Richard B Truex Foundation Inc
Richard B Truex Foundation Inc is a private foundation, based in Temple Terrace, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $372K in total assets. In 2023, it awarded 6 grants totaling $58K. Net investment income was $6K.
Richard B Truex Foundation Inc at a glance
In short: Richard B Truex Foundation Inc gave $58K across 6 grants in 2023 (avg $10K), mostly in Florida. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $58,409
- -45.0% vs 2022
- Grants made (2023)
- 6
- -45.5% vs 2022
- Average grant
- $9,735
- +0.9% vs 2022
- Median grant
- $4,300
- Total assets
- $371,950
- -14.8% vs 2022
- Primary geography
- Florida (76% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Richard B Truex Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
The largest 2023 recipient was Temple Terrace Church of Christ ($39K). Together the top 6 received $58K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 29 grants of 29 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
Cities
How Richard B Truex Foundation Inc gives
- Giving grew 105% from 2020 to 2023. Method
- In 2023 it paid out 393% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $29K (2020) to $106K (2022). In 2023 it made 6 grants totaling $58K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Temple Terrace Church of Christ Temple Terrace, FL | Evangelism | $38,909 |
| Wallingford CT Church of Christ Wallingford, CT | Evangelism | $6,000 |
| Off the Chain Ministry Middleburg, FL | Evangelism | $5,600 |
| Christians in Boston Boston, MA | Evangelism | $3,000 |
| Inlight Inc Spring Branch, TX | Evangelism | $2,500 |
| Stallings Drive Church of Christ Stallings Drive, TX | Evangelism | $2,400 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | $371,950 | $14,618 | $73,582 | $58,409 | 6 | $68,901 | $5,713 | $17,554 |
| 2022 | $436,422 | $53,270 | $108,831 | $106,153 | 11 | $108,782 | $53,221 | $24,828 |
| 2021 | $491,983 | $97,422 | $89,683 | $70,371 | 8 | $81,955 | $89,694 | $32,740 |
| 2020 | $484,429 | $44,508 | $32,510 | $28,557 | 4 | — | $44,508 | $27,668 |
Under IRS private-foundation payout rules, Richard B Truex Foundation Inc reported a distributable amount of $18K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Richard B Truex Foundation Inc is led by Donald C. Truex, Executive Director & Director on every filing since 2020; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Donald C. Truex
Executive Director & Director
On filings since 2020
4 hrs/week
No compensation reported
Darlene A. Walker
Secretary & Director
On filings since 2020
2 hrs/week
No compensation reported
Vickie Lynn Truex
Director
On filings since 2020
1 hr/week
No compensation reported
David T. Thomley
Treasurer & Director
New on the 2023 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: David T. Thomely (2020–2022) — Treasurer & Director
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Richard B Truex Foundation Inc
How much does Richard B Truex Foundation Inc give each year?
Richard B Truex Foundation Inc gave $58K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $106K across 11 grants.
What is Richard B Truex Foundation Inc's typical grant size?
Richard B Truex Foundation Inc's median grant in 2023 was $4,300, and its average grant was $9,735, across 6 grants on its 2023 IRS Form 990-PF.
Where does Richard B Truex Foundation Inc give grants?
Richard B Truex Foundation Inc gives mostly in Florida: 76% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (10%) and Texas (8%).
Does Richard B Truex Foundation Inc give general operating support?
Not in 2023: none of the 6 grants with a stated purpose on Richard B Truex Foundation Inc's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Evangelism" (6 grants).
Who are Richard B Truex Foundation Inc's largest grantees?
Richard B Truex Foundation Inc's largest 2023 grantees include Temple Terrace Church of Christ ($38,909), Wallingford CT Church of Christ ($6,000) and Off the Chain Ministry ($5,600), according to its 2023 IRS Form 990-PF. Together they received 86% of its itemized 2023 grant dollars.
How large is Richard B Truex Foundation Inc?
Richard B Truex Foundation Inc reported $372K in total assets on its 2023 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).
What is Richard B Truex Foundation Inc's EIN?
Richard B Truex Foundation Inc's EIN (Employer Identification Number) is 61-1370073. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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