O Leonard Moretz Fdn Tua

HICKORY, NC EIN: 58-0012117

O Leonard Moretz Foundation Tua is a private foundation based in Hickory, North Carolina. Established in 1980, the foundation operates as an independent 501(c)(92) nonprofit organization with no employees.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$755K

-39.8% YoY

Annual Giving

$605K

+17.3% YoY

Grant Count

10

-9.1% YoY

Avg Grant Size

$60K

+29.0% YoY

Under IRS private-foundation payout rules, O Leonard Moretz Fdn Tua reported a distributable amount of $82K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Science and STEM education
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

The foundation focuses its grantmaking primarily within North Carolina.

Grantmaking

The foundation does not currently have live grant opportunities listed.

Grant Range

s & Patterns:**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in North Carolina, with a particular emphasis on the Hickory area and surrounding region.

Grant Distribution by State

2states

Cities

CharlotteCrossnoreDallasGastoniaHickoryNewlandSalisbury

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending July 2024:

  • Total Assets: $1,254,689
  • Total Revenues: $210,186
  • Total Expenses: $541,235
  • Investment Income and Dividends: $55,750
  • Net Gain from Sale of Non-Inventory Assets: $154,436

Historical Context:

  • Previous year (FY 2023) total revenues were $302,567, representing a 30% decrease year-over-year
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$173K$346K$519K$693K202020212022202320242025
Metric202520242023
Total Assets$755,291$1,254,689$1,585,738
Revenue$129,208$210,186$302,567
Expenses$629,606$541,235$491,174
Qualifying Distributions$604,833$515,833$466,833
Net Investment Income$110,017$188,819$276,953
Distributable Amount$82,378$97,190$108,663

Giving Over Time

Total grant dollars and number of grants per year

$0$151K$302K$454K$605K12 grants202014 grants202114 grants202211 grants202311 grants202410 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

LENOIR-RHYNE UNIVERSITY$213KYMCA OF CATAWBA COUNTY$200KHOLY TRINITY LUTHERN CHU…$63KUNITED ARTS COUNCIL$50KHICKORY MUSEUM OF ART$50KCATAWBA MEDICAL FOUNDATION$10KHICKORY DAY SCHOOL$8KHICKORY SOUP KITCHEN$5KBOY SCOUTS OF AMERICA$4KCROSSNORE SCHOOL$3K

Grant Size Distribution

60 grants across all recorded years

46<$50K4$50–100K10$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Lenoir-rhyne University ($212,500), Ymca of Catawba County ($200,000), Holy Trinity Luthern Church ($62,500).

RecipientPurposeAmount
BOY SCOUTS OF AMERICA GASTONIA, NCGENERAL SUPPORT$4,000
CATAWBA MEDICAL FOUNDATION HICKORY, NCGENERAL SUPPORT$10,000
CROSSNORE SCHOOL CROSSNORE, NCGENERAL SUPPORT$2,500
HICKORY DAY SCHOOL HICKORY, NCGENERAL SUPPORT$8,333
HICKORY SOUP KITCHEN HICKORY, NCGENERAL SUPPORT$5,000
HOLY TRINITY LUTHERN CHURCH HICKORY, NCGENERAL SUPPORT$62,500
LENOIR-RHYNE UNIVERSITY HICKORY, NCGENERAL SUPPORT$212,500
UNITED ARTS COUNCIL GASTONIA, NCGENERAL SUPPORT$50,000
YMCA OF CATAWBA COUNTY HICKORY, NCCAPITAL CAMPAIGN$200,000
HICKORY MUSEUM OF ART HICKORY, NCGENERAL SUPPORT$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
GEORGE A MORETZPRESIDENT5
JAMES L PARKERVICE PRESIDENT5
NANCY M BURNSIDEOFFICER5
C SLOANE MORETZOFFICER5
TED MORETZOFFICER5

Contact Information

Address: 929 14th Ave NW, Hickory, NC 28601-2323

Phone: 828-327-2727

EIN: 58-0012117

Frequently Asked Questions

What does O Leonard Moretz Fdn Tua fund?

The foundation's primary funding interests include: • Education • Science and STEM education • Human Services • Philanthropy, Voluntarism & Grantmaking The foundation focuses its grantmaking primarily within North Carolina.

How do I apply for a grant from O Leonard Moretz Fdn Tua?

**Grant Sizes & Patterns:** • Typical award range: $1,000 to $216,000 • Recent grants have included awards of $212,500, $62,500, and $8,333 **Recent Grant Recipients (2024):** • Lenoir-Rhyne University: $212,500 (General Support) • Holy Trinity Lutheran Church: $62,500 (General Support) • Hickory Day School: $8,333 (General Support) The foundation does not currently have live grant opportunities listed.

Where does O Leonard Moretz Fdn Tua make grants?

The foundation's grantmaking is concentrated in North Carolina, with a particular emphasis on the Hickory area and surrounding region.

What size grants does O Leonard Moretz Fdn Tua award?

In 2025, O Leonard Moretz Fdn Tua awarded 10 grants totaling $605K — an average of about $60K per grant, based on its IRS Form 990 filings.

How much is O Leonard Moretz Fdn Tua required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, O Leonard Moretz Fdn Tua reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is O Leonard Moretz Fdn Tua's EIN?

O Leonard Moretz Fdn Tua's EIN (Employer Identification Number) is 58-0012117. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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