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Mark Morton Memorial Fund is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1972. The principal officer is Baker Tilly Virchow Krause L. It holds total assets of $13.5M. Annual income is reported at $6.4M. Total assets have decreased from $17.9M in 2011 to $13.5M in 2024. The foundation is governed by 4 officers and trustees. Benefit payments for assistance to the aged, blind or disabled who were employed by morton int'l, inc or morton salt co or their wholly owned subsidiaries before 07/01/71. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Illinois. According to available records, Mark Morton Memorial Fund has made 71 grants totaling $3.2M, with a median grant of $50K. Annual giving has decreased from $886K in 2020 to $551K in 2023. Grantmaking activity was highest in 2022 with $932K distributed across 20 grants. Individual grants have ranged from $4K to $100K, with an average award of $46K. The foundation has supported 55 unique organizations. Grants have been distributed to organizations in Illinois and Indiana and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$54K
Average Grant
$53K
Largest Grant
$100K
Based on 16 grants from the most recent 990-PF filing.
Benefit payments for assistance to the aged, blind or disabled who were employed by morton int'l, inc or morton salt co or their wholly owned subsidiaries before 07/01/71
Expenses: $58K
Benefit payments for hospital, medical, and surgical care to those who were employed by morton int'l, inc or morton salt co or their wholly owned subsidiaries before 07/01/71
Expenses: $43K
Net distribution to illinois charities in support of donee expenditure needs
Expenses: $831K
Benefit payments for assistance to the aged, blind or disabled who were employed by morton int'l, inc or morton salt co or their wholly owned subsidiaries before 07/01/71. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in IL, IN, FL.
Mark Morton Memorial Fund has distributed a total of $3.2M across 71 grants. The median grant size is $50K, with an average of $46K. Individual grants have ranged from $4K to $100K.
Illinois public charities.
Mark Morton Memorial Fund is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah K Severson | PRESIDENT | $30K | $0 | $30K |
| John Venhuizen | DIR/VICE PRES | $12K | $0 | $12K |
| Molly Galo | DIR/VICE PRES | $12K | $0 | $12K |
| Mary Kate Daly | DIR/VICE PRES | $12K | $0 | $12K |
Total Giving
N/A
Total Assets
$13.5M
Fair Market Value
N/A
Net Worth
$13.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
71
Total Giving
$3.2M
Average Grant
$46K
Median Grant
$50K
Unique Recipients
55
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wayside Cross MinistriesCHARITABLE | Aurora, IL | $75K | 2023 |
| North Lawndale Employment NetworkCHARITABLE | Chicago, IL | $60K | 2023 |
| Schedule Available Upon RequestAGED, BLIND & DIS ABLED | Chicago, IL | $59K | 2023 |
| The Outreach HouseCHARITABLE | Lombard, IL | $57K | 2023 |
| Cradles To Crayons ChicagoCHARITABLE | Chicago, IL | $51K | 2023 |
| Big Brothers Big Sister Of Metropolitan ChicagoCHARITABLE | Chicago, IL | $50K | 2023 |
| Christ The King Jesuit College PrepCHARITABLE | Chicago, IL | $50K | 2023 |
| Franciscan Outreach AssociationCHARITABLE | Chicago, IL | $50K | 2023 |
| Glen Ellyn Food PantryCHARITABLE | Glen Ellyn, IL | $46K | 2023 |
| Community Support ServicesCHARITABLE | Brookfield, IL | $21K | 2023 |
| Bethany Christian Services Of IllinoisCHARITABLE | Palos Heights, IL | $10K | 2023 |
| Association House Of ChicagoCHARITABLE | Chicago, IL | $85K | 2022 |
| Josephinum Academy Of The Sacred HeartCHARITABLE | Chicago, IL | $85K | 2022 |
| The Firehouse Community Art CenterCHARITABLE | Chicago, IL | $75K | 2022 |
| Will County Center For Community ConcernsCHARITABLE | Joliet, IL | $75K | 2022 |
| Stone Community Development CorporationCHARITABLE | Chicago, IL | $75K | 2022 |
| Stepping Stones Treatment CenterCHARITABLE | Joliet, IL | $60K | 2022 |
| Young Men'S Education NetworkCHARITABLE | Chicago, IL | $58K | 2022 |
| Naomi'S HouseCHARITABLE | Indianapolis, IN | $50K | 2022 |
| North Lawndale Athletic & Recreation AssociationCHARITABLE | Chicago, IL | $50K | 2022 |
| Greater Auburn-Gresham Development CorpCHARITABLE | Chicago, IL | $50K | 2022 |
| Heroin Epidemic Relief OrganizationCHARITABLE | Tinley Park, IL | $40K | 2022 |
| North Lawndale College PrepCHARITABLE | Chicago, IL | $34K | 2022 |
| Storycatchers TheatreCHARITABLE | Chicago, IL | $30K | 2022 |
| New Moms IncCHARITABLE | Chicago, IL | $25K | 2022 |
| Turning Point Autism FoundationCHARITABLE | Naperville, IL | $20K | 2022 |
| Second SenseCHARITABLE | Chicago, IL | $20K | 2022 |
| Midwest Sports AcademyCHARITABLE | West Chicago, IL | $10K | 2022 |
| Kids Above All (Fka Childserv)RETURNED PORTION OF 2018 UN-USED GRANT | Chicago, IL | N/A | 2022 |
| Housing ForwardCHARITABLE | Oak Park, IL | $100K | 2021 |
| Hesed HouseCHARITABLE | Aurora, IL | $100K | 2021 |
| Hephzibah Childrens AssociationCHARITABLE | Oak Park, IL | $75K | 2021 |
| Onward Neighborhood HouseCHARITABLE | Chicago, IL | $72K | 2021 |
| Fox Valley Christian ActionfvcaCHARITABLE | St Charles, IL | $60K | 2021 |
| Kids Above AllCHARITABLE | Chicago, IL | $50K | 2021 |
| Golden Apple FoundationCHARITABLE | Chicago, IL | $50K | 2021 |
| Helping Our People ExcelCHARITABLE | Fort Meade, FL | $50K | 2021 |
| Ravenswood Community ServicesCHARITABLE | Chicago, IL | $27K | 2021 |
| Misericordia HomeCHARITABLE | Chicago, IL | $25K | 2021 |
| Beds Plus CareCHARITABLE | La Grange, IL | $75K | 2020 |
| Breakthrough Urban MinistriesCHARITABLE | Chicago, IL | $75K | 2020 |