THE MORTON FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
THE MORTON FOUNDATION (EIN 13-6107817)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-13
IRS object ID
201313179349100821
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-13T13:51:26-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN112336434EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RAICH ENDE MALTER & CO LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11375 BROADWAYAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN136107817EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE MORTON FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMORTNameControl
Phone2124954500Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line144 WALL ST NO 2ND FLAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10005ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMORTY DAVISName
TitlePRESIDENTTitle
Phone2124954500Phone
Date Signed2013-11-08DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameJOHNPAUL CROCENZIName
PTINP00969649PTIN
Phone2129444433Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY351377FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss9600ContriReceivedRevAndExpnss
Net Gain Sale Assets Rev And Expnss-7880NetGainSaleAssetsRevAndExpnss
Gross Sales Price11500GrossSalesPrice
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses1720TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Total Adjusted Net Income0TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Interest Rev And Expnss2InterestRevAndExpnss
Interest Net Invst Incm2InterestNetInvstIncm
Interest Adj Net Incm0InterestAdjNetIncm
Interest Dsbrs Chrtbl Prps0InterestDsbrsChrtblPrps
Other Expenses Rev And Expnss5012OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm2507OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm0OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps2505OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss5014TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm2509TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps2505TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss12854ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps12854ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss17868TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm2509TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps15359TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-16148ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY1125CashBOY
Cash EOY4357CashEOY
Cash EOYFMV4357CashEOYFMV
Savings And Temp Cash Invst BOY2SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY2SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV2SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY3959473InvestmentsCorpStockBOY
Investments Corp Stock EOY3940093InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV347018InvestmentsCorpStockEOYFMV
Total Assets BOY3960600TotalAssetsBOY
Total Assets EOY3944452TotalAssetsEOY
Total Assets EOYFMV351377TotalAssetsEOYFMV
Accounts Payable BOY11300AccountsPayableBOY
Accounts Payable EOY11300AccountsPayableEOY
Total Liabilities BOY11300TotalLiabilitiesBOY
Total Liabilities EOY11300TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY3949300RetainedEarningsBOY
Retained Earnings EOY3933152RetainedEarningsEOY
Total Net Assets BOY3949300TotalNetAssetsBOY
Total Net Assets EOY3933152TotalNetAssetsEOY
Total Liabilities Net Assets BOY3960600TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY3944452TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY3949300TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-16148ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal3933152Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY3933152TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of Asset2,000 SHS OF HMG COURTLANDDescriptionOfAsset
Date Acquired2004-02-23DateAcquired
Date Sold2012-11-26DateSold
Gross Sales Price11500GrossSalesPrice
Cost Or Other Basis19380CostOrOtherBasis
Gain Or Loss-7880GainOrLoss
Gains Minus Excess Or Losses-7880GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income-7880CapitalGainNetIncome
Net Short Term Capital Gain Or Loss0NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year121679QualifyingDistributionsYear1
Noncharitable Assets Year1448657NoncharitableAssetsYear1
Distribution Ratio Year10.048320DistributionRatioYear1
Qualifying Distributions Year2130305QualifyingDistributionsYear2
Noncharitable Assets Year2653050NoncharitableAssetsYear2
Distribution Ratio Year20.199533DistributionRatioYear2
Qualifying Distributions Year394377QualifyingDistributionsYear3
Noncharitable Assets Year3655286NoncharitableAssetsYear3
Distribution Ratio Year30.144024DistributionRatioYear3
Qualifying Distributions Year462991QualifyingDistributionsYear4
Noncharitable Assets Year41184594NoncharitableAssetsYear4
Distribution Ratio Year40.053175DistributionRatioYear4
Qualifying Distributions Year5310258QualifyingDistributionsYear5
Noncharitable Assets Year52143275NoncharitableAssetsYear5
Distribution Ratio Year50.144759DistributionRatioYear5
Total Distribution Ratio0.589811TotalDistributionRatio
Average Distribution Ratio0.117962AverageDistributionRatio
Net Noncharitable Assets292848NetNoncharitableAssets
Adjusted Noncharitable Assets34545AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One34545AdjNonchrtblAssetsAndOnePct
Qualifying Distributions15359QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameTHE MORTON FOUNDATIONBooksInCareOfPersonName
Books In Care Of Phone Number2124954500BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line144 WALL STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10005ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
ESTHER STAHLER
17 BEECHWOOD DRLAWRENCENY11559TREASURER/DIRECTOR1.00000
ROSALIND DAVIDOWITZ
7 SUTTON PLLAWRENCENY11559PRESIDENT/DIRECTOR2.00000
RUKI RENOV
9 BEECHWOOD DRLAWRENCENY11559SECRETARY/DIRECTOR1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1THE FOUNDATION DISBURSES CONTRIBIUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS, PRIMARILY FOCUSING WITHIN THE JEWISH COMMUNITYDescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities294917AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances2391AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets297308TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets297308AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4460CashDeemedCharitable
Net Noncharitable Assets292848NetNoncharitableAssets
Minimum Investment Return14642MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return14642MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj14642DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded14642DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted14642DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions15359ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions15359QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions15359AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted14642DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5321538ExcessDistriCarryoverYear5
Excess Distri Carryover Year462991ExcessDistriCarryoverYear4
Excess Distri Carryover Year394377ExcessDistriCarryoverYear3
Excess Distri Carryover Year265382ExcessDistriCarryoverYear2
Total Excess Distri Carryover544288TotalExcessDistriCarryover
Qualifying Distributions15359QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year14642AppliedToCurrentYear
Remaining Distri From Corpus717RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus545005TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5321538ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year223467ExcessDistriCyovToNextYear
Excess From Year462991ExcessFromYear4
Excess From Year394377ExcessFromYear3
Excess From Year265382ExcessFromYear2
Excess From Current Year717ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
MESIVTA YESHIVA RABBI CHAIM BERLIN
1544 CONEY ISLAND AVENUEBROOKLYNNY11230NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$7,200
MISCELLANEOUS CHARITIES 500 OR LESS
VARIOUSVARIOUSNY10005NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$1,654
POLICE ATHLETIC LEAGUE
658 WEST INDIANTOWN RD SUITE 201JUPITERFL33458NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$1,000
AMERICAN JEWISH CONGRESS
115 EAST 57TH STREET SUITE 11NEW YORKNY10022NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$2,000
BREM FOUNDATION
PO BOX 1891PRINCE FREDERICKMD20678NONEPUBLIC CHARITYCHARITABLE CONTRIBUION$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year12854TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion-$7,880ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion-$7,880ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA-7880TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

FieldValueIRS element (for citing)
Line Number1LineNumber
Relationship StatementN/ARelationshipStatement

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualJOSEPH M AND ROSALIND DAVIDOWITZContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line17 SUTTON PLACE SOUTHAddressLine1
CityLAWRENCECity
StateNYState
ZIP Code11559ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions9600AggregateContributions
Person Contribution TypeXPersonContributionType

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (5 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
30,000 SHARES OF BIOLIFE SOLUTIONS INC294375010200
2,800 SHARES OF CLEARSTORY SYSTEMS INC1888263
124,738 SHARES OF ENZO BIOCHEM ACQUISITION807517336793
2,000 SHARES OF HMG COURTLAND00
105 SHS VAPOR CORP022

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES2871440143
FILING FEES10050050
ACCOUNTING FEES4625231302312

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