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Morosani Foundation is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 2019. The principal officer is George W Morosani. It holds total assets of $1.2M. Annual income is reported at $742K. Total assets have grown from $917K in 2019 to $1.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Morosani Foundation has made 130 grants totaling $258K, with a median grant of $475. Annual giving has grown from $41K in 2020 to $53K in 2023. Grantmaking activity was highest in 2022 with $164K distributed across 47 grants. Individual grants have ranged from N/A to $100K, with an average award of $2K. The foundation has supported 86 unique organizations. The foundation primarily supports organizations in North Carolina, Florida, New Hampshire, which account for 67% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$500
Average Grant
$2K
Largest Grant
$25K
Based on 71 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Morosani Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 130 grants. Its grantmaking reaches organizations primarily in NC, FL, NH.
Morosani Foundation has distributed a total of $258K across 130 grants. The median grant size is $475, with an average of $2K. Individual grants have ranged from N/A to $100K.
Morosani Foundation typically selects its grantees rather than accepting unsolicited proposals.
Morosani Foundation is headquartered in ASHEVILLE, NC. While based in NC, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George W Morosani | President | $0 | $0 | N/A |
| Judith C Morosani | Secretary | $0 | $0 | N/A |
| Hal Thompson | Director | $0 | $0 | N/A |
Total Giving
$203K
Total Assets
$1.2M
Fair Market Value
$620K
Net Worth
$1.1M
Grants Paid
$53K
Contributions
$75K
Net Investment Income
$41K
Distribution Amount
$18K
Total: $305K
Total Grants
130
Total Giving
$258K
Average Grant
$2K
Median Grant
$475
Unique Recipients
86
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Memory CareCONTRIBUTION | Asheville, NC | $1K | 2023 |
| American Cancer SocietyCONTRIBUTION | Asheville, NC | $300 | 2023 |
| Shriners HospitalCONTRIBUTION | Tampa, FL | $150 | 2023 |
| United Way Of AshevilleCONTRIBUTION | Asheville, NC | $6K | 2023 |
| Rollins CollegeCONTRIBUTION | Winter Park, FL | $5K | 2023 |
| Shelter Dog Transport AllianceCONTRIBUTION | Asheville, NC | $5K | 2023 |
| Proctor AcademyCONTRIBUTION | Andover, NH | $5K | 2023 |
| AbccmCONTRIBUTION | Asheville, NC | $3K | 2023 |
| Western Carolina Rescue MinistryCONTRIBUTION | Asheville, NC | $2K | 2023 |
| Asheville-Buncome Tech Comm CollegeCONTRIBUTION | Asheville, NC | $2K | 2023 |
| Habitat For HumanityCONTRIBUTION | Asheville, NC | $2K | 2023 |
| Unc FoundationCONTRIBUTION | Chapel Hill, NC | $2K | 2023 |
| Community Foundation Of WncCONTRIBUTION | Asheville, NC | $2K | 2023 |
| All Souls Counseling CenterCONTRIBUTION | Asheville, NC | $1K | 2023 |
| Joel Osteen MinistriesCONTRIBUTION | Houstn, TX | $1K | 2023 |
| Pisgah Legal ServicesCONTRIBUTION | Asheville, NC | $1K | 2023 |
| Samaritan'S PurseCONTRIBUTION | Boone, NC | $1K | 2023 |
| Asheville Humane SocietyCONTRIBUTION | Asheville, NC | $1K | 2023 |
| HelpmateCONTRIBUTION | Asheville, NC | $1K | 2023 |
| Mountain Housing OpportunitiesCONTRIBUTION | Asheville, NC | $1K | 2023 |
| Elida HomeCONTRIBUTION | Asheville, NC | $1K | 2023 |
| Manna Food BankCONTRIBUTION | Asheville, NC | $558 | 2023 |
| Kettering Cancer CenterCONTRIBUTION | Point Lookout, MO | $500 | 2023 |
| Forman SchoolCONTRIBUTION | Litchfield, CT | $500 | 2023 |
| Foxcroft SchoolCONTRIBUTION | Middleburg, VA | $500 | 2023 |
| Memorial Sloan KetteringCONTRIBUTION | New York, NY | $500 | 2023 |
| Ontrack Financial Education CounselCONTRIBUTION | Asheville, NC | $500 | 2023 |
| Nc Values CoalitionCONTRIBUTION | Raliegh, NC | $500 | 2023 |
| National Right To WorkCONTRIBUTION | Springfield, VA | $500 | 2023 |
| American Heart AssociationCONTRIBUTION | Greenville, SC | $500 | 2023 |
| American Red CrossCONTRIBUTION | Asheville, NC | $350 | 2023 |
| Smile TrainCONTRIBUTION | New York, NY | $350 | 2023 |
| Judicial WatchCONTRIBUTION | Washington, DC | $300 | 2023 |
| Asheville SchoolCONTRIBUTION | Asheville, NC | $300 | 2023 |
| Wnc Bridge FoundationCONTRIBUTION | Asheville, NC | $250 | 2023 |
| RiverlinkCONTRIBUTION | Asheville, NC | $250 | 2023 |
| Capital Reseach CenterCONTRIBUTION | Washington, DC | $250 | 2023 |
| Md Anderson Cancer ResearchCONTRIBUTION | Houston, TX | $250 | 2023 |
| The Salvation ArmyCONTRIBUTION | Asheville, NC | $250 | 2023 |
| Mercy ShipsCONTRIBUTION | Garden Valley, TX | $200 | 2023 |
| American Center For Law JusticeCONTRIBUTION | Chantilly, VA | $200 | 2023 |
| Conservative Partnership InstituteCONTRIBUTION | Washington, DC | $200 | 2023 |
| American Lung AssociationCONTRIBUTION | Chicago, IL | $200 | 2023 |
| Open Doors Of AshevilleCONTRIBUTION | Asheville, NC | $200 | 2023 |
| Asheville SymphonyCONTRIBUTION | Asheville, NC | $175 | 2023 |
| Heifer InternationalCONTRIBUTION | Brevard, NC | $150 | 2023 |
| Wounded Warrior ProjectCONTRIBUTION | Jacksonville, FL | $150 | 2023 |
| Nc Sheriffs AssociationCONTRIBUTION | Raleigh, NC | $100 | 2023 |
| Appalachian Trail ConseervancyCONTRIBUTION | Harpers Ferry, WV | $100 | 2023 |
| David Horowitz Freedom CenterCONTRIBUTION | Sherman Oaks, CA | $100 | 2023 |