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Ralph H & Elizabeth C Norton Philanthropic Trust 31-36559-8 is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1945. The principal officer is % Bank Of America. It holds total assets of $10.8M. Annual income is reported at $1.7M. The foundation operates in the area of arts & culture. According to available records, Ralph H & Elizabeth C Norton Philanthropic Trust 31-36559-8 has made 6 grants totaling $2.5M, with a median grant of $406K. Annual giving has grown from $809K in 2022 to $1.7M in 2023. Individual grants have ranged from $84K to $760K, with an average award of $417K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.
Ralph H & Elizabeth C Norton Philanthropic Trust 31-36559-8 primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL, NY.
Ralph H & Elizabeth C Norton Philanthropic Trust 31-36559-8 has distributed a total of $2.5M across 6 grants. The median grant size is $406K, with an average of $417K. Individual grants have ranged from $84K to $760K.
Ralph H & Elizabeth C Norton Philanthropic Trust 31-36559-8 typically selects its grantees rather than accepting unsolicited proposals.
Ralph H & Elizabeth C Norton Philanthropic Trust 31-36559-8 is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $65K | $0 | $65K |
Total Giving
$747K
Total Assets
$11.2M
Fair Market Value
$15.5M
Net Worth
$11.2M
Grants Paid
$676K
Contributions
$0
Net Investment Income
$548K
Distribution Amount
$711K
Total Grants
6
Total Giving
$2.5M
Average Grant
$417K
Median Grant
$406K
Unique Recipients
2
Most Common Grant
$88K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norton Gallery & School Of ArtUNRESTRICTED GENERAL | W Palm Beach, FL | $760K | 2023 |
| Chautauqua InstitutionUNRESTRICTED GENERAL | New York, NY | $88K | 2023 |
| 2020 | 990PF | View |
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