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Troon Foundation is a private corporation based in ELON, NC. The foundation received its IRS ruling in 2012. It holds total assets of $49.1M. Annual income is reported at $22.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Troon Foundation has made 128 grants totaling $9.4M, with a median grant of $32K. Annual giving has grown from $1.4M in 2021 to $2.6M in 2024. Grantmaking activity was highest in 2023 with $2.8M distributed across 28 grants. Individual grants have ranged from $5K to $1.6M, with an average award of $74K. The foundation has supported 58 unique organizations. The foundation primarily supports organizations in Ohio, North Carolina, Virginia, which account for 97% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Troon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 128 grants. Its grantmaking reaches organizations primarily in OH, NC, VA.
Troon Foundation has distributed a total of $9.4M across 128 grants. The median grant size is $32K, with an average of $74K. Individual grants have ranged from $5K to $1.6M.
Troon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Troon Foundation is headquartered in ELON, NC. While based in NC, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James M Piermarini | PRESIDENT | $0 | $0 | $0 |
| Kathleen H Piermarini | TREASURER/SECRETARY | $0 | $0 | $0 |
Total Giving
$3M
Total Assets
$47.2M
Fair Market Value
$57.4M
Net Worth
$47.2M
Grants Paid
$2.6M
Contributions
$743K
Net Investment Income
$1.6M
Distribution Amount
$2.7M
Total: $44.8M
Total Grants
128
Total Giving
$9.4M
Average Grant
$74K
Median Grant
$32K
Unique Recipients
58
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Women'S InitiativeTO FUND MENTAL HEALTH SUPPORT. | Charlottesville, VA | $125K | 2024 |
| Salvation ArmyTO FUND FACILITY UPGRADES. | Burlington, NC | $10K | 2023 |
| YmcaTO PROVIDE VAN AND JBR FUNDS. | Burlington, NC | $80K | 2022 |
| Fidelity Charitable Giving Account Of James M And Kathleen H PiermariniTO FUND CHARITABLE GIVING ACCOUNT. | Cincinnati, OH | $400K | 2024 |
| Bon SecoursTO FUND GARDENFEST, NICU/PICU, AND NICU CAMERAS FOR 4 SITES. | Richmond, VA | $229K | 2024 |
| United Way Of Alamance CountyTO FUND GENERAL FUNDS AND HOUSING SPECIALIST. | Burlington, NC | $190K | 2024 |
| Blue Ridge Area Food BankTO FUND AGENCY CAPACITY AND HEADQUARTERS RENOVATIONS. | Charlottesville, VA | $150K | 2024 |
| Big Brothers & SistersTO FUND MENTORING. | Morrisville, NC | $150K | 2024 |
| Christmas CheerGENERAL FUNDS. | Burlington, NC | $100K | 2024 |
| Safe AlamanceTO FUND FOOD ASSISTANCE. | Graham, NC | $100K | 2024 |
| Alamance Community College FoundationTO FUND SCHOLARSHIPS AND MENTAL HEALTH PROGRAMS. | Graham, NC | $100K | 2024 |
| City Gate Dream CenterTO FUND COMMUNITY PROGRAMS. | Burlington, NC | $90K | 2024 |
| ProsamiTO FUND PILOT CENTER AND TRAINING. | Staunton, VA | $90K | 2024 |
| Cone Health PhilanthropyTO FUND HEALING GARDEN AND EMPLOYEE APPLICATION. | Greensboro, NC | $86K | 2024 |
| International NeighborsTO FUND SUMMER FUN CAMPAIGN, PT BUS DRIVER, AND VEHICLE. | Charlottesville, VA | $74K | 2024 |
