Morningstar Foundation Exempt Chari
Morningstar Foundation Exempt Chari is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 12 grants totaling $59K. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16K
-2.0% YoY
Annual Giving
$59K
-42.1% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$5K
-51.8% YoY
Under IRS private-foundation payout rules, Morningstar Foundation Exempt Chari reported a distributable amount of $772 for 2024 — the minimum it must pay out in qualifying distributions.
About Morningstar Foundation Exempt Chari
Based on IRS filings
Morningstar Foundation Exempt Chari is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 12 grants totaling $59K. Net investment income was $1.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,517 | $15,840 | $64,556 |
| Revenue | $59,225 | $53,830 | $86,608 |
| Expenses | $59,548 | $102,546 | $90,835 |
| Qualifying Distributions | $59,548 | $102,751 | $90,835 |
| Net Investment Income | $1 | — | — |
| Distributable Amount | $772 | $1,980 | $3,379 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($22,913), Kollel Nezikin Inc ($6,400), Yeshivah Chayei Olam ($5,700).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS MONSEY, NY | CHARITABLE | $22,913 |
| ABIREY LEV FALSBURG, NY | CHARITABLE | $1,000 |
| BAIS MEDRASH L'TORAH MONSEY, NY | CHARITABLE | $5,100 |
| YESHIVA OHEL TORAH MONSEY, NY | CHARITABLE | $2,450 |
| BAIS MEDRASH GOVOHA LAKEWOOD, NJ | CHARITABLE | $4,000 |
| YESHIVAH CHAYEI OLAM SPRING VALLEY, NY | CHARITABLE | $5,700 |
| KOLLEL NEZIKIN INC LAKEWOOD, NJ | CHARITABLE | $6,400 |
| YESHIVA SHAAREI TORAH SUFFERN, NY | CHARITABLE | $5,420 |
| YESHIVA GEEDOLA OF PASSAIC PASSAIC, NJ | CHARITABLE | $1,000 |
| YESHIVA GEDOLAH OF ELKINS PARK ELKINS PARK, PA | CHARITABLE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE MORGENSTERN | Trustee | 2 | — |
| SHLOMIE MORGENSTERN | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Morningstar Foundation Exempt Chari?
Morningstar Foundation Exempt Chari is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. It holds $16K in total assets as of 2024.
How large is Morningstar Foundation Exempt Chari?
As of 2024, Morningstar Foundation Exempt Chari holds $16K in total assets with $59K in annual revenue. It awarded 12 grants totaling $59K in 2024.
Where does Morningstar Foundation Exempt Chari operate?
Morningstar Foundation Exempt Chari has awarded grants in New Jersey, New York, Pennsylvania.
What size grants does Morningstar Foundation Exempt Chari award?
In 2024, Morningstar Foundation Exempt Chari awarded 12 grants totaling $59K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Morningstar Foundation Exempt Chari required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Morningstar Foundation Exempt Chari reported a distributable amount of $772 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morningstar Foundation Exempt Chari's EIN?
Morningstar Foundation Exempt Chari's EIN (Employer Identification Number) is 13-7049647. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morningstar Foundation Exempt Chari's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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