Troan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 7 grants totaling $149K. Net investment income was $157K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+0.3% YoY
Annual Giving
$149K
+13.9% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$21K
+30.2% YoY
About Troan Foundation Inc
Based on IRS filings
Troan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 7 grants totaling $149K. Net investment income was $157K.
Focus Areas
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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 | $1,854,458 | $1,848,636 | $1,911,021 |
| Revenue | $174,766 | $84,343 | $49,701 |
| Expenses | $168,720 | $147,921 | $157,722 |
| Qualifying Distributions | $151,106 | $132,202 | $138,500 |
| Net Investment Income | $157,152 | $68,638 | $35,254 |
| Distributable Amount | $143,351 | $127,051 | $127,884 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIK W TROAN | CHAIRMAN & PRESIDENT | 0.25 | — |
| BRIGID V TROAN | SECRETARY & TREASURER | 0.25 | — |
| BARBARA TROAN | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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