Charles D Trover Family Foundation
- Assets
- $5.8m
- Revenue
- $307.5k
- Investments
- $5.6m
- Employees
- 0
- Location
- Sherwood, OR
- Founding
- 03/2009
- Data as of
- 06/2023
- EIN
- 20-8020190
Organization Overview
Charles D Trover Family Foundation is located in Sherwood, OR. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Charles D Trover Family 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 06/2023, Charles D Trover Family Foundation generated $307.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $352.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles D Trover Family Foundation has awarded 111 individual grants totaling $2,532,047. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles D Trover Director/presid | 3 | $0 | |
Tami Trover Crosson Secretary/direc | 2 | $0 | |
Sara Lee Montag Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $219,042 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $86,472 |
| Capital Gain Net Income | $86,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $307,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,997 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $7,197 |
| Contributions, gifts, grants paid | $345,000 |
| Total expenses and disbursements | $352,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $123,602 |
| 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 | $14 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,142 |
| Total assets | $5,762,562 |
| 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 | $826 |
| Total liabilities | $826 |
Grants Awarded
Over the last fiscal year, Charles D Trover Family Foundation has awarded $345,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
PEARL BUCK CENTER PURPOSE: SUPPORT | $20,000 |
HARVESTING IN SPANISH PURPOSE: SUPPORT | $45,000 |
MISSION MINISTRIES PURPOSE: SUPPORT | $38,000 |
KENYA'S KIDZ PURPOSE: SUPPORT | $32,000 |
CAMDEN COUNTY CHILDREN'S ADVOCACY PURPOSE: SUPPORT | $5,000 |
CHILDREN'S LEARNING CENTER PURPOSE: SUPPORT | $50,000 |