The Mounzer Foundation for Service

Private foundation · Grantmaker Mooresville, NC EIN: 54-1921385

The Mounzer Foundation for Service is a private foundation, based in Mooresville, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4K in total assets.

Key facts about The Mounzer Foundation for Service

EIN
54-1921385
Latest 990 filing
Form 990-PF, 2025
Total assets
$3,506

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4K

+85.7% YoY

Revenue

$2K

-33.4% YoY

Net Investment Income

—

Expenses

$668

-84.1% YoY

Under IRS private-foundation payout rules, The Mounzer Foundation for Service reported a distributable amount of $147 for 2025 — the minimum it must pay out in qualifying distributions.

How The Mounzer Foundation for Service gives

  • Giving fell 87% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

MooresvilleBluefieldMemphisEvanstonRaleighWythevilleChicago

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K3 grants20198 grants20208 grants20211 grants20223 grants20231 grants20240 grants2025

From 2019 to 2024, annual grant giving ranged from $2K (2019) to $16K (2021). In 2024 it made 1 grant totaling $2K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2019202020212022202320242025
Metric202520242023
Total Assets$3,506$1,888$2,662
Revenue$2,286$3,433$1,440
Expenses$668$4,207$6,014
Qualifying Distributions—$3,150$4,882
Net Investment Income———
Distributable Amount$147$112$131

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Mounzer Foundation for Service is led by Assaad Mounzer, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Assaad Mounzer

    President

    On filings since 2019

    No compensation reported

  • Carla Mounzer

    Vice President

    On filings since 2019

    No compensation reported

  • Khalil Mounzer

    Secretary

    On filings since 2019

    No compensation reported

  • Samira Mounzer

    Treasurer

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Mounzer Foundation for Service

How large is The Mounzer Foundation for Service?

The Mounzer Foundation for Service reported $4K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $2K.

Where does The Mounzer Foundation for Service operate?

The Mounzer Foundation for Service has awarded grants in Illinois, North Carolina, Tennessee, Virginia, West Virginia.

How much is The Mounzer Foundation for Service required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Mounzer Foundation for Service reported a distributable amount of $147 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mounzer Foundation for Service's EIN?

The Mounzer Foundation for Service's EIN (Employer Identification Number) is 54-1921385. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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