Torras Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRUNSWICK, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 18 grants totaling $27K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-0.4% YoY
Annual Giving
$27K
-48.0% YoY
Grant Count
18
-18.2% YoY
Avg Grant Size
$1K
-36.5% YoY
Under IRS private-foundation payout rules, Torras Foundation Inc reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.
About Torras Foundation Inc
Based on IRS filings
Torras Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRUNSWICK, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 18 grants totaling $27K. Net investment income was $45K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,014,302 | $1,018,461 | $1,077,827 |
| Revenue | $72,042 | $-5,057 | $3,187 |
| Expenses | $76,201 | $54,309 | $54,309 |
| Qualifying Distributions | $30,460 | $53,983 | $49,750 |
| Net Investment Income | $45,471 | $38,969 | $23,411 |
| Distributable Amount | $43,960 | $49,892 | $56,288 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Forward Brunswick Inc ($5,000), Keep Golden Isles Beautiful ($5,000), The College of Coastal Ga Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICA'S SECOND HARVEST OF COASTAL GA BRUNSWICK, GA | FOR OPERATIONAL ACTIVITIES | $1,000 |
| COASTAL GEORGIA HONOR FLIGHT INC ST SIMONS ISLAND, GA | FOR OPERATIONAL ACTIVITIES | $500 |
| COASTAL SYMPHONY OF GEORGIA ST SIMONS ISLAND, GA | FOR OPERATIONAL ACTIVITIES | $1,000 |
| FIRST PRESBYTERIAN CHURCH BRUNSWICK, GA | FOR OPERATIONAL ACTIVITIES | $1,000 |
| FORWARD BRUNSWICK INC BRUNSWICK, GA | FOR OPERATIONAL ACTIVITIES | $5,000 |
| GLYNN VISUAL ARTS SAINT SIMONS ISLAND, GA | FOR OPERATIONAL ACTIVITIES | $500 |
| GOLDEN ISLES LIVE SAINT SIMONS ISLAND, GA | FOR OPERATIONAL ACTIVITIES | $500 |
| GOLDEN ISLES YMCA FOUNDATION BRUNSWICK, GA | FOR OPERATIONAL ACTIVITIES | $1,000 |
| HOSPICE OF THE GOLDEN ISLES BRUNSWICK, GA | FOR OPERATIONAL ACTIVITIES | $1,000 |
| HUMANE SOCIETY OF SOUTH COASTAL GEORGIA BRUNSWICK, GA | FOR OPERATIONAL ACTIVITIES | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBORAH J TORRAS | PRESIDENT | — | — |
| J BRIAN TORRAS | VICE PRESIDENT | — | — |
| ROBERT MICHAEL TORRAS | DIRECTOR | — | — |
| ROBERT M TORRAS JR | DIRECTOR | — | — |
| DAREN PIETSCH | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Torras Foundation Inc?
Torras Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRUNSWICK, GA. It holds $1.0M in total assets as of 2024.
How large is Torras Foundation Inc?
As of 2024, Torras Foundation Inc holds $1.0M in total assets with $72K in annual revenue. It awarded 18 grants totaling $27K in 2024.
Where does Torras Foundation Inc operate?
Torras Foundation Inc has awarded grants in Georgia.
What size grants does Torras Foundation Inc award?
In 2024, Torras Foundation Inc awarded 18 grants totaling $27K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Torras Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Torras Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Torras Foundation Inc's EIN?
Torras Foundation Inc's EIN (Employer Identification Number) is 20-4004024. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Torras Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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