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Filing year 2024

The Morsman Family Foundation

Minnetonka, Minnesota·EIN 41-2008689·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$167k
Total assets
$486k
Total expenses
$46k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. The Morsman Family Foundation reported 6 unpaid officers and board members on its 990-PF.

President/treasurer
Vp/secretary/asst. Treasurer
Director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$34k

Itemized grants

23

Median grant

$1k

RecipientLocationPurposeAmount
Minnesota Landscape ArboretumChaska, MNTrees, flowers, landscaping, and education.$6k
Open Door Youth Gang AlternativesDenver, COWorks at giving kids an alternatives to gang membership.$2k
The Brinton MuseumBig Horn, WYArt and historical museum.$2k
Freedom Service DogsEnglewood, COTrains service dogs to assist people.$2k
Brooke USALexington, KYHelps to keep working animals healthy in the poorest countries.$1k
Climate GenerationMinneapolis, MNAdvocates Climate literacy, education, and citizen engagement.$1k
Loaves and FishesMinneapolis, MNServes hot meals to those in need.$1k
Minnesota Land TrustStPaul, MNPromotes conservation easements to protect land in MN.$1k
One Village PartnersMinneapolis, MNFoster community lead transformation in rural Sierra Leone.$1k
People Serving PeopleMinneapolis, MNHomeless jobs and shelter program.$1k
Wildlife Rehabilitation Center of MinnesotaRoseville, MNWildlife rehabilitation center.$1k
Youth AdvantageStillwater, MNChildren's involvement in extracurricular activities.$1k
Clothes to Kids DenverDenver, COProvides clothing to students in need.$1k
Conservation ColoradoDenver, COGrass roots voice for conservation in Colorado.$1k
Humane Society of the South Platte ValleyLittleton, COAnimal shelter.$1k
Integrated Family Community ServicesEnglewood, COHelps families achieve self-sufficiency through food and clothing$1k
Showers For AllDenver, COProvides mobile showers and laundry to the homeless.$1k
Chatfield Music Lending LibraryChatfield, MNLends old time band music to players.$1k
Food Bank of the RockiesDenver, CONourish people facing food insecurity.$1k
Raptor Education Group IncAntigo, WIHeals injured birds and provides education.$1k
Rocky Mountain Micro Finance InstituteDenver, COSupporting entrepreneurs of all backgrounds.$1k
The Trevor ProjectHollywood, CASuicide prevention and crisis intervention.$1k
Wyoming Wilderness AssociationSheridan, WYWyoming wilderness preservation, particularly Rock Creek.$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Morsman Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$67k
$47k
2023
$167k
$46k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

The Morsman Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about The Morsman Family Foundation

What are The Morsman Family Foundation's revenue and expenses?

In 2024, The Morsman Family Foundation reported $167k in total revenue and $46k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.