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Nonprofit · EIN 82-3813375

MOROSANI FOUNDATION

Tax-exempt · ASHEVILLE, NC 28803

Financials

$383K$264K2022$235K$203K2023$334K$284K2024$7.9M$716K2025
Revenue Expenses · by fiscal year end
Financials of MOROSANI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$7,921,192$716,185$7,205,007$9,443,581$1,058,981$8,384,600
December 31, 2024990-PF$333,550$283,551$49,999$1,237,497$57,904$1,179,593
December 31, 2023990-PF$235,340$203,015$32,325$1,193,121$63,766$1,129,355
December 31, 2022990-PF$383,198$263,654$119,544$1,169,271$72,241$1,097,030
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$7,340,000
Dividends
$5,986
Net rental income
-$42,249
Net gain from sales of assets
-$9,510
Other income
$84

Expenses

Grants and similar amounts paid
$72,208
Disbursements for charitable purposes
$72,208

Balance sheet and other

Total assets, start of year
$1,237,497
Total assets, end of year
$9,443,581
Total liabilities, end of year
$1,058,981
Net assets, end of year
$8,384,600
Fair market value of assets
$872,917
Qualifying distributions
$72,208
Net investment income
$590,618

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CANDI PEARSON
PO BOX 1683, CANDLER, NC 28715
Secretary0$0
TAMORA CLONTZ
584 RUTHERFORD ROAD, MARION, NC 28752
Director0$0
HAL THOMPSON
96218 Stoney Drive, Fernandina Beach, FL 32034
President & CEO0$0
AIMEE MERRILL
584 RUTHERFORD ROAD, MARION, NC 28752
Director0$0
DANIEL MERRILL
584 RUTHERFORD ROAD, MARION, NC 28752
Director0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
CANDI PEARSON
PO BOX 1683, CANDLER, NC 28715
Secretary0$0
TAMORA CLONTZ
584 RUTHERFORD ROAD, MARION, NC 28752
Director0$0
HAL THOMPSON
96218 Stoney Drive, Fernandina Beach, FL 32034
President & CEO0$0
AIMEE MERRILL
584 RUTHERFORD ROAD, MARION, NC 28752
Director0$0
DANIEL MERRILL
584 RUTHERFORD ROAD, MARION, NC 28752
Director0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GEORGE W MOROSANI
932 HENDERSONVILLE RD STE 201, ASHEVILLE, NC 28803
President0$0
JUDITH C MOROSANI
932 HENDERSONVILLE RD STE 201, ASHEVILLE, NC 28803
Secretary0$0
HAL THOMPSON
96218 Stoney Drive, Fernandina Beach, FL 32034
Director0$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
GEORGE W MOROSANI
932 HENDERSONVILLE RD STE 201, ASHEVILLE, NC 28803
President0$0
JUDITH C MOROSANI
932 HENDERSONVILLE RD STE 201, ASHEVILLE, NC 28803
Secretary0$0
HAL THOMPSON
96218 Stoney Drive, Fernandina Beach, FL 32034
Director0$0

Address and contacts

Address (IRS master file)
932 HENDERSONVILLE RD STE 201, ASHEVILLE, NC 28803-6617
In care of
% GEORGE W MOROSANI
Signed the 990-PF
GEORGE W MOROSANI, President
Phone
(828) 274-4111
Return prepared by
Alan E Bolick CPA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-3813375
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,443,581
Income (IRS master file)
$8,317,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$7,921,192$716,185$9,443,581XML
990-PFDecember 2024$333,550$283,551$1,237,497XML
990-PFDecember 2023$235,340$203,015$1,193,121XML
990-PFDecember 2022$383,198$263,654$1,169,271XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3813375).

Questions about MOROSANI FOUNDATION

What is the EIN of MOROSANI FOUNDATION?
The employer identification number (EIN) of MOROSANI FOUNDATION is 82-3813375.
Is MOROSANI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to MOROSANI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MOROSANI FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MOROSANI FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MOROSANI FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MOROSANI FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does MOROSANI FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,921,192, expenses of $716,185 and total assets of $9,443,581 at year end.

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