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True Homes Foundation Inc. is a private corporation based in MONROE, NC. The foundation received its IRS ruling in 2020. It holds total assets of $4.6M. Annual income is reported at $624K. Total assets have grown from $1.5M in 2020 to $4.6M in 2024. The foundation is governed by 4 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 2020 to 2024. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, True Homes Foundation Inc. has made 941 grants totaling $3M, with a median grant of $1K. Annual giving has decreased from $702K in 2020 to $499K in 2024. Grantmaking activity was highest in 2022 with $968K distributed across 380 grants. Individual grants have ranged from N/A to $280K, with an average award of $3K. The foundation has supported 583 unique organizations. The foundation primarily supports organizations in North Carolina, District of Columbia, South Carolina, which account for 65% of all grants. Grantmaking reaches organizations across 40 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$7K
Largest Grant
$280K
Based on 133 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.
True Homes Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 941 grants. Its grantmaking reaches organizations primarily in NC, DC, SC.
True Homes Foundation Inc. has distributed a total of $3M across 941 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from N/A to $280K.
True Homes Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
True Homes Foundation Inc. is headquartered in MONROE, NC. While based in NC, the foundation distributes grants to organizations across 40 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| DANIEL HORNER | PRESIDENT | $0 | $0 | N/A |
| STEVE SWEETSER | TREASURER | $0 | $0 | N/A |
| G DAVID CUTHERBERSTON | BOARD CHAIR | $0 | $0 | N/A |
| MARK W BOYCE | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
Total Giving
$499K
Total Assets
$4.6M
Fair Market Value
$4.6M
Net Worth
$4.5M
Grants Paid
$499K
Contributions
$429K
Net Investment Income
$195K
Distribution Amount
$206K
Total Grants
941
Total Giving
$3M
Average Grant
$3K
Median Grant
$1K
Unique Recipients
583
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| BUILDERS BRIDGEGENERAL SUPPORT | MONROE, NC | $51K | 2024 |
| NATIONAL HOUSING ENDOWMENTGENERAL SUPPORT | WASHINGTON, DC | $110K | 2024 |
| MOMS MOVING FORWARDGENERAL SUPPORT | CHARLOTTE, NC | $50K | 2024 |
| CAMINO COMMUNITY DEVELOPMENT FOUND'NGENERAL SUPPORT | CHARLOTTE, NC | $48K | 2024 |
| DREAMKEY PARTNERS INCGENERAL SUPPORT | CHARLOTTE, NC | $26K | 2024 |
| JOHN M PERKINS FOUNDATIONGENERAL SUPPORT | JACKSON, MS | $21K | 2024 |
| PARITY HOMESGENERAL SUPPORT | BALTIMORE, MD | $20K | 2024 |
| NCA&T SCHOLARSHIPSGENERAL SUPPORT | GREENSBORO, NC | $9K | 2024 |
| SAMARITAN'S PURSEGENERAL SUPPORT | BOONE, NC | $8K | 2024 |
