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Filing year 2024

TROAN FOUNDATION INC

Raleigh, North Carolina·EIN 56-2203535·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$175k
Total assets
$1.9M
Total expenses
$169k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. TROAN FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Secretary & Treasurer
Chairman & President
Director

Grants paid

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

Total granted

$149k

Itemized grants

7

Median grant

$20k

RecipientLocationPurposeAmount
NC STATE ENGINEERING FOUNDATIONRALEIGH, NCEDUCATIONAL SERVICES AND SCHOOLS$63k
MOREHEAD PLANETARIUM AND SCIENCE CENTERCHAPEL HILL, NCEDUCATIONAL SERVICES$25k
SOUTH CAROLINA GOVERNORS SCHOOL FOR SCIENCE & MATHEMATICS FOUNDATION INCCOLUMBIA, NCEDUCATIONAL SERVICES AND SCHOOLS$20k
NORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATIONDURHAM, NCSUPPORT OF ACADEMIC AND EDUCATIONAL PROGRAMS$20k
NC DISASTER RELIEF FUNDRALEIGH, NCDISASTER RELIEF$11k
FOOD BANK OF NCRALEIGH, NCFOOD BANKS & FOOD PANTRIES FOR FAMILIES STRUGGLING WITH HUNGER$5k
A PLACE AT THE TABLERALEIGH, NCNONPROFIT CAFE PROVIDING FOOD FOR THE HUNGRY$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

TROAN FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$84k
$148k
2023
$175k
$169k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

TROAN FOUNDATION INC 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 TROAN FOUNDATION INC

What are TROAN FOUNDATION INC's revenue and expenses?

In 2024, TROAN FOUNDATION INC reported $175k in total revenue and $169k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.