Triangle Foundation Inc
Triangle Foundation Inc is a private foundation based in Lafayette, Indiana. Its 2025 filing reports 11 grants totaling $89,350. The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Triangle Foundation Inc at a glance
In short: Triangle Foundation Inc gave $89K across 11 grants in 2025 (avg $8K), mostly in Michigan. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $89,350
- -10.8% vs 2024
- Grants made (2025)
- 11
- +120.0% vs 2024
- Average grant
- $8,123
- -59.5% vs 2024
- Median grant
- $6,600
- Total assets
- $855,212
- -40.7% vs 2024
- New grantees (estimate)
- 55% first-time grantees (6 of 11, 2025; small sample)
- Primary geography
- Michigan (69% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Triangle Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 711 E Columbia St, Lafayette, IN 47905
Phone: (765) 474-3776
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Triangle Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Operation Injured Soldier ($28K). Together the top 10 received $89K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 29 grants of 32 (91%).
Geographic Focus
Where this funder awards grants
The 2025 filing shows grant dollars going to recipients in Michigan (69%), Indiana (29%), and Maryland (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Triangle Foundation Inc open to new grantees?
55%
first-time grantees, 2025
In 2025, 6 of 11 grantees (55%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $4K; repeat grants $13K. How we count
Medians: $375 first-time, $10K repeat.
- 36% of 2025 grantees were also funded in 2024. Method
- Giving grew 191% from 2022 to 2025. Method
- In 2025 it paid out 147% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $18K (2020) to $100K (2024). In 2025 it made 11 grants totaling $89K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Operation Injured Soldier South Lyon, MI | Support | $27,500 |
| South Lyon Education Foundation South Lyon, MI | Support | $20,000 |
| Ican Zionsville, IN | Support | $15,000 |
| Carroll High School Baseball Flora, IN | Support | $10,000 |
| Salem Bible Church Northville, MI | Support | $7,200 |
| Pastor Lance Rubringer Northville, MI | Support | $6,600 |
| Roger Stevenson Rockville, MD | Support | $2,000 |
| Cutler Ridge Benevolent Church Cutler, IN | Support | $550 |
| St Jude Hospital Indianapolis, IN | Support | $200 |
| The Berean Way Fellowship Lafayette, IN | Support | $200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $855,212 | $-440,929 | $146,409 | $89,350 | 11 | $133,227 | $78,488 | $90,331 |
| 2024 | $1,442,550 | $-86,051 | $151,442 | $100,200 | 5 | $147,634 | $41,506 | $105,069 |
| 2023 | $1,679,293 | $961,438 | $115,781 | $78,000 | 6 | $115,781 | $53,960 | $94,148 |
| 2022 | $833,636 | $64,521 | $65,662 | $30,700 | 6 | $65,662 | — | $60,306 |
| 2021 | $837,811 | $260,553 | $77,783 | $54,825 | 4 | $77,783 | — | $61,440 |
| 2020 | $655,042 | $44,974 | $41,112 | $18,120 | 4 | — | — | $33,062 |
Under IRS private-foundation payout rules, Triangle Foundation Inc reported a distributable amount of $90K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
Truth FM says it is committed to presenting the Good News of Jesus Christ through Bible-based programming. Its website describes weekday programming as Bible teaching and weekend programming as covering biblical and cultural topics with a biblical focus. The 2025 grants listed in the filing are marked “SUPPORT”; no further purposes are specified.
Grantmaking
In filing year 2025, the foundation gave $89,350 through 11 grants. Grant amounts ranged from $100 to $27,500, with a median grant of $6,600.
The largest listed grants were $27,500 to Operation Injured Soldier, $20,000 to South Lyon Education Foundation, $15,000 to ICAN, $10,000 to Carroll High School Baseball, and $7,200 to Salem Bible Church.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David M Stevenson as director, Diana S Gorman as secretary, Gregory A Stevenson as treasurer, Roger D Stevenson as president, and Seth M Eldridge as vice president.
Triangle Foundation Inc is led by Roger D. Stevenson, President since 2024 (on filings since 2020); 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
Roger D. Stevenson
President
Vice President → President, 2024
On filings since 2020
No compensation reported
David M. Stevenson
Director
President → Director, 2024
On filings since 2020
No compensation reported
Seth M. Eldridge
Vice President
On filings since 2024
$2K (2024) → $4K (2025)
Diana S. Gorman
Secretary
On filings since 2024
No compensation reported
Gregory A. Stevenson
Treasurer
On filings since 2024
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $4K, to Seth M Eldridge (Vice Pres).
Frequently asked questions about Triangle Foundation Inc
How much does Triangle Foundation Inc give each year?
Triangle Foundation Inc gave $89K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 5 grants.
What is Triangle Foundation Inc's typical grant size?
Triangle Foundation Inc's median grant in 2025 was $6,600, and its average grant was $8,123, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Triangle Foundation Inc that year got $4K on average.
Where does Triangle Foundation Inc give grants?
Triangle Foundation Inc gives mostly in Michigan: 69% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Indiana (29%). The most frequent recipient cities were South Lyon, MI (2 grants) and Northville, MI (2 grants).
Does Triangle Foundation Inc give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Triangle Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (11 grants).
Who are Triangle Foundation Inc's largest grantees?
Triangle Foundation Inc's largest 2025 grantees include Operation Injured Soldier ($27,500), South Lyon Education Foundation ($20,000) and Ican ($15,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.
How large is Triangle Foundation Inc?
Triangle Foundation Inc reported $855K in total assets on its 2025 IRS Form 990-PF. It paid out $133K in qualifying distributions that year, against a required minimum of $90K (roughly 5% of its investment assets).
What does Triangle Foundation Inc fund?
Truth FM says it is committed to presenting the Good News of Jesus Christ through Bible-based programming. Its website describes weekday programming as Bible teaching and weekend programming as covering biblical and cultural topics with a biblical focus. See mission & focus areas ↑
How do I apply for a grant from Triangle Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Triangle Foundation Inc's EIN?
Triangle Foundation Inc's EIN (Employer Identification Number) is 35-1904937. IRS Form 990 filing data is available on this page for 2020–2025.
Does Triangle Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Triangle Foundation Inc'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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