Skip to content
Nonprofiteer
← MORTON COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by MORTON COMMUNITY FOUNDATION.

Totals

Total revenue
$4,022,580
Total expenses
$788,106
Contributions and grants received
$3,326,498
Grants paid
$508,614
Program service revenue
$2,596
Investment income
$667,185
Other revenue
$26,301
Total assets, end of year
$19,378,493
Total liabilities, end of year
$2,110,096
Net assets or fund balances, end of year
$17,268,397
Program services expenses (Part IX)
$604,840
Management and general expenses
$148,769
Fundraising expenses
$34,497
Program service expenses (Part III)
$604,840

Program services were 76.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $100

  • 1f · All other contributions, gifts and grants

    $3,326,398

  • 1g · Noncash contributions included above

    $121,840

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $1,829 · related or exempt $1,829

  • 2b · Program service revenue: MANAGEMENT FEES

    total $767 · related or exempt $767

  • 3 · Investment income

    total $501,335 · excluded $501,335

  • 7a · Gross sales of assets other than inventory

    securities $1,329,080

  • 7b · Less cost or other basis and sales expenses

    securities $1,163,230

  • 7c · Gain or loss

    securities $165,850

  • 7d · Net gain or loss

    total $165,850 · excluded $165,850

  • 8a · Fundraising events: gross income

    $77,044

  • 8a · Fundraising events: contributions included on line 1c

    $100

  • 8b · Fundraising events: direct expenses

    $50,743

  • 8c · Net income from fundraising events

    total $26,301 · excluded $26,301

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $465,664 · program services $465,664

  • 2 · Grants to domestic individuals

    total $42,950 · program services $42,950

  • 5 · Compensation of officers, directors and key employees

    total $133,527 · program services $35,186 · management and general $82,101 · fundraising $16,240

  • 7 · Other salaries and wages

    total $30,328 · program services $7,992 · management and general $18,647 · fundraising $3,689

  • 9 · Other employee benefits

    total $1,460 · program services $385 · management and general $898 · fundraising $177

  • 10 · Payroll taxes

    total $12,263 · program services $3,231 · management and general $7,541 · fundraising $1,491

  • 11c · Fees: accounting

    total $6,265 · program services $627 · management and general $5,011 · fundraising $627

  • 11f · Fees: investment management

    total $42,537 · program services $42,537

  • 13 · Office expenses

    total $4,433 · program services $887 · management and general $1,773 · fundraising $1,773

  • 14 · Information technology

    total $5,353 · program services $535 · management and general $4,283 · fundraising $535

  • 16 · Occupancy

    total $16,252 · program services $3,250 · management and general $6,502 · fundraising $6,500

  • 19 · Conferences, conventions and meetings

    total $4,752 · program services $475 · management and general $3,802 · fundraising $475

  • 22 · Depreciation, depletion and amortization

    total $8,303 · management and general $8,303

  • 23 · Insurance

    total $3,193 · program services $639 · management and general $1,277 · fundraising $1,277

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $2,383 · program services $238 · management and general $1,907 · fundraising $238

  • 24b · Other expenses: PRINTING & POSTAGE

    total $1,221 · program services $244 · management and general $489 · fundraising $488

  • 24c · Other expenses: PROGRAM EXPENSE

    total $987 · fundraising $987

  • 24e · All other expenses

    total $6,235 · management and general $6,235

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,641,458 · end of year $682,762

