Alice and Russell True Foundation
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
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
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
85 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALICE TRUE GASCH | PRESIDENT/TREASURER | 3 | — |
| LINDA BROWN | SECRETARY | 1 | — |
| LAWRENCE TRUE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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