Morningstar Foundation

SKOKIE, IL EIN: 36-3926901

Morningstar Foundation is a nonprofit organization focused on Housing & Shelter, based in SKOKIE, IL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 2 grants totaling $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$26K

+133.9% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$13K

+17.0% YoY

About Morningstar Foundation

Based on IRS filings

Morningstar Foundation is a nonprofit organization focused on Housing & Shelter, based in SKOKIE, IL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 2 grants totaling $26K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CHICAGOEVANSTONODESSA

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$88K$132K$176K1 grants20191 grants20203 grants20213 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

NORTHWESTERN UNIVERSITY$16KTHE UNIVERSITY OF TEXAS …$10K

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northwestern University ($16,200), The University of Texas Permian Bas ($10,000).

RecipientPurposeAmount
NORTHWESTERN UNIVERSITY EVANSTON, ILGRANTS FOR ADVANCEMENT OF STUDENTS$16,200
THE UNIVERSITY OF TEXAS PERMIAN BAS ODESSA, TXSCHOLARSHIP FUND FOR ADVANCEMENT OF STUDENTS$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHRISTINE C FRISCHSecretary0.2
LARAH KENT TANNENBAUMDirector0.1
THOMAS A KORMANSecretary0.1
PAUL A KENTTreasurer0.2
FRANCES B KENTPresident1.75
KATHERINE MAY MADDENDirector0.1
COLEEN KENT KARPFDirector0.1
MICHAEL D FRISCHDirector0.2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Morningstar Foundation?

Morningstar Foundation is a nonprofit organization focused on Housing & Shelter, based in SKOKIE, IL. It holds — in total assets as of 2024.

Where does Morningstar Foundation operate?

Morningstar Foundation has awarded grants in Illinois, Texas.

What size grants does Morningstar Foundation award?

In 2024, Morningstar Foundation awarded 2 grants totaling $26K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is Morningstar Foundation's EIN?

Morningstar Foundation's EIN (Employer Identification Number) is 36-3926901. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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