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.

The Fiona and Rick True Charitable Trust at a glance

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.

Annual giving (2024)
$365,653
+6.4% vs 2023
Grants made (2024)
18
-14.3% vs 2023
Average grant
$20,314
+24.2% vs 2023
Median grant
$5,000
Total assets
$5,372,695
-5.2% vs 2023
Primary geography
New York (48% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to The Fiona and Rick True Charitable Trust

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.

Contact

Mailing address: 2462 Long Ridge Rd, Stamford, CT 06903
Phone: (203) 322-5695

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Fiona and Rick True Charitable Trust funds

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%).

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

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.

Giving History

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.

Grants by year

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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$5,372,695$112,503$406,674$365,65318$374,679$83,507$312,753
2023$5,666,866$6,045,453$378,587$343,55021$345,419$73,457$255,467

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.

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. Its 2024 filing, the latest on this page, reports 18 grants totaling $365,653.

The largest 2024 grants listed were $150,000 to Ackerman Institute for the Family, $73,653 to African Community & Conservation Foundation, $50,000 to UNCF, $20,000 to Migrant and Immigrant Community Action Project, and $15,000 to PENCIL Inc. Other listed grants included $10,000 each to Center for Medicare Advocacy and Monhegan Museum, and $5,000 each to Public Citizen, Guilford College, Elevated Access, Wellspring Health Access, and Darien Book Aid.

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).

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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

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Cite this profile

Grantable. (2026). The Fiona and Rick True Charitable Trust funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/the-fiona-and-rick-true-charitable-trust-morg_41864b4bc1f3414496ce44236caeaf8e

BibTeX
@misc{grantable_874593675_2026,
  author       = {{Grantable}},
  title        = {{The Fiona and Rick True Charitable Trust funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-fiona-and-rick-true-charitable-trust-morg_41864b4bc1f3414496ce44236caeaf8e},
  note         = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Fiona and Rick True Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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