The Morris Foundation
The Morris Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cokato, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 16 grants totaling $92K. Net investment income was $55K.
Key facts about The Morris Foundation
In short: The Morris Foundation gave $92K across 16 grants in 2025 (avg $6K), mostly in Minnesota. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 80-0706745
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $91,525
- Grants made (2025)
- 16
- Average grant
- $5,720
- Median grant
- $5,000
- New grantees (estimate)
- 13% first-time grantees (2 of 16, 2025)
- Total assets
- $1,700,230
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+5.2% YoY
Annual Giving
$92K
+7.9% YoY
Grant Count
16
-15.8% YoY
Avg Grant Size
$6K
+28.2% YoY
Under IRS private-foundation payout rules, The Morris Foundation reported a distributable amount of $82K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Morris Foundation open to new grantees?
13%
first-time grantees, 2025
In 2025, 2 of 16 grantees (13%) were first-time recipients. First grants averaged $1K; repeat grants $6K. How we count
Medians: $1K first-time, $5K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving grew 28% from 2022 to 2025. Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 16 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ISD 466 SCHOOL DISTRICT Cokato, MN | TO PROVIDE EQUIPMENT FOR SCHOOL | $30,000 |
| COKATO MUSEUM Cokato, MN | TO SUPPORT LOCAL MUSEUM MAINTENANCE | $8,000 |
| COKATO CORN CARNIVAL Cokato, MN | TO SUPPORT LOCAL EVENT | $7,000 |
| LDC HOCKEY BOOSTERS Dassel, MN | TO SUPPORT LOCAL YOUTH ACTIVITIES | $6,120 |
| SPECIAL OLYMPICS Cokato, MN | TO SUPPORT SPECIAL NEEDS CHILDREN | $5,475 |
| COKATO DASSEL ROTARY Cokato, MN | TO SUPPORT LOCAL SERVICE ORGANIZATIO | $5,000 |
| COKATO FIRE DEPT Cokato, MN | TP PROVIDE EQUIPMENT FOR FIREMEN | $5,000 |
| DASSEL FIRE DEPT Dassel, MN | TO PROVIDE EQUIPMENT FOR FIREMEN | $5,000 |
| CITY OF COKATO - AMBULANCE Cokato, MN | TO PROVIDE EQUIPMENT FOR AMBULANCE | $5,000 |
| COKATO LIONS Cokato, MN | TO SUPPORT LOCAL COMMUNITY | $4,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,700,230 | $1,616,901 | $1,530,026 |
| Revenue | $65,441 | $154,942 | $21,337 |
| Expenses | $107,399 | $97,683 | $93,622 |
| Qualifying Distributions | $91,525 | $84,790 | $80,449 |
| Net Investment Income | $55,168 | $148,029 | $30,956 |
| Distributable Amount | $81,774 | $77,363 | $74,348 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 4, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Morris Foundation is led by Garth Asplin, President on every filing since 2020; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Garth Asplin
President
On filings since 2020
No compensation reported
Doug Lundeen
Director
On filings since 2020
No compensation reported
Mark Forsman
Director
On filings since 2020
No compensation reported
Paul Halonen
Director
On filings since 2024
No compensation reported
Bradley Morris
Treasurer
On filings since 2020
No compensation reported
Mike Carpentier
Investment A
On filings since 2023
No compensation reported
Former officers (1)
- Former: Mark Peterson (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "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 The Morris Foundation
How much does The Morris Foundation give each year?
The Morris Foundation gave $92K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $85K across 19 grants.
What is The Morris Foundation's typical grant size?
The Morris Foundation's median grant in 2025 was $5,000, and its average grant was $5,720, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Morris Foundation that year got $1K on average.
Where does The Morris Foundation give grants?
The Morris Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cokato, MN (12 grants) and Dassel, MN (4 grants).
Does The Morris Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on The Morris Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Local Youth Activities" (4 grants).
Who are The Morris Foundation's largest grantees?
The Morris Foundation's largest 2025 grantees include Isd 466 School District ($30,000), Cokato Museum ($8,000) and Cokato Corn Carnival ($7,000), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.
How large is The Morris Foundation?
The Morris Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $92K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets).
What is The Morris Foundation?
The Morris Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cokato, MN. It holds $1.7M in total assets as of 2025.
What is The Morris Foundation's EIN?
The Morris Foundation's EIN (Employer Identification Number) is 80-0706745. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Morris Foundation by hand.
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