Truesdell Family Foundation Inc

Private foundation · Grantmaker Duluth, GA EIN: 82-3714066

Truesdell Family Foundation Inc is a private foundation, 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.

Key facts about Truesdell Family Foundation Inc

In short: Truesdell Family Foundation Inc gave $157K across 4 grants in 2024 (avg $39K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

EIN
82-3714066
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$156,875
Grants made (2024)
4
Average grant
$39,219
Median grant
$10,000
Total assets
$596,917
Primary geography
Georgia (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Truesdell Family Foundation Inc gives

  • Giving grew 214% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

DuluthAtlantaAthensCollege ParkJacksonvilleNashville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2020 2 grants2021 4 grants2022 5 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $50K (2021) to $157K (2024). In 2024 it made 4 grants totaling $157K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Duluth First United Methodist Church: $134KDuluth First United MethodistChurch$134KJacksonville State University Wade Hall Endowment: $10KJacksonville State UniversityWade Hall Endowment$10KUniversity of Georgia Endowment: $10KUniversity of GeorgiaEndowment$10KDavid Helen and Marian Woodward Fund: $3KDavid Helen and MarianWoodward Fund$3K

The largest 2024 recipient was Duluth First United Methodist Church ($134K). Together the top 4 received $157K.

Grant Size Distribution

16 grants across all recorded years

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

The most common grant size was under $50K: 10 grants of 16 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Duluth First United Methodist Church Duluth, GAGeneral Operating$134,375
Jacksonville State University Wade Hall Endowment Jacksonville, ALGeneral Operating$10,000
University of Georgia Endowment Athens, GAGeneral Operating$10,000
David Helen and Marian Woodward Fund Atlanta, GAGeneral Operating$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Truesdell Family Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Chuvalo J. Truesdell

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Clara W. Truesdell

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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 Truesdell Family Foundation Inc

How much does Truesdell Family Foundation Inc give each year?

Truesdell Family Foundation Inc gave $157K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $140K across 5 grants.

What is Truesdell Family Foundation Inc's typical grant size?

Truesdell Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $39,219, across 4 grants on its 2024 IRS Form 990-PF.

Where does Truesdell Family Foundation Inc give grants?

Truesdell Family Foundation Inc gives mostly in Georgia: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Alabama (6%).

Does Truesdell Family Foundation Inc give general operating support?

Yes: 100% of Truesdell Family Foundation Inc's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Truesdell Family Foundation Inc?

Truesdell Family Foundation Inc reported $597K in total assets on its 2024 IRS Form 990-PF. It paid out $157K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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