Frank and Carol Morsani Foundation Inc
Frank and Carol Morsani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $49K in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $25K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$49K
-30.4% YoY
Revenue
$28K
+18.9% YoY
Qualifying Distributions
$2K
-65.9% YoY
Expenses
$49K
-4.7% YoY
Under IRS private-foundation payout rules, Frank and Carol Morsani Foundation Inc reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
About Frank and Carol Morsani Foundation Inc
Based on IRS filings
Frank and Carol Morsani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $49K in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $25K.
Focus Areas
Ready to take the next step with Frank and Carol Morsani Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $48,817 | $70,173 | $98,348 |
| Revenue | $27,656 | $23,260 | $24,804 |
| Expenses | $49,012 | $51,435 | $51,402 |
| Qualifying Distributions | $1,500 | $4,400 | $1,415 |
| Net Investment Income | $24,609 | $21,013 | $19,548 |
| Distributable Amount | $4,085 | $5,889 | $8,059 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK L MORSANI | PRESIDENT | — | — |
| CAROL D MORSANI | VICE PRESIDENT | — | — |
| LEANNE M ROWE | DIRECTOR | — | — |
| LARRY ANDERSON | DIRECTOR | — | — |
| SUZY ANDERSON | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank and Carol Morsani Foundation Inc?
Frank and Carol Morsani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. It holds $49K in total assets as of 2025.
How large is Frank and Carol Morsani Foundation Inc?
As of 2025, Frank and Carol Morsani Foundation Inc holds $49K in total assets with $28K in annual revenue.
How much is Frank and Carol Morsani Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Frank and Carol Morsani Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank and Carol Morsani Foundation Inc's EIN?
Frank and Carol Morsani Foundation Inc's EIN (Employer Identification Number) is 59-3543872. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Frank and Carol Morsani Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Mightycause Charitable Foundation
MARIANNA, FL
Assets
$6.6M
Grants
3,309
Total Given
$82.3M
Publix Super Markets Charities Inc
LAKELAND, FL
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
JACKSONVILLE, FL
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Community Foundation of Sarasota Co
SARASOTA, FL
Assets
$464.6M
Grants
882
Total Given
$50.6M
The Miami Foundation Inc
MIAMI, FL
Assets
$525.0M
Grants
879
Total Given
$57.2M
Early Learning Coalition of Broward
FORT LAUDERDALE, FL
Assets
$21.6M
Grants
669
Total Given
$154.0M
Leslie L Alexander Foundation Inc
DELRAY BEACH, FL
Assets
$291.4M
Grants
622
Total Given
$28.4M
Community Foundation of Tampa Bay Inc
TAMPA, FL
Assets
$879.2M
Grants
566
Total Given
$30.7M
United Way Miami Inc
MIAMI, FL
Assets
$157.2M
Grants
562
Total Given
$32.6M
Gulf Coast Community Foundation Inc
VENICE, FL
Assets
$482.8M
Grants
541
Total Given
$40.6M
Early Learning Coalition of Duval
JACKSONVILLE, FL
Assets
$9.7M
Grants
536
Total Given
$20.5M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Frank and Carol Morsani Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities