Truesdell Family Foundation Inc

DULUTH, GA EIN: 82-3714066

Truesdell Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $597K in total assets. In 2024, it awarded 4 grants totaling $157K. Net investment income was $78K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$597K

+15.5% YoY

Annual Giving

$157K

+12.0% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$39K

+40.0% YoY

Under IRS private-foundation payout rules, Truesdell Family Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Truesdell Family Foundation Inc

Based on IRS filings

Truesdell Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $597K in total assets. In 2024, it awarded 4 grants totaling $157K. Net investment income was $78K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AthensAtlantaCollege ParkDuluthJacksonvilleNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$71K$142K$213K$284K20202021202220232024
Metric202420232022
Total Assets$596,917$516,943$504,142
Revenue$257,907$127,946$196,697
Expenses$161,254$146,509$129,086
Qualifying Distributions$156,875$140,025$123,000
Net Investment Income$77,737$33,863$16,187
Distributable Amount$1,605$23,717$23,658

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$78K$118K$157K1 grants20202 grants20214 grants20225 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

DULUTH FIRST UNITED METH…$134KJACKSONVILLE STATE UNIVE…$10KUNIVERSITY OF GEORGIA EN…$10KDAVID HELEN AND MARIAN W…$3K

Grant Size Distribution

16 grants across all recorded years

10<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duluth First United Methodist Church ($134,375), Jacksonville State University Wade Hall Endowment ($10,000), University of Georgia Endowment ($10,000).

RecipientPurposeAmount
DULUTH FIRST UNITED METHODIST CHURCH DULUTH, GAGENERAL OPERATING$134,375
JACKSONVILLE STATE UNIVERSITY WADE HALL ENDOWMENT JACKSONVILLE, ALGENERAL OPERATING$10,000
DAVID HELEN AND MARIAN WOODWARD FUND ATLANTA, GAGENERAL OPERATING$2,500
UNIVERSITY OF GEORGIA ENDOWMENT ATHENS, GAGENERAL OPERATING$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CLARA W TRUESDELLDIRECTOR0.5
CHUVALO J TRUESDELLDIRECTOR0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Truesdell Family Foundation Inc?

Truesdell Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. It holds $597K in total assets as of 2024.

How large is Truesdell Family Foundation Inc?

As of 2024, Truesdell Family Foundation Inc holds $597K in total assets with $258K in annual revenue. It awarded 4 grants totaling $157K in 2024.

Where does Truesdell Family Foundation Inc operate?

Truesdell Family Foundation Inc has awarded grants in Alabama, Georgia, Tennessee.

What size grants does Truesdell Family Foundation Inc award?

In 2024, Truesdell Family Foundation Inc awarded 4 grants totaling $157K — an average of about $39K per grant, based on its IRS Form 990 filings.

How much is Truesdell Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Truesdell Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Truesdell Family Foundation Inc's EIN?

Truesdell Family Foundation Inc's EIN (Employer Identification Number) is 82-3714066. 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.

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