Program areas at True Friends Foundation
This Foundation is organized exclusively for the benefit of True Friends, a Minnesota corporation, and to these ends to take hold by bequest, devise, gift, grant, purchase, lease or otherwise any property, real or personal, tangible or intangible and to sell, convey or otherwise dispose of such property and invest, reinvest or deal with such property in a manner which promotes the purposes herein mentioned.
Grants made by True Friends Foundation
| Grantee | Grant description | Grant year | Amount |
|---|
| True Friends | General Support for Operations/ Fee Abatement Program | 2022-12 | $596,676 |
Personnel at True Friends Foundation
| Name | Title | Compensation | Date of data |
|---|
| John Leblanc | President and Chief Executive Officer | $0 | 2023-09-08 |
| Lon Bencini | Secretary | $0 | 2023-11-06 |
| Mary Kemp Murray | Vice Chair | $0 | 2022-12-31 |
| Steven Lacke | Chair | $0 | 2022-12-31 |
| Gaylen Ghylin | Treasurer | $0 | 2022-12-31 |
| ...and 4 more key personnel |
Financials for True Friends Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $386,664 | $117,419 | 229.3% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $222,404 | $236,195 | -5.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $411,658 | $668,876 | -38.5% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,020,726 | $1,022,490 | -0.2% |
Organizations like True Friends Foundation
| Organization | Type | Location | Revenue |
|---|
| USEA Foundation | 501(c)(3) | Leesburg, VA | $716,826 |
| Ushja Foundation | 501(c)(3) | Lexington, KY | $349,599 |
| Eastern Florida State College Foundation | 501(c)(3) | Cocoa, FL | $1,758,149 |
| The Endowment Fund of Maccabi USA Sports for Israel | 501(c)(3) | Philadelphia, PA | $4,913,474 |
| Champaign Parks Foundation | 501(c)(3) | Champaign, IL | $284,130 |
| Mary A Cunningham Trust | 501(c)(3) | Milton, MA | $949,187 |
| The Tower Grove Park Foundation | 501(c)(3) | Saint Louis, MO | $2,038,196 |
| Camp Aranzazu Foundation | 501(c)(3) | Houston, TX | $1,300,234 |
| Galena Park Isd Education Foundation | 501(c)(3) | Galena Park, TX | $383,556 |
| Lincoln Trail College Foundation | 501(c)(3) | Robinson, IL | $706,246 |
Data update history
November 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 6, 2023
Updated personnel
Identified 6 new personnel
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 18, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsSports organizationsChapter / child organizationsCharities
Issues
Human services
Characteristics
Funds one specific organizationEndowed supportTax deductible donationsNo full-time employees
General information
- Address
- 10509 108th St NW
- Annandale, MN 55302
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Wright County, MN
- Website URL
- truefriends.org/Â
- Phone
- (952) 852-0101
IRS details
- EIN
- 41-1645512
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1989
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- N11: Recreation and Sports Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
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