Truth Project is a private foundation focused on Religion Related, based in ST PAULS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it made $61K in qualifying distributions. Net investment income was $221K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+11.3% YoY
Revenue
$910K
-77.8% YoY
Qualifying Distributions
$61K
-27.6% YoY
Expenses
$138K
-0.5% YoY
About Truth Project
Based on IRS filings
Truth Project is a private foundation focused on Religion Related, based in ST PAULS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it made $61K in qualifying distributions. Net investment income was $221K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,606,837 | $6,834,547 | $2,878,932 |
| Revenue | $910,257 | $4,094,302 | $1,049,162 |
| Expenses | $137,967 | $138,687 | $169,482 |
| Qualifying Distributions | $60,815 | $83,981 | $17,300 |
| Net Investment Income | $220,591 | $140,095 | — |
| Distributable Amount | $353,006 | $267,144 | $94,360 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THAD J DAVIS | PRESIDENT | — | — |
| CHERYL J DAVIS | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
$2.1M
North Carolina Baptist Hospital
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Assets
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Grants
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Total Given
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The Anne Shuford Mcbryde
ASHEVILLE, NC
Assets
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Grants
19
Total Given
$49K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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