Mission
TO RAISE MONEY BY BUILDING STRONG RELATIONSHIPS WITH INDIVIDUALS, BY PROVIDING PRODUCTS AND SERVICES THAT MAKE IT EASY TO GIVE AND BY PRUDENT INVESTMENT OF ENDOWMENT FUNDS.
Public Charity
TRUE FRIENDS FOUNDATION
TRUE FRIENDS FOUNDATION, of ANNANDALE, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.6M in revenue, $636K in expenses, $27.1M in total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $7.0M.
EIN: 411645512
ANNANDALE, MN
Latest filing: 2024
Total Revenue$1.6M
Total Expenses$636K
Total Assets$27.1M
Grants Given8
Grant Total$7.0M
Filing Years2020–2024
Sample Grants Given
GENERAL SUPPORT FOR OPERATIONS/FEE ABATEMENT PROGRAM
$576,000
GENERAL SUPPORT FOR OPERATIONS/FEE ABATEMENT PROGRAM
$725,132
GENERAL SUPPORT FOR OPERATIONS/ FEE ABATEMENT PROGRAM
$596,676
GENERAL SUPPORT FOR OPERATIONS/ FEE ABATEMENT PROGRAM
$601,728
GENERAL SUPPORT FOR OPERATIONS/FEE ABATEMENT PROGRAM
$2,177,725
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Brent Miller
VICE CHAIR
Chris Judson
BOARD MEMBER
Debra Penrod
BOARD MEMBER
Jennifer Thalhuber
BOARD MEMBER
Jody Estenson
BOARD MEMBER
Joe Hanson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.6M | $636K | $27.1M |
| 2023 | $767K | $780K | $23.6M |
| 2022 | $1.0M | $652K | $22.6M |
| 2021 | $1.0M | $655K | $27.6M |
| 2020 | $826K | $2.2M | $24.8M |
Between 2020 and 2024, reported annual revenue grew from $826K to $1.6M (+98%), with total assets most recently reported at $27.1M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.