Trane Technologies Charitable Foundation
The Trane Technologies Charitable Foundation is a private foundation based in Davidson, North Carolina. Its 2024 grants supported organizations working in areas including manufacturing careers, education and literacy, STEM learning, employee hardship assistance, and community and cultural programs.
Trane Technologies Charitable Foundation at a glance
In short: Trane Technologies Charitable Foundation gave $7.4M across 26 grants in 2024 (avg $285K), top state District of Columbia. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,410,646
- +11.4% vs 2023
- Grants made (2024)
- 26
- -16.1% vs 2023
- Average grant
- $285,025
- +32.8% vs 2023
- Median grant
- $112,500
- Total assets
- $2,060,757
- -30.2% vs 2023
- New grantees (estimate)
- 27% first-time grantees (7 of 26, 2024)
- Primary geography
- District of Columbia (28% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Trane Technologies Charitable Foundation
- How to Apply
-
The filing lists Carrie A. Ruddy as the contact for applications. Applicants should submit a letter and a publication explaining the organization’s purpose, history, and scope, together with current financial information. The filing states that equipment is not donated, grant requests must be at least $10,000, and university matching is $15,000 of the employee annual limit.
- Contact
Application contact: Carrie A Ruddy
Mailing address: 800 E Beaty Street, Davidson, NC 28036
Phone: (704) 655-4000
Website: https://tranetechnologies.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Trane Technologies Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Manufacturing Institute ($1.1M). Together the top 10 received $6.3M.
Organizations only. It also paid 1 grant to individuals ($30,000), which are not listed by name.
Grant Size Distribution
91 grants across all recorded years
The most common grant size was under $50K: 27 grants of 91 (30%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars were concentrated in Washington, DC (28%), North Carolina (26%), Florida (14%), Delaware (9%), and Minnesota (8%). Recipients also included organizations in California and Maryland.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
States
Cities
Is Trane Technologies Charitable Foundation open to new grantees?
27%
first-time grantees, 2024
In 2024, 7 of 26 grantees (27%) were first-time recipients. First grants averaged $169K; repeat grants $328K. How we count
Medians: $98K first-time, $125K repeat.
- 69% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+2%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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
From 2020 to 2024, annual grant giving ranged from $5.6M (2020) to $7.4M (2024). In 2024 it made 26 grants totaling $7.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Manufacturing Institute Washington, DC | To inspire educate and empower the manufacturing workforce of today and tomorrow. | $1,130,000 |
| Emergency Assistance Foundation Inc West Palm Beach, FL | Provide direct financial support for employees facing challenges in the aftermath of natural disasters or dealing with hardship from unforeseen personal events. | $1,038,109 |
| Foundation for the Carolinas Charlotte, NC | Inspires philanthropy and empowers individuals to create a better community. | $933,334 |
| American Online Giving Foundation Newark, DE | Primarily education | $668,514 |
| Oneten Coalition Inc Washington, DC | To hire promote and advance one million black individuals who do not have a four-year degree into family-sustaining careers over the next ten years | $500,000 |
| Charlotte Symphony Charlotte, NC | The Charlotte Symphony uplifts entertains and educates the diverse communities of Charlotte-Mecklenburg and beyond through exceptional musical experiences. | $500,000 |
| Science Museum of Minnesota St. Paul, MN | To turn on the science: inspire learning. Inform policy. Improve lives. | $493,602 |
| Project Scientist Laguna Beach, CA | To ignite and cultivate stem confidence in all girls. | $410,000 |
| Reading is Fundamental Washington, DC | To ensure all children have the ability to read and succeed. | $299,837 |
| Digibridge Charlotte, NC | Digi-Bridge sparks interest and passion in science technology engineering arts and math steam learning ensuring that students have the opportunities and skills to succeed in a rapidly-changing world by fostering curiosity creativity exploration persistence and resilience. | $290,000 |
Ready to take the next step with Trane Technologies Charitable Foundation?
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 | $2,060,757 | $6,603,185 | $7,496,411 | $7,410,646 | 26 | $7,410,646 | $366 | $166,636 |
| 2023 | $2,953,984 | $7,930,199 | $6,660,805 | $6,652,432 | 31 | $6,652,432 | $1,823 | $81,664 |
| 2021 | $949,422 | $5,202,263 | $7,321,452 | $7,236,802 | 26 | $7,236,802 | $21 | $120,963 |
| 2020 | $3,002,553 | $6,109,601 | $5,642,457 | $5,557,064 | 8 | — | $265 | $78,003 |
Under IRS private-foundation payout rules, Trane Technologies Charitable Foundation reported a distributable amount of $167K 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
The available statements do not provide a specific mission statement for the foundation. Its 2024 grants show support for a range of organizations and activities. For example, The Manufacturing Institute describes its mission as building a resilient manufacturing workforce, while Reading Is Fundamental says it works to inspire children’s joy of reading and create skilled readers. Digi-Bridge says it promotes STEAM learning, and the Science Museum of Minnesota states its mission is to “turn on the science: inspire learning. inform policy. improve lives.”
