Troy Foundation for Educational
Troy Foundation for Educational is a private foundation, based in Troy, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $856K in total assets. In 2025, it awarded 3 grants totaling $9K. Net investment income was $46K.
Troy Foundation for Educational at a glance
In short: Troy Foundation for Educational gave $9K across 3 grants in 2025 (avg $3K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $8,500
- -86.8% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $2,833
- -91.2% vs 2024
- Median grant
- $2,000
- Total assets
- $855,975
- +8.8% vs 2024
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Troy Foundation for Educational funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Troy High School ($2K).
Organizations only. It also paid 2 grants to individuals ($6,500), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 10 grants of 12 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Troy Foundation for Educational gives
- Giving fell 94% from 2022 to 2025. Method
- In 2025 it paid out 19% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $9K (2025) to $135K (2022). In 2025 it made 3 grants totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 grants to individuals Recipients not named | — | $6,500 |
| Troy High School Troy, MI | Author Grant | $2,000 |
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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 | $855,975 | $122,324 | $51,114 | $8,500 | 3 | $8,500 | $45,643 | $44,080 |
| 2024 | $786,446 | $106,339 | $157,239 | $64,610 | 2 | $72,152 | $37,467 | $42,533 |
| 2023 | $853,316 | $95,664 | $120,121 | $38,883 | 3 | $68,323 | $13,224 | $41,267 |
| 2022 | $849,751 | $151,926 | $228,382 | $135,144 | 2 | $180,811 | $50,207 | $59,254 |
| 2021 | $926,207 | $65,440 | $52,451 | $36,824 | 2 | — | $35,241 | $54,085 |
| 2020 | $953,615 | $47,865 | $97,689 | $80,680 | 2 | — | $33,025 | $50,172 |
Under IRS private-foundation payout rules, Troy Foundation for Educational reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Troy Foundation for Educational is led by Alison Hendry, Executive Director on every filing since 2024; 1 of 13 officers listed in 2025 is compensated.
Officers on the 2025 filing
Alison Hendry
Executive Director
On filings since 2024
20 hrs/week
$68K (2024) → $21K (2025)
David Bosman
President
Treasurer → Vice President, 2022
Vice President → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Nancy Philippart
Trustee
Trustee → Executive Officio, 2022
Executive Officio → Trustee, 2024
On filings since 2020
No compensation reported
Bob Preston
Trustee
On filings since 2021
No compensation reported
Allan Palma
Trustee
On filings since 2023
No compensation reported
Anthony Rosenblum
Trustee
New on the 2025 filing
No compensation reported
Emily Schafer
Trustee
New on the 2025 filing
No compensation reported
Maha Gunaskearan
Trustee
New on the 2025 filing
No compensation reported
Manisha Sharan
Trustee
New on the 2025 filing
No compensation reported
Scott Timmreck
Trustee
New on the 2025 filing
No compensation reported
Kara Cross
Vice President
Trustee → Treasurer, 2022
Treasurer → Vice President, 2024
On filings since 2021
1 hr/week
No compensation reported
Morgan Stephens
Treasurer
Trustee → Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
Becky Henry
Secretary
On filings since 2024
1 hr/week
No compensation reported
Former officers (27)
- Former: Gayle Moran (2020–2024) — Trustee
- Former: Jennifer Gootlieb (2020–2024) — Trustee
- Former: Calvin Stephens (2023–2024) — Trustee
- Former: Lori Sisk (2023–2024) — Trustee
- Former: Dustin Harnish (2024) — Trustee
- Former: Kendra Montaine (2024) — Trustee
- Former: Reba McNally (2024) — Trustee
- Former: Rich Machesky (2024) — Trustee
- Former: Ann Toth (2020–2023) — Trustee
- Former: Barbara Fowler (2020–2023) — Secretary
- Former: Joe McClure (2020–2023) — Trustee
- Former: Robert Preston (2020–2023) — Trustee
- Former: Julie McClure (2023) — Trustee
- Former: Jeff Hendry (2020–2022) — Trustee
- Former: Julianne McClure (2020–2022) — President
- Former: Kerry Birmingham (2020–2022) — Executive Officio
- Former: Richard Machesky (2020–2022) — Executive Officio
- Former: Scott Germansky (2020–2022) — Trustee
- Former: Shama Kenkre (2020–2022) — Trustee
- Former: Barb Fowler (2021–2022) — Secretary
- Former: Nancy Pillipart (2021) — Trustee
- Former: David Lambert (2020) — Trustee
- Former: John Stindt (2020) — Trustee
- Former: Josephine Dannug (2020) — Trustee
- Former: Nan Stindt (2020) — Trustee
- Former: Paula Fleming (2020) — Trustee
- Former: Teri Brune (2020) — Trustee
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 $21K, to Alison Hendry (Ex Directo).
Frequently asked questions about Troy Foundation for Educational
How much does Troy Foundation for Educational give each year?
Troy Foundation for Educational gave $9K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $65K across 2 grants.
What is Troy Foundation for Educational's typical grant size?
Troy Foundation for Educational's median grant in 2025 was $2,000, and its average grant was $2,833, across 3 grants on its 2025 IRS Form 990-PF.
Where does Troy Foundation for Educational give grants?
Troy Foundation for Educational gives mostly in Michigan: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Troy Foundation for Educational give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Troy Foundation for Educational's 2025 IRS Form 990-PF were described as general or operating support.
How large is Troy Foundation for Educational?
Troy Foundation for Educational reported $856K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $44K (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 Troy Foundation for Educational's EIN?
Troy Foundation for Educational's EIN (Employer Identification Number) is 38-2868205. 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.
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 May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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