THE TROUSDALE FOUNDATION INC

THE TROUSDALE FOUNDATION INC

Cleveland, TN, US
501(c)3
EIN
22-2986746
Parent Organization

THE TROUSDALE FOUNDATION INC

Cleveland, TN, US
501(c)3
EIN
22-2986746
Parent Organization

Overview

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Est.

1989

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Trousdale Foundation Inc is a nonprofit organization focused on acquiring, owning, and managing nursing homes, hospitals, retirement housing, and healthcare facilities. With an operating budget of $87.4 million and total revenue of $65.1 million for the filing year 2023, the organization receives significant funding, including $7.2 million from an unidentified source. The foundation's mission is centered on enhancing healthcare accessibility and quality for communities through its managed facilities.

Mission Statement

ACQUIRE, OWN, AND MANAGE NURSING HOMES, HOSPITALS, RETIREMENT HOUSING AND HEALTH CARE FACILITIES.
Revenues

$65.1M

Expenses

$87.4M

Net Income:
-$22.3M
Assets

$147.8M

Liabilities

$182.7M

Net Assets:
-$34.9M
Operating Budget

$87.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$778.3K
Largest grant received
$778.3K
T
Thomas D Johnson
Board Member
K
Kenneth C Hart Jr
Board Member
J
Jeanne O Varnell
Board Member

Frequently Asked Questions

What is THE TROUSDALE FOUNDATION INC’s budget?
In 2023, THE TROUSDALE FOUNDATION INC reported an annual operating budget of around $87.4 million. More detailed financial information is available to registered users.
What causes does THE TROUSDALE FOUNDATION INC support?
THE TROUSDALE FOUNDATION INC supports work in Foundations.
Where does THE TROUSDALE FOUNDATION INC operate?
THE TROUSDALE FOUNDATION INC is headquartered in Cleveland, TN.
Who funded THE TROUSDALE FOUNDATION INC recently?
In 2024, THE TROUSDALE FOUNDATION INC received grants from TROUSDALE LIVING COMMUNITIES INC, TROUSDALE LIVING COMMUNITIES INC, and TROUSDALE LIVING COMMUNITIES INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE TROUSDALE FOUNDATION INC received in 2024?
The largest grant to THE TROUSDALE FOUNDATION INC in 2024 exceeds $778 thousand.
What is THE TROUSDALE FOUNDATION INC’s reliance on government grants?
THE TROUSDALE FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2023.
Overview
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