Tri-M Foundation
Tri-M Foundation is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 6 grants totaling $57K. Net investment income was $114K.
Key facts about Tri-M Foundation
In short: Tri-M Foundation gave $57K across 6 grants in 2025 (avg $9K), top state Minnesota. Source: 2025 IRS Form 990-PF.
- EIN
- 47-0943697
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $56,516
- Grants made (2025)
- 6
- Average grant
- $9,419
- Median grant
- $10,000
- Total assets
- $1,087,675
- Primary geography
- Minnesota (35% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.1M
+3.5% YoY
Annual Giving
$57K
+8.8% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$9K
+8.8% YoY
Under IRS private-foundation payout rules, Tri-M Foundation reported a distributable amount of $63K for 2025 — the minimum it must pay out in qualifying distributions.
How Tri-M Foundation gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Open Grants
1 open opportunity from Tri-M Foundation
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $52K (2024) to $64K (2021). In 2025 it made 6 grants totaling $57K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Penfold Theatre Company ($10K). Together the top 6 received $57K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Penfold Theatre Company Round Rock, TX | In Support of Performances. | $10,216 |
| Theatre Nohgaku Belmont, MI | In Support of Performances. | $10,000 |
| Puppeteers of America Minneapolis, MN | In Support of Performances. | $10,000 |
| In the Heart of the Beast Puppet & Mask Theatre Minneapolis, MN | In Support of Performances. | $10,000 |
| Anaconda Ensemble Theatre Anaconda, MT | In Support of Performances. | $9,300 |
| Franklin Stage Company Franklin, NY | In Support of Performances. | $7,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,087,675 | $1,050,406 | $1,091,659 |
| Revenue | $118,826 | $31,615 | $35,530 |
| Expenses | $81,557 | $72,868 | $80,676 |
| Qualifying Distributions | $58,016 | $53,428 | $64,400 |
| Net Investment Income | $113,826 | $31,452 | $14,874 |
| Distributable Amount | $63,159 | $61,462 | $57,401 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Tri-M Foundation is led by Zachary Christman, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Zachary Christman
President
On filings since 2020
5 hrs/week
No compensation reported
Eric Mund
Director
On filings since 2020
5 hrs/week
No compensation reported
Matthew Collins
Secretary & Treasurer
On filings since 2020
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Tri-M Foundation
How much does Tri-M Foundation give each year?
Tri-M Foundation gave $57K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $52K across 6 grants.
What is Tri-M Foundation's typical grant size?
Tri-M Foundation's median grant in 2025 was $10,000, and its average grant was $9,419, across 6 grants on its 2025 IRS Form 990-PF.
Where does Tri-M Foundation give grants?
Tri-M Foundation's top state is Minnesota, with 35% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Texas (18%) and Michigan (18%). The most frequent recipient cities were Minneapolis, MN (2 grants).
Does Tri-M Foundation give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Tri-M Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "In Support of Performances." (6 grants).
Who are Tri-M Foundation's largest grantees?
Tri-M Foundation's largest 2025 grantees include Penfold Theatre Company ($10,216), Theatre Nohgaku ($10,000) and Puppeteers of America ($10,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is Tri-M Foundation?
Tri-M Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $63K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Tri-M Foundation?
Tri-M Foundation is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. It holds $1.1M in total assets as of 2025.
What is Tri-M Foundation's EIN?
Tri-M Foundation's EIN (Employer Identification Number) is 47-0943697. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Tri-M Foundation by hand.
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