Entoloma vernum
Note the small, aborted mushroom growing at base of stem.  This illustrates how
mushrooms are sometimes formed by mycelia, which is made up of microscopic
hyphae that emerge from the ground (or other substrate) and through cell
modification create a stem, cap, gills and, most importantly, spore producing cells.
Entoloma vernum is found frequently during morel season (April and May)
growing from the ground; pink spore print.  The pointed cap is also distinctive.  
 
The many-sided spores of Entolma vernum.
See spore characteristics at
The Entoloma Website