Trust Funds Incorporated
Trust Funds Incorporated is a private foundation based in Sacramento, California, established in 1934 and tax-exempt since October 1936. The organization operates as a 501(c)(3) entity and functions as an independent foundation focused on grantmaking to charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
+4.0% YoY
Annual Giving
$516K
+6.5% YoY
Grant Count
51
+21.4% YoY
Avg Grant Size
$10K
-12.3% YoY
Under IRS private-foundation payout rules, Trust Funds Incorporated reported a distributable amount of $510K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation grants primarily to Roman Catholic educational, religious, and social service charitable organizations. The foundation was initially funded by a modest bequest from Bartley P. Oliver.
Trust Funds Incorporated supports the following areas:
- Education
- Religion
- Social services
- Human Services
- Philanthropy, Voluntarism & Grantmaking
The foundation prioritizes programs where its contribution is important or where the program may not exist without its support.
Grantmaking
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Geographic Focus
Where this funder awards grants
Primary funding area: San Francisco Bay area of California, with additional support to organizations in New Jersey and Oregon.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024 (Form 990-PF):
- Total Assets: $4,093,645
- Revenue: $899,710
- Expenses: $757,250
- Net Income: $142,460
- Total Liabilities: $74,700
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,093,645 | $3,936,185 | $3,801,880 |
| Revenue | $899,710 | $850,549 | $748,444 |
| Expenses | $757,250 | $716,245 | $703,616 |
| Qualifying Distributions | $585,217 | $544,245 | $527,461 |
| Net Investment Income | $748,779 | $687,353 | $589,454 |
| Distributable Amount | $510,131 | $478,592 | $495,863 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
209 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dorothy Day House ($20,000), Family Promise of Sacramento ($20,000), Loaves & Fishes Family Kitchen ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL SOULS CATHOLIC SCHOOL SOUTH SAN FRANCISCO, CA | PREGNANCY CARE AND SUPPORT | $10,000 |
| BELLE PRIMARY CARE SAN FRANCISCO, CA | SCHOLARSHIPS FOR RETREATANTS | $10,000 |
| BISHOP O'DOWD HIGH SCHOOL OAKLAND, CA | ROOF REPLACEMENT | $7,500 |
| CASTELLO DOMINICAN MISSIONARIES FOR THE DEAF APOSTOLATE NEWARK, NJ | TUITION ASSISTANCE | $3,200 |
| CASTELLO DOMINICAN MISSIONARIES FOR THE DEAF APOSTOLATE NEWARK, NJ | GENERAL FUNDING | $10,000 |
| CATHOLIC CHARITIES OF SAN FRANCISCO SAN FRANCISCO, CA | GENERAL FUNDING | $10,000 |
| CLARA'S HOUSE SACRAMENTO, CA | GENERAL FUNDING | $10,000 |
| DOROTHY DAY HOUSE BERKELEY, CA | TUITION ASSISTANCE | $20,000 |
| ECOLE NOTRE DAME DES VICTOIRES SAN FRANCISCO, CA | STATUES AND GARDEN SHED | $10,000 |
| EPIPHANY CENTER SAN FRANCISCO, CA | CHILDRENS'S FUND FOR NEEDY CHILDREN | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH M KELLEY | PRESIDENT | 30 | $56,964 |
| JOHN STRAIN | SECRETARY | 6 | — |
| ALFRED A PEGUERO | CFO | 10 | $6,000 |
| MARGARET HEALY VIBANDOR | DIRECTOR | 2 | $2,000 |
Contact Information
Address: 1104 Corporate Way, Sacramento, CA 95831-3875
Telephone: 916-395-4472
Frequently Asked Questions
What does Trust Funds Incorporated fund?
The foundation grants primarily to Roman Catholic educational, religious, and social service charitable organizations. The foundation was initially funded by a modest bequest from Bartley P. Oliver. Trust Funds Incorporated supports the following areas: • Education • Religion • Social services • Human Services • Philanthropy, Voluntarism & Grantmaking The foundation prioritizes programs where its contribution is important or where the program may not exist without its support.
How do I apply for a grant from Trust Funds Incorporated?
**Grant Amounts:** Typical awards range from $2,500 to $20,000. **Total Giving:** $515,700 in grants awarded (based on most recent IRS Form 990 filing for 2024). **Geographic Scope:** The foundation primarily supports nonprofit organizations in the San Francisco Bay area of California, though some support is given to projects having a national or wider scope. Grant-making focuses on California, New Jersey, and Oregon.
Where does Trust Funds Incorporated make grants?
Primary funding area: San Francisco Bay area of California, with additional support to organizations in New Jersey and Oregon.
What size grants does Trust Funds Incorporated award?
In 2024, Trust Funds Incorporated awarded 51 grants totaling $516K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Trust Funds Incorporated required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Trust Funds Incorporated reported a distributable amount of $510K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Trust Funds Incorporated's EIN?
Trust Funds Incorporated's EIN (Employer Identification Number) is 94-6062952. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Trust Funds Incorporated's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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