THE MORTON FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE MORTON FOUNDATION (EIN 13-6107817)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-13
IRS object ID
201243189349100929
Schema version
2011v1.2
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)
Timestamp2012-11-13T13:25:37-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

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 Date2011-01-01TaxPeriodBeginDate

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 Signed2012-10-26DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameJOHNPAUL CROCENZIName
PTINP00969649PTIN
Phone2129444433Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY289783FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss110377ContriReceivedRevAndExpnss
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses110377TotalRevenueAndExpenses
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 Expnss2716InterestRevAndExpnss
Interest Net Invst Incm2716InterestNetInvstIncm
Interest Adj Net Incm0InterestAdjNetIncm
Interest Dsbrs Chrtbl Prps0InterestDsbrsChrtblPrps
Other Expenses Rev And Expnss316OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm158OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm0OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps158OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss3032TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm2874TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps158TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss21521ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps21521ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss24553TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm2874TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps21679TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses85824ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY1907CashBOY
Cash EOY1125CashEOY
Cash EOYFMV1125CashEOYFMV
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 EOY3959473InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV288656InvestmentsCorpStockEOYFMV
Total Assets BOY3961382TotalAssetsBOY
Total Assets EOY3960600TotalAssetsEOY
Total Assets EOYFMV289783TotalAssetsEOYFMV
Accounts Payable BOY11300AccountsPayableBOY
Accounts Payable EOY11300AccountsPayableEOY
Mortgages And Notes Payable BOY86606MortgagesAndNotesPayableBOY
Total Liabilities BOY97906TotalLiabilitiesBOY
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 BOY3863476RetainedEarningsBOY
Retained Earnings EOY3949300RetainedEarningsEOY
Total Net Assets BOY3863476TotalNetAssetsBOY
Total Net Assets EOY3949300TotalNetAssetsEOY
Total Liabilities Net Assets BOY3961382TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY3960600TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY3863476TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses85824ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal3949300Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY3949300TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1130305QualifyingDistributionsYear1
Noncharitable Assets Year1653050NoncharitableAssetsYear1
Distribution Ratio Year10.199533DistributionRatioYear1
Qualifying Distributions Year294377QualifyingDistributionsYear2
Noncharitable Assets Year2655286NoncharitableAssetsYear2
Distribution Ratio Year20.144024DistributionRatioYear2
Qualifying Distributions Year362991QualifyingDistributionsYear3
Noncharitable Assets Year31184594NoncharitableAssetsYear3
Distribution Ratio Year30.053175DistributionRatioYear3
Qualifying Distributions Year4310258QualifyingDistributionsYear4
Noncharitable Assets Year42143275NoncharitableAssetsYear4
Distribution Ratio Year40.144759DistributionRatioYear4
Qualifying Distributions Year5197353QualifyingDistributionsYear5
Noncharitable Assets Year52104320NoncharitableAssetsYear5
Distribution Ratio Year50.093785DistributionRatioYear5
Total Distribution Ratio0.635276TotalDistributionRatio
Average Distribution Ratio0.127055AverageDistributionRatio
Net Noncharitable Assets448657NetNoncharitableAssets
Adjusted Noncharitable Assets57004AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One57004AdjNonchrtblAssetsAndOnePct
Qualifying Distributions21679QualifyingDistributions

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 Securities453731AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances1758AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets455489TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets455489AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable6832CashDeemedCharitable
Net Noncharitable Assets448657NetNoncharitableAssets
Minimum Investment Return22433MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return22433MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj22433DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded22433DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted22433DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions21679ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions21679QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions21679AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted22433DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year592137ExcessDistriCarryoverYear5
Excess Distri Carryover Year4321538ExcessDistriCarryoverYear4
Excess Distri Carryover Year362991ExcessDistriCarryoverYear3
Excess Distri Carryover Year294377ExcessDistriCarryoverYear2
Excess Distri Carryover Year165382ExcessDistriCarryoverYear1
Total Excess Distri Carryover636425TotalExcessDistriCarryover
Qualifying Distributions21679QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year21679AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus754ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY754ExcessDistriCyovAppliedCY
Total Corpus635671TotalCorpus
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 Year591383ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year544288ExcessDistriCyovToNextYear
Excess From Year4321538ExcessFromYear4
Excess From Year362991ExcessFromYear3
Excess From Year294377ExcessFromYear2
Excess From Year165382ExcessFromYear1

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ALEPH SOCIETY
25 WEST 45TH ST SUITE 1405NEW YORKNY10036NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$1,000
INSTITITE FOR EDUCATION
4410 MASSACHUSETTS AVEWASINGTON DCDC20016NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$5,000
POLICE ATHLETIC LEAGUE
658 WEST INDIANTOWN RD SUITE 201JUPITERFL33458NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$1,000
MESIVTA YESHIVA RABBI CHAIM BERLIN
1544 CONEY ISLAND AVENUEBROOKLYNNY11230NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$7,200
NEW YORK'S FINEST FOUNDATION
708 3RD AVENUENEW YORKNY10017NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$3,000
OUR PLACE
1815 AVE MBROOKLYNNY11230NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$1,000
PROJECT INSPIRE
1407 BROADWAY SUITE 1703ANEW YORKNY10018NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$950
MISCELLANEOUS CHARITIES 500 OR LESS
VARIOUSVARIOUSNY10005NONEPUBLIC CHARITYCHARITABLE CONTRIBUTION$2,371
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year21521TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA0TotalPartXVIA

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 Contributions110377AggregateContributions
Person Contribution TypeXPersonContributionType

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (4 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
30,000 SHARES OF BIOLIFE SOLUTIONS INC29437501500
2,800 SHARES OF CLEARSTORY SYSTEMS INC1888263
124,738 SHARES OF ENZO BIOCHEM ACQUISITION807517279413
2,000 SHARES OF HMG COURTLAND193807740

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionBANK CHARGESDescription
Revenue And Expenses Per Books316RevenueAndExpensesPerBooks
Net Investment Income158NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps158DisbursementsCharitablePrps

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