to Care ($50,000).

Recipient	Purpose	Amount
21ST CENTURY PARKS INC LOUISVILLE, KY	GENERAL OPERATIONS	$10,000
300 FOR 300 GRANDVILLE, MI	GENERAL OPERATIONS	$20,000
ACTORS THEATRE OF LOUISVILLE INC LOUISVILLE, KY	GENERAL OPERATIONS	$10,000
AMERICANA COMMUNITY CENTER LOUISVILLE, KY	GENERAL OPERATIONS	$15,000
BERRY CENTER INC NEW CASTLE, KY	GENERAL OPERATIONS	$60,000
CABBAGE PATCH SETTLEMENT HOUSE INC LOUISVILLE, KY	GENERAL OPERATIONS	$10,000
CATHOLIC CHARITIES OF LOUISVILLE INC LOUISVILLE, KY	GENERAL OPERATIONS	$20,000
DARE TO CARE LOUISVILLE, KY	GENERAL OPERATIONS	$50,000
DREAMS WITH WINGS INC LOUISVILLE, KY	GENERAL OPERATIONS	$10,000
FOOD LITERACY PROJECT AT OXMOOR FARM LOUISVILLE, KY	GENERAL OPERATIONS	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JANE NEWTON	PRESIDENT	0.1	—
MEREDITH ERICKSON	EXECUTIVE DIRECTOR/SECRETARY	40	$77,487
MARGARET KEITH	VICE PRESIDENT	0.1	—
S BRANDON COAN	DIRECTOR	0.1	—

Contact Information

Address: PO Box 6262, Louisville, KY 40206-0262

Telephone: 502-893-9549

EIN: 61-6024040

Frequently Asked Questions

What does The Norton Foundation Inc fund?

How do I apply for a grant from The Norton Foundation Inc?

The foundation's trustees evaluate all applications based on the following criteria: • A clear indication of what difference the grant will make • Evidence of what other efforts are being made to solve the problem • Evidence on the causes of the current situation or need • Specific and concise information Applications fail for the following reasons: • The application was for medical or palliative care • Minor Capital Works Grants (for buildings and equipment) included other items • Insufficient…

Where does The Norton Foundation Inc make grants?

The foundation funds initiatives in North America, with a primary focus on its communities.

What size grants does The Norton Foundation Inc award?

In 2024, The Norton Foundation Inc awarded 30 grants totaling $748K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Norton Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Norton Foundation Inc reported a distributable amount of $744K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.