O Leonard Moretz Fdn Tua

Foundation · Grantmaker 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

-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

North Carolina $2.6M (100%)

Texas $5K (0%)

States

North Carolina Texas

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

Metric	2025	2024	2023
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

60 grants across all recorded years

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).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
GEORGE A MORETZ	PRESIDENT	5	—
JAMES L PARKER	VICE PRESIDENT	5	—
NANCY M BURNSIDE	OFFICER	5	—
C SLOANE MORETZ	OFFICER	5	—
TED MORETZ	OFFICER	5	—

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.