Troan Foundation Inc
RALEIGH, NC EIN: 56-2203535
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.9M
+0.3% YoY
Annual Giving
$149K
+13.9% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$21K
+30.2% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,854,458 | $1,848,636 | $1,911,021 |
| Revenue | $174,766 | $84,343 | $49,701 |
| Expenses | $168,720 | $147,921 | $157,722 |
| Qualifying Distributions | $151,106 | $132,202 | $138,500 |
| Net Investment Income | $157,152 | $68,638 | $35,254 |
| Distributable Amount | $143,351 | $127,051 | $127,884 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Troan Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIK W TROAN | CHAIRMAN & PRESIDENT | 0.25 | — |
| BRIGID V TROAN | SECRETARY & TREASURER | 0.25 | — |
| BARBARA TROAN | DIRECTOR | 0.25 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $572K (89%)
South Carolina $30K (5%)
Texas $20K (3%)
New York $10K (2%)
District of Columbia $5K (1%)
Illinois $5K (1%)
Cities
AsheboroAuroraChapel HillColumbiaDurhamHoustonNew YorkRaleighWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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