Ralph K Morris Foundation

Organization Overview

Ralph K Morris Foundation is located in Minneapolis, MN. The organization was established in 2006. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ralph K Morris Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ralph K Morris Foundation generated $53.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE RALPH K. MORRIS FOUNDATION PROVIDES DEVELOPMENT AND LEADERSHIP OPPORTUNITIES FOR EMERGING LEADERS EXPRESSING AN INTEREST IN APPLYING AND ADVANCING THE PRINCIPLES OF COOPERATION, AND IN PROMOTING FARMLAND PRESERVATION, LAND STEWARDSHIP AND SUSTAINABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PRINCIPAL ACTIVITY HAS BEEN, THROUGH ITS RALPH K. MORRIS FOUNDATION COOPERATIVE LEADERSHIP FUND, TO PROVIDE FINANCIAL SUPPORT, IN THE FORM OF SCHOLARSHIPS, TO HELP COVER COSTS ASSOCIATED WITH TRAINING, PROFESSIONAL DEVELOPMENT AND EDUCATIONAL PROGRAMS FOR EMERGING COOPERATIVE LEADERS EXPRESSING AN INTEREST IN APPLYING AND ADVANCING THE PRINCIPALS OF COOPERATION, AND IN PROMOTING FARMLAND PRESERVATION, LAND STEWARDSHIP AND SUSTAINABILITY. THE SCHOLARSHIPS ARE PRIMARILY INTENDED FOR STUDENTS OR INDIVIDUALS WHO DO NOT HAVE SUBSTANTIAL EXPERIENCE IN WORKING FOR COOPERATIVES; SCHOLARSHIPS ARE GENERALLY NOT MADE TO INDIVIDUALS WITH EXTENSIVE COOPERATIVE INDUSTRY EXPERIENCE. IN 2021, THE FOUNDATION AWARDED SUCH SCHOLARSHIPS TO 11 INDIVIDUALS IN THE AGGREGATE AMOUNT OF 12,650. IN ADDITION, THE FOUNDATION MADE GRANTS TO 4 OTHER ORGANIZATIONS. IN THE AGGREGATE AMOUNT OF $25,200 TO SUPPORT THEIR EDUCATIONAL ACTIVITIES RELATING TO COOPERATIVES, PRIMARILY TO FUND INDIVIDUAL SCHOLARSHIPS TO ATTEND EDUCATIONAL CONFERENCES.


THE FOUNDATION SPONSORS THE ANNUAL TOM LYON LEADERSHIP SYMPOSIUM, WHICH IS OPEN WITHOUT CHARGE TO ALL PEOPLE INTERESTED IN COOPERATIVE LEADERSHIP. SYMPOSIUM ATTENDEES INCLUDE MEMBERS OF THE COOPERATIVE NETWORK AND PREVIOUS SCHOLARSHIP RECIPIENTS, WHO RECEIVE SPECIAL INVITATIONS TO ATTEND. IN 2021, THE SYMPOSIUM WAS HELD VIRTUALLY ON MARCH 31, 2021.


THROUGH ITS ELROY WEBSTER COOOPERATIVES STUDIES FUND, THE FOUNDATION ALSO AWARDS $2,500 AND $1,000 SCHOLARSHIPS ANNUALLY TO ONE OR MORE INDIVIDUALS PURSUING A MASTER'S, DOCTORAL OR LAW DEGREE TO PURSUE A CAREER IN COOPERATIVES OR AGRICULTURE. IN 2021, ONE SUCH SCHOLARSHIP GRANTS WERE MADE.


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Board, Officers & Key Employees

Name (title)Compensation
William J Nelson
Chairman
$0
Joel Nilsestuen
Vice Chairman
$0
David Swanson
Treasurer
$0
Bill Berry
Director
$0
Paula Faulkner
Director
$0
Terri Dallas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$30,789
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$30,789
Total Program Service Revenue$0
Investment income $22,926
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $53,715

Grants Awarded

Over the last fiscal year, Ralph K Morris Foundation has awarded $25,200 in support to 4 organizations.

Grant RecipientAmount

Chicago, IL

PURPOSE: SCHOLARSHIPS

$7,700

ASSOCIATION OF COOPERATIVE EDUCATORS

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: SCHOLARSHIPS

$7,500

INDIANA COOPERATIVE DEVELOPMENT CENTER

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: SCHOLARSHIPS

$5,000

COOPERATION WORKS

PURPOSE: SCHOLARSHIPS

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ralph K Morris Foundation has recieved totaling $15,000.

Awarding OrganizationAmount
Cooperative Development Foundation

Washington, DC

PURPOSE: Cooperative Leadership Scholarships

$10,000
Chs Foundation

Inver Grove Heights, MN

PURPOSE: ELROY WEBSTER COOPERATIVE STUDIES

$5,000
View Grant Recipient Profile

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