The Morningstar Foundation

CRWONSVILLE, MD EIN: 23-2855899

The Morningstar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRWONSVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $228K in total assets. In 2024, it awarded 2 grants totaling $11K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$228K

+4.5% YoY

Annual Giving

$11K

-1.3% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$6K

+48.0% YoY

About The Morningstar Foundation

Based on IRS filings

The Morningstar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRWONSVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $228K in total assets. In 2024, it awarded 2 grants totaling $11K. Net investment income was $23K.

Ready to take the next step with The Morningstar Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AnnapolisCrownsvilleOwings MillState College

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$15K$23K$31K20202021202220232024
Metric202420232022
Total Assets$228,046$218,274$227,885
Revenue$25,015$7,235$13,021
Expenses$14,849$16,653$17,028
Qualifying Distributions$13,100$14,077$14,089
Net Investment Income$23,266$4,659$10,432
Distributable Amount$13,993$12,913$12,734

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K1 grants20202 grants20212 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

McDonough Greatest Good$10KPenn State Gift Giving$1K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
Katherine Murphy RiggsPresident5
Martha J MurphyVice President5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with The Morningstar Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities