Norton Family Foundation
- Assets
- $2.1m
- Revenue
- $124.4k
- Investments
- $2.1m
- Employees
- 0
- Location
- Barrington, IL
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2570729
Organization Overview
Norton Family Foundation is located in Barrington, IL. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Norton Family Foundation generated $124.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.3%) each year.
Since 2020, Norton Family Foundation has awarded 58 individual grants totaling $313,672. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH DONATIONS TO VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Norton President/director | 1 | $0 | |
Simone A Norton Director | 1 | $0 | |
Jonathan T Norton Director | 1 | $0 | |
Travis A Norton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $28,391 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,953 |
| Capital Gain Net Income | $95,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $124,387 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,080 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,727 |
| Contributions, gifts, grants paid | $120,400 |
| Total expenses and disbursements | $142,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,107 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $569,565 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,112,345 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Norton Family Foundation has awarded $120,400 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
DRESSEMBER PURPOSE: TO PROVIDE ASSISTANCE TO A COMMUNITY OF INTERNATIONAL ADVOCATES UTILIZING FASHION AND CREATIVITY TO HELP END HUMAN TRAFFICKING. | $1,000 |
LET IT BE US PURPOSE: TO PROVIDE ASSISTANCE FOR CHANGING THE LANDSCAPE OF FOSTER CARE AND ADOPTION IN ILLINOIS OUR MISSION IS TO INSPIRE FOSTER CARE AND ADOPTION. FUNDS RAISED WILL GO TO PROGRAMS THAT BUILD THE STRONG AND INNOVATIVE BRIDGE BETWEEN OUR WAITING CHILDREN AND FOSTER AND ADOPTIVE PARENTS. | $5,000 |
NUEROBLANCE PURPOSE: TO PROVIDE ASSISTANCE FOR HELPING PEOPLE CONTEND WITH CONDITIONS THAT AFFECT THEIR MOBILITY, BALANCE, STRENGTH, GAIT, COORDINATION AND SPEECH. PARTICIPANTS COME TO US BECAUSE A DIAGNOSIS HAS CHANGED WHAT DAILY LIFE LOOKS LIKE. THEIR INDEPENDENCE IS BEING THREATENED BY A MEDICAL CONDITION. MOST ARE LIVING WITH CHRONIC, PROGRESSIVE DISORDERS THAT IMPACT MOBILITY AND MOVEMENT. THESE CONDITIONS INCLUDE MULTIPLE SCLEROSIS, PARKINSON'S DISEASE AND OTHER NEUROMUSCULAR AND AUTOIMMUNE DISEASES. | $3,000 |
PAWS CHICAGO PURPOSE: TO PROVIDE ASSISTANCE TO BUILD NO KILL COMMUNITIES, END THE OVERPOPULATION OF HOMELSS ANIMALS AND TRANSFORM ANIMAL WELFARE. | $100 |
PERFORMANCE EXCELLENCE FOUNDATION PURPOSE: TO PROVIDE ASSISTANCE TO SUPPORT ORGANIZATIONAL PERFORMANCE EXCELLENCE IN THE US AND THROUGHOUT THE WORLD. | $100,000 |
SAINT ANNE CATHOLIC CHURCH PURPOSE: TO PROVIDE ASSISTANCE TO SUPPORT THE CATHOLIC COMMUNITY. | $1,000 |