Other 2024 recipients included Emergency Assistance Foundation, which says it provides financial assistance after disasters and personal hardships, and Project Scientist, whose stated mission is to expose girls to a high-quality STEM academy. The Charlotte Symphony described its work as uplifting, entertaining, and educating communities through musical experiences.
Grantmaking
In filing year 2024, the foundation reported 26 grants totaling $7,410,646. Grants ranged from $8,766 to $1,130,000, with a median of $112,500.
Among the largest 2024 grants were $1,130,000 to The Manufacturing Institute; $1,038,109 to Emergency Assistance Foundation; $933,334 to Foundation for the Carolinas; $668,514 to American Online Giving Foundation; and $500,000 each to ONETEN Coalition and the Charlotte Symphony. Other notable grants included $493,602 to the Science Museum of Minnesota, $410,000 to Project Scientist, $299,837 to Reading Is Fundamental, and $290,000 to Digi-Bridge.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David S. Regnery as President; Evan M. Turtz as Secretary Director; Carrie A. Ruddy as Vice President; Christopher Donohoe as VP Treasurer; and Vanessa Heffron as Assistant Treasurer.
Trane Technologies Charitable Foundation is led by David S Regnery, President on every filing since 2021; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
David S Regnery
President
On filings since 2021
0 hrs/week
No compensation reported
Evan M Turtz
Secretary Director
On filings since 2020
0.3 hrs/week
No compensation reported
Carrie A Ruddy
Vice President
Director → Vice President, 2023
On filings since 2020
5 hrs/week
No compensation reported
Christopher Donohoe
Vice President Treasurer
On filings since 2023
0 hrs/week
No compensation reported
Vanessa Heffron
Assistant Treasurer
On filings since 2023
0 hrs/week
No compensation reported
Former officers (4)
- Former: Scott R Williams (2020–2023) — Assistant Treasurer
- Former: Marcia J. Avedon (2020–2021) — Vice President
- Former: Michael W. Lamach (2020) — President
- Former: Richard E. Daudelin (2020) — Treasurer Director
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 Trane Technologies Charitable Foundation
How much does Trane Technologies Charitable Foundation give each year?
Trane Technologies Charitable Foundation gave $7.4M across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.7M across 31 grants.
What is Trane Technologies Charitable Foundation's typical grant size?
Trane Technologies Charitable Foundation's median grant in 2024 was $112,500, and its average grant was $285,025, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Trane Technologies Charitable Foundation that year got $169K on average.
Where does Trane Technologies Charitable Foundation give grants?
Trane Technologies Charitable Foundation's top state is District of Columbia, with 28% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were North Carolina (26%) and Florida (14%). The most frequent recipient cities were Charlotte, NC (6 grants) and Washington, DC (4 grants).
Does Trane Technologies Charitable Foundation give general operating support?
Not in 2024: none of the 26 grants with a stated purpose on Trane Technologies Charitable Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Trane Technologies Charitable Foundation's largest grantees?
Trane Technologies Charitable Foundation's largest 2024 grantees include The Manufacturing Institute ($1,130,000), Emergency Assistance Foundation Inc ($1,038,109) and Foundation for the Carolinas ($933,334), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($30,000), which are not listed by name. Together they received 42% of its itemized 2024 grant dollars.
How large is Trane Technologies Charitable Foundation?
Trane Technologies Charitable Foundation reported $2.1M in total assets on its 2024 IRS Form 990-PF. It paid out $7.4M in qualifying distributions that year, against a required minimum of $167K (roughly 5% of its investment assets).
What does Trane Technologies Charitable Foundation fund?
The available statements do not provide a specific mission statement for the foundation. Its 2024 grants show support for a range of organizations and activities. See mission & focus areas ↑
How do I apply for a grant from Trane Technologies Charitable Foundation?
The filing lists Carrie A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Trane Technologies Charitable Foundation's EIN?
Trane Technologies Charitable Foundation's EIN (Employer Identification Number) is 20-2045897. IRS Form 990 filing data is available on this page for 2020–2024.
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
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Trane Technologies Charitable Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Trane Technologies Charitable Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/trane-technologies-charitable-foundation-morg_4d7ba11bc2874759adf998c5469d95a5
BibTeX
@misc{grantable_202045897_2026,
author = {{Grantable}},
title = {{Trane Technologies Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/trane-technologies-charitable-foundation-morg_4d7ba11bc2874759adf998c5469d95a5},
note = {Accessed 2026-10-13. 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 Trane Technologies Charitable Foundation'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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