The Team Foundation

NEWPORT NEWS, VA EIN: 54-1749509

THE PRIMARY PURPOSE IS TO PROVIDE BENEFITS/SUPPORT TO TRINITY EVANGELICAL LUTHERAN CHURCH AND SCHOOL

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$612K

-12.4% YoY

Annual Giving

$144K

+432.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$144K

+432.5% YoY

About The Team Foundation

Based on IRS filings

The Team Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT NEWS, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $612K in total assets. In 2025, it awarded 1 grants totaling $144K. Net investment income was $70K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Newport News

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$86K$129K$172K20212022202320242025
Metric202520242023
Total Assets$612,012$698,345$685,558
Revenue$70,397$51,976$36,036
Expenses$156,730$39,189$53,609
Qualifying Distributions
Net Investment Income$70,397$51,956$36,036
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$36K$72K$108K$144K1 grants20210 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

TRINITY LUTHERAN CHURCH$144K

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
DAVID E HUNTPRESIDENT/DIRECTOR1
DALE F GOODMANDIRECTOR1
JOHN M LUNSFORDTREASURER/DIRECTOR1
WILLIAM C SOLOMONSECRETARY/DIRECTOR1
SUSAN M MOESLEINDIRECTOR1
MARK R MADLERDIRECTOR1
AMY C ROBINSONDIRECTOR1
WENDY S MYNOYMANYDIRECTOR1
WILLIAM M MULVEYVICE PRESIDENT/DIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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