Philanthropy & Grantmaking
(T11)
IRS Verified
DX Registered
990 on File
FRIENDS OF THE TRUMAN FOUNDATION
Financial strength (30%)
69/100
Reliability (20%)
45/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Friends of the Truman Foundation is the nonprofit partner of the Harry S. Truman Scholarship Foundation. Friends of Truman raises private donations and support for the operations and activities of the Truman Foundation, including programs and fellowships for Truman Scholars and those committed to public service. We offer events, programming, mentoring, and other opportunities to those who are working to build the next generation of public service leaders in an increasingly diverse and interconnected world.
Financial Overview — FY 2025
$301K
Total Revenue
$263K
Total Expenses
$2.4M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
55.2%
Fundraising Efficiency
N/A
Operating Reserve
109.00x
Liability-to-Asset
0.0%
Revenue Diversification
72.6%
Compared with Peers
FY 2025
Compared with 8,005 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
55.2% | 90.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.4% | 7.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
20.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
109.0 mo | 98.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.6% | 90.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
9.4% | 11.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
74.5% | 8.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.7% | 4.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $301K | $263K | $2.4M | 55.2% | 1 |
| 2024 | $275K | $151K | $2.3M | 46.3% | 1 |
| 2023 | $532K | $164K | $1.9M | 58.4% | 2 |
| 2022 | $408K | $185K | $1.3M | 0.2% | 1 |
| 2021 | $593K | $148K | N/A | — | 0 |
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