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Truth Project is a private corporation based in SAINT PAULS, NC. The foundation received its IRS ruling in 2021. It holds total assets of $7.6M. Annual income is reported at $908K. Total assets have grown from $317K in 2019 to $2.9M in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2022. The foundation primarily funds organizations in North Carolina and Georgia. According to available records, Truth Project has made 18 grants totaling $307K, with a median grant of $5K. Annual giving has decreased from $152K in 2020 to $35K in 2022. Individual grants have ranged from $100 to $110K, with an average award of $17K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Tennessee, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$7K
Average Grant
$30K
Largest Grant
$100K
Based on 4 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.
Truth Project primarily funds organizations in the area of religion. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NC, GA, TN.
Truth Project has distributed a total of $307K across 18 grants. The median grant size is $5K, with an average of $17K. Individual grants have ranged from $100 to $110K.
Truth Project typically selects its grantees rather than accepting unsolicited proposals.
Truth Project is headquartered in SAINT PAULS, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thad J Davis | PRESIDENT | $0 | $0 | N/A |
| Cheryl J Davis | TREASURER | $0 | $0 | N/A |
Total Giving
$169K
Total Assets
$2.9M
Fair Market Value
$2.9M
Net Worth
$2.9M
Grants Paid
$17K
Contributions
$1M
Net Investment Income
N/A
Distribution Amount
$94K
Total Grants
18
Total Giving
$307K
Average Grant
$17K
Median Grant
$5K
Unique Recipients
10
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The RemnantOFFERING | Lumberton, NC | $15K | 2022 |
| Parm MissionsOFFERING | Maxton, NC | $2K | 2022 |
| St Jude Children'S Research HospitalOFFERING | Memphis, TN | $300 | 2022 |
| Faith Assembly Of GodOFFERING | St Pauls, NC | $100K | 2021 |
| Jonathan Zeigler MinistriesOFFERING | Norcross, GA | $7K | 2021 |
| Jimmy Jones MinistriesOFFERING | Maxton, NC | $7K | 2021 |
| Keith Oxendine MinistriesOFFERING | Shannon, NC | $17K | 2020 |
| Beyond The Veil Assembly Of GodOFFERING | Laurinburg, NC | $3K | 2020 |
| North Star InitiativeOFFERING | Lititz, PA | $250 | 2020 |
| Pathway To VictoryOFFERING | Dallas, TX | $100 | 2020 |