The Trent Foundation

Nonprofit profile at a glance

EIN
823778718
IRS 990-PF coverage
2018–2022
Forms available
Form 990-PF 2022
Location
Vestavia Hills, AL, USA
Phone
9515323211
Rating
12
Verdict
AVOID
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$5,483
Expenses
$0

Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.

Overview

Mission

Private Grantmaking Foundations

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

AVOID - The filed numbers largely add up. A relatively small share of available resources goes to charitable grants and the filing does not identify all grant recipients.

Rating breakdown

  • Grant Deployment: 0
  • Cost Efficiency: NotEnoughData
  • Transparency: 0
  • Compliance: 61
  • Endowment Health: NotEnoughData

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 0%; rating input score 0; 2nd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: Limited

Transparency

  • Grant recipient disclosure: Scored; rating input score 0

Compliance

  • Part VII-B activity disclosures: 4 of 18 controls in place; rating input score 22
    • Property sale or exchange with a disqualified person: Fail
    • Borrowing from or lending to a disqualified person: Fail
    • Goods, services, or facilities involving a disqualified person: Fail
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Fail
    • Payment to a government official: Fail
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: NotApplicable
    • Excess business holdings: Fail
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Fail
    • Attempt to influence an election: Fail
    • Grants to individuals: Fail
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Fail
    • Funds received for a personal-benefit contract: Fail
    • Premiums paid on a personal-benefit contract: Fail
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Payout: At most 0% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: Filed investments detail
  • Consistency: 9 of 9 current checks pass
  • Filing history: 5 filing years from 2018 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Grant Deployment: Grant deployment ratio scored 0/100.
  • High — Transparency: Grant recipient disclosure scored 0/100.
  • High — Compliance: Part VII-B activity disclosures: 14 of 18 not reported.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.