The Truax Family Foundation

Organization Overview

The Truax Family Foundation is located in Wilmington, DE. The organization was established in 2019. 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. Truax 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 12/2021, Truax Family Foundation generated $407.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.4%) each year. All expenses for the organization totaled $493.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $300,000
Interest on Savings $77
Dividends & Interest $39,584
Net Rental Income$0
Net Gain on Sale of Assets $67,702
Capital Gain Net Income $67,702
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $407,363

Grants Awarded

Over the last fiscal year, The Truax Family Foundation has awarded $465,000 in support to 5 organizations.

Grant RecipientAmount

THE COMPASS EVANGELICAL FREE CHURCH

Org PageRecipient Profile

Naperville, IL

PURPOSE: GENERAL & UNRESTRICTED

$270,000

CENTER FOR BIBLICAL UNITY

Org PageRecipient Profile

Upland, CA

PURPOSE: GENERAL & UNRESTRICTED

$100,000

IANS PLACE FOR BEREAVED PARENTS

Org PageRecipient Profile

Clarendon Hls, IL

PURPOSE: GENERAL & UNRESTRICTED

$50,000

CARING NETWORK NFP

Org PageRecipient Profile

Glen Ellyn, IL

PURPOSE: GENERAL & UNRESTRICTED

$35,000

MOUNTAIN LIFE EVANGELICAL FREE CHURCH

Org PageRecipient Profile

Park City, UT

PURPOSE: GENERAL & UNRESTRICTED

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Pnc Foundation
Pittsburgh, PA
$3,451,991
Peter Alfond Foundation
Bethesda, MD
$129,307,233
Service Coordination Inc
Frederick, MD
$52,158,150
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
Prudential Foundation Inc
Newark, NJ
$53,115,847
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
J Willard And Alice S Marriott Foundation
Bethesda, MD
$31,840,539
Mccune Foundation
Pittsburgh, PA
$38,182,239
Aurora Foundation
Wilmington, DE
$34,829,057
Segal Family Foundation Inc
Warren, NJ
$21,683,461
Dietrich Foundation
Pittsburgh, PA
$93,476,192

Create an account to unlock the data you need.

or