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Filing year 2024

THREE CORDS FOUNDATION

Reston, Virginia·EIN 85-3561645·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.7M
Total assets
$16k
Total expenses
$2.7M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THREE CORDS FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President/director
Secretary/treasurer/director
Director

Grants paid

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

Total granted

$2.7M

Itemized grants

5

Median grant

$50k

RecipientLocationPurposeAmount
TRINITY CHRISTIAN COLLEGEPALOS HEIGHTS, ILGENERAL SUPPORT, PRESIDENT PRIORITIES, AND TO SUPPORT ADMISSIONS STRATEGIES WITH THE OVERALL GOAL OF POSITIVELY IMPACTING STUDENT RECRUITMENT$2.3M
FRIENDS OF LAKE LEELANAULELAND, MISUPPORT OF FLL CAMPAIGN$340k
JOURNEY CHURCH OF THE ASSEMBLIES OF GOD INCKENOSHA, WIGENERAL SUPPORT$50k
KIDS CONNECT CHARITABLE FUNDRESTON, VAMEDICAL EXPENSES, LOST COMPENSATION$25k
AMERICAN ACADEMY OF OSTEOPATHYINDIANAPOLIS, INSCHOLARSHIP FUND FOR CONVOCATION PARTICIPANTS$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THREE CORDS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.3M
2023
$2.7M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

THREE CORDS 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 THREE CORDS FOUNDATION

What are THREE CORDS FOUNDATION's revenue and expenses?

In 2024, THREE CORDS FOUNDATION reported $2.7M in total revenue and $2.7M in total expenses on its IRS Form 990.

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