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
Under IRS private-foundation payout rules, Teto Corporation reported a distributable amount of $804K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Tenfold (formerly Taborlhop) ($150,000), Elca World Hunger ($50,000), Greystone Manor Therapeutic Riding Center ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AARON'S ACRES LANCASTER, PA | OPERATIONAL SUPPORT | $30,000 |
| ALLEGHENY HEALTH NETWORK FOOD CENTER PITTSBURGH, PA | OPERATIONAL SUPPORT | $10,000 |
| ALLEGHENY HEALTH NETWORK PITTSBURGH, PA | OPERATIONAL SUPPORT | $10,000 |
| ARBOR PLACE MENOMONIE, WI | OPERATIONAL SUPPORT | $10,000 |
| BETHESDA MISSION HARRISBURG, PA | OPERATIONAL SUPPORT | $35,000 |
| CAMP SOLES ROCKWOOD, PA | OPERATIONAL SUPPORT | $35,000 |
| DONEGAL CHAPTER TROUT UNLIMITED LANCASTER, PA | OPERATIONAL SUPPORT | $25,000 |
| EAGLE MOUNT BOZEMAN BOZEMAN, MT | OPERATIONAL SUPPORT | $30,000 |
| EASTERN REGION ASSOC OF FOREST & NATURE SCHOOLS GLEN ARM, MD | OPERATIONAL SUPPORT | $25,000 |
| ELCA WORLD HUNGER CHICAGO, IL | OPERATIONAL SUPPORT | $50,000 |
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
Frequently Asked Questions
What does Teto Corporation fund?
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
How do I apply for a grant from Teto Corporation?
**Grant Characteristics:** • Typical grant range: $5,000–$200,000 • Median grant size: $25,000 • Annual giving: Approximately $965,000–$1,052,500 • Number of grants: 26–35 grants annually **Application Policy:** Teto Corporation does not accept unsolicited applications. The foundation operates on an invite-only basis. **Recent Grantees (2023):** • Port Discovery Children's Museum ($50,000) • United Church of Christ Homes ($50,000) • Windhorse Equine Learning ($50,000) • Lancaster Housing Opport…
Where does Teto Corporation make grants?
Primary funding areas include Pennsylvania, Montana, and Maryland.
What size grants does Teto Corporation award?
In 2024, Teto Corporation awarded 35 grants totaling $1.1M — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Teto Corporation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Teto Corporation reported a distributable amount of $804K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Teto Corporation's EIN?
Teto Corporation's EIN (Employer Identification Number) is 82-2165101. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Teto Corporation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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