The Fiona and Rick True Charitable Trust

Private foundation · Grantmaker Stamford, CT EIN: 87-4593675

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.

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

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

15states

Share of 2024 grant dollars across all 18 itemized grants.

Cities

New YorkWashingtonBrooklynChampaignGreensboroMansfieldSt. LouisStamfordArlingtonBarringtonBostonCasperDarienGreenwichGrreat BarringtonMonheganPalm BeachShort HillsTucsonWallingford

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K21 grants2023 18 grants2024

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

Ackerman Institute for the Family: $150KAckerman Institute for theFamily$150KAfrican Community & Conservation Foundation: $74KAfrican Community &Conservation Foundation$74KUNCF: $50KUNCF$50KMigrant and Immigrant Community Action Project (Mica): $20KMigrant and ImmigrantCommunity Action Project…$20KPencil Inc: $15KPencil Inc$15KCenter for Medicare Advocacy: $10KCenter for Medicare Advocacy$10KMonhegan Museum: $10KMonhegan Museum$10KPublic Citizen: $5KPublic Citizen$5KGuilford College: $5KGuilford College$5KElevated Access: $5KElevated Access$5K

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

34<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 39 (87%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ackerman Institute for the Family New York, NYAs per Recipient's Designated Purpose$150,000
African Community & Conservation Foundation Palm Beach, FLAs per Recipient's Designated Purpose$73,653
UNCF Washington, DCAs per Recipient's Designated Purpose$50,000
Migrant and Immigrant Community Action Project (Mica) St. Louis, MOAs per Recipient's Designated Purpose$20,000
Pencil Inc New York, NYAs per Recipient's Designated Purpose$15,000
Center for Medicare Advocacy Mansfield, CTAs per Recipient's Designated Purpose$10,000
Monhegan Museum Monhegan, MEAs per Recipient's Designated Purpose$10,000
Public Citizen Washington, DCAs per Recipient's Designated Purpose$5,000
Guilford College Greensboro, NCAs per Recipient's Designated Purpose$5,000
Elevated Access Champaign, ILAs 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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2023 2024
Metric20242023
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

  1. 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

Richard L True — Trustee: $5KRichard L TrueTrustee$5K

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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