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Filing year 2024

TRUST FUNDS INCORPORATED

Sacramento, California·EIN 94-6062952·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$900k
Total assets
$4.1M
Total expenses
$757k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

President
Board President
Median to 75th percentile
$57k
$61k
CFO
10th to 25th percentile
$6k
$6k
Director
Unclassified
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TRUST FUNDS INCORPORATED equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$516k

Itemized grants

51

Median grant

$10k

RecipientLocationPurposeAmount
DOROTHY DAY HOUSEBERKELEY, CATUITION ASSISTANCE$20k
FAMILY PROMISE OF SACRAMENTOSACRAMENTO, CADIGITAL & MEDICAL SERVICES FOR PREGNANCY CENTERS$20k
LOAVES & FISHES FAMILY KITCHENSAN JOSE, CACLIENT ASSISTANCE FUND$20k
SACRAMENTO LOAVES & FISHESSACRAMENTO, CAGENERAL FUNDING$20k
SVDP HOLY SPIRIT CONFERENCE TPHSSACRAMENTO, CATUITION ASSISTANCE$20k
SVDP SAN FRANCISCOSAN FRANCISCO, CATUITION ASSISTANCE$20k
EPIPHANY CENTERSAN FRANCISCO, CACHILDRENS'S FUND FOR NEEDY CHILDREN$15k
FREE TO BESAN FRANCISCO, CATUITION ASSISTANCE$15k
INSIGHT HOUSINGBERKELEY FOOD & HOUSING PROJECTBERKELEY, CALOW INCOME HOUSING ASSISTANCE$15k
OUR LADY OF REFUGE PARISHSAN JOSE, CACURRICULUM MATERIALS$15k
ST ELIZABETH SETON SCHOOLPALO ALTO, CATUITION ASSISTANCE$15k
CARE THROUGH TOUCH INSTITUTESAN FRANCISCO, CAGENERAL FUNDING$15k
MISSION DOLORES ACADEMYSAN FRANCISCO, CATUITION ASSISTANCE$13k
ALL SOULS CATHOLIC SCHOOLSOUTH SAN FRANCISCO, CAPREGNANCY CARE AND SUPPORT$10k
BELLE PRIMARY CARESAN FRANCISCO, CASCHOLARSHIPS FOR RETREATANTS$10k
CASTELLO DOMINICAN MISSIONARIES FOR THE DEAF APOSTOLATENEWARK, NJGENERAL FUNDING$10k
CATHOLIC CHARITIES OF SAN FRANCISCOSAN FRANCISCO, CAGENERAL FUNDING$10k
CLARA'S HOUSESACRAMENTO, CAGENERAL FUNDING$10k
ECOLE NOTRE DAME DES VICTOIRESSAN FRANCISCO, CASTATUES AND GARDEN SHED$10k
NOTRE DAME HIGH SCHOOL BELMONTBELMONT, CATUITION ASSISTANCE$10k
OUR LADY OF MOUNT CARMEL SCHOOLREDWOOD CITY, CATUITION ASSISTANCE$10k
OUR LADY OF PERPETUAL HELP SCHOOLDALY CITY, CATUITION ASSISTANCE$10k
OUR LADY OF THE VISITACION SCHOOLSAN FRANCISCO, CATUITION ASSISTANCE$10k
ST EDWARD SCHOOLNEWARK, CATUITION ASSISTANCE$10k
ST ELIZABETH ELEMENTARY SCHOOLOAKLAND, CATUITION ASSISTANCE$10k
Compare this foundation's grantees

Held steady
from 2023

From $57k in 2023 to $57k in 2024.

$57k
2023
$57k
2024
In today's dollarsEst.
Down 3% in real terms$62k to $61k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 6%.

$57k in 2023 to $57k in 2024.
  • Chief Financial Officer pay rose 100% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TRUST FUNDS INCORPORATED

What does the Board President of TRUST FUNDS INCORPORATED earn?

In 2024, the Board President of TRUST FUNDS INCORPORATED received $56,964 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at TRUST FUNDS INCORPORATED compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2024 pay of the Board President at TRUST FUNDS INCORPORATED falls between the median and the 75th percentile. In 2024, the highest total compensation at TRUST FUNDS INCORPORATED equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are TRUST FUNDS INCORPORATED's revenue and expenses?

In 2024, TRUST FUNDS INCORPORATED reported $900k in total revenue and $757k 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.