The Trufant Family Foundation
- Assets
- $177.9k
- Revenue
- $56.1k
- Investments
- $113.0k
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 01/2005
- Data as of
- 12/2022
- EIN
- 20-0372528
Organization Overview
The Trufant Family Foundation is located in Tacoma, WA. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trufant Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Trufant Family Foundation generated $56.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $44.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Trufant Family Foundation has awarded 74 individual grants totaling $189,162. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance V Trufant Director, President, Treas | 30 | $10,000 | |
Jessica Trufant Director, Secretary | 10 | $0 | |
Marcus L Trufant Director | 5 | $0 | |
Isaiah J Trufant Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,248 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,591 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $287 |
| Capital Gain Net Income | $287 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,832 |
| Total operating and administrative expenses | $44,125 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $44,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,125 |
| Savings and temporary cash investments | $1,441 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31,263 |
| Total assets | $177,858 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Trufant Family Foundation has awarded $3,628 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BRINK PROPERTY MANAGEMENT PURPOSE: COMMUNITY SUPPORT | $1,128 |
CLOVER PARK TECHNICAL COLLEGE FOUNDATION PURPOSE: SCHOLARSHIPS FOR STUDENTS | $2,400 |
ARC DANCE PRODUCTIONS PURPOSE: COMMUNITY SUPPORT | $100 |