The Trunk Is up Inc

NEW YORK, NY EIN: 85-2520473

The Trunk Is up Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 9 grants totaling $303K. Net investment income was $1.7M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.3M

+29.1% YoY

Annual Giving

$303K

+87.9% YoY

Grant Count

9

-40.0% YoY

Avg Grant Size

$34K

+213.1% YoY

Under IRS private-foundation payout rules, The Trunk Is up Inc reported a distributable amount of $214K for 2024 — the minimum it must pay out in qualifying distributions.

About The Trunk Is up Inc

Based on IRS filings

The Trunk Is up Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 9 grants totaling $303K. Net investment income was $1.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Bedford HillsBridgeportBrooklynChesnut RidgeGreenwichMillwoodNashvilleNew YorkNorwalkRidgewoodRyeSouth SalemStamfordTrumbillWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$6,337,185$4,910,263$4,924,775
Revenue$2,151,283$162,445$1,889,368
Expenses$330,604$176,957$114,260
Qualifying Distributions$257,120$163,720$110,640
Net Investment Income$1,690,068$172,411$915,473
Distributable Amount$213,834$248,169$231,075

Giving Over Time

Total grant dollars and number of grants per year

$0$76K$151K$227K$303K2 grants20207 grants20214 grants202215 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

AMALGAMATED CHARITABLE F…$145KOZUAH FAMILY FOUNDATION$50KANIMAL NATION$25KBRENNAN CENTER FOR JUSTICE$20KSHATTERPROOF$15KTRANSGENDER LEGAL DEFENS…$15KSMILE TRAIN$13KCAMP FIRE CONSERVATION F…$10KKING SCHOOL$10K

Grant Size Distribution

37 grants across all recorded years

35<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Amalgamated Charitable Foundation ($145,000), Ozuah Family Foundation ($50,000), Animal Nation ($25,000).

RecipientPurposeAmount
ANIMAL NATION SOUTH SALEM, NYGENERAL SUPPORT$25,000
CAMP FIRE CONSERVATION FUND INC MILLWOOD, NYGENERAL SUPPORT$10,000
KING SCHOOL STAMFORD, CTGENERAL SUPPORT$10,000
SHATTERPROOF NORWALK, CTGENERAL SUPPORT$15,000
TRANSGENDER LEGAL DEFENSE AND EDUCATION FUND NEW YORK, NYGENERAL SUPPORT$15,000
OZUAH FAMILY FOUNDATION CHESNUT RIDGE, NYGENERAL SUPPORT$50,000
SMILE TRAIN NEW YORK, NYGENERAL SUPPORT$12,500
BRENNAN CENTER FOR JUSTICE NEW YORK, NYGENERAL SUPPORT$20,000
AMALGAMATED CHARITABLE FOUNDATION WASHINGTON, DCGENERAL SUPPORT$145,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLINE MANOCHERIANPRES/TREAS. AS REQ'D0.1
KEITH HAMLINVICE-PRES/SEC'Y AS REQ'D0.1
JOHN F MANOCHERIANVICE-PRES. AS REQ'D0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Trunk Is up Inc?

The Trunk Is up Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $6.3M in total assets as of 2024.

How large is The Trunk Is up Inc?

As of 2024, The Trunk Is up Inc holds $6.3M in total assets with $2.2M in annual revenue. It awarded 9 grants totaling $303K in 2024.

Where does The Trunk Is up Inc operate?

The Trunk Is up Inc has awarded grants in Connecticut, District of Columbia, New York, Tennessee.

What size grants does The Trunk Is up Inc award?

In 2024, The Trunk Is up Inc awarded 9 grants totaling $303K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is The Trunk Is up Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Trunk Is up Inc reported a distributable amount of $214K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Trunk Is up Inc's EIN?

The Trunk Is up Inc's EIN (Employer Identification Number) is 85-2520473. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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