Tessier Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PIERRE, SD. IRS filing data is available from 2020 through 2021. In 2021, it awarded 14 grants totaling $1.8M. Net investment income was $566K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.8M
+2632.6% YoY
Grant Count
14
-12.5% YoY
Avg Grant Size
$128K
+3023.0% YoY
Under IRS private-foundation payout rules, Tessier Family Foundation Inc reported a distributable amount of $62K for 2021 — the minimum it must pay out in qualifying distributions.
About Tessier Family Foundation Inc
Based on IRS filings
Tessier Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PIERRE, SD. IRS filing data is available from 2020 through 2021. In 2021, it awarded 14 grants totaling $1.8M. Net investment income was $566K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $1,261,638 |
| Revenue | $566,655 | $72,433 |
| Expenses | $1,818,769 | $78,106 |
| Qualifying Distributions | $1,791,306 | — |
| Net Investment Income | $565,683 | $64,223 |
| Distributable Amount | $61,716 | $71,078 |
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 2021
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include South Dakota Community Foundation ($1,742,382), Abbott House Foundation ($10,000), Mitchell Area Safehouse ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAILEY RODEN VERMILLION, SD | SCHOLARSHIP | $2,500 |
| COURTNEY MILLER RAPID CITY, SD | SCHOLARSHIP | $2,500 |
| HANNAH MORGAN SIOUX FALLS, SD | SCHOLARSHIP | $2,500 |
| KAYLIE ZENS MITCHELL, SD | SCHOLARSHIP | $2,500 |
| KIEL NELSON MITCHELL, SD | SCHOLARSHIP | $2,500 |
| NATHAN ZIMMERMAN VERMILLION, SD | SCHOLARSHIP | $2,500 |
| REBECCA KOUPAL SIOUX FALLS, SD | SCHOLARSHIP | $2,500 |
| SAM HELLELOID VERMILLION, SD | SCHOLARSHIP | $2,500 |
| JADEN DUETER RAPID CITY, SD | SCHOLARSHIP | $2,500 |
| COOPER VERMEULEN RAPID CITY, SD | SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINE BUCHE | DIRECTOR | — | — |
| SUSAN MOLLISON | DIR/SECRETAR | — | — |
| JOHN TESSIER | DIRECTOR | — | — |
| CATHY TESSIER | DIRECTOR | — | — |
| MARK BUCHE | DIR/PRESIDEN | — | — |
| JAMES MOLLISON | DIRECTOR | — | — |
| BANK WEST TRUST DE | TRUSTEE | 1 | $18,663 |
| RYAN HUBER | V PRES/TREAS | — | — |
| ANNE HUBER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tessier Family Foundation Inc?
Tessier Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PIERRE, SD. It holds — in total assets as of 2021.
Where does Tessier Family Foundation Inc operate?
Tessier Family Foundation Inc has awarded grants in South Dakota.
What size grants does Tessier Family Foundation Inc award?
In 2021, Tessier Family Foundation Inc awarded 14 grants totaling $1.8M — an average of about $128K per grant, based on its IRS Form 990 filings.
How much is Tessier Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Tessier Family Foundation Inc reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tessier Family Foundation Inc's EIN?
Tessier Family Foundation Inc's EIN (Employer Identification Number) is 20-3160090. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Tessier Family Foundation Inc'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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