MORNINGSTAR FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MORNINGSTAR FOUNDATION (EIN 23-2855899)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201233199349100908
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T10:57:19-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Lewis & Bockius LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1701 Market Street | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 191032921 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232855899 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Morningstar Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MORN | NameControl |
| Phone | 4106973016 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 West Bridge Street | AddressLine1 |
| City | New Hope | City |
| State | PA | State |
| ZIP Code | 18938 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Katherine N Murphy | Name |
| Title | President | Title |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | John Birkmire | Name |
| Phone | 2159635024 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 137810 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 1444 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 1444 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 39 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 21000 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 39 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 1483 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1483 | TotalNetInvestmentIncome |
| Other Expenses Rev And Expnss | 206 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 206 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 206 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 206 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 5900 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 5900 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 6106 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 6106 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -4623 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1483 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -4695 | CashBOY |
| Cash EOY | 1199 | CashEOY |
| Cash EOYFMV | 1199 | CashEOYFMV |
| Investments Other BOY | 152374 | InvestmentsOtherBOY |
| Investments Other EOY | 141857 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 136611 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 147679 | TotalAssetsBOY |
| Total Assets EOY | 143056 | TotalAssetsEOY |
| Total Assets EOYFMV | 137810 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 147679 | CapitalStockBOY |
| Capital Stock EOY | 143056 | CapitalStockEOY |
| Total Net Assets BOY | 147679 | TotalNetAssetsBOY |
| Total Net Assets EOY | 143056 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 147679 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 143056 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 147679 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -4623 | ExcessOfRevenueOverExpenses |
| Subtotal | 143056 | Subtotal |
| Total Net Assets Fund Balances EOY | 143056 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 252.90 GS Concentrated International Equity FND | P | 1997-12-19 | 2011-12-12 | 3384 | 4760 | -1376 | -1376 |
| 120.79 GS Concentrated International Equity FND | P | 1997-04-08 | 2011-12-12 | 1616 | 2416 | -800 | -800 |
| 107.34 GS Concentrated International Equity FND | P | 1997-04-08 | 2011-01-07 | 1800 | 2147 | -347 | -347 |
| 480.54 GS Capital Growth Fund Class A | P | 1997-03-17 | 2011-12-12 | 10000 | 8251 | 1749 | 1749 |
| 197.28 GS Capital Growth Fund Class A | P | 1997-03-17 | 2011-01-07 | 4200 | 3387 | 813 | 813 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 39 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 6369 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 141365 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.04505 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 8743 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 120126 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.07278 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 10275 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 176384 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.05825 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 8352 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 214984 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.03885 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 19758 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 207072 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.09542 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.31036 | TotalDistributionRatio |
| Average Distribution Ratio | 0.06207 | AverageDistributionRatio |
| Net Noncharitable Assets | 150353 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 9333 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 15 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 9348 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 6106 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 30 | InvestmentIncomeExciseTax |
| Subtotal | 30 | Subtotal |
| Tax Based On Investment Income | 30 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 170 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 170 | TotalCreditsAndPayments |
| Overpayment | 140 | Overpayment |
| Amount Credited To Next Year | 140 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | PA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Katherine N Murphy | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 4106973016 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 West Bridge Street | AddressLine1 |
| City | New Hope | City |
| State | PA | State |
| ZIP Code | 18938 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Joseph A Murphy | ||||||
| 362 West Bridge Street | New Hope | PA | 18938 | Trustee | 0.00 | 0 |
| Martha J Murphy | ||||||
| 362 West Bridge Street | New Hope | PA | 18938 | Vice President | 0.00 | 0 |
| Katherine N Murphy | ||||||
| 362 West Bridge Street | New Hope | PA | 18938 | President | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 150992 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1651 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 152643 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 152643 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 2290 | CashDeemedCharitable |
| Net Noncharitable Assets | 150353 | NetNoncharitableAssets |
| Minimum Investment Return | 7518 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 7518 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 30 | TaxBasedOnInvestmentIncome |
| Total Tax | 30 | TotalTax |
| Distributable Amount Before Adj | 7488 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 7488 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 7488 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 6106 | ExpensesAndContributions |
| Qualifying Distributions | 6106 | QualifyingDistributions |
| Adj Qualifying Distributions | 6106 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 7488 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 5835 | UndistributedIncomePriorYear |
| Qualifying Distributions | 6106 | QualifyingDistributions |
| Applied To Year1 | 5835 | AppliedToYear1 |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 271 | AppliedToCurrentYear |
| Undistributed Income CY | 7217 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Joseph A Murphy | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | Katherine N Murphy | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 West Bridge Street | AddressLine1 |
| City | New Hope | City |
| State | PA | State |
| ZIP Code | 18938 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 4106973016 | RecipientPhoneNumber |
| Form And Info And Materials | Letter form, submit brief history; reason for grant; amount and IRS Exemption Letter. | FormAndInfoAndMaterials |
| Submission Deadlines | None | SubmissionDeadlines |
| Restrictions On Awards | Accepts applications from organizations which focus on alleviating suffering of abused and disadvantaged children. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | Philabundance | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3616 South Galloway Street | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 19148 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationship |
| Recipient Foundation Status | Public | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | For General Purposes | PurposeOfGrantOrContribution |
| Amount | $5,900 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 5900 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,444 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $39 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,483 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1483 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (3 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Goldman Sachs Concentrated Int'l Equity | FMV | 45932 | 32341 |
| Goldman Sachs Capital Growth Class A | FMV | 86920 | 95265 |
| Goldman Sachs Bank Deposit (BDA) | FMV | 9005 | 9005 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Bank fees | Description |
| Revenue And Expenses Per Books | 206 | RevenueAndExpensesPerBooks |
| Disbursements Charitable Prps | 206 | DisbursementsCharitablePrps |
Comments