Richard B Truex Foundation Inc
Richard B Truex Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$372K
-14.8% YoY
Annual Giving
$58K
-45.0% YoY
Grant Count
6
-45.5% YoY
Avg Grant Size
$10K
+0.9% YoY
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.
About Richard B Truex Foundation Inc
Based on IRS filings
Richard B Truex Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $371,950 | $436,422 | $491,983 |
| Revenue | $14,618 | $53,270 | $97,422 |
| Expenses | $73,582 | $108,831 | $89,683 |
| Qualifying Distributions | $68,901 | $108,782 | $81,955 |
| Net Investment Income | $5,713 | $53,221 | $89,694 |
| Distributable Amount | $17,554 | $24,828 | $32,740 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Temple Terrace Church of Christ ($38,909), Wallingford Ct Church of Christ ($6,000), Off the Chain Ministry ($5,600).
| Recipient | Purpose | Amount |
|---|---|---|
| TEMPLE TERRACE CHURCH OF CHRIST TEMPLE TERRACE, FL | EVANGELISM | $38,909 |
| STALLINGS DRIVE CHURCH OF CHRIST STALLINGS DRIVE, TX | EVANGELISM | $2,400 |
| OFF THE CHAIN MINISTRY MIDDLEBURG, FL | EVANGELISM | $5,600 |
| WALLINGFORD CT CHURCH OF CHRIST WALLINGFORD, CT | EVANGELISM | $6,000 |
| CHRISTIANS IN BOSTON BOSTON, MA | EVANGELISM | $3,000 |
| INLIGHT INC SPRING BRANCH, TX | EVANGELISM | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD C TRUEX | EXEC DIR/ DI | 4 | — |
| DAVID T THOMLEY | TREAS/DIRECT | 1 | — |
| DARLENE A WALKER | SEC/DIRECTOR | 2 | — |
| VICKIE LYNN TRUEX | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard B Truex Foundation Inc?
Richard B Truex Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPLE TERRACE, FL. It holds $372K in total assets as of 2023.
How large is Richard B Truex Foundation Inc?
As of 2023, Richard B Truex Foundation Inc holds $372K in total assets with $15K in annual revenue. It awarded 6 grants totaling $58K in 2023.
Where does Richard B Truex Foundation Inc operate?
Richard B Truex Foundation Inc has awarded grants in Alabama, Connecticut, District of Columbia, Florida, Massachusetts, New York, Tennessee, Texas.
What size grants does Richard B Truex Foundation Inc award?
In 2023, Richard B Truex Foundation Inc awarded 6 grants totaling $58K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Richard B Truex Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Richard B Truex Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Browse active grant opportunities in Richard B Truex Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.