Tesson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 14 grants totaling $166K. Net investment income was $83K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+9.1% YoY
Annual Giving
$166K
+58.1% YoY
Grant Count
14
-6.7% YoY
Avg Grant Size
$12K
+69.4% YoY
Under IRS private-foundation payout rules, Tesson Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
About Tesson Foundation
Based on IRS filings
Tesson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 14 grants totaling $166K. Net investment income was $83K.
Focus Areas
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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 | $2,514,588 | $2,305,381 | $2,272,033 |
| Revenue | $97,884 | $-44,072 | $69,480 |
| Expenses | $179,569 | $117,751 | $121,261 |
| Qualifying Distributions | $168,020 | $107,109 | $106,661 |
| Net Investment Income | $83,145 | $70,400 | $45,908 |
| Distributable Amount | $113,283 | $111,450 | $126,299 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Stem Library ($50,000), Good Sheperd School ($25,000), The Angelus Inc ($24,000).
| Recipient | Purpose | Amount |
|---|---|---|
| The Angelus Inc Hudson, FL | GENERAL | $24,000 |
| Good Sheperd School New Orleans, LA | General | $25,000 |
| UNIVERSITY OF SOUTHERN MISSISSIPPI HATTISEBURG, MS | GENERAL | $10,900 |
| SPECIAL OLYMPICS HAMMOND, LA | GENERAL | $5,000 |
| ARCHBISHOP HANNAN HIGH SCHOOL COVINGTON, LA | GENERAL | $9,100 |
| ST PAUL'S CATHOLIC SCHOOL COVINGTON, LA | GENERAL | $5,000 |
| SECOND HARVEST NEW ORLEANS, LA | General | $5,000 |
| THE STEM LIBRARY METAIRIE, LA | GENERAL | $50,000 |
| NEW ORLEANS MEDICAL MUSEUM NEW ORLEANS, LA | GENERAL | $4,000 |
| NEW HEIGHTS THERAPEUTIC CENTER FOLSOM, LA | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIFFANY T HILLEGASS | Sec./ Treas | — | — |
| CHERISH VAN MULLEM | Vice President | — | — |
| PATRICK A TESSON | President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tesson Foundation?
Tesson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. It holds $2.5M in total assets as of 2024.
How large is Tesson Foundation?
As of 2024, Tesson Foundation holds $2.5M in total assets with $98K in annual revenue. It awarded 14 grants totaling $166K in 2024.
Where does Tesson Foundation operate?
Tesson Foundation has awarded grants in California, Florida, Georgia, Louisiana, Massachusetts, Mississippi, New Mexico, New York, Oklahoma, Texas.
What size grants does Tesson Foundation award?
In 2024, Tesson Foundation awarded 14 grants totaling $166K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Tesson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tesson Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tesson Foundation's EIN?
Tesson Foundation's EIN (Employer Identification Number) is 72-1285110. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tesson 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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