Teto Corporation is a private foundation based in Mechanicsburg, Pennsylvania. The organization operates as a grantmaking foundation with a focus on supporting nonprofits in education, human services, and philanthropic causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.1M
-3.1% YoY
Annual Giving
$1.1M
+9.1% YoY
Grant Count
35
+0.0% YoY
Avg Grant Size
$30K
+9.1% YoY
Mission & Focus Areas
Teto Corporation does not maintain a publicly stated mission statement. However, their grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Poverty Alleviation
- Community and School Support
Grantmaking
Teto Corporation does not accept unsolicited applications. The foundation operates on an invite-only basis.
Grant Range
$5,000–$200,000
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Geographic Focus
Where this funder awards grants
Primary funding areas include Pennsylvania, Montana, and Maryland.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $12,468,744–$12,575,000
- Total Annual Giving: $965,000–$1,052,500
- Total Revenues: $320,848
- Total Expenses: $1,072,898
- Giving Rate: 7.7% of assets
Historical Comparison (2022–2023):
- 2023: $12.5M in assets, $965K in giving, 35 grants
- 2022: $13.2M in assets, $1.0M in giving, 32 grants
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,075,992 | $12,468,744 | $13,229,728 |
| Revenue | $783,645 | $320,848 | $329,885 |
| Expenses | $1,173,424 | $1,072,898 | $1,152,244 |
| Qualifying Distributions | $1,052,500 | $965,000 | $1,000,000 |
| Net Investment Income | $666,283 | $278,925 | $235,789 |
| Distributable Amount | $804,367 | $737,949 | $776,431 |
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
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Theodore Draude — President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS DRAUDE | TREASURER | 1 | — |
| THEODORE DRAUDE | PRESIDENT | 1 | — |
| CHARLES CALKINS | SECRETARY | 1 | — |
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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