Trico Foundation

MARANA, AZ EIN: 94-2941045 Website

The Trico Foundation is a private foundation based in Marana, Arizona, established in 1984. The foundation is affiliated with Trico Electric Cooperative and operates as a 501(c)(3) organization dedicated to supporting education and community development in southern Arizona.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.8M

+10.2% YoY

Annual Giving

$514K

+7.5% YoY

Grant Count

113

-13.7% YoY

Avg Grant Size

$5K

+24.6% YoY

Under IRS private-foundation payout rules, Trico Foundation reported a distributable amount of $255K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary mission is to provide educational opportunities and support to members of Trico Electric Cooperative and their families. Core program areas include:

College Scholarships: Awards scholarships to active members of Trico Electric Cooperative and their immediate family members pursuing higher education at universities, community colleges, and vocational institutions
Youth Leadership Development: Sponsors high school juniors on an annual week-long educational tour of Washington, D.C., where students visit national monuments, memorials, museums, and the U.S. Capitol Building alongside approximately 1,800 students from electric cooperatives across the country

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily serves the Trico Electric Cooperative service territory in southern Arizona, with a particular focus on Pima County and surrounding areas.

Grant Distribution by State

Arizona $1.1M (99%)

Ohio $8K (1%)

Texas $3K (0%)

States

Arizona Colorado Ohio Texas

Cities

ArivacaAustinChesterlandCorona De TucsonCoronoaFort CollinsGreen ValleyMaranaMesaPhoenixSahuaritaSasabeTucsonVail

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

Total Assets: $5,256,859
Total Revenues: $718,343
Total Expenses: $496,392
Total Grants, Contributions: $489,158
Investment Income and Dividends: $79,985
Net Gain from Sale of Non-Inventory Assets: $149,200

Revenue Trends:

Total revenues increased 1.8% from 2022 to 2023
Grants and contributions increased 16.7% year-over-year
Investment income and dividends increased 34.9% year-over-year

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,794,455	$5,256,859	$4,830,465
Revenue	$955,428	$718,343	$705,894
Expenses	$560,798	$496,392	$467,986
Qualifying Distributions	$556,351	$493,313	$464,001
Net Investment Income	$370,853	$227,585	$286,689
Distributable Amount	$254,528	$227,771	$227,750

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Abel Samantha ($5,750), Aldrich Nathan ($5,750), Alsop Evan ($5,750).

Recipient	Purpose	Amount
ABEL SAMANTHA MESA, AZ	SCHOLARSHIP	$5,750
ALDRICH NATHAN TUCSON, AZ	SCHOLARSHIP	$5,750
ALSOP EVAN SAHUARITA, AZ	SCHOLARSHIP	$5,750
ALSOP SYDNEY SAHUARITA, AZ	SCHOLARSHIP	$1,125
ALVAREZ YVETTE TUCSON, AZ	SCHOLARSHIP	$5,750
ARANDA ALYSSA MARANA, AZ	SCHOLARSHIP	$2,750
ARRINGTON RYLEE VAIL, AZ	SCHOLARSHIP	$5,750
ARZAGA CIARRA MARANA, AZ	SCHOLARSHIP	$2,625
BACKENKELLER JADE TUCSON, AZ	SCHOLARSHIP	$2,750
BARCZAK CONNOR TUCSON, AZ	SCHOLARSHIP	$5,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARSHA THOMPSON	PRESIDENT	1	—
JOE KING	VICE PRESIDENT	1	—
KEVIN MCCARTHY	TREASURER	1	—
DAVID PROCTOR	SECRETARY	1	—
JERRY RUTHERFORD	TRUSTEE	1	—
DARRELL BIRKHIMER	TRUSTEE	1	—

Recent News & Activity

Recent developments and announcements

The foundation continues to actively support its core mission of providing educational scholarships and youth development opportunities. Historical impact includes awarding over $4.7 million in scholarships to more than 778 students since 1985, demonstrating sustained commitment to member education and family support.

Trico Foundation scholarships awarded

Frequently Asked Questions

What does Trico Foundation fund?

The foundation's primary mission is to provide educational opportunities and support to members of Trico Electric Cooperative and their families. Core program areas include: • **College Scholarships**: Awards scholarships to active members of Trico Electric Cooperative and their immediate family members pursuing higher education at universities, community colleges, and vocational institutions • **Youth Leadership Development**: Sponsors high school juniors on an annual week-long educational tou…

How do I apply for a grant from Trico Foundation?

**Scholarship Program** • Since 1985, the foundation has awarded over $4.7 million in scholarships, benefiting more than 778 students • In 2023, the foundation made 84 grants **Grant Activity** • The foundation made 84 grants in the most recent reporting year

Where does Trico Foundation make grants?

The foundation primarily serves the Trico Electric Cooperative service territory in southern Arizona, with a particular focus on Pima County and surrounding areas.

What size grants does Trico Foundation award?

In 2024, Trico Foundation awarded 113 grants totaling $514K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Trico Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Trico Foundation reported a distributable amount of $255K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.