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New York · Public charity

Trufund Financial Services Inc

Trufund's (tfs) mission is to promote and foster economic development in underserved communities and among disadvantaged populations. For more information, see schedule o.

$41k
Granted FY2019
3
Grants FY2019
3
Organizations funded FY2019
67%
First-time grantees FY2019
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Median grant, FY2019
$14,646
Largest grant, FY2019
$16,082
Organizations funded a year
3 to 15
FY2017 to FY2019
States reached, FY2019
1
Total assets, FY2019
$50M

How open it is to new grantees

In FY2019, 67% of the organizations Trufund Financial Services Inc funded were first-time grantees, receiving 75% of its grant dollars.

New vs renewed · share of each year

In FY2019, 25% of grant dollars renewed an existing relationship; $31k went to new ones.

50%100%’18’19
RenewedFirst-time
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20193$41k67%
FY201815$841k93%
FY201715$815kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2019.

Public Safety & Disaster$1.7M

Top grantees

Largest recipients by total granted, FY2017 to FY2019, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Trim & Trim of Louisana Inc$176,0002n/a
Cornerstone Commerical$60,0001n/a
B&P Enterprises of Avoyelles Parish Inc$60,0001n/a
Hulco Printers Inc$60,0001n/a
Stric-Lan Companies$60,0001n/a
Randazzo Italian Market$60,0001n/a
Gulf South Engineering and Testing Inc$60,0001n/a
POOR BOY'S RIVERSIDE INN inc$60,0001n/a
Tadi Brown$60,0001n/a
Charles T Coleman Dmd Prof Dent Corp$60,0001n/a
Show all 31 grantees
All grantees of Trufund Financial Services Inc by total granted
GranteeTotal grantedYearsShare of their budget
Trim & Trim of Louisana Inc$176,0002n/a
Cornerstone Commerical$60,0001n/a
B&P Enterprises of Avoyelles Parish Inc$60,0001n/a
Hulco Printers Inc$60,0001n/a
Stric-Lan Companies$60,0001n/a
Randazzo Italian Market$60,0001n/a
Gulf South Engineering and Testing Inc$60,0001n/a
POOR BOY'S RIVERSIDE INN inc$60,0001n/a
Tadi Brown$60,0001n/a
Charles T Coleman Dmd Prof Dent Corp$60,0001n/a
Quark Entertainment$60,0001n/a
Lashish Lebanese & Greek Cafe Inc$60,0001n/a
Delta Electric Company of Baton Rouge Inc$60,0001n/a
Street Breads$60,0001n/a
Allstate Land & Timber Company Inc$60,0001n/a
La Carretta$60,0001n/a
Amb$60,0001n/a
Transpo King$60,0001n/a
Rotating Reliability Solutions LLC$60,0001n/a
C&A Associates Inc$60,0001n/a
Entire Environmental Services Inc$55,2671n/a
Owen Prestridge Contractor LLC$55,2001n/a
Ivey Construction LLC$51,5181n/a
Gents Enterprises$48,9471n/a
White Tail Butcher$40,0001n/a
Emery and Duncan$31,3801n/a
Grain Bin Services Inc$29,5382n/a
Mr Poboy$20,0001n/a
Nom Nom Yogurt$18,5361n/a
Tick Flaw River Boat$16,0821n/a
Henderson Equipment$14,6461n/a

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About Trufund Financial Services Inc

How much does Trufund Financial Services Inc give?
Trufund Financial Services Inc reported 3 grants totaling $40,790 in its FY2019 IRS filing. It funded between 3 and 15 organizations a year over FY2017 to FY2019.
What does Trufund Financial Services Inc fund?
By grant dollars over FY2017 to FY2019, its largest causes are Public Safety & Disaster (100%).
Who are Trufund Financial Services Inc's largest grantees?
By total granted over FY2017 to FY2019: Trim & Trim of Louisana Inc ($176k), Cornerstone Commerical ($60k), B&P Enterprises of Avoyelles Parish Inc ($60k).
Does Trufund Financial Services Inc fund new organizations?
In FY2019, 67% of the organizations it funded were first-time grantees.
Where is Trufund Financial Services Inc based?
Trufund Financial Services Inc is based in NY.

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 31 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 e-file return for fiscal year 2019, released 2019. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2019, the most recent year this funder made grants.

Source object · view filing

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