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
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.
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
Among its reported 2024 grants, the largest include The Manufacturing Institute ($1,130,000), Emergency Assistance Foundation Inc ($1,038,109), Foundation for the Carolinas ($933,334).
| Recipient | Purpose | Amount |
|---|---|---|
| UK Online Giving Foundation | Working to improve philanthropy in the united kingdom. | $8,766 |
| Scholarship America ST PETER, MN | TO ELIMINATE BARRIERS TO EDUCATIONAL SUCCESS SO THAT ANY STUDENT CAN PURSUE THEIR DREAM. | $127,770 |
| LaAmistad Inc Atlanta, GA | TO PREPARE LATINO STUDENTS AND FAMILIES FOR SUCCESS THROUGH ACADEMIC AND LIFE ENRICHMENT PROGRAMS. | $80,000 |
| Junior Achievement of Ctrl Carolina Charlotte, NC | Helps prepare todays students for a bright future. | $50,000 |
| Project Scientist Laguna Beach, CA | To ignite and cultivate stem confidence in all girls. | $410,000 |
| American Online Giving Foundation Newark, DE | Primarily education | $668,514 |
| Redeem Detroit Detroit, MI | Create young educated and employed homeowners in the city of Detroit; thereby revitalizing entire neighborhoods socially and economically. | $100,000 |
| ADA JENKINS CENTER DAVIDSON, NC | TO HELP PEOPLE IN THE COMMUNITY CREATE LASTING SOLUTIONS FOR ECONOMIC STABILITY. | $20,000 |
| Reading is Fundamental Washington, DC | To ensure all children have the ability to read and succeed. | $299,837 |
| OPPORTUNITY AT WORK WASHINGTON, DC | TO REWIRE THE U.S. LABOR MARKET SO THAT ALL INDIVIDUALS SKILLED THROUGH ALTERNATIVE ROUTES CAN WORK LEARN AND EARN TO THEIR FULL POTENTIAL. | $125,000 |
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
Frequently Asked Questions
What does Trane Technologies Charitable Foundation fund?
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 &…
How do I apply for a grant from Trane Technologies Charitable Foundation?
The foundation operates several grant programs: **Matching Gift Program**: The foundation matches contributions made by employees of Trane Technologies to the United Way and to educational institutions on a one-for-one basis. **Dollars for Doers**: The foundation awards grants to nonprofit organizations with which employees and teams of employees of Trane Technologies volunteer. **Priority Issue Grants**: The foundation awards grants to programs designed to address priority issues including ene…
Where does Trane Technologies Charitable Foundation make 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.
What size grants does Trane Technologies Charitable Foundation award?
In 2024, Trane Technologies Charitable Foundation awarded 26 grants totaling $7.4M — an average of about $285K per grant, based on its IRS Form 990 filings.
How much is Trane Technologies Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Trane Technologies Charitable Foundation reported a distributable amount of $167K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Trane Technologies Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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