True Value Foundation
True Value Foundation provides resources to improve the lives of youth in the communities we serve.
True Value Foundation at a glance
In short: True Value Foundation gave $303K across 2 grants in 2024 (avg $152K), mostly in Illinois. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $303,388
- -23.9% vs 2023
- Grants made (2024)
- 2
- -60.0% vs 2023
- Average grant
- $151,694
- +90.3% vs 2023
- Median grant
- $151,694
- Total assets
- $483,218
- +36.5% vs 2023
- Primary geography
- Illinois (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who True Value Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Boys and Girls Club of Chicago ($266K). Together the top 2 received $303K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 6 grants of 11 (55%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How True Value Foundation gives
- Giving grew 1923% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2021) to $398K (2023). In 2024 it made 2 grants totaling $303K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys and Girls Club of Chicago Chicago, IL | To support programs that nurture stronger futures for at-risk youth who depend on the club. | $266,000 |
| Habitat for Humanity International Americus, GA | To help the organization achieve their mission related to a carter work project. | $37,388 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $483,218 | $464,630 | $553,875 | $303,388 | 2 | $4,680 |
| 2023 | $353,901 | $646,033 | $754,965 | $398,467 | 5 | $3,476 |
| 2022 | $415,572 | $727,416 | $567,965 | $325,000 | 1 | $756 |
| 2021 | $276,740 | $671,107 | $685,244 | $15,000 | 1 | $80 |
| 2020 | $573,558 | $577,466 | $1,112,070 | $256,000 | 2 | $8,638 |
About True Value Foundation
Based on IRS filings
True Value Foundation is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $483K in total assets. In 2024, it awarded 2 grants totaling $303K. Net investment income was $5K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
True Value Foundation is led by John Vanderpool, President since 2022 (on filings since 2021); none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Vanderpool
President
Director → President, 2022
On filings since 2021
1 hr/week
No compensation reported
Susan M. Radde
Director
Secretary & Foundation Director → Foundation Director, 2021
Foundation Director → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Katie Demaris
Director
On filings since 2022
1 hr/week
No compensation reported
Daren Padgett
Director
On filings since 2023
1 hr/week
No compensation reported
Lee Rector
Secretary
On filings since 2022
1 hr/week
No compensation reported
Calvin Smith
Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (10)
- Former: Chris Kempa (2020–2023) — Director
- Former: Urmi Trivedi (2021–2023) — Vice President
- Former: Matthew Agema (2023) — Treasurer
- Former: Brian A. Webb (2020–2022) — Director
- Former: Lori Feuerhelm (2021–2022) — Director
- Former: Brian Qualizza (2022) — Treasurer
- Former: Brent A. Burger (2020–2021) — President
- Former: Mike Novosel (2020) — Treasurer
- Former: Theresa Shea (2020) — Director
- Former: Valerie Peterson (2020) — Tvf Specialist
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about True Value Foundation
How much does True Value Foundation give each year?
True Value Foundation gave $303K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $398K across 5 grants.
How large is True Value Foundation?
True Value Foundation reported $483K in total assets on its 2024 IRS Form 990. Its revenue that year was $465K.
What is True Value Foundation?
True Value Foundation is a public charity focused on Education, based in Chicago, IL. It holds $483K in total assets as of 2024.
Where does True Value Foundation operate?
True Value Foundation has awarded grants in California, Georgia, Illinois, Tennessee.
What is True Value Foundation's EIN?
True Value Foundation's EIN (Employer Identification Number) is 26-1897927. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 7, 2023)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work True Value Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in True Value Foundation's focus areas in our free grants database
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