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Morton Grove Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363784596 ✦ Morton grove, IL ✦ Designated as a 501(c)(3)

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Overview

What is Morton Grove Foundation?

The Morton Grove Foundation is a local community-based organization situated in Morton Grove, Illinois. Its primary purpose is to extend financial support to various other charitable organizations. By providing grants, this foundation plays a significant role in contributing to the betterment of numerous causes within its community.

Is Morton Grove Foundation legitimate?

Morton Grove Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morton Grove Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Morton Grove Foundation?

The Morton Grove Foundation, based on its mission statement, is committed to offering financial aid to various charitable organizations. This community foundation aims to contribute to the cause of philanthropy by dispensing grants to eligible organizations. By doing so, it plays a significant role in supporting numerous charitable initiatives and promoting social welfare. The foundation's actions contribute to the betterment of communities and the lives of people in need.

What is the revenue of Morton Grove Foundation?

Morton Grove Foundation's revenue in 2024 was $10,741.

Who are the executives of Morton Grove Foundation and what are their salaries?

Here are 4 key members and their salaries:


Nicholas Marino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Kopczyk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jo Lebeau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Lebeau (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Morton Grove Foundation?

Morton Grove Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Morton Grove Foundation

The Morton Grove Foundation, as a community-focused organization, is dedicated to fulfilling its mission. This mission involves providing financial assistance to various charitable organizations. By offering grants, the Morton Grove Foundation plays a crucial role in supporting a multitude of causes that contribute to the betterment of communities. Its purpose is to serve as a catalyst for positive change, empowering other nonprofit organizations to carry out their own missions and make a difference in people's lives.

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Impact




October, 2024

The Morton Grove Foundation significantly enhances the local community by providing essential grants to various charitable organizations in Morton Grove, IL. Through its philanthropic efforts, the foundation supports a range of initiatives that address community needs, empower residents, and foster social well-being. By distributing funds to diverse projects and activities, the Morton Grove Foundation helps strengthen local nonprofits, facilitating their work in education, health, and the arts. This commitment to charitable giving not only enriches the lives of citizens in Morton Grove but also promotes a culture of giving and community engagement. The foundation's impact is evident in the improved resources, services, and opportunities available to residents, ultimately contributing to the overall development and vitality of the community.




This information is meant to be a general summary of Morton Grove Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,741 (2024)
Expenses
$5,846 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $10,741
  • Gross Receipts: $10,741

Assets and Liabilities:

  • Total Assets: $243,842
  • Total Liabilities: $0
  • Net Assets: $243,842

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Organization Details

Principal Officer

Nicholas Marino

NTEE Category

Code: T30 - Philanthropy

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