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EIN 82-3813375

Morosani Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Asheville
State
North Carolina
Year formed
2019
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Morosani Foundation is a private foundation located in Asheville, NC that primarily funds contributions. One of its specific purposes is to provide decent, safe, and sanitary housing that is affordable to very low-income individuals. Its grantees include the Unca Foundation and others, and it made 71 grants last year.
Total revenues
$235,340
2023
Total expenses
$203,015
2023
Total assets
$1,193,121
2023
Num. employees
0
2023

Program areas at Morosani Foundation

One of the specific purposes of the corporation is to provide decent, sake and sanitary housing that is affordable to very low, low and moderate-income persons

Grants made by Morosani Foundation

GranteeGrant descriptionAmount
United Way of Asheville and Buncombe CountyContribution$6,000
Shelter Dog Transport AllianceContribution$5,000
Rollins CollegeContribution$5,000
...and 34 more grants made totalling $40,189

Personnel at Morosani Foundation

NameTitleCompensation
George W MorosaniPresident$0

Financials for Morosani Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$75,000
Investment income and dividends$8,805
Net rental income$32,036
Net gain from sale of non-inventory assets$-37
Gross sales of inventory$0
Miscellaneous revenues$19
Total revenues$235,340

Form 990s for Morosani Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-14990PFView PDF
2022-122024-02-02990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-07-29990PFView PDF
2019-122021-11-09990PFView PDF
...and 1 more Form 990
Data update history
June 4, 2024
Posted financials
Added Form 990PF for fiscal year 2022
May 22, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
932 Hendersonville Rd 201
Asheville, NC 28803
Metro area
Asheville, NC
County
Buncombe County, NC
Phone
(828) 274-4111
IRS details
EIN
82-3813375
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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