Robert J Truitt Charitable Foundation
- Assets
- $160.8k
- Revenue
- $9.8k
- Investments
- $90.6k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 47-1128452
Organization Overview
Robert J Truitt Charitable Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert J Truitt 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, Robert J Truitt Charitable Foundation generated $9.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $23.3k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Robert J Truitt Charitable Foundation has awarded 18 individual grants totaling $106,600. 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 |
|---|---|---|---|
Diana Rooney Pres / Vp* / Dir / Sec / Treas | 1 | $0 | |
Robert J Truitt Pres / Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41 |
| Dividends & Interest | $3,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,345 |
| Capital Gain Net Income | $6,345 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $631 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,275 |
| Total operating and administrative expenses | $11,588 |
| Contributions, gifts, grants paid | $11,750 |
| Total expenses and disbursements | $23,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,201 |
| 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 | $160,791 |
| 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, Robert J Truitt Charitable Foundation has awarded $11,750 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL & UNRESTRICTED | $50 |
BROTHER BENNO FOUNDATION INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
SALVATION ARMY PURPOSE: GENERAL & UNRESTRICTED | $200 |
MEALS-ON-WHEELS GREATER SAN DIEGO INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
WARREN COUNTY COUNCIL ON AGING PURPOSE: GENERAL & UNRESTRICTED | $6,000 |