The David and June Trone Family

BETHESDA, MD EIN: 45-3564622

The David and June Trone Family Foundation is a private grantmaking foundation established in Maryland in 2011 and based in Bethesda, MD. The foundation operates as a 501(c)(3) organization dedicated to philanthropic giving across education, human services, and civil liberties.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$4.5M

+2.7% YoY

Grant Count

26

-7.1% YoY

Avg Grant Size

$172K

+10.6% YoY

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

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education — particularly higher education initiatives and academic programs
  • Mental Health — research and support services related to mental health and addiction
  • Human Services
  • Civil Liberties and Justice
  • Jewish Life and Community

Grantmaking

The foundation has also supported the American Civil Liberties Union, establishing the Trone Center of Justice and Equality.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on:

  • Maryland
  • District of Columbia
  • South Carolina

Grant Distribution by State

13states
+5 more states

Cities

BALTIMOREBETHESDABaltimoreBethesdaCATONSVILLECOLUMBIACRESAPTOWNCollege ParkDallasFREDERICKGAITHERSBURGGREENVILLEGaithersburgGreenvilleHAGERSTOWNHYATTSVILLEHagarstownMinneaolisNEW YORKNEW YORK CITY

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $8,656,895
  • Total Expenses: $4,391,665
  • Total Revenues: -$31,053
  • Total Liabilities: $0
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M36 grants202125 grants202228 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FURMAN UNIVERSITY$1.5MAMERICAN UNIVERSITY$1.0MFURMAN UNIVERSITY$500KJOHNS HOPKINS MEDICINE$325KFURMAN UNIVERSITY$300KFURMAN UNIVERSITY$200KUNIVERSITY OF PITTSBURGH…$200KAMERICAN ISRAEL EDUCATIO…$75KJEWISH NATIONAL FUND-USA…$70KCROHN'S AND COLITIS FOUN…$50K

Grant Size Distribution

115 grants across all recorded years

74<$50K16$50–100K6$100–250K5$250–500K6$500K–1M8$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

David Trone — Director of the foundation. He founded Total Wine, the nation's largest wine and spirits retailer and largest domestic distributor of Israeli wines. He served as the representative for Maryland's 6th Congressional District for six years, focusing on issues including the opioid epidemic, mental health, medical research, immigration, and criminal justice reform. He is an alumnus of Furman University.

June Trone — Co-founder of the foundation's philanthropic work. She has been engaged in various Jewish and secular causes for decades and serves on the Board of Directors of the Jewish Electoral Institute.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID TRONETRUSTEE
JUNE TRONETRUSTEE
MICHELLE TRONETRUSTEE
JULIA TRONETRUSTEE
NATALIE TRONETRUSTEE
ROBERT J TRONETRUSTEE

Recent News & Activity

Recent developments and announcements

The Trones have made significant recent philanthropic commitments:

**Furman University**: Provided a $10 million gift to support mental health initiatives and Hillel programming, including the Trone Center for Mental Health and the Hillel Endowment Fund

Congressman David Trone \u201977 and wife June give Furman $10 million to\

**American University**: Provided the naming gift for the Trone Family Center for Jewish Life (future home of American University Hillel) and previously supported the university's Jewish Studies Program and the Center for Neuroscience and Behavior

AU receives $5 million neuroscience gift from University trustee

**Penn Wharton Public Policy Initiative**: Made a $5 million gift to support the initiative

The Penn Wharton Public Policy Initiative Announces $5 Million Gift from

The foundation's work reflects a commitment to mental health research, Jewish life on college campuses, civil liberties, and addressing social issues including addiction and criminal justice reform.

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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