Trustco Charitable Foundation Inc

Foundation · Grantmaker GLENVILLE, NY EIN: 20-3679836

Trustco Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $720 in total assets. In 2024, it awarded 1 grants totaling $100.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$720

-12.2% YoY

Annual Giving

$100

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$100

+0.0% YoY

Under IRS private-foundation payout rules, Trustco Charitable Foundation Inc reported a distributable amount of $40 for 2024 — the minimum it must pay out in qualifying distributions.

About Trustco Charitable Foundation Inc

Based on IRS filings

Trustco Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $720 in total assets. In 2024, it awarded 1 grants totaling $100.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Schenectady

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$27.500000000000004$55.00000000000001$82.50000000000001$110.0000000000000120202021202220232024
Metric202420232022
Total Assets$720$820$920
Revenue
Expenses$100$100$100
Qualifying Distributions$100$100$100
Net Investment Income
Distributable Amount$40$45$50

Giving Over Time

Total grant dollars and number of grants per year

$0$25$50$75$1001 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SCHENECTADY COMMUNITY AC…$100

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$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 Schenectady Community Action Fund ($100).

RecipientPurposeAmount
SCHENECTADY COMMUNITY ACTION FUND SCHENECTADY, NYSUPPORT HEATING FUND$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT J MCCORMICKPRESIDENT/CEO/DIRECTOR0.1
ROBERT M LEONARDEXECUTIVE VP/DIRECTOR0.1
MICHAEL M OZIMEKTREASURER/CFO/DIRECTOR0.1
MICHAEL J HALLSECRETARY/DIRECTOR0.1
KEVIN M CURLEYEXECUTIVE VICE PRESIDENT/DIRECTOR0.1
JR GEORGEASSISTANT TREASURER/SVP0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Trustco Charitable Foundation Inc?

Trustco Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENVILLE, NY. It holds $720 in total assets as of 2024.

How large is Trustco Charitable Foundation Inc?

As of 2024, Trustco Charitable Foundation Inc holds $720 in total assets. It awarded 1 grants totaling $100 in 2024.

Where does Trustco Charitable Foundation Inc operate?

Trustco Charitable Foundation Inc has awarded grants in New York.

What size grants does Trustco Charitable Foundation Inc award?

In 2024, Trustco Charitable Foundation Inc awarded 1 grants totaling $100 — an average of about $100 per grant, based on its IRS Form 990 filings.

How much is Trustco Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Trustco Charitable Foundation Inc reported a distributable amount of $40 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Trustco Charitable Foundation Inc's EIN?

Trustco Charitable Foundation Inc's EIN (Employer Identification Number) is 20-3679836. 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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