| DONE IN LOVE INCGENERAL SUPPORT | CARY, NC | $8K | 2024 |
| COMMUNITY LINKGENERAL SUPPORT | CHARLOTTE, NC | $5K | 2024 |
| CITADEL OF PRAISEGENERAL SUPPORT | GREENSBORO, NC | $5K | 2024 |
| UNC CHARLOTTE FOUNDATIONGENERAL SUPPORT | CHARLOTTE, NC | $5K | 2024 |
| PROMISING PAGESGENERAL SUPPORT | CHARLOTTE, NC | $5K | 2024 |
| ATRIUM HEALTH WAKE FORESTGENERAL SUPPORT | WINSTONSALEM, NC | $5K | 2024 |
| RILEY'S CATCHGENERAL SUPPORT | HUNTERSVILLE, NC | $4K | 2024 |
| THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATIONGENERAL SUPPORT | CHAPEL HILL, NC | $4K | 2024 |
| WILLS PLACE INCGENERAL SUPPORT | ALBEMARLE, NC | $4K | 2024 |
| HAVEN MEN'S FOUNDATIONGENERAL SUPPORT | ROCK HILL, SC | $3K | 2024 |
| ST JUDE CHILDREN'S RESEARCH HOSPITALGENERAL SUPPORT | MEMPHIS, TN | $3K | 2024 |
| FOUNDATION FOR THE CAROLINASGENERAL SUPPORT | CHARLOTTE, NC | $3K | 2024 |
| TUNNEL TO TOWERS FOUNDATIONGENERAL SUPPORT | STATEN ISLAND, NY | $2K | 2024 |
| THE LIFE HOUSE WOMEN'S SHELTER INCGENERAL SUPPORT | ROCK HILL, SC | $2K | 2024 |
| TIME OUT YOUTHGENERAL SUPPORT | CHARLOTTE, NC | $2K | 2024 |
| PROJECT 658GENERAL SUPPORT | CHARLOTTE, NC | $2K | 2024 |
| FOSTER VILLAGE CHARLOTTEGENERAL SUPPORT | CHARLOTTE, NC | $2K | 2024 |
| ALZHEIMER'S ASSOCIATIONGENERAL SUPPORT | CHICAGO, IL | $2K | 2024 |
| INDIAN LAND SCOUTINGGENERAL SUPPORT | INDIAN LAND, SC | $2K | 2024 |
| YOUNG LIFEGENERAL SUPPORT | HARLAN, IA | $2K | 2024 |
| THE SALVATION ARMYGENERAL SUPPORT | ATLANTA, GA | $1K | 2024 |
| LOVE CHATHAM RALEIGHGENERAL SUPPORT | SILER CITY, NC | $1K | 2024 |
| SUSAN G KOMENGENERAL SUPPORT | HUNTERSVILLE, NC | $1K | 2024 |
| MID-ATLANTIC PUG RESCUE INCGENERAL SUPPORT | LANCASTER, SC | $1K | 2024 |
| BEDS FOR KIDSGENERAL SUPPORT | CHARLOTTE, NC | $1K | 2024 |
| AMERICAN HEART ASSOCIATIONGENERAL SUPPORT | DALLAS, TX | $1K | 2024 |
| WATCHTOWER BIBLE AND TRACT SOCIETYGENERAL SUPPORT | WALLKILL, NY | $1K | 2024 |
| DORCHESTER PAWSGENERAL SUPPORT | SUMMERVILLE, SC | $1K | 2024 |
| HUMANE SOCIETY OF YORK COUNTYGENERAL SUPPORT | FORT MILL, SC | $1K | 2024 |
| HER HAVEN OF LIGHTGENERAL SUPPORT | CLAYTON, NC | $1K | 2024 |
| AMERICAN RED CROSSGENERAL SUPPORT | CHARLOTTE, NC | $1K | 2024 |
| CRISIS ASSISTANCE MINISTRYGENERAL SUPPORT | CHARLOTTE, NC | $1K | 2024 |
| SHE BUILT THIS CITYGENERAL SUPPORT | CHARLOTTE, NC | $1K | 2024 |
| PROJECT 2 HEALGENERAL SUPPORT | WAXHAW, NC | $1K | 2024 |
| CHRISTIAN ADOPTION SERVICESGENERAL SUPPORT | INDIAN TRAIL, NC | $1K | 2024 |
| CAROLINA RELIEF - DREAM CENTERGENERAL SUPPORT | ASHEVILLE, NC | $1K | 2024 |
| CAROLINA OUTPOSTGENERAL SUPPORT | FT MILL, SC | $1K | 2024 |
| BABY BUNDLESGENERAL SUPPORT | CHARLOTTE, NC | $1K | 2024 |
| BOY SCOUT TROOP 277GENERAL SUPPORT | ROCK HILL, SC | $1K | 2024 |
| TRUE FREEDOM MINISTRIESGENERAL SUPPORT | INDIANAPOLIS, IN | $1K | 2024 |
| WINE TO WATERGENERAL SUPPORT | BOONE, NC | $1K | 2024 |