Skip to content
Nonprofiteer
← TRIMOUNT FOUNDATION INC

Form 990 for tax year 2024

Filed by TRIMOUNT FOUNDATION INC.

Totals

Total revenue
$3,306,089
Total expenses
$1,407,345
Contributions and grants received
$2,246,966
Grants paid
$1,209,176
Program service revenue
$3,823
Investment income
$1,055,300
Other revenue
$0
Total assets, end of year
$19,553,902
Total liabilities, end of year
$25,000
Net assets or fund balances, end of year
$19,528,902
Program services expenses (Part IX)
$1,290,072
Management and general expenses
$117,273
Fundraising expenses
$0
Program service expenses (Part III)
$1,290,072

Program services were 91.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,246,966

  • 2a · Program service revenue: Activity Fees

    total $3,823 · related or exempt $3,823 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $409,687 · related or exempt $0 · unrelated business $0 · excluded $409,687

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $4,222,510 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $3,576,897 · other assets $0

  • 7c · Gain or loss

    securities $645,613 · other assets $0

  • 7d · Net gain or loss

    total $645,613 · related or exempt $0 · unrelated business $0 · excluded $645,613

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,209,176 · program services $1,209,176

  • 11c · Fees: accounting

    total $5,650 · management and general $5,650

  • 11f · Fees: investment management

    total $110,739 · management and general $110,739

  • 13 · Office expenses

    total $884 · management and general $884

  • 16 · Occupancy

    total $38,374 · program services $38,374

  • 22 · Depreciation, depletion and amortization

    total $42,522 · program services $42,522

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,192 · end of year $9,656

  • 2 · Savings and temporary cash investments

    beginning of year $357,168 · end of year $652,878

  • 10a · Land, buildings and equipment: cost or other basis

    $2,623,003

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,334,458

  • 10c · Land, buildings and equipment, net

    beginning of year $1,331,066 · end of year $1,288,545

  • 11 · Investments: publicly traded securities

    beginning of year $15,005,451 · end of year $17,602,823

  • 24 · Unsecured notes and loans payable

    beginning of year $25,000 · end of year $25,000

  • 27 · Net assets without donor restrictions

    beginning of year $16,680,877 · end of year $19,528,902

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

Trimount Foundation Inc provides facilities for Roman Catholic religious worship, doctrinal instruction and moral guidance. These facilities include chapels, meeting space, residences and a retreat center.

Activities or mission (Part I)

Trimount Foundation Inc provides facilities for Roman Catholic religious worship, doctrinal instruction and moral guidance. These facilities include chapels, meeting space, residences and a retreat center. Trimount Foundation Inc currently owns four real properties in the U.S.

  • Provided facilities for Roman catholic religious worship, doctrinal instruction and moral guidance. These facilities include chapels, residences and a retreat center. Trimount Foundation Inc currently owns four real properties in the U.S.

    Expenses $1,290,072 · Grants $1,209,176 · Revenue $3,823

As filed on the 2024 return.

Listed in Part VII

  • Anthony M McCarthy

    President

    Total calculated
    $0
    Hours/week
    0.25 + 0.25 related

  • Maria Antonieta Varela

    Vice President

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Maria Isabel Gomez Orellana

    Vice President

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Michael A Coan

    Clerk

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Arthur Kim C Rivera

    Treasurer

    Total calculated
    $0
    Hours/week
    2 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.0
Source object
202543159349304849

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.