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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. Total assets have grown from $2M in 2011 to $49.1M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in North Carolina and Virginia. 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.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$88K
Largest Grant
$1.5M
Based on 30 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.
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 | N/A |
| Kathleen H Piermarini | TREASURER/SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$49.1M
Fair Market Value
N/A
Net Worth
$49.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| 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 |
| Big Brothers & SistersTO FUND MENTORING. | Morrisville, NC | $150K | 2024 |
| Blue Ridge Area Food BankTO FUND AGENCY CAPACITY AND HEADQUARTERS RENOVATIONS. | Charlottesville, VA | $150K | 2024 |
| Christmas CheerGENERAL FUNDS. | Burlington, NC | $100K | 2024 |
| Alamance Community College FoundationTO FUND SCHOLARSHIPS AND MENTAL HEALTH PROGRAMS. | Graham, NC | $100K | 2024 |
| Safe AlamanceTO FUND FOOD ASSISTANCE. | 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 |
| 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 |
| Lynchburg GrowsTO FUND FOOD INSECURITY VEHICLE AND SPARK MILL PLANNING. | Lynchburg, VA | $40K | 2024 |
| Miriam'S HouseTO FUND COMMUNITY FIRST PROGRAM. | Lynchburg, VA | $40K | 2024 |
| CancerlincTO FUND LEGAL ASSISTANCE FOR PATIENTS. | Richmond, VA | $35K | 2024 |
| Episcopal Farm WorkersTO FUND CHRISTMAS GIFTS AND SCHOOL SUPPLIES. | Dunn, NC | $35K | 2024 |
| Leukemia & Lymphoma SocietyTO PROVIDE FINANCIAL ASSISTANCE. | Rye Brook, NY | $35K | 2024 |
| Yellow Door FoundationTO FUND HOUSING PATIENT FAMILIES. | Charlottesville, VA | $30K | 2024 |
| Shalom FarmsTO FUND FOOD ASSISTANCE. | Midlothian, VA | $30K | 2024 |
| Power CrossTO FUND TRANSPORTATION NEEDS. | Statesville, NC | $30K | 2024 |
| Boys & Girls Club Of The PiedmontTO FUND MINIBUS. | Statesville, NC | $25K | 2024 |
| Kindness Cafe & PlayTO FUND UVA FACILITY. | Charlottesville, VA | $25K | 2024 |
| Feeding America SwvaTO FUND CHILDREN'S FEEDING PROGRAMS. | Salem, VA | $25K | 2024 |
| Greensboro Urban MinistryTO FUND FOOD AND HOUSING. | Greensboro, NC | $25K | 2024 |
| Allied Churches Of Alamance CountyTO FUND COMMUNITY HOUSING. | Burlington, NC | $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 |
| United Way Of Greater Richmond & PetersburgTO FUND WOMEN RISE PROGRAM. | Richmond, VA | $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 |