NonprofitsTrue Value Foundation

Education

True Value Foundation

CHICAGO, IL

Total revenue

$465K

Total expenses

$554K

Net assets

$214K

Grants received

$80K

7 grants

EIN

261897927

Tax year

2024

Mission

True value foundation provides resources to improve the lives of youth in the communities we serve.

Programs

2 programs

Painting a brighter future is a program that rallies retailers to the cause of enhancing the educational environment in their communities. Elementary, junior high and high schools as well as boys and girls clubs across the country that meet basic qualifications are eligible to apply for an award to receive up to 40 gallons of paint to help improve its facilities.

Expenses: $92K

When a true value company retailer gives back to a youth-development focused non-profit organization in your community, true value foundation matches the contribution dollar for dollar to qualifying organizations, up to $1,000 annually.

Expenses: $21K

Financials

FY 2024

Revenue

Contributions & grants$90K
Program service revenue
Investment income$5K
Other revenue$370K
Total revenue$465K

Expenses

Grants paid$303K
Salaries & benefits$76K
Fundraising$46K
Other expenses$174K
Total expenses$554K
Total assets$483K
Net assets$214K

People

6 listed

NameRoleCompensation

JOHN VANDERPOOL

PRESIDENT

Board

1 hrs/wk

DAREN PADGETT

DIRECTOR

Board

1 hrs/wk

CALVIN SMITH

TREASURER

Board

1 hrs/wk

LEE RECTOR

SECRETARY

Board

1 hrs/wk

SUSAN M RADDE

DIRECTOR

Board

1 hrs/wk

KATIE DEMARIS

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$15K
COMMUNITY DEVELOPMENT
2024
$11K
COMMUNITY DEVELOPMENT
2023
$500
GENERAL SUPPORT
2023
$18K
COMMUNITY DEVELOPMENT
2022
$20K
COMMUNITY DEVELOPMENT
2021
$13K
Program Support
2019
$4K
General & Unrestricted
2018

Funded by

$80K from 5 funders · 7 grants · 2018–2024

Servant Foundation

$49K · 3 grants · 2021–2023

Natl Christian Charitable Fdn Inc

$15K · 1 grant · 2024

Enterprise Holdings Foundation

$13K · 1 grant · 2019

Littler Mendelson Foundation Inc

$500 · 1 grant · 2023

Details

EIN261897927
NTEE codeB82
Subsection03
Ruling date2008-08
Formed2008
Employees0
Volunteers119
TRUE VALUE FOUNDATION — Mission, Financials & Grants Received | Grantivo