Torrey Foundation
Torrey Foundation is a private foundation, based in Berkeley, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.2M in total assets. In 2024, it awarded 3 grants totaling $1.0M. Net investment income was $891K.
Torrey Foundation at a glance
In short: Torrey Foundation gave $1.0M across 3 grants in 2024 (avg $333K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,000,010
- -13.0% vs 2023
- Grants made (2024)
- 3
- +200.0% vs 2023
- Average grant
- $333,337
- -71.0% vs 2023
- Median grant
- $8
- Total assets
- $16,249,051
- +2.3% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Torrey Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Impactassets Home Office ($1.0M). Together the top 3 received $1.0M.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Torrey Foundation gives
- Giving fell 64% from 2021 to 2024. Method
- In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.0M (2024) to $2.8M (2021). In 2024 it made 3 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Impactassets Home Office Bethesda, MD | Charitable | $1,000,000 |
| Align Impact Fund II LP West Conshohocken, PA | Charitable | $8 |
| Align Impact Fund LP Santa Monica, CA | Charitable | $2 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $16,249,051 | $1,067,724 | $1,170,828 | $1,000,010 | 3 | $1,000,010 | $891,246 | $755,701 |
| 2023 | $15,880,000 | $641,780 | $1,281,649 | $1,150,000 | 1 | $1,150,000 | $510,037 | $723,878 |
| 2022 | $14,811,555 | $631,777 | $1,972,657 | $1,800,000 | 1 | $1,800,000 | $165,858 | $802,417 |
| 2021 | $19,357,610 | $3,353,177 | $2,939,967 | $2,750,000 | 1 | $2,750,000 | $248,801 | $911,151 |
| 2020 | $19,792,308 | $-406,220 | $2,230,358 | $2,030,120 | 2 | — | $206,625 | $840,619 |
Under IRS private-foundation payout rules, Torrey Foundation reported a distributable amount of $756K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Torrey Foundation is led by T. Wilson, President & Secretary since 2023 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
T. Wilson
President & Secretary
Secretary → President & Secretary, 2023
On filings since 2020
No compensation reported
M. Wilson
Treasurer
On filings since 2020
No compensation reported
Former officers (2)
- Former: Maya Chakko (2023) — Treasurer
- Former: L. Wilson (2020–2022) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Torrey Foundation
How much does Torrey Foundation give each year?
Torrey Foundation gave $1.0M across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 1 grant.
What is Torrey Foundation's typical grant size?
Torrey Foundation's median grant in 2024 was $8, and its average grant was $333,337, across 3 grants on its 2024 IRS Form 990-PF.
Where does Torrey Foundation give grants?
Torrey Foundation gives mostly in Maryland: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Torrey Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Torrey Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).
How large is Torrey Foundation?
Torrey Foundation reported $16.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $756K (roughly 5% of its investment assets).
What is Torrey Foundation's EIN?
Torrey Foundation's EIN (Employer Identification Number) is 88-0268986. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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