Tesco Foundation is a private grantmaking foundation established in 2010 and located in Richmond, Virginia. As a 501(c)(3) organization, it operates as an independent foundation focused on philanthropic giving and grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-2.1% YoY
Annual Giving
$248K
+18.3% YoY
Grant Count
71
+9.2% YoY
Avg Grant Size
$3K
+8.3% YoY
Mission & Focus Areas
The foundation's primary funding focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation primarily funds operations at VCU School of Medicine - VCU Health Pauley Heart Center and the university's greatest needs. Its grantees also include St Christopher's School and other organizations.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Virginia
- District of Columbia
- Texas
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $3,907,327
- Total Revenues: $222,269
- Total Expenses: $324,936
- Total Liabilities: $0
Revenue Composition (2024):
- Investment income and dividends: $119,125
- Net gain from sale of non-inventory assets: $74,774
- Total grants and contributions: $183
As of December 2023:
- Total Assets: $3.99M
- Total Revenues: $233,000
- Total Expenses: $253,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,907,327 | $3,991,494 | $4,011,688 |
| Revenue | $222,269 | $233,202 | $267,866 |
| Expenses | $324,936 | $253,396 | $305,999 |
| Qualifying Distributions | $266,013 | $209,288 | $242,213 |
| Net Investment Income | $164,778 | $191,390 | $222,741 |
| Distributable Amount | $244,944 | $225,818 | $236,077 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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