True Access Capital Corporation
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
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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 2024.
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
Frequently Asked Questions
What is True Access Capital Corporation?
True Access Capital Corporation is a nonprofit organization focused on Public, Societal Benefit, based in WILMINGTON, DE. It holds $25.6M in total assets as of 2024.
How large is True Access Capital Corporation?
As of 2024, True Access Capital Corporation holds $25.6M in total assets with $4.6M in annual revenue.
Where does True Access Capital Corporation operate?
True Access Capital Corporation has awarded grants in Delaware, Pennsylvania.
What is True Access Capital Corporation's EIN?
True Access Capital Corporation's EIN (Employer Identification Number) is 51-0345258. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in True Access Capital Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.