Theresa's Fund Inc

Private foundation · Grantmaker Scottsdale, AZ EIN: 86-0688452

Theresa's Fund Inc is a private foundation, based in Scottsdale, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 5 grants totaling $321K. Net investment income was $213K.

Key facts about Theresa's Fund Inc

In short: Theresa's Fund Inc gave $321K across 5 grants in 2024 (avg $64K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
86-0688452
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$320,660
Grants made (2024)
5
Average grant
$64,132
Median grant
$100,000
Total assets
$7,052,869
Primary geography
California (97% 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

$7.1M

+38.2% YoY

Annual Giving

$321K

-3.1% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$64K

-41.8% YoY

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

San DiegoPhoenixBethlehemMinneapolis

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 0 grants2021 1 grant2022 3 grants2023 5 grants2024

From 2022 to 2024, annual grant giving ranged from $1K (2022) to $331K (2023). In 2024 it made 5 grants totaling $321K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Alliance for Hope International: $311K across 4 grantsAlliance for HopeInternational$311K · 4 grantsPhoenix Bobcats Track and Field Club: $10KPhoenix Bobcats Track andField Club$10K

The largest 2024 recipient was Alliance for Hope International ($311K across 4 grants). Together the top 2 received $321K.

Grant Size Distribution

9 grants across all recorded years

5<$50K$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 9 (56%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Alliance for Hope International San Diego, CAGeneral Funding$100,000
Alliance for Hope International San Diego, CAGeneral Funding$100,000
Alliance for Hope International San Diego, CAGeneral Funding$100,000
Alliance for Hope International San Diego, CATrade Show$10,660
Phoenix Bobcats Track and Field Club Phoenix, AZGeneral Funding$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$7,052,869$5,104,272$1,258,728
Revenue$364,034$4,247,801$515,787
Expenses$636,146$674,639$622,315
Qualifying Distributions$562,014$587,175$508,847
Net Investment Income$212,771$61,729$16,749

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

Theresa's Fund Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Chris McMurry

    Director

    On filings since 2021

    No compensation reported

  • Francis H. Davis

    Director

    On filings since 2021

    No compensation reported

  • Jeff Vahldick

    Director

    On filings since 2021

    No compensation reported

Former officers (9)
  • Former: Preston V. McMurry Jr. (2020–2023) — Director
  • Former: Angela Shelton (2021–2023) — Director
  • Former: Anita Hildreth (2021–2023) — Director
  • Former: Ashley Rumschlag (2021–2023) — President
  • Former: Austin D. Potenza II (2021–2023) — Director
  • Former: Jenny Davidson (2021–2023) — Director
  • Former: Bruce E