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Filing year 2023

THE TROON FOUNDATION

Elon, North Carolina·EIN 45-3804868·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.7M
Total assets
$47.2M
Total expenses
$3M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. THE TROON FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Treasurer/secretary
President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.6M

Itemized grants

37

Median grant

$40k

RecipientLocationPurposeAmount
FIDELITY CHARITABLE GIVING ACCOUNT OF JAMES M AND KATHLEEN H PIERMARINICINCINNATI, OHTO FUND CHARITABLE GIVING ACCOUNT.$400k
BON SECOURSRICHMOND, VATO FUND GARDENFEST, NICU/PICU, AND NICU CAMERAS FOR 4 SITES.$229k
UNITED WAY OF ALAMANCE COUNTYBURLINGTON, NCTO FUND GENERAL FUNDS AND HOUSING SPECIALIST.$190k
BIG BROTHERS & SISTERSMORRISVILLE, NCTO FUND MENTORING.$150k
BLUE RIDGE AREA FOOD BANKCHARLOTTESVILLE, VATO FUND AGENCY CAPACITY AND HEADQUARTERS RENOVATIONS.$150k
WOMEN'S INITIATIVECHARLOTTESVILLE, VATO FUND MENTAL HEALTH SUPPORT.$125k
ALAMANCE COMMUNITY COLLEGE FOUNDATIONGRAHAM, NCTO FUND SCHOLARSHIPS AND MENTAL HEALTH PROGRAMS.$100k
CHRISTMAS CHEERBURLINGTON, NCGENERAL FUNDS.$100k
SAFE ALAMANCEGRAHAM, NCTO FUND FOOD ASSISTANCE.$100k
CITY GATE DREAM CENTERBURLINGTON, NCTO FUND COMMUNITY PROGRAMS.$90k
PROSAMISTAUNTON, VATO FUND PILOT CENTER AND TRAINING.$90k
CONE HEALTH PHILANTHROPYGREENSBORO, NCTO FUND HEALING GARDEN AND EMPLOYEE APPLICATION.$86k
INTERNATIONAL NEIGHBORSCHARLOTTESVILLE, VATO FUND SUMMER FUN CAMPAIGN, PT BUS DRIVER, AND VEHICLE.$74k
SWIM RICHMONDRICHMOND, VATO FUND SWIM PROGRAMS.$50k
BENJAMIN HAIR SWIMCHARLOTTESVILLE, VATO FUND SWIM PROGRAMS.$42k
ON OUR OWNROANOKE, VATO FUND MENTAL HEALTH PROGRAM.$41k
LYNCHBURG GROWSLYNCHBURG, VATO FUND FOOD INSECURITY VEHICLE AND SPARK MILL PLANNING.$40k
MIRIAM'S HOUSELYNCHBURG, VATO FUND COMMUNITY FIRST PROGRAM.$40k
ST JOSEPH'S VILLARICHMOND, VATO FUND MENTAL HEALTH PROGRAM/GYM FLOOR.$40k
YOUNG MUSICIANS OF ALAMANCEBURLINGTON, NCTO PROVIDE OPERATING FUNDS.$40k
CANCERLINCRICHMOND, VATO FUND LEGAL ASSISTANCE FOR PATIENTS.$35k
EPISCOPAL FARM WORKERSDUNN, NCTO FUND CHRISTMAS GIFTS AND SCHOOL SUPPLIES.$35k
LEUKEMIA & LYMPHOMA SOCIETYRYE BROOK, NYTO PROVIDE FINANCIAL ASSISTANCE.$35k
POWER CROSSSTATESVILLE, NCTO FUND TRANSPORTATION NEEDS.$30k
YELLOW DOOR FOUNDATIONCHARLOTTESVILLE, VATO FUND HOUSING PATIENT FAMILIES.$30k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

THE TROON FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about THE TROON FOUNDATION

What are THE TROON FOUNDATION's revenue and expenses?

In 2023, THE TROON FOUNDATION reported $2.7M in total revenue and $3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.