BUILDING A THRIVING COMMUNITY BY EMPOWERING A DIVERSE BASE OF ENTREPRENEURS AND BUSINESSES THROUGH ACCESS TO CAPITAL, EDUCATION, ADVOCACY AND OPPORTUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.6M
+5.1% YoY
Revenue
$4.6M
+22.0% YoY
Net Investment Income
$160K
+93.6% YoY
Expenses
$3.8M
+11.0% YoY
About True Access Capital Corporation
Based on IRS filings
True Access Capital Corporation is a nonprofit organization focused on Public, Societal Benefit, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.6M in total assets. Net investment income was $160K.
Focus Areas
Ready to take the next step with True Access Capital Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,632,139 | $24,398,779 | $22,058,882 |
| Revenue | $4,611,925 | $3,780,450 | $3,143,323 |
| Expenses | $3,764,504 | $3,391,054 | $3,510,503 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $159,895 | $82,605 | $-44,994 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
16 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 |
|---|---|---|---|
| PAUL B HUGHES III | CHAIR | 1 | — |
| RACHAEL MEARS | TREASURER | 1 | — |
| PEDRO VIERA JR | BOARD MEMBER | 1 | — |
| JUDITH M SCARBOROUGH CPA CVA CFF | VICE CHAIR | 1 | — |
| SHERYL SCANLON EDD | BOARD MEMBER | 1 | — |
| EMANUEL V DESHIELDS | BOARD MEMBER | 1 | — |
| ROBERT GUNTER | BOARD MEMBER | 1 | — |
| BARRY L LOTT | BOARD MEMBER | 1 | — |
| RON KIMBROUGH | BOARD MEMBER | 1 | — |
| DERRICK ROBINSON | BOARD MEMBER | 1 | — |
| JUSTIN POSER | BOARD MEMBER | 1 | — |
| TANYA WILLIAMSON | BOARD MEMBER | 1 | — |
| RAFAEL ZAHRALDDIN | BOARD MEMBER | 1 | — |
| VANDELL HAMPTON JR | PRESIDENT & CEO | 37.5 | $185,116 |
| LORENZO MERINO | SVP, DIRECTOR OF LENDING | 37.5 | $123,330 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
Engineering Information Foundation Inc
WILMINGTON, DE
Assets
$5.7M
Grants
13
Total Given
$220K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Caroline K Barber Foundation
WILMINGTON, DE
Assets
$257K
Grants
0
Total Given
—
Give Back Brands Foundation
WILMINGTON, DE
Assets
—
Grants
19
Total Given
$178K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with True Access Capital Corporation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities