The Fiona and Rick True Charitable Trust
The Fiona and Rick True Charitable Trust is a private foundation based in Stamford, Connecticut. It made 18 grants totaling $365,653 in 2024 to charitable organizations, including organizations working in education, health care access, immigrant communities, and conservation.
Key facts about The Fiona and Rick True Charitable Trust
In short: The Fiona and Rick True Charitable Trust gave $366K across 18 grants in 2024 (avg $20K), top state New York. Source: 2024 IRS Form 990-PF.
- EIN
- 87-4593675
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $365,653
- Grants made (2024)
- 18
- Average grant
- $20,314
- Median grant
- $5,000
- Total assets
- $5,372,695
- Primary geography
- New York (48% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
-5.2% YoY
Annual Giving
$366K
+6.4% YoY
Grant Count
18
-14.3% YoY
Avg Grant Size
$20K
+24.2% YoY
Under IRS private-foundation payout rules, The Fiona and Rick True Charitable Trust reported a distributable amount of $313K for 2024 — the minimum it must pay out in qualifying distributions.
How The Fiona and Rick True Charitable Trust gives
- 33% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 120% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. For example, PENCIL Inc says it connects New York City students with opportunities for success; the Center for Medicare Advocacy describes its work as advancing access to Medicare coverage, health equity, and quality health care; and Elevated Access says its volunteer pilots provide free transportation to health care. The Center for Biological Diversity says it works to protect species and the lands, waters, and climate they need to survive.
Grantmaking
In 2024, the foundation awarded 18 grants totaling $365,653. Grants ranged from $1,000 to $150,000, with a median grant of $5,000. In 2023, it reported 21 grants totaling $343,550.
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Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to recipients in New York (48%), Florida (20%), and Washington, DC (16%). Other listed recipient-state shares were Missouri (5%) and Connecticut (4%).
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $344K (2023) to $366K (2024). In 2024 it made 18 grants totaling $366K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Ackerman Institute for the Family ($150K). Together the top 10 received $344K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 34 grants of 39 (87%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ackerman Institute for the Family New York, NY | As per Recipient's Designated Purpose | $150,000 |
| African Community & Conservation Foundation Palm Beach, FL | As per Recipient's Designated Purpose | $73,653 |
| UNCF Washington, DC | As per Recipient's Designated Purpose | $50,000 |
| Migrant and Immigrant Community Action Project (Mica) St. Louis, MO | As per Recipient's Designated Purpose | $20,000 |
| Pencil Inc New York, NY | As per Recipient's Designated Purpose | $15,000 |
| Center for Medicare Advocacy Mansfield, CT | As per Recipient's Designated Purpose | $10,000 |
| Monhegan Museum Monhegan, ME | As per Recipient's Designated Purpose | $10,000 |
| Public Citizen Washington, DC | As per Recipient's Designated Purpose | $5,000 |
| Guilford College Greensboro, NC | As per Recipient's Designated Purpose | $5,000 |
| Elevated Access Champaign, IL | As per Recipient's Designated Purpose | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $5,372,695 | $112,503 | $406,674 | $365,653 |
| 2023 | $5,666,866 | $6,045,453 | $378,587 | $343,550 |
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $5,372,695 | $5,666,866 |
| Revenue | $112,503 | $6,045,453 |
| Expenses | $406,674 | $378,587 |
| Qualifying Distributions | $374,679 | $345,419 |
| Net Investment Income | $83,507 | $73,457 |
| Distributable Amount | $312,753 | $255,467 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Leadership team and compensation from IRS filings
Richard L. True is listed as trustee on the 2024 filing.
The Fiona and Rick True Charitable Trust is led by Richard L. True, Trustee on every filing since 2023 — the only officer listed, and compensated.
Officers on the 2024 filing
Richard L. True
Trustee
On filings since 2023
1 hr/week
$5K (2024)
Former officers (1)
- Former: Nehemiah McLellan Jr Revocable Trus (2023) — Manager
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $5K, to Richard L True (Trustee).
Contact
Mailing address: 2462 Long Ridge Rd, Stamford, CT 06903
Phone: (203) 322-5695
Frequently asked questions about The Fiona and Rick True Charitable Trust
How much does The Fiona and Rick True Charitable Trust give each year?
The Fiona and Rick True Charitable Trust gave $366K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $344K across 21 grants.
What is The Fiona and Rick True Charitable Trust's typical grant size?
The Fiona and Rick True Charitable Trust's median grant in 2024 was $5,000, and its average grant was $20,314, across 18 grants on its 2024 IRS Form 990-PF.
Where does The Fiona and Rick True Charitable Trust give grants?
The Fiona and Rick True Charitable Trust's top state is New York, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (20%) and District of Columbia (16%). The most frequent recipient cities were New York, NY (4 grants) and Washington, DC (3 grants).
Does The Fiona and Rick True Charitable Trust give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on The Fiona and Rick True Charitable Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "As per Recipient's Designated Purpose" (18 grants).
Who are The Fiona and Rick True Charitable Trust's largest grantees?
The Fiona and Rick True Charitable Trust's largest 2024 grantees include Ackerman Institute for the Family ($150,000), African Community & Conservation Foundation ($73,653) and UNCF ($50,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is The Fiona and Rick True Charitable Trust?
The Fiona and Rick True Charitable Trust reported $5.4M in total assets on its 2024 IRS Form 990-PF. It paid out $375K in qualifying distributions that year, against a required minimum of $313K (roughly 5% of its investment assets).
What does The Fiona and Rick True Charitable Trust fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from The Fiona and Rick True Charitable Trust?
The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Fiona and Rick True Charitable Trust's EIN?
The Fiona and Rick True Charitable Trust's EIN (Employer Identification Number) is 87-4593675. IRS Form 990 filing data is available on this page for 2023–2024.
Does The Fiona and Rick True Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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