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Also known as: FOUNDATION
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David And June Trone Family Foundation is a private trust based in BETHESDA, MD. The foundation received its IRS ruling in 2011. The principal officer is David J Trone. It holds total assets of $5.2M. Annual income is reported at $5.3M. Total assets have grown from $5.2M in 2011 to $8.7M in 2022. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in Maryland and District of Columbia. According to available records, David And June Trone Family Foundation has made 86 grants totaling $14.2M, with a median grant of $20K. Annual giving has grown from $4.6M in 2021 to $9.6M in 2022. Individual grants have ranged from $100 to $2M, with an average award of $165K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Maryland, which account for 70% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$100
Median Grant
$13K
Average Grant
$129K
Largest Grant
$2M
Based on 36 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
David And June Trone Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 86 grants. Its grantmaking reaches organizations primarily in NY, DC, MD.
David And June Trone Family Foundation has distributed a total of $14.2M across 86 grants. The median grant size is $20K, with an average of $165K. Individual grants have ranged from $100 to $2M.
David And June Trone Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (453564622) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
David And June Trone Family Foundation is headquartered in BETHESDA, MD. While based in MD, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julia Trone | TRUSTEE | $0 | $0 | N/A |
| Natalie Trone | TRUSTEE | $0 | $0 | N/A |
| Michelle Trone | TRUSTEE | $0 | $0 | N/A |
| David Trone | TRUSTEE | $0 | $0 | N/A |
| Robert J Trone | TRUSTEE | $0 | $0 | N/A |
| June Trone | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4.4M
Total Assets
$8.7M
Fair Market Value
$8.7M
Net Worth
$8.7M
Grants Paid
$4.3M
Contributions
N/A
Net Investment Income
$166K
Distribution Amount
$475K
Total: $8.5M
Total Grants
86
Total Giving
$14.2M
Average Grant
$165K
Median Grant
$20K
Unique Recipients
51
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Israel EducationGENERAL CONTRIBUTION | Washington, DC | $75K | 2022 |
| American Civil Liberties Union Of New YorkGENERAL CONTRIBUTION | New York, NY | $2M | 2022 |
| American UniversityTRONE FAMILY EMINENT SCHOLAR CHAIR IN NEUROSCIENCE AND BEHAVIOUR | Washington, DC | $1M | 2022 |
| Johns Hopkins UniversityDR. KEN PIENTA'S KEYSTONE CANCER CELL RESEARCH | Baltimore, MD | $500K | 2022 |
| Suburban HospitalBEHAVIORAL HEALTH $100K, ADDICTION TREATMENT $100K & BUILDING FUND $300K | Bethesda, MD | $500K | 2022 |
| Furman UniversityRICHARD FURMAN SOCIETY | Greenville, SC | $50K | 2022 |
| American Civil Liberties Union Of PennsylvaniaGENERAL CONTRIBUTION | Philadelphia, PA | $25K | 2022 |
| Chabbad Of Sussex CountyGENERAL CONTRIBUTION | Sparta, NJ | $25K | 2022 |
| Temple Beth AmiGENERAL CONTRIBUTION | Rockville, MD | $20K | 2022 |
| B'Nai IsraelHINEINI ANNUAL CONTRIBUTION | Rockville, MD | $20K | 2022 |
| Jewish Community Relations Council Of Greater WashingtonJEWISH COMMUNITY ANNUAL FUND | North Bethesda, MD | $20K | 2022 |
| Devon C Rubenstein Foundation IncGENERAL CONTRIBUTION | Gaithersburg, MD | $10K | 2022 |
| Potomac Chamber Of CommerceGENERAL CONTRIBUTION | Potomac, MD | $10K | 2022 |
| Voices For ChildrenGENERAL CONTRIBUTION | San Diego, CA | $5K | 2022 |
| Brooke'S HouseGENERAL CONTRIBUTION | Hagerstown, MD | $5K | 2022 |
| Marie Selby Botanical GardensGENERAL CONTRIBUTION | Sarasota, FL | $1K | 2022 |
| Zion Baptist ChurchGENERAL CONTRIBUTION | Silver Spring, MD | $1K | 2022 |
| Riverside Museum AssociatesGENERAL CONTRIBUTION | Riverside, CA | $500 | 2022 |
| Lutheran World ReliefGENERAL CONTRIBUTION | Baltimore, MD | $500 | 2022 |
| Lutheran Immigration And Refugee ServiceGENERAL CONTRIBUTION | Baltimore, MD | $500 | 2022 |
| Autism SpeaksGENERAL CONTRIBUTION | Princeton, NJ | $250 | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD