Alice and Russell True Foundation

WASHINGTON, DC EIN: 52-2048715

The Alice and Russell True Foundation is a private foundation based in Washington, DC, established in 1997. It operates as a 501(c)(3) exempt private foundation with no employees, relying on volunteer leadership to direct its philanthropic activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.0M

-9.8% YoY

Annual Giving

$1.1M

-0.5% YoY

Grant Count

19

+5.6% YoY

Avg Grant Size

$58K

-5.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily provides support in the following areas:

  • Food Security: Providing food to families struggling with hunger
  • Education: Supporting the education of students and education-focused programs
  • Health Services: Funding health-related initiatives and care services
  • Human Services: Supporting various human services programs
  • Historic Preservation: Contributing to the preservation of historic structures

Grantmaking

The foundation appears to accept new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

$10,000 to $230,000

Average Grant

Approximately $223,000

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states and regions, including:

  • District of Columbia
  • Maryland
  • Vermont
  • Connecticut
  • California
  • Texas

Specific cities where the foundation has provided support include Bethesda, Garden Valley, Hyattsville, Irvine, Middlebury, Stamford, and Washington.

Grant Distribution by State

6states

Cities

BethesdaGarden ValleyHyattsvilleIrvineMiddleburyStamfordWashingonWashingtonWashinton

Financial History

Multi-year comparison from IRS filings

As of 2024

  • Total assets: $5,975,598
  • Total revenues: $575,941
  • Total expenses: $1,223,471
  • Number of employees: 0

As of 2023

  • Total assets: $23,000,000 (per alternative source)
  • Total distributions: $1,100,000

The foundation maintains a substantial asset base and demonstrates consistent annual giving activity.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$342K$684K$1M$1M20202021202220232024
Metric202420232022
Total Assets$5,975,598$6,623,128$7,137,277
Revenue$575,941$702,332$400,221
Expenses$1,223,471$1,216,481$1,244,402
Qualifying Distributions$1,101,681$1,106,893$1,131,425
Net Investment Income$466,758$596,201$287,094
Distributable Amount$1,202,161$1,099,942$1,100,713

Giving Over Time

Total grant dollars and number of grants per year

$0$283K$565K$848K$1M15 grants202015 grants202118 grants202218 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WASHINGTON NATIONAL CATH…$230KTHE WADSWORTH SULGRAVE H…$100KGEORGETOWN UNIVERSITY$90KWASHINGTON NATIONAL EYE …$90KMIDDLEBURY COLLEGE$75KWASHINGTON TENNIS & EDUC…$75KLATIN AMERICAN YOUTH CEN…$70KFREE WHEELCHAIR MISSION$65KPLANNED PARENTHOOD OF ME…$50KSO OTHERS MIGHT EAT (SOME)$50K

Grant Size Distribution

85 grants across all recorded years

32<$50K34$50–100K19$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by volunteer leadership:

  • Alice True Gasch: President and Treasurer (3 hours per week, no compensation)
  • Linda Brown: Secretary (1 hour per week, no compensation)
  • Lawrence True: Director (1 hour per week, no compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALICE TRUE GASCHPRESIDENT/TREASURER3
LINDA BROWNSECRETARY1
LAWRENCE TRUEDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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