El & Ruth Torrance Memorial Trust

WACO, TX EIN: 74-6447246

El & Ruth Torrance Memorial Trust is a private foundation, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 9 grants totaling $307K. Net investment income was $203K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

-3.0% YoY

Annual Giving

$307K

+12.9% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$34K

+12.9% YoY

About El & Ruth Torrance Memorial Trust

Based on IRS filings

El & Ruth Torrance Memorial Trust is a private foundation, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 9 grants totaling $307K. Net investment income was $203K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

LincolnTampaTempleWaco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$97K$193K$290K$387K20202021202220232024
Metric202420232022
Total Assets$3,458,658$3,565,831$3,741,327
Revenue$243,943$132,950$146,858
Expenses$351,408$315,868$343,496
Qualifying Distributions$307,267$272,176$278,880
Net Investment Income$203,186$123,235$100,592
Distributable Amount$268,969$258,378$269,660

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$154K$230K$307K7 grants20208 grants20219 grants20229 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

FIRST UNITED METHODIST C…$66KBAYLOR SCOTT & WHITE - C…$46KSHRINERS CRIPPLED CHILDR…$46KCHRISTIAN RECORD BRAILLE…$35KMETHODIST CHILDREN'S HOME$31KPROVIDENCE HEALTH CENTER$31KCHRISTIAN RECORD SERVICES$27KMCLENNAN COUNTY CARDIO-P…$15KAUSTIN AVENUE METHODIST …$11K

Grant Size Distribution

42 grants across all recorded years

36<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

COMMUNITY BANK TRUSTTRUSTEE$41K

From 2024 filing

NameTitleHoursCompensation
COMMUNITY BANK TRUSTTRUSTEE1$40,757

Related Funders

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

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