Tensor Foundation
Tensor Foundation is a private foundation, based in EVANSTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 4 grants totaling $137K. Net investment income was $520K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+14.7% YoY
Annual Giving
$137K
-61.0% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$34K
-70.7% YoY
Under IRS private-foundation payout rules, Tensor Foundation reported a distributable amount of $177K for 2024 — the minimum it must pay out in qualifying distributions.
About Tensor Foundation
Based on IRS filings
Tensor Foundation is a private foundation, based in EVANSTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 4 grants totaling $137K. Net investment income was $520K.
Ready to take the next step with Tensor Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,129,401 | $2,729,051 | $2,881,701 |
| Revenue | $572,381 | $226,432 | $247,780 |
| Expenses | $172,031 | $379,082 | $330,819 |
| Qualifying Distributions | $141,204 | $354,401 | $292,358 |
| Net Investment Income | $520,056 | $159,299 | $196,584 |
| Distributable Amount | $176,564 | $157,705 | $165,081 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Metropolitan Opera ($50,000), Lyric Opera of Chicago ($50,000), Planned Parenthood Hudson Peconic ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| METROPOLITAN OPERA NEW YORK, NY | GENERAL GRANT | $50,000 |
| MERCY CENTER BRONX BRONX, NY | GENERAL PURPOSE | $12,000 |
| PLANNED PARENTHOOD HUDSON PECONIC ELMSFORD, NY | THE EMPOWER GALA | $25,000 |
| LYRIC OPERA OF CHICAGO CHICAGO, IL | GENERAL PURPOSE | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARCHIE C MCKELLAR | Trustee | — | — |
| MARIE T MCKELLAR | Trustee | — | — |
Frequently Asked Questions
How large is Tensor Foundation?
As of 2024, Tensor Foundation holds $3.1M in total assets with $572K in annual revenue. It awarded 4 grants totaling $137K in 2024.
Where does Tensor Foundation operate?
Tensor Foundation has awarded grants in District of Columbia, Illinois, Minnesota, New York.
What size grants does Tensor Foundation award?
In 2024, Tensor Foundation awarded 4 grants totaling $137K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Tensor Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tensor Foundation reported a distributable amount of $177K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tensor Foundation's EIN?
Tensor Foundation's EIN (Employer Identification Number) is 13-7017367. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tensor Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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