Morningstar Foundation
Morningstar Foundation is a private foundation, based in Bloomington, MN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $37 in total assets. In 2023, it awarded 2 grants totaling $38K. Net investment income was $7K.
Morningstar Foundation at a glance
In short: Morningstar Foundation gave $38K across 2 grants in 2023 (avg $19K), mostly in Oregon. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $38,131
- Grants made (2023)
- 2
- Average grant
- $19,066
- Median grant
- $19,066
- Total assets
- $37
- -99.9% vs 2022
- Primary geography
- Oregon (67% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Morningstar Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 2 grants totaling $38K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 grants to individuals Recipients not named | — | $38,131 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2023 | $37 | $6,680 | $38,131 | $38,131 | 2 | $38,131 | $6,680 |
| 2022 | $34,785 | $758 | — | — | — | — | $775 |
| 2021 | $40,990 | $899 | — | — | — | — | $899 |
| 2020 | $36,906 | $1,025 | — | — | — | — | $1,025 |
Leadership & Key People
Officers and directors from IRS filings
Morningstar Foundation is led by James Sweeney, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2023 filing
James Sweeney
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Morningstar Foundation
How much does Morningstar Foundation give each year?
Morningstar Foundation gave $38K across 2 grants in 2023, according to its 2023 IRS Form 990-PF.
How large is Morningstar Foundation?
Morningstar Foundation reported $37 in total assets on its 2023 IRS Form 990-PF. Its revenue that year was $7K.
Where does Morningstar Foundation operate?
Morningstar Foundation has awarded grants in Minnesota, Oregon.
What is Morningstar Foundation's EIN?
Morningstar Foundation's EIN (Employer Identification Number) is 20-2924103. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 31, 2024)
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Morningstar Foundation's focus areas in our free grants database
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Morningstar Foundation down — hundreds of funders to go?