| Swim RichmondTO FUND SWIM PROGRAMS. | Richmond, VA | $50K | 2024 |
| Benjamin Hair SwimTO FUND SWIM PROGRAMS. | Charlottesville, VA | $42K | 2024 |
| On Our OwnTO FUND MENTAL HEALTH PROGRAM. | Roanoke, VA | $41K | 2024 |
| Lynchburg GrowsTO FUND FOOD INSECURITY VEHICLE AND SPARK MILL PLANNING. | Lynchburg, VA | $40K | 2024 |
| Young Musicians Of AlamanceTO PROVIDE OPERATING FUNDS. | Burlington, NC | $40K | 2024 |
| St Joseph'S VillaTO FUND MENTAL HEALTH PROGRAM/GYM FLOOR. | Richmond, VA | $40K | 2024 |
| Miriam'S HouseTO FUND COMMUNITY FIRST PROGRAM. | Lynchburg, VA | $40K | 2024 |
| CancerlincTO FUND LEGAL ASSISTANCE FOR PATIENTS. | Richmond, VA | $35K | 2024 |
| Leukemia & Lymphoma SocietyTO PROVIDE FINANCIAL ASSISTANCE. | Rye Brook, NY | $35K | 2024 |
| Episcopal Farm WorkersTO FUND CHRISTMAS GIFTS AND SCHOOL SUPPLIES. | Dunn, NC | $35K | 2024 |
| Yellow Door FoundationTO FUND HOUSING PATIENT FAMILIES. | Charlottesville, VA | $30K | 2024 |
| Power CrossTO FUND TRANSPORTATION NEEDS. | Statesville, NC | $30K | 2024 |
| Shalom FarmsTO FUND FOOD ASSISTANCE. | Midlothian, VA | $30K | 2024 |
| Greensboro Urban MinistryTO FUND FOOD AND HOUSING. | Greensboro, NC | $25K | 2024 |
| Boys & Girls Club Of The PiedmontTO FUND MINIBUS. | Statesville, NC | $25K | 2024 |
| Feeding America SwvaTO FUND CHILDREN'S FEEDING PROGRAMS. | Salem, VA | $25K | 2024 |
| Kindness Cafe & PlayTO FUND UVA FACILITY. | Charlottesville, VA | $25K | 2024 |
| United Way Of Greater Richmond & PetersburgTO FUND WOMEN RISE PROGRAM. | Richmond, VA | $20K | 2024 |
| Children'S Home Society Of North CarolinaTO FUND FOSTER CARE ASSISTANCE. | Burlington, NC | $20K | 2024 |
| Fifth Street MinistriesTO FUND SHELTER, VETERANS, AND OTHER PROGRAMS. | Statesville, NC | $20K | 2024 |
| Allied Churches Of Alamance CountyTO FUND COMMUNITY HOUSING. | Burlington, NC | $20K | 2024 |
| Studio 1TO FUND THEATER PROGRAM. | Burlington, NC | $20K | 2024 |
| Assisting Families Of Inmates (Afoi)TO FUND VISITATION SERVICES. | Richmond, VA | $15K | 2024 |
| Community BikesTO FUND TRANSPORTATION NEEDS. | Charlottesville, VA | $10K | 2024 |
| Backpack BeginningsTO FUND EXPANSION CAMPAIGN. | Greensboro, NC | $50K | 2023 |
| Community Clinic Of High PointTO FUND MEDICAL ASSISTANCE. | High Point, NC | $25K | 2023 |
| Benevolence FarmTO FUND WOMEN'S RECOVERY. | Graham, NC | $20K | 2023 |
| Alamance County Economic Development FoundationTO FUND EDUCATORS. | Burlington, NC | $5K | 2023 |
| Eden Village Of WilmingtonTO PROVIDE ASSISTANCE TO MITIGATE HOMELESSNESS. | Wilmington, NC | $20K | 2022 |
| Boots To SuitsTO FUND VETERANS ASSISTANCE. | Richmond, VA | $10K | 2022 |
| Elizabeth Smart FoundationTO PROVIDE OPERATING FUNDS. | Salt Lake City, UT | $10K | 2022 |
| Community StorehouseTO PROVIDE ASSISTANCE FOR FOOD INSECURE CHILDREN. | Martinsville, VA | $10K | 2022 |
| Hinds' Feet FarmTO PROVIDE ASSISTANCE TO ADULTS WITH BRAIN INJURIES. | Huntersville, NC | $5K | 2022 |
| Safe AlamanaceTO FUND FOOD ASSISTANCE. | Graham, NC | $35K | 2021 |
| Tech For TroopsTO FUND VETERANS ASSISTANCE. | Richmond, VA | $20K | 2021 |
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