Triangle Foundation Inc
Triangle Foundation Inc is a private foundation, based in LAFAYETTE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-14.1% YoY
Annual Giving
$100K
+28.5% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$20K
+54.2% YoY
Under IRS private-foundation payout rules, Triangle Foundation Inc reported a distributable amount of $105K for 2024 — the minimum it must pay out in qualifying distributions.
About Triangle Foundation Inc
Based on IRS filings
Triangle Foundation Inc is a private foundation, based in LAFAYETTE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $42K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,442,550 | $1,679,293 | $833,636 |
| Revenue | $-86,051 | $961,438 | $64,521 |
| Expenses | $151,442 | $115,781 | $65,662 |
| Qualifying Distributions | $147,634 | $115,781 | $65,662 |
| Net Investment Income | $41,506 | $53,960 | — |
| Distributable Amount | $105,069 | $94,148 | $60,306 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lafayette Parks Department ($85,000), Salem Bible Church ($11,200), Pastor Lance Rubringer ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LAFAYETTE PARKS DEPARTMENT LAFAYETTE, IN | SUPPORT | $85,000 |
| SALEM BIBLE CHURCH SALEM, MI | SUPPORT | $11,200 |
| CARROLL HIGH SCHOOL BASEBALL FLORA, IN | SUPPORT | $1,000 |
| OPERATION INJURED SOLDIER SOUTH LYNON, MI | SUPPORT | $1,000 |
| PASTOR LANCE RUBRINGER NORTHVILLE, MI | SUPPORT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID M STEVENSON | DIRECTOR | — | — |
| DIANA S GORMAN | SECRETARY | — | — |
| GREGORY A STEVENSON | TREASURER | — | — |
| ROGER D STEVENSON | PRESIDENT | — | — |
| SETH M ELDRIDGE | VICE PRES | — | $2,000 |
Frequently Asked Questions
How large is Triangle Foundation Inc?
As of 2024, Triangle Foundation Inc holds $1.4M in total assets with $-86,051 in annual revenue. It awarded 5 grants totaling $100K in 2024.
Where does Triangle Foundation Inc operate?
Triangle Foundation Inc has awarded grants in Florida, Indiana, Michigan, Texas.
What size grants does Triangle Foundation Inc award?
In 2024, Triangle Foundation Inc awarded 5 grants totaling $100K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Triangle Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Triangle Foundation Inc reported a distributable amount of $105K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Browse active grant opportunities in Triangle Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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