Trane Technologies Charitable Foundation
- Assets
- $1.7m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Davidson, NC
- Founding
- 02/2005
- Data as of
- 12/2022
- EIN
- 20-2045897
Organization Overview
Trane Technologies Charitable Foundation is located in Davidson, NC. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trane Technologies Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Trane Technologies Charitable Foundation generated $5.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Trane Technologies Charitable Foundation has awarded 72 individual grants totaling $16,791,207. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY ASSISTANCE FOUNDATION INC.
AMERICAN ONLINE GIVING FUND
READING IS FUNDAMENTAL
PROJECT DRAWDOWN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David S Regnery President | 0.04 | $0 | |
Evan M Turtz Secretary Director | 0.5 | $0 | |
Carrie A Ruddy Vice President | 5 | $0 | |
Christopher Donohoe VP Treasurer | 0 | $0 | |
Vanessa Heffron Assistant Treasurer | 0 | $0 | |
Scott R Williams Assistant Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,994,811 |
| Interest on Savings | $582 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,995,393 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90,009 |
| Total operating and administrative expenses | $90,009 |
| Contributions, gifts, grants paid | $3,997,341 |
| Total expenses and disbursements | $4,087,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,649,980 |
| Savings and temporary cash investments | $34,610 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,684,590 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Trane Technologies Charitable Foundation has awarded $3,997,341 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
EMERGENCY ASSISTANCE FOUNDATION INC PURPOSE: PROVIDE DIRECT FINANCIAL SUPPORT FOR EMPLOYEES FACING CHALLENGES IN THE AFTERMATH OF NATURAL DISASTERS OR DEALING WITH HARDSHIP FROM UNFORESEEN PERSONAL EVENTS. | $700,000 |
UK ONLINE GIVING FOUNDATION PURPOSE: WORKING TO IMPROVE PHILANTHROPY IN THE UNITED KINGDOM. | $4,934 |
SCHOLARSHIP AMERICA PURPOSE: SCHOLARSHIP AMERICA WORKS DIRECTLY WITH STUDENTS PARENTS COLLEGES BUSINESSES AND COMMUNITIES TO HELP STUDENTS FULFILL THEIR COLLEGE DREAMS. | $75,410 |
THE NAT'L SOCIETY OF BLACK ENGINEER PURPOSE: TO INCREASE THE NUMBER OF CULTURALLY RESPONSIBLE BLACK ENGINEERS WHO EXCEL ACADEMICALLY SUCCEED PROFESSIONALLY AND POSITIVELY IMPACT THE COMMUNITY. | $100,000 |
DIGI-BRIDGE PURPOSE: DIGI-BRIDGE SPARKS INTEREST AND PASSION IN SCIENCE TECHNOLOGY ENGINEERING ARTS AND MATH STEAM LEARNING ENSURING THAT STUDENTS HAVE THE OPPORTUNITIES AND SKILLS TO SUCCEED IN A RAPIDLY-CHANGING WORLD BY FOSTERING CURIOSITY CREATIVITY EXPLORATION PERSISTENCE AND RESILIENCE. | $150,000 |
JUNIOR ACHIEVEMENT OF CTRL CAROLINA PURPOSE: HELPS PREPARE TODAY'S STUDENTS FOR A BRIGHT FUTURE. | $25,000 |