Turock Family Foundation
Turock Family Foundation is a private foundation, based in Sebring, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $865K in total assets. In 2024, it awarded 5 grants totaling $315K. Net investment income was $55K.
Turock Family Foundation at a glance
In short: Turock Family Foundation gave $315K across 5 grants in 2024 (avg $63K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $314,500
- -29.0% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $62,900
- -29.0% vs 2023
- Median grant
- $5,000
- Total assets
- $865,179
- -15.8% vs 2023
- Primary geography
- Maryland (79% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Turock Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Johns Hopkins Hospital ($250K). Together the top 5 received $315K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 15 grants of 24 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Turock Family Foundation gives
- Giving grew 27% from 2021 to 2024. Method
- In 2024 it paid out 384% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $62K (2022) to $443K (2023). In 2024 it made 5 grants totaling $315K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Johns Hopkins Hospital Baltimore, MD | Gift | $250,000 |
| Robert Wood Johnson University Hosp New Brunswick, NJ | Gift | $50,000 |
| Lack County Schools Tavares, FL | Gift | $5,000 |
| National Museum of Mathematics New York, NY | Gift | $5,000 |
| Hospital for Special Surgery New York, NY | Gift | $4,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $865,179 | $86,224 | $248,058 | $314,500 | 5 | $314,500 | $55,363 | $81,828 |
| 2023 | $1,027,013 | $23,989 | $467,149 | $443,000 | 5 | — | $108 | $8,048 |
| 2022 | $1,470,173 | $57,310 | $86,861 | $62,350 | 4 | — | — | $89,358 |
| 2021 | $1,499,724 | $215,654 | $269,766 | $246,690 | 5 | — | $183,643 | $126,731 |
| 2020 | $1,553,836 | $74,969 | $269,155 | $246,690 | 5 | — | $39,550 | $126,899 |
Under IRS private-foundation payout rules, Turock Family Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Turock Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
David L Turock
Director
On filings since 2020
15 hrs/week
No compensation reported
Nancy Turock
Director
On filings since 2020
1 hr/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 Turock Family Foundation
How much does Turock Family Foundation give each year?
Turock Family Foundation gave $315K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $443K across 5 grants.
What is Turock Family Foundation's typical grant size?
Turock Family Foundation's median grant in 2024 was $5,000, and its average grant was $62,900, across 5 grants on its 2024 IRS Form 990-PF.
Where does Turock Family Foundation give grants?
Turock Family Foundation gives mostly in Maryland: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (16%). The most frequent recipient cities were New York, NY (2 grants).
Does Turock Family Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Turock Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Gift" (5 grants).
Who are Turock Family Foundation's largest grantees?
Turock Family Foundation's largest 2024 grantees include Johns Hopkins Hospital ($250,000), Robert Wood Johnson University Hosp ($50,000) and Lack County Schools ($5,000), according to its 2024 IRS Form 990-PF. Together they received 97% of its itemized 2024 grant dollars.
How large is Turock Family Foundation?
Turock Family Foundation reported $865K in total assets on its 2024 IRS Form 990-PF. It paid out $315K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets).
What is Turock Family Foundation's EIN?
Turock Family Foundation's EIN (Employer Identification Number) is 22-3758083. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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