Morningstar Foundation
Preselected recipients only
Morningstar Foundation is a private foundation in Skokie, Illinois. In tax year 2025 it gave $48,700 in 3 grants; the typical grant was $10,000 and the largest $36,200. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$48,700
- Number of grants3
- Typical grant$10,000
- Largest grant$36,200
- Assets$588,125
- New grantees33%
Giving in 2025 was up from $26,200 the year before.
33% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $11,200 | 1 | $435,265 |
| 2024 | $26,200 | 2 | $520,439 |
| 2025 | $48,700 | 3 | $588,125 |
How to apply
Morningstar Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Morningstar Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 2 | $38,700 |
| Texas | 1 | $10,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern University | Grants for advancement of students | $36,200 |
| The University of Texas Permian Bas | Scholarship fund for advancement of students | $10,000 |
| The Wetlands Initiative | To advance wetland restoration | $2,500 |
Officers and trustees
- Christine C Frisch
- Larah Kent Tannenbaum
- Paul A Kent
- Katherine May Madden
- Coleen Kent Karpf
- Michael D Frisch
Questions people ask
Does Morningstar Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Morningstar Foundation give?
$48,700 in tax year 2025, across 3 grants, with a typical grant of $10,000.
Who runs Morningstar Foundation?
Its 2025 filing lists Christine C Frisch (Secretary), Larah Kent Tannenbaum (President), Paul A Kent (Treasurer) and Katherine May Madden (Director) among 6 officers and trustees.
What does Morningstar Foundation fund?
Based on its grants, mainly education.