TFI Foundation Inc
TFI Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in Monona, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 2 grants totaling $202K. Net investment income was $41K.
TFI Foundation Inc at a glance
In short: TFI Foundation Inc gave $202K across 2 grants in 2024 (avg $101K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $202,000
- +279.0% vs 2023
- Grants made (2024)
- 2
- -50.0% vs 2023
- Average grant
- $101,000
- +658.0% vs 2023
- Median grant
- $101,000
- Total assets
- $6,383,299
- +0.1% vs 2023
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who TFI Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Tellurian Inc ($200K). Together the top 2 received $202K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 10 grants of 13 (77%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How TFI Foundation Inc gives
- Giving grew 6701% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2020) to $202K (2024). In 2024 it made 2 grants totaling $202K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tellurian Inc Monona, WI | General Support | $200,000 |
| Specialty Care Free Clinic Madison, WI | General Support | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $6,383,299 | $1,210,343 | $1,121,834 | $202,000 | 2 | $391,768 | $41,072 |
| 2023 | $6,377,758 | $1,631,538 | $940,961 | $53,300 | 4 | $396,407 | $14,864 |
| 2022 | $5,779,012 | $927,529 | $804,122 | $52,000 | 2 | $192,918 | $8,821 |
| 2021 | $5,709,720 | $2,349,042 | $731,219 | $2,970 | 4 | $122,486 | $1,911 |
| 2020 | $5,160,340 | $1,313,442 | $775,202 | $2,000 | 1 | — | $1,456 |
Leadership & Key People
Officers and directors from IRS filings
TFI Foundation Inc is led by Kevin Florek, Chief Executive Officer on every filing since 2020; 2 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kevin Florek
Chief Executive Officer
On filings since 2020
30 hrs/week
$100K (2020) → $105K (2024)
Tom Spitz
Chair
New on the 2024 filing
1 hr/week
No compensation reported
Joseph Theisen
Director
On filings since 2022
1 hr/week
No compensation reported
Stephen Lawrence
Chief Financial Officer
On filings since 2020
10 hrs/week
$24K (2020) → $96K (2024)
Geoffrey McCloskey
Secretary & Treasurer
Director → Secretary & Treasurer, 2023
On filings since 2022
1 hr/week
No compensation reported
Former officers (2)
- Former: Michael Florek (2020–2023) — Chair
- Former: David Joranson (2020–2022) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $105K, to Kevin Florek (Chief Executive Officer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about TFI Foundation Inc
How much does TFI Foundation Inc give each year?
TFI Foundation Inc gave $202K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $53K across 4 grants.
How large is TFI Foundation Inc?
TFI Foundation Inc reported $6.4M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.2M.
What is TFI Foundation Inc?
TFI Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in Monona, WI. It holds $6.4M in total assets as of 2024.
Where does TFI Foundation Inc operate?
TFI Foundation Inc has awarded grants in Wisconsin.
What is TFI Foundation Inc's EIN?
TFI Foundation Inc's EIN (Employer Identification Number) is 39-1225145. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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