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Filing year 2024

Tesco Foundation

Richmond, Virginia·EIN 27-2314595·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$222k
Total assets
$3.9M
Total expenses
$325k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. Tesco Foundation reported 3 unpaid officers and board members on its 990-PF.

Director
President
Secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$248k

Itemized grants

71

Median grant

$2k

RecipientLocationPurposeAmount
Greater Richmond PartnershipRichmond, VAOperations$25k
Venture Richmond IncRichmond, VACapital Campaign$20k
St James's Episcopal ChurchRichmond, VAOperations$19k
Maggie Walker Community Land TrustRichmond, VAOperations$15k
The ValentineRichmond, VA$10,000 Pledge; $750 Annual Fund$11k
1708 GalleryRichmond, VACapital Campaign$10k
Anna Julia Cooper SchoolRichmond, VAGordon Wallace Fund$10k
Dancing Classrooms of Greater RichmondMidlothian, VAOperations$10k
SPARCRichmond, VAFor a program in a high-poverity RPS school$10k
VMFA FoundationRichmond, VAAnnual Fund$10k
Anna Julia Cooper SchoolRichmond, VA$8,000 Pledge in honor of Gordon Wallace; $300 Annual Giving$8k
St Christopher's SchoolRichmond, VA$2,500 Annual Fund; $3,000 Luke Fergusson Endowment Agreement$6k
Historic Richmond FoundationRichmond, VAOperations$5k
The ValentineRichmond, VAOperations$5k
Urban Hope RVARichmond, VAOperations$5k
Virginia Union UniversityRichmond, VAOperations$5k
Wason Center for Civic LeadershipNewport News, VAYr 4 of 5 - In honor of Judy Wason$5k
RVA-757 ConnectsRichmond, VAOperations$4k
Richmond Performing Arts AllianceRichmond, VAAnnual Fund$3k
Better Housing CoalitionRichmond, VAOperations$3k
CAV AngelsCharlottesville, VAOperations$3k
Historic Richmond FoundationRichmond, VAOperations$3k
LISC (Local Initiative Support CorporatioRichmond, VAOperations$3k
Metropolitan Business League 9mbl)Richmond, VAOperations$3k
VCU College Of Engineering FoundationRichmond, VA$2,000 Scholarships; $500 Completion Grants$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Tesco Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$233k
$253k
2023
$222k
$325k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

Tesco Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about Tesco Foundation

What are Tesco Foundation's revenue and expenses?

In 2024, Tesco Foundation reported $222k in total revenue and $325k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.