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Truth Initiative Foundation

Public charity990-T FY2023
DBA: % NAAG
Other · WASHINGTON, DC · EIN 91-1956621

About

Truth initiative's mission is to achieve a culture where young people reject smoking, vaping, and nicotine. The purposes for which the foundation is formed are to support (1) the study of and programs to reduce youth tobacco product usage & youth substance (CONT. On SCH o)abuse in the states and (2) the study of and educational programs to prevent diseases associated with the use of tobacco products in the states.

In care of NAAG

Donations are tax-deductible
Category
Other
Employees
204
Volunteers
264

Financial Snapshot

FY ending 2025-06-30
Revenue
$53.0M
Expenses
$109.7M
Assets
$676.3M
Liabilities
$100.1M

Financial history

$117.0M$58.5M$0
171819202122232425
RevenueExpenses
Latest FY2025: $53.0M · Peak FY2019: $98.7M · Avg: $67.7M

Foreign activity (Schedule F)

Total spent abroad$16.6M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EAST ASIA AND THE PACIFIC
EUROPE (INCLUDING ICELAND & GREENLAND)
NORTH AMERICA

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$251K
TRUTH INITIATIVE FOUNDATION
Your actions

Address

900 G Street NW 4TH FLR
Washington, DC, 20001-533

Governance

Voting board members11
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$140K
Retained by contractors$140K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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