Skip to content

· Private foundation

Troan Foundation Inc

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$75k
Granted FY2025still arriving
6
Grants FY2025still arriving
2
States reached
$20k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Science & Tech$380kEducation$365kFood & Nutrition$96kCivil Rights$70kReligion$25kInternational$20kPublic Safety & Disaster$11kCommunity Improvement$5kOther$0
02FY2025 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k3 grants · $15k
  • $10k–50k3 grants · $60k
$20,000
Median grant
2
States reached
$1.9M
Total assets
Largest grants
RecipientAmount
NORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATION$20,000
SOUTH CAROLINA GOVERNORS SCHOOL FOR SCIENCE & MATHEMATICS FOUNDATION INC$20,000
NC STATE ENGINEERING FOUNDATION$20,000
FOOD BANK OF NC$5,000
A PLACE AT THE TABLE$5,000
CITY HARVEST$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY22–22, $20k) land where the poverty rate runs at 16%, against an area that typically sits at 13%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 13%WELLS INTERNATIONAL FOUNDATION: $20k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

87%of every dollar goes to organizations it has funded before.
$850k · 9 repeat orgs$122k to everyone else

Grantees it renews have grown median revenue +208% since the first grant, against +131% for those funded once.

9 repeat relationships: 5 still active in FY2025, 4 since wound down; 1 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

9
11

Total granted

$850k
$117k

Median revenue growth · since first grant

+208%
+131%

Still filing today

56%
36%

New vs renewed · share of each year

In FY2025, 93% of grant dollars renewed an existing relationship; $5k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationFood & NutritionCrime & LegalHuman ServicesCivil RightsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • NS
    NC STATE ENGINEERING FOUNDATION INC
    5× · 2021–2025 · $270k · revenue +208%
  • NORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATION
    9× · 2017–2025 · $186k · revenue +531%
  • FOOD BANK OF CENTRAL & EASTERN NC INC
    5× · 2017–2021 · $39k · revenue +86%

Funded once

  • UO
    UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
    one grant, 2019 · $25k
  • CO
    CHURCH OF THE NATIVITY
    one grant, 2019 · $25k
  • WI
    Wells International Foundationgraduated
    one grant, 2022 · $20k · revenue +131%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
2
North Carolina State University College of Sciences Foundation Inc

Provide financial support for all types of education and research within the college of sciences at north carolina state university.

Philanthropy
3
North Carolina State University Foundation Inc

Supports, by financial assistance and otherwise, the various colleges within the university, the libraries, and other university-connected functions.

Education
4
New York University School of Law Foundation

The foundation, a subsidiary of new york university, fosters legal education and research at new york university's school of law by awarding scholarships, making grants for educational purposes related to law, and supporting programs of…

Education
5
The Good Food Institute Inc

To harness the power of food innovation and markets to make the global food system better for the planet, people, and animals by supporting efforts to make alternative proteins accessible, affordable, and delicious.

Food & Nutrition
6
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
7
Partners in Food Solutions

Improve the food value chain in developing countries by mobilizing corporate volunteers to share knowledge and expertise with small and growing food processors.

International
8
Second Harvest North Central Food Bank

Engaging the community to end hunger

—
9
North Carolina Biotechnology Center

The north carolina biotechnology center aids the biotechnology-related efforts of researchers, businesses, state and federal governments, and other agencies primarily through awards of grants and loans related to specific programs and…

Science & Tech
10
The Common Application Inc

The common application is a not-for-profit membership organization of over 1,100 colleges and universities across the globe committed to access, equity, and integrity in the college admission process. every year, over 1.5 million students…

Education
11
The Union of Concerned Scientists Inc

The union of concerned scientists puts rigorous, independent science into action, developing solutions and advocating for a healthy, safe, and just future.

International
12
Federation of State Medical Boards of the United States Inc

The fsmb serves as the voice for state medical boards, supporting them through education, assessment, research and advocacy while providing services and initiatives that promote patient safety, quality health care and regulatory best…

Health
How this is measured
The grantee most central to the portfolio’s shape is Naacp Legal Defense & Educ Fund Inc; the most unlike its peers is Wells International Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

10 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 21 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
10/10
Grantees still filing
7/10
Grew since first funded

Where the money sits, by cause and then by grantee

NORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATION: $186,000 · OtherNORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATIONMorehead Planetarium & Science Center: $100,000 · OtherMorehead Planetarium & Science CenterGSSM Foundation: $87,500 · OtherGSSM FoundationSOUTH CAROLINA GOVERNORS SCHOOL FOR SCIENCE & MATHEMATICS FOUNDATION INC: $60,000 · OtherSOUTH CAROLINA GOVERNORS SCHOOL FOR SCIENCE & MATHEMATICS FOU…UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: $25,000 · OtherCHURCH OF THE NATIVITY: $25,000 · Other+6 more: $43,480 · Other+6 moreNC STATE ENGINEERING FOUNDATION INC: $270,000 · EducationNC STATE ENGINEERING FOUNDATION …+2 more: $6,000 · EducationFOOD BANK OF CENTRAL & EASTERN NC INC: $39,000 · Food & NutritionFOOD BANK…A PLACE AT THE TABLE: $35,000 · Food & NutritionA PLACE A…CITY HARVEST INC: $5,000 · Food & NutritionCITY HARV…SOUTHERN COALITION FOR SOCIAL JUSTICE: $60,000 · Crime & LegalWells International Foundation: $20,000 · Human ServicesNAACP LEGAL DEFENSE & EDUC FUND INC: $10,000 · Civil Rights
Other$526,980Education$276,000Food & Nutrition$79,000Crime & Legal$60,000Human Services$20,000Civil Rights$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetNC STATE ENGINEERING FOUNDATION INC: $270,000 over 5y, 0.5% of budgetNORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATION: $186,000 over 9y, 0.7% of budgetSOUTHERN COALITION FOR SOCIAL JUSTICE: $60,000 over 5y, 0.1% of budgetFOOD BANK OF CENTRAL & EASTERN NC INC: $39,000 over 5y, 0.0% of budgetA PLACE AT THE TABLE: $35,000 over 8y, 1.0% of budgetWells International Foundation: $20,000 over 1y, 21% of budgetNAACP LEGAL DEFENSE & EDUC FUND INC: $10,000 over 1y, 0.0% of budgetCITY HARVEST INC: $5,000 over 1y, 0.0% of budgetThe School for Ethics and Global Leadership: $5,000 over 1y, 0.1% of budgetCODE THE DREAM INC: $1,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds NC STATE ENGINEERING FOUNDATION INC ↗
  • Who funds NORTH CAROLINA SCHOOL OF SCIENCE AND MATHEMATICS FOUNDATION ↗
  • Who funds SOUTHERN COALITION FOR SOCIAL JUSTICE ↗
  • Who funds FOOD BANK OF CENTRAL & EASTERN NC INC ↗
  • Who funds A PLACE AT THE TABLE ↗
  • Who funds Wells International Foundation ↗
  • Who funds NAACP LEGAL DEFENSE & EDUC FUND INC ↗
  • Who funds CITY HARVEST INC ↗
  • Who funds The School for Ethics and Global Leadership ↗
  • Who funds CODE THE DREAM INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Triangle Community Foundation IncNC13.4× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Triangle Community Foundation Inc · Fidelity Foundation · Duke Energy Foundation · Verizon Foundation · The Pfizer Foundation Inc · Charities Aid Foundation America · National Philanthropic Trust · American Online Giving Foundation Inc · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Troan Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Troan Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%2%6%14%25%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    2report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 21 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Troan’s filings →

    More from the funding graph