Trane Technologies Charitable Foundation
The Trane Technologies Charitable Foundation is a corporate foundation established in 2004 and headquartered in Davidson, North Carolina. As a 501(c)(3) organization, it has been tax-exempt since February 2005. The foundation is sponsored by Trane Technologies (formerly known as Ingersoll Rand) and operates as a grantmaking organization focused on advancing quality of life and building safe, efficient, and educated communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-30.2% YoY
Annual Giving
$7.4M
+11.4% YoY
Grant Count
26
-16.1% YoY
Avg Grant Size
$285K
+32.8% YoY
Mission & Focus Areas
The foundation supports programs designed to advance quality of life and build safe, efficient and educated communities, with special emphasis directed toward programs designed to create a world of sustainable progress.
Primary funding areas include:
- Education: Elementary and secondary education, STEM education, and higher education
- Environment: Natural resources, energy resources, and energy efficiency
- Health: Public health, physical fitness, and nutrition
- Public Safety & Disaster Management: Disasters and emergency management
- Agriculture: Fishing and forestry
- Community & Economic Development: Housing development and human services
Grantmaking
The foundation operates several grant programs:
Grant Range
s range from $8,800 to $1.1 million, with a median grant of $113,000. The foundation made 26 grants in the most recent reporting period.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across numerous cities and states in the United States, including Charlotte, Denver, and San Francisco. International funding locations include Cirencester and Clondalkin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Revenue: $6,603,185
- Expenses: $7,500,000
- Total Assets: $2,060,000
- Total Liabilities: $0
Fiscal Year 2023:
- Total Revenues: $7,930,199
- Total Expenses: $6,660,805
- Total Assets: $2,953,984
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $2,060,757 | $2,953,984 | $949,422 |
| Revenue | $6,603,185 | $7,930,199 | $5,202,263 |
| Expenses | $7,496,411 | $6,660,805 | $7,321,452 |
| Qualifying Distributions | $7,410,646 | $6,652,432 | $7,236,802 |
| Net Investment Income | $366 | $1,823 | $21 |
| Distributable Amount | $166,636 | $81,664 | $120,963 |
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
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- David S. Regnery: President (0.04 hours/week, no compensation)
- Carrie A. Ruddy: Vice President (5 hours/week, no compensation)
- Evan M Turtz: Secretary Director (0.25 hours/week, no compensation)
- Christopher Donohoe: VP Treasurer (0.02 hours/week, no compensation)
- Vanessa Heffron: Assistant Treasurer (0.02 hours/week, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David S Regnery | President | 0.04 | — |
| Evan M Turtz | Secretary Director | 0.25 | — |
| Carrie A Ruddy | Vice President | 5 | — |
| Christopher Donohoe | VP Treasurer | 0.02 | — |
| Vanessa Heffron | Assistant Treasurer | 0.02 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated active grantmaking in recent years. Notable recent grants include a $1.5 million grant to the Science Museum of Minnesota to empower youth through STEM programs and a $75,000 grant to FeedNC in 2025. The foundation continues to support education, environmental sustainability, and community development initiatives through its various grant programs.
Trane Technologies Charitable Foundation awards $75,000 grant to FeedNCThe foundation maintains limited paid staffing, with leadership serving on a volunteer or minimal-hours basis, indicating a lean operational structure focused on grantmaking activities.
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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