Turock Family Foundation

Private foundation · Grantmaker Sebring, FL EIN: 22-3758083

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

Johns Hopkins Hospital: $250KJohns Hopkins Hospital$250KRobert Wood Johnson University Hosp: $50KRobert Wood Johnson UniversityHosp$50KLack County Schools: $5KLack County Schools$5KNational Museum of Mathematics: $5KNational Museum of Mathematics$5KHospital for Special Surgery: $5KHospital for Special Surgery$5K

The largest 2024 recipient was Johns Hopkins Hospital ($250K). Together the top 5 received $315K.

Grant Size Distribution

24 grants across all recorded years

15<$50K2$50–100K5$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 24 (63%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

New YorkWashingtonBaltimoreFort LauderdaleNew BrunswickChicagoSebringTavaresWaltham

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

$0$200K$400K$600K5 grants2020 5 grants2021 4 grants2022 5 grants2023 5 grants2024

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

RecipientPurposeAmount
Johns Hopkins Hospital Baltimore, MDGift$250,000
Robert Wood Johnson University Hosp New Brunswick, NJGift$50,000
Lack County Schools Tavares, FLGift$5,000
National Museum of Mathematics New York, NYGift$5,000
Hospital for Special Surgery New York, NYGift$4,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$865,179$86,224$248,058$314,5005$314,500$55,363$81,828
2023$1,027,013$23,989$467,149$443,0005—$108$8,048
2022$1,470,173$57,310$86,861$62,3504——$89,358
2021$1,499,724$215,654$269,766$246,6905—$183,643$126,731
2020$1,553,836$74,969$269,155$246,6905—$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

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Turock Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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