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Filing year 2024

The Truax Family Foundation

Wilmington, Delaware·EIN 83-3069942·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$61k
Total assets
$641k
Total expenses
$621k
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. The Truax Family Foundation reported 7 unpaid officers and board members on its 990-PF.

Dir
Dir
Dir, Pres, Sec, Treas
Dir
Dir
Dir
Dir, VP

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$597k

Itemized grants

5

Median grant

$20k

RecipientLocationPurposeAmount
FAMILY BIBLE CHURCH INC OF PONTE VEDRA FLORIDAPONTE VEDRA, FLNew Building Fund$450k
CENTER FOR BIBLICAL UNITYUPLAND, CAfunds for hiring a donor Relations Assistant and Assistant Media Specialist, a website refresh, and 2025 Conference$100k
NORTHSIDE BAPTIST CHURCH INC OF LEXINGTON SOUTH CALEXINGTON, SCGeneral & Unrestricted$20k
LAKE GENEVA FOUNDATIONLAKE GENEVA, WIto purchase New Support Beam$15k
LAKE GENEVA FOUNDATIONLAKE GENEVA, WIto Purchase New Boiler$12k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Truax Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$151k
$423k
2023
$61k
$621k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Delaware

The Truax Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Delaware earns a median of $18,000.

25th percentile
$6k
Median
$18,000
75th percentile
$58k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 447 organizations across 447 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Delaware
FAQ

Common questions about The Truax Family Foundation

What are The Truax Family Foundation's revenue and expenses?

In 2024, The Truax Family Foundation reported $61k in total revenue and $621k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.