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THE TROON FOUNDATION

ELON, NC 453804868

The Troon Foundation, located in Elon, NC, focuses on funding agriculture-related projects across several U.S. states, with assets of $47.2 million and leadership by James and Kathleen Piermarini.

Overview

About THE TROON FOUNDATION

The Troon Foundation, based in Elon, North Carolina, is a philanthropic organization with assets totaling approximately $47.2 million. In the most recent fiscal year, the foundation reported expenses of about $3 million and revenue of approximately $2.7 million. The foundation focuses its funding efforts primarily in the areas of agriculture, fishing, and forestry. It supports projects and initiatives in various cities across the United States, including Burlington, Charlottesville, Cincinnati, and several others, spanning states such as North Carolina, New York, Ohio, Utah, and Virginia. The foundation is led by James M. Piermarini, who serves as President, and Kathleen H. Piermarini, who is the Treasurer and Secretary. Both serve without compensation.

Focus Areas

Agriculturefishing and forestryAgriculture

Geographic Focus

NCNYOHUTVA
Application Status

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $47.2M
Total Awarded This Year $2.6M
Average Grant Size $70K
Total Grants (Previous Year) 7,065
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
ELON, NC US
Geographic Funding Distribution

Financials

Total Assets
$47,242,211

in 2024, compared to $47,558,754 in 2023

Annual Grants
$2,597,043

37 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$1,635,000FIDELITY CHARITABLE GIVING ACCOUNT OF JAMES M AND KATHLEEN H PIERMARINITO FUND CHARITABLE GIVING ACCOUNT.PO BOX 770001 CINCINNATI, OH US2023
$1,500,000FIDELITY CHARITABLE GIVING ACCOUNT OF JAMES M AND KATHLEEN H PIERMARINITO FUND CHARITABLE GIVING ACCOUNT.PO BOX 770001 CINCINNATI, OH US2022
$400,000FIDELITY CHARITABLE GIVING ACCOUNT OF JAMES M AND KATHLEEN H PIERMARINITO FUND CHARITABLE GIVING ACCOUNT.PO BOX 770001 CINCINNATI, OH US2024
$228,835BON SECOURSTO FUND GARDENFEST, NICU/PICU, AND NICU CAMERAS FOR 4 SITES.7229 FOREST AVENUE SUITE 200 RICHMOND, VA US2024
$190,000UNITED WAY OF ALAMANCE COUNTYTO FUND GENERAL FUNDS AND HOUSING SPECIALIST.803 HERMITAGE ROAD BURLINGTON, NC US2022
$190,000UNITED WAY OF ALAMANCE COUNTYTO FUND GENERAL FUNDS AND HOUSING SPECIALIST.803 HERMITAGE ROAD BURLINGTON, NC US2023
$190,000UNITED WAY OF ALAMANCE COUNTYTO FUND GENERAL FUNDS AND HOUSING SPECIALIST.803 HERMITAGE ROAD BURLINGTON, NC US2024
$150,000BIG BROTHERS & SISTERSTO FUND MENTORING.808 AVIATION PKWY 900 MORRISVILLE, NC US2024
$150,000BLUE RIDGE AREA FOOD BANKTO FUND AGENCY CAPACITY AND HEADQUARTERS RENOVATIONS.1207 HARRIS ST CHARLOTTESVILLE, VA US2024
$125,000WOMEN'S INITIATIVETO FUND MENTAL HEALTH SUPPORT.1101 E HIGH ST CHARLOTTESVILLE, VA US2024
95 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
JMP
JAMES M PIERMARINI
PRESIDENT$02022
KHP
KATHLEEN H PIERMARINI
TREASURER/SECRETARY$02022
JMP
JAMES M PIERMARINI
PRESIDENT$02023
KHP
KATHLEEN H PIERMARINI
TREASURER/SECRETARY$02023
JMP
JAMES M PIERMARINI
PRESIDENT$02024
KHP
KATHLEEN H PIERMARINI
TREASURER/SECRETARY$02024
6 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025