TRUE VALUE FOUNDATION PROVIDES RESOURCES TO IMPROVE THE LIVES OF YOUTH IN THE COMMUNITIES WE SERVE.
Key facts about True Value Foundation
- EIN
- 26-1897927
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $303,388
- Grants made (2024)
- 2
- Average grant
- $151,694
- Median grant
- $151,694
- Total assets
- $483,218
- Primary geography
- Illinois (88% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
How True Value Foundation gives
- Giving grew 1923% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with True Value Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$483K
+36.5% YoY
Annual Giving
$303K
-23.9% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$152K
+90.3% YoY
About True Value Foundation
Based on IRS filings
True Value Foundation is a nonprofit organization 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $483,218 | $353,901 | $415,572 |
| Revenue | $464,630 | $646,033 | $727,416 |
| Expenses | $553,875 | $754,965 | $567,965 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,680 | $3,476 | $756 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boys and Girls Club of Chicago ($266,000), Habitat for Humanity International ($37,388).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John Vanderpool | President | 1 | — |
| Daren Padgett | Director | 1 | — |
| Calvin Smith | Treasurer | 1 | — |
| Lee Rector | Secretary | 1 | — |
| Susan M Radde | Director | 1 | — |
| Katie Demaris | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is True Value Foundation?
True Value Foundation is a nonprofit organization focused on Education, based in Chicago, IL. It holds $483K in total assets as of 2024.
How large is True Value Foundation?
As of 2024, True Value Foundation holds $483K in total assets with $465K in annual revenue. It awarded 2 grants totaling $303K in 2024.
Where does True Value Foundation operate?
True Value Foundation has awarded grants in California, Georgia, Illinois, Tennessee.
What size grants does True Value Foundation award?
In 2024, True Value Foundation awarded 2 grants totaling $303K — an average of about $152K per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.