GEORGE A MORETZ FAMILY FOUNDATION INC
https://N/A
$1K
Total Assets (2022)
$4K
Avg Yearly Giving (2022–2022)
$4K
Giving on File
(1 yr)
(1 yr)
3
Grants on File
$1K
Avg Grant Size
About
THE GEORGE A MORETZ FAMILY FOUNDATION, INC. IS TERMINATING ITS PRIVATE FOUNDATION STATUS IN ACCORDANCE WITH IRC SECTION 507(B)(1)(B) AND DOES NOT OWE A TERMINATION TAX. THE GEORGE A MORETZ FAMILY FOUNDATION, INC. DISTRIBUTED ALL OF ITS ASSETS IN 2022 TO 3 PUBLIC CHARITIES, AS DESCRIBED IN IRC SECTION 509(A)(1). THE ORGANIZATION HELD BACK ENOUGH FUNDS TO COVER THE COST OF CLOSING DOWN THE FOUNDATION IN 2022, AS DETAILED BELOW: ADMINISTRATIVE EXPENSES IN FINAL YEAR 12/31/2022 $1,091 MARTIN STARNES AND ASSOCIATES PREPRATION OF FINAL YEAR TAX RETURN
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
8283241386
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | N/A | $2K | $2K | N/A |
| 2019 | N/A | $1K | $5K | N/A |
| 2020 | N/A | $2K | $5K | N/A |
| 2021 | N/A | $1K | $6K | N/A |
| 2022 | $4K | $0 | $3K | 3 |
Grant Size Distribution
Based on 3 grants on record
Minimum
$1K
25th Pctl
$1K
Median
$1K
Average
$1K
75th Pctl
$2K
Maximum
$2K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| GEORGE A MORETZ | PRESIDENT/TREASURER | — |
| CAROLYN S MORETZ | VICE PRESIDENT/SECRETARY | — |
Grants Awarded (3 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| LENOIR RHYNE UNIVERSITY | HICKORY, NC | $1,500 | FOR OPERATING BUDGET | 2022 |
| NORTH CAROLINA TEXTILE FOUNDATION | RALEIGH, NC | $1,000 | FOR OPERATING BUDGET | 2022 |
| PIEDMONT COUNCIL - BOY SCOUTS OF AMERICA | GASTONIA, NC | $1,000 | FOR OPERATING BUDGET | 2022 |