Truebeck Foundation
Nonprofit profile at a glance
- EIN
- 884155861
- IRS 990-PF coverage
- 2024–2024
- Forms available
- Form 990-PF 2024
- Location
- San Mateo, CA, USA
- Phone
- 9168342225
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $972,196
- Expenses
- $803,388
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
Fund Raising and/or Fund Distribution
What it reported funding in 2024
The foundation reported 11 grants totaling $185,012. The stated grant purposes included scholarship - real estate initiative excellence endowment, scholarship donations, and student 4-year scholarship, plus 3 other reported purposes.
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
The verdict
SUPPORTED - A large share of available resources goes to charitable grants and the filing identifies who received its grants. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 45
- Transparency: 100
- Compliance: 50
- Endowment Health: 5
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 96th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 45.2%; rating input score 45; 21st percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: Limited
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 0.96; rating input score 5; 5th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: At least 100% grant deployment rate
- Trustees: Filed trustees detail
- Investments: 5th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- 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.
- Moderate — Cost Efficiency: Grant expense ratio scored 45/100.
- High — Endowment Health: Endowment-health comparison scored 5/100.