Twin Trees Foundationinc
Twin Trees Foundationinc is a private foundation based in Hobe Sound, Florida. It supports preselected charitable organizations through grants and states that it operates solely in Florida.
Twin Trees Foundationinc at a glance
In short: Twin Trees Foundationinc gave $41K across 39 grants in 2024 (avg $1K), top state Illinois. 12% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $41,000
- +60.8% vs 2023
- Grants made (2024)
- 39
- +5.4% vs 2023
- Average grant
- $1,051
- +52.5% vs 2023
- Median grant
- $500
- Total assets
- $592,603
- -2.0% vs 2023
- New grantees (estimate)
- 12% first-time grantees (4 of 34, 2024)
- Primary geography
- Illinois (44% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Twin Trees Foundationinc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 5983 Se Mourning Dove Way, Hobe Sound, FL 33455
Phone: (772) 546-3548
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Twin Trees Foundationinc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Rush University Medical Center ($8K). Together the top 10 received $29K.
Grant Size Distribution
204 grants across all recorded years
The most common grant size was under $50K: 204 grants of 204 (100%).
Geographic Focus
Where this funder awards grants
The foundation states that it operates solely in Florida, while its 2024 grant recipients were located in multiple states. By share of grant dollars, recipients in Illinois received 44%, New York 30%, Pennsylvania 15%, Florida 7%, and Wisconsin 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 39 itemized grants.
Cities
Is Twin Trees Foundationinc open to new grantees?
12%
first-time grantees, 2024
In 2024, 4 of 34 grantees (12%) were first-time recipients. First grants averaged $875; repeat grants $1K. How we count
Medians: $625 first-time, $500 repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+14%). Method
- In 2024 it paid out 137% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $26K (2023) to $41K (2024). In 2024 it made 39 grants totaling $41K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rush University Medical Center Chicago, IL | General Support | $7,500 |
| Antique Boat Museum Clayton, NY | General Support | $5,000 |
| Lancaster Country Day School Lancaster, PA | Turf Fields Project | $3,000 |
| St Ignatius College Prep Chicago, IL | General Support | $2,500 |
| River Hospital Alexandria Bay, NY | Endowment Fund | $2,000 |
| Women's Board of Rush Chicago, IL | General Support | $2,000 |
| Hershey Library Endowment Trust Hershey, PA | General Support | $1,000 |
| Lancaster Country Day School Lancaster, PA | Staff Compensation Endowed Fund | $1,000 |
| Martin Memorial Hospital Stuart, FL | General Support | $1,000 |
| Planned Parenthood Chicago, IL | General Support | $1,000 |
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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 | $592,603 | $37,417 | $49,473 | $41,000 | 39 | $46,883 | $35,562 | $34,126 |
| 2023 | $604,659 | $14,358 | $27,798 | $25,500 | 37 | $26,034 | $17,355 | $31,344 |
| 2022 | $618,099 | $32,586 | $33,527 | $28,200 | 44 | $30,786 | $30,773 | $32,492 |
| 2021 | $619,040 | $33,534 | $41,295 | $35,900 | 40 | $39,007 | $31,686 | $37,611 |
| 2020 | $626,801 | $23,768 | $39,405 | $34,500 | 44 | — | $22,020 | $33,228 |
Under IRS private-foundation payout rules, Twin Trees Foundationinc reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included general support, an endowment fund, a turf fields project, and a staff compensation endowed fund. The recipients’ own descriptions illustrate the range of organizations supported: Rush University Medical Center says its mission is to improve health through patient care, education, research, and community partnerships; Lancaster Country Day School says it empowers students to explore their passions and find purpose; and River Hospital says it delivers patient-centered healthcare to its Northern New York community.
Grantmaking
In 2024, the foundation made 39 grants totaling $41,000. Grant amounts ranged from $250 to $7,500, with a median of $500.
Among the largest listed grants were $7,500 to Rush University Medical Center for general support; $5,000 to Antique Boat Museum for general support; $3,000 to Lancaster Country Day School for its turf fields project; and $2,500 to St. Ignatius College Prep for general support. Other listed awards included $2,000 to River Hospital for an endowment fund and $2,000 to Women’s Board of Rush for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Joann F Schwalm as President/Director; J Bradford Schwalm as Treasurer/Director; and Matson F Schwalm and Dugan H Schwalm as directors.
Twin Trees Foundationinc is led by Joann F. Schwalm, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joann F. Schwalm
President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Dugan H. Schwalm
Director
On filings since 2020
No compensation reported
J. Bradford Schwalm
Treasurer & Director
On filings since 2020
No compensation reported
Matson F. Schwalm
Director
On filings since 2020
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 Twin Trees Foundationinc
How much does Twin Trees Foundationinc give each year?
Twin Trees Foundationinc gave $41K across 39 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $26K across 37 grants.
What is Twin Trees Foundationinc's typical grant size?
Twin Trees Foundationinc's median grant in 2024 was $500, and its average grant was $1,051, across 39 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Twin Trees Foundationinc that year got $875 on average.
Where does Twin Trees Foundationinc give grants?
Twin Trees Foundationinc's top state is Illinois, with 44% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (30%) and Pennsylvania (15%). The most frequent recipient cities were Chicago, IL (12 grants), Clayton, NY (4 grants), Hershey, PA (3 grants) and Lancaster, PA (2 grants).
Does Twin Trees Foundationinc give general operating support?
Yes: 87% of Twin Trees Foundationinc's 2024 grants with a stated purpose (34 of 39) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Twin Trees Foundationinc's largest grantees?
Twin Trees Foundationinc's largest 2024 grantees include Rush University Medical Center ($7,500), Antique Boat Museum ($5,000) and Lancaster Country Day School ($4,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 40% of its itemized 2024 grant dollars.
How large is Twin Trees Foundationinc?
Twin Trees Foundationinc reported $593K in total assets on its 2024 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).
What does Twin Trees Foundationinc fund?
No mission statement for the foundation is provided. Its 2024 grants included general support, an endowment fund, a turf fields project, and a staff compensation endowed fund. See mission & focus areas ↑
How do I apply for a grant from Twin Trees Foundationinc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Twin Trees Foundationinc's EIN?
Twin Trees Foundationinc's EIN (Employer Identification Number) is 91-2092293. IRS Form 990 filing data is available on this page for 2020–2024.
Does Twin Trees Foundationinc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Twin Trees Foundationinc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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