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Truenorth Legacy Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is Foundation Source. It holds total assets of $2.4M. Annual income is reported at $1.4M. Total assets have grown from $376K in 2021 to $2.4M in 2024. The foundation is governed by 10 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. According to available records, Truenorth Legacy Foundation has made 7 grants totaling $495K, with a median grant of $50K. Individual grants have ranged from $10K to $250K, with an average award of $71K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Iowa and Colorado. Contributions to this foundation are tax-deductible.
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.
Truenorth Legacy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IA, CO.
Truenorth Legacy Foundation has distributed a total of $495K across 7 grants. The median grant size is $50K, with an average of $71K. Individual grants have ranged from $10K to $250K.
Truenorth Legacy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Truenorth Legacy Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chad Thurm | Dir | $0 | $0 | N/A |
| Aaron Ellsworth | Dir | $0 | $0 | N/A |
| Mallory Mohwinkle | Dir | $0 | $0 | N/A |
| Kevin Welu | Dir, Treas | $0 | $0 | N/A |
| Anne Parmley | Dir | $0 | $0 | N/A |
| Duane Smith | Dir | $0 | $0 | N/A |
| Loren Coppock | Dir | $0 | $0 | N/A |
| Jason Smith | Dir | $0 | $0 | N/A |
| Matthew R Evans | Dir, Pres | $0 | $0 | N/A |
| Amy Sauter | Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.4M
Fair Market Value
N/A
Net Worth
$2.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$495K
Average Grant
$71K
Median Grant
$50K
Unique Recipients
7
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Theatre Of Cedar Rapids IncGeneral & Unrestricted | Cedar Rapids, IA | $250K | 2023 |
| Foundation 2 IncGeneral & Unrestricted | Cedar Rapids, IA | $75K | 2023 |
| Cedar Rapids Public Library FoundationGeneral & Unrestricted | Cedar Rapids, IA | $75K | 2023 |
| Tanager PlaceGeneral & Unrestricted | Cedar Rapids, IA | $50K | 2023 |
| Wellspring CommunityGeneral & Unrestricted | Castle Rock, CO | $25K | 2023 |
| Boys & Girls Clubs Of The CorridorGeneral & Unrestricted | Cedar Rapids, IA | $10K | 2023 |
| Dogs Forever Of IowaGeneral Purpose | Cedar Rapids, IA | $10K | 2023 |