The Tillerson Foundation

Foundation · Grantmaker Albany, NY EIN: 81-3454390

The Tillerson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Albany, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.5M in total assets. In 2024, it awarded 1 grant totaling $860K. Net investment income was $2.5M.

Key facts about The Tillerson Foundation

In short: The Tillerson Foundation gave $860K across 1 grant in 2024 (avg $860K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
81-3454390
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$860,000
Grants made (2024)
1
Average grant
$860,000
Median grant
$860,000
Total assets
$19,524,206
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.5M

+16.4% YoY

Annual Giving

$860K

+22.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$860K

+22.9% YoY

Under IRS private-foundation payout rules, The Tillerson Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

How The Tillerson Foundation gives

  • Giving grew 146% from 2021 to 2024. Method
  • In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 1 itemized 2024 grant dollars.

Cities

DallasFort WorthAlbanyAustinWichita FallsCorpus ChristiHoustonHurstPagosa SpringsPhoenixWashingtonWeatherford

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M2 grants20204 grants202111 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

See Attached List: $860KSee Attached List$860K

Grant Size Distribution

19 grants across all recorded years

10<$50K3$50–100K4$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SEE ATTACHED LIST Albany, NYGENERAL PURPOSE$860,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M20202021202220232024
Metric202420232022
Total Assets$19,524,206$16,767,536$15,763,241
Revenue$5,646,358$2,303,717$3,185,878
Expenses$1,035,644$805,687$429,590
Qualifying Distributions$860,240$700,279$270,210
Net Investment Income$2,496,782$1,598,232$142,261
Distributable Amount$1,000,050$855,172$714,235

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Tillerson Foundation is led by Rex W Tillerson, President, Treasurer & Director since 2022 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Rex W Tillerson

    President, Treasurer & Director

    President & Treasurer → President, Treasurer & Director, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Renda R Tillerson

    Secretary & Director

    Secretary → Secretary & Director, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about The Tillerson Foundation

How much does The Tillerson Foundation give each year?

The Tillerson Foundation gave $860K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $700K across 1 grant.

How large is The Tillerson Foundation?

The Tillerson Foundation reported $19.5M in total assets on its 2024 IRS Form 990-PF. It paid out $860K in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets).

What is The Tillerson Foundation?

The Tillerson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Albany, NY. It holds $19.5M in total assets as of 2024.

Where does The Tillerson Foundation operate?

The Tillerson Foundation has awarded grants in Arizona, Colorado, District of Columbia, New York, Texas.

What is The Tillerson Foundation's EIN?

The Tillerson Foundation's EIN (Employer Identification Number) is 81-3454390. IRS Form 990 filing data is available on this page for 2020–2024.

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

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