Richard & Mary Morrison Foundation
Richard & Mary Morrison Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grants totaling $119K. Net investment income was $130K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
-2.7% YoY
Annual Giving
$119K
-15.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$119K
-15.8% YoY
About Richard & Mary Morrison Foundation
Based on IRS filings
Richard & Mary Morrison Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grants totaling $119K. Net investment income was $130K.
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 | $3,636,066 | $3,737,266 | $3,763,086 |
| Revenue | $121,016 | $217,331 | $188,845 |
| Expenses | $222,425 | $242,117 | $266,176 |
| Qualifying Distributions | $212,995 | $233,533 | $247,750 |
| Net Investment Income | $130,483 | $208,482 | $179,716 |
| Distributable Amount | $205,778 | $192,264 | $197,877 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD T MORRISON | CO-TRUSTEE | 10 | — |
| MARY MORRISON | CO-TRUSTEE | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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