The Team Foundation
The primary purpose is to provide benefits/support to trinity evangelical lutheran church and school
Key facts about The Team Foundation
In short: The Team Foundation gave $144K across 1 grant in 2025 (avg $144K), mostly in Virginia. Source: 2025 IRS Form 990.
- EIN
- 54-1749509
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $143,783
- Grants made (2025)
- 1
- Average grant
- $143,783
- Median grant
- $143,783
- Total assets
- $612,012
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · 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 public charity, 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 grant totaling $144K. Net investment income was $70K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $5K (2022) to $144K (2025). In 2025 it made 1 grant totaling $144K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Trinity Lutheran Church ($144K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trinity Lutheran Church Newport News, VA | The organization makes an annual contribution of earnings to trinity evangelical lutheran church for its outreach ministries program and other contributions as requested by the supported organization of its ministries. The officers and directors of the organization must be members in good standing of the supported organization. | $143,783 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $612,012 | $698,345 | $685,558 |
| Revenue | $70,397 | $51,976 | $36,036 |
| Expenses | $156,730 | $39,189 | $53,609 |
| Net Investment Income | $70,397 | $51,956 | $36,036 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS September 27, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 31, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 22, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 2, 2025)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
The Team Foundation is led by David E. Hunt, President & Director on every filing since 2021; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
David E. Hunt
President & Director
On filings since 2021
1 hr/week
No compensation reported
Amy C. Robinson
Director
On filings since 2021
1 hr/week
No compensation reported
Dale F. Goodman
Director
On filings since 2021
1 hr/week
No compensation reported
John M. Lunsford
Treasurer & Director
On filings since 2021
1 hr/week
No compensation reported
Mark R. Madler
Director
On filings since 2021
1 hr/week
No compensation reported
Wendy S. Mynoymany
Director
On filings since 2021
1 hr/week
No compensation reported
William C. Solomon
Secretary & Director
On filings since 2021
1 hr/week
No compensation reported
William M. Mulvey
Vice President & Director
Director → Vice President & Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Susan M. Moeslein
Director
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Suzanne M. Beckstoffer (2021–2023) — Vice President & Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Team Foundation
How much does The Team Foundation give each year?
The Team Foundation gave $144K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $27K across 1 grant.
How large is The Team Foundation?
The Team Foundation reported $612K in total assets on its 2025 IRS Form 990. Its revenue that year was $70K.
Where does The Team Foundation operate?
The Team Foundation has awarded grants in Virginia.
What is The Team Foundation's EIN?
The Team Foundation's EIN (Employer Identification Number) is 54-1749509. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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