The Norton Foundation
- Assets
- $0.0
- Revenue
- $1.1m
- Investments
- $13.3m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 11/1996
- Data as of
- 12/2020
- EIN
- 86-0836442
Organization Overview
The Norton Foundation is located in Scottsdale, AZ. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton 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 12/2020, Norton Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 57.5% each year . All expenses for the organization totaled $1.6m during the year ending 12/2020. While expenses have increased by 55.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Norton Foundation has awarded 64 individual grants totaling $2,723,235. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
"NONE" THE NORTON FOUNDATION SUPPORTS ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3) DEDICATED TO HELPING MEET CHARITABLE, EDUCATIONAL AND SCIENTIFIC NEEDS OF THE PHOENIX AREA, STATE OF ARIZONA, WESTERN UNITED STATES AND UNITED STATES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doris S Norton Dir/sec | 1 | $0 | |
John P Norton Director | 1 | $0 | |
Michael R Norton Director | 1 | $0 | |
Roger L Stevenson Pres/treas | 5 | $0 | |
Melanie M Norton Director | 1 | $0 | |
Cheryl Oliver Ass't Treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,603 |
| Dividends & Interest | $138,631 |
| Profit on Inventory Sales | $0 |
| Other Income | -$31,012 |
| Total Revenue | $1,139,276 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $855,335 |
| Contributions, gifts, grants paid | $778,500 |
| Total expenses and disbursements | $1,633,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $220,850 |
| Other assets | $507,145 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Norton Foundation has awarded $1,829,735 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: OPERATING | $164,735 |
ST MARY'S FOOD BANK PURPOSE: OPERATING | $150,000 |
Phoenix, AZ PURPOSE: OPERATING | $120,000 |
Mesa, AZ PURPOSE: OPERATING | $110,000 |
Phoenix, AZ PURPOSE: OPERATING | $110,000 |
Phoenix, AZ PURPOSE: OPERATING | $110,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |