TRC Resource Foundation Inc

CHATTANOOGA, TN EIN: 81-0757948

TRC Resource Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11K in total assets. In 2024, it awarded 7 grants totaling $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11K

-42.4% YoY

Annual Giving

$21K

-70.8% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$3K

-75.0% YoY

Under IRS private-foundation payout rules, TRC Resource Foundation Inc reported a distributable amount of $816 for 2024 — the minimum it must pay out in qualifying distributions.

About TRC Resource Foundation Inc

Based on IRS filings

TRC Resource Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11K in total assets. In 2024, it awarded 7 grants totaling $21K.

Ready to take the next step with TRC Resource Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ChattanoogaFort OglethorpePikevilleRocky FaceRossvilleSignal MountainTunnel Hill

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$48K$72K$96K20202021202220232024
Metric202420232022
Total Assets$10,968$19,039$15,792
Revenue$12,583$87,208$28,000
Expenses$20,654$70,743$32,283
Qualifying Distributions$20,654$70,743$32,383
Net Investment Income
Distributable Amount$816$816$634

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$35K$53K$71K8 grants20203 grants20216 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Charity Alder Family$6KJasmine Clark Family$4KDominique Durden Family$4KAlexandra Donaldson Family$3KLinda Jackson Family$2KMisty Loveday Family$2KElvia Valdez Family$550

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Charity Alder Family ($6,209), Jasmine Clark Family ($3,718), Dominique Durden Family ($3,648).

RecipientPurposeAmount
Charity Alder Family Signal Mountain, TNAssistance to local Family for Basic Living Needs$6,209
Dominique Durden Family Chattanooga, TNAssistance to local Family for Basic Living Needs$3,648
Jasmine Clark Family Rossville, GAAssistance to local Family for Basic Living Needs$3,718
Linda Jackson Family Chattanooga, TNAssistance to local Family for Basic Living Needs$2,454
Elvia Valdez Family Rocky Face, GAAssistance to local Family for Basic Living Needs$550
Alexandra Donaldson Family Chattanooga, TNAssistance to local Family for Basic Living Needs$2,551
Misty Loveday Family Chattanooga, TNAssistance to local Family for Basic Living Needs$1,524

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jerry RouechePresident1
Karen Walden SimpsonSecretary1
JD D NicholasTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is TRC Resource Foundation Inc?

TRC Resource Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. It holds $11K in total assets as of 2024.

How large is TRC Resource Foundation Inc?

As of 2024, TRC Resource Foundation Inc holds $11K in total assets with $13K in annual revenue. It awarded 7 grants totaling $21K in 2024.

Where does TRC Resource Foundation Inc operate?

TRC Resource Foundation Inc has awarded grants in Georgia, Tennessee.

What size grants does TRC Resource Foundation Inc award?

In 2024, TRC Resource Foundation Inc awarded 7 grants totaling $21K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is TRC Resource Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, TRC Resource Foundation Inc reported a distributable amount of $816 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is TRC Resource Foundation Inc's EIN?

TRC Resource Foundation Inc's EIN (Employer Identification Number) is 81-0757948. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in TRC Resource Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with TRC Resource Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching TRC Resource Foundation Inc to a real strategy.

Plan your approach