  • 2 · Savings and temporary cash investments

    beginning of year $13,231,697 · end of year $1,550,327

  • 4 · Accounts receivable

    beginning of year $10,814 · end of year $8,089

  • 10a · Land, buildings and equipment: cost or other basis

    $97,725

  • 10b · Land, buildings and equipment: accumulated depreciation

    $47,031

  • 10c · Land, buildings and equipment, net

    beginning of year $58,998 · end of year $50,694

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $16,889,905

  • 15 · Other assets

    beginning of year $206,328 · end of year $196,716

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,490 · end of year $31,982

  • 18 · Grants payable

    beginning of year $97,021 · end of year $113,761

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $1,767,020

  • 25 · Other liabilities

    beginning of year $460,328 · end of year $197,333

  • 27 · Net assets without donor restrictions

    beginning of year $3,578,551 · end of year $2,633,216

  • 28 · Net assets with donor restrictions

    beginning of year $11,007,905 · end of year $14,635,181

Mission and programs · 2024

Mission

THE MISSION OF THE MORTON COMMUNITY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE FOR MORTON AREA RESIDENTS, NOW AND FOR GENERATIONS TO COME. WE DO THIS BY: BUILDING COMMUNITY ENDOWMENT, INVESTING IN OUR COMMUNITY THROUGH STRATEGIC GRANT MAKING, TURNING DONORS' CHARITABLE DREAMS INTO PERMANENT LEGACIES, AND PROVIDING LEADERSHIP TO IDENTIFY AND ADDRESS CHANGING COMMUNITY NEEDS.

  • THROUGH ITS COMPETITIVE COMMUNITY GRANTS PROGRAM AND DONOR-ADVISED, DESIGNATED, AND FIELD-OF-INTEREST FUNDS, THE MORTON COMMUNITY FOUNDATION CONNECTS CHARITABLE CAPITAL WITH LOCAL OPPORTUNITIES THAT STRENGTHEN EDUCATION, ENHANCE PUBLIC SPACES, SUPPORT VULNERABLE POPULATIONS, AND IMPROVE OVERALL QUALITY OF LIFE IN THE MORTON AREA. EACH YEAR, THE FOUNDATION PARTNERS WITH GENEROUS DONORS TO AWARD MEANINGFUL GRANTS TO NONPROFIT ORGANIZATIONS, SCHOOLS, AND COMMUNITY INITIATIVES ADDRESSING CURRENT AND EMERGING NEEDS. BY LEVERAGING ENDOWED FUNDS, DONOR RECOMMENDATIONS, AND MATCHING OPPORTUNITIES, MCF ENSURES THAT CHARITABLE GIFTS ARE INVESTED WISELY AND DISTRIBUTED STRATEGICALLY TO CREATE LASTING, MEASURABLE IMPACT FOR GENERATIONS TO COME.

    Expenses $561,890 · Grants $465,664 · Revenue $2,596

  • THE MORTON COMMUNITY FOUNDATION ADMINISTERS A GROWING NUMBER OF SCHOLARSHIP FUNDS ESTABLISHED BY INDIVIDUALS, FAMILIES, CIVIC GROUPS, AND LOCAL BUSINESSES WHO ARE PASSIONATE ABOUT INVESTING IN THE NEXT GENERATION. THESE SCHOLARSHIPS PROVIDE FINANCIAL ASSISTANCE TO STUDENTS PURSUING HIGHER EDUCATION, VOCATIONAL TRAINING, AND CAREER PATHWAYS IN FIELDS SUCH AS HEALTHCARE, EDUCATION, ENGINEERING, AGRICULTURE, AND THE SKILLED TRADES. BY HONORING DONOR INTENT AND CELEBRATING THE LEGACIES BEHIND EACH FUND, MCF HELPS MAKE POST-SECONDARY EDUCATION MORE ACCESSIBLE WHILE STRENGTHENING THE FUTURE WORKFORCE AND LEADERSHIP OF OUR COMMUNITY.

    Expenses $42,950 · Grants $42,950

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SCOTT WITZIG

    EXECUTIVE DIRECTOR

    Total calculated
    $128,069
    From this org
    $124,520
    From related orgs
    $0
    Other
    $3,549
    Hours/week
    45

  • ALI KLOPFENSTEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ALISSA WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRIS RAJKUMAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DEJAN MAKSIMOVIC

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EMMA SANFORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY KING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFF MUNIZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOE SANDER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JUSTIN SIDNEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAURA LUGINBUHL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TIM GRYL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STACY LITERSKY

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • DAN MEMINGER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • BARB GETZ

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • CINDY HONEGGER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • KIRK BODE

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
25 February 2026
IRS schema version
2024v5.5
Source object
202640589349301304

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.