Form 990-EZ for tax year 2024

Totals

Total revenue

$41,472

Total expenses

$61,731

Contributions and grants received

$28,171

Grants paid

$41,725

Program service revenue

— not reported

Membership dues (line 3)

— not reported

Investment income (line 4)

$13,301

Gain or loss on sale of assets (line 5c)

— not reported

Gaming and fundraising events, net (line 6d)

— not reported

Gross profit on inventory sales (line 7c)

— not reported

Other revenue (line 8)

— not reported

Total assets, end of year

$437,931

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$437,931

Program service expenses (Part III)

$41,725

Program services were 67.6% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2024

• THE FOUNDATION SPONSORS THE ANNUAL TOM LYON FAMILY 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 SPEICAL INVITATIONS TO ATTEND.

• THROUGH ITS ELROY WEBSTER COOPERATIVES STUDIES PROGRAM, THE FOUNDATION ALSO AWARDS UP TO THREE $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 2024, THREE SUCH SCHOLARSHIPS GRANTS WERE MADE AT THE $2,500 LEVEL AND NONE AT THE $1,000 LEVEL.

  Expenses $7,500 · Grants $7,500

• 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.

  Expenses $34,225 · Grants $34,225

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990_ez

Tax year

2024

Filed

15 July 2025

IRS schema version

2024v5.2

Source object

202511969349201676

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.