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Nonprofit · EIN 86-0836442

THE NORTON FOUNDATION

Tax-exempt · GLENDALE, AZ 85308

Financials

$9.9M$1.6M2023$15.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of THE NORTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$15,617,329$1,701,622$13,915,707$43,912,054$53,206$43,858,848
December 31, 2023990-PF$9,939,533$1,562,607$8,376,926$30,190,944$0$30,190,944
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,523,918
Dividends
$642,068
Interest
$79,887
Net gain from sales of assets
$292,305
Other income
$79,151

Expenses

Grants and similar amounts paid
$1,485,170
Disbursements for charitable purposes
$1,491,470
Excise tax on investment income
$9,161

Balance sheet and other

Total assets, start of year
$30,190,944
Total assets, end of year
$43,912,054
Total liabilities, end of year
$53,206
Net assets, end of year
$43,858,848
Fair market value of assets
$50,960,061
Qualifying distributions
$1,491,470
Net investment income
$869,246

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL R NORTON
19420 N 59TH AVENUE SUITE B235, GLENDALE, AZ 85308
CO-CHAIRMAN1$0
JOHN P NORTON
19420 N 59TH AVENUE SUITE B235, GLENDALE, AZ 85308
CO-CHAIRMAN1$0
MELANIE M NORTON
19420 N 59TH AVENUE SUITE B235, GLENDALE, AZ 85308
SECRETARY1$0
CHERYL OLIVER
19420 N 59TH AVENUE SUITE B235, GLENDALE, AZ 85308
PRES/TREAS5$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MICHAEL R NORTON
4835 E CACTUS RD STE 115, SCOTTSDALE, AZ 85254
CO-CHAIRMAN1$0
JOHN P NORTON
22203 NE 128TH CIRCLE, BRUSH PRARIE, WA 98606
CO-CHAIRMAN1$0
MELANIE M NORTON
4835 E CACTUS RD STE 115, SCOTTSDALE, AZ 85254
SECRETARY (FROM AUG 2023)1$0
ROGER L STEVENSON
4835 E CACTUS RD STE 115, SCOTTSDALE, AZ 85254
PRES/TREAS (THRU JUL 2023)5$0
CHERYL OLIVER
4835 E CACTUS RD STE 115, SCOTTSDALE, AZ 85254
PRES/TREAS (FROM AUG 2023)5$0

Address and contacts

Address (IRS master file)
19420 N 59TH AVE STE B235, GLENDALE, AZ 85308-6887
In care of
% JOHN R NORTON III
Signed the 990-PF
CHERYL OLIVER, PRES/TREAS
Phone
(602) 954-8812
Return prepared by
PRICE KONG & CO CPAS PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
86-0836442
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$43,912,054
Income (IRS master file)
$29,868,642

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$15,617,329$1,701,622$43,912,054XML
990-TDecember 2024–––IRS
990-PFDecember 2023$9,939,533$1,562,607$30,190,944XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-0836442).

Questions about THE NORTON FOUNDATION

What is the EIN of THE NORTON FOUNDATION?
The employer identification number (EIN) of THE NORTON FOUNDATION is 86-0836442.
Is THE NORTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to THE NORTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE NORTON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE NORTON FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE NORTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE NORTON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does THE NORTON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $15,617,329, expenses of $1,701,622 and total assets of $43,912,054 at year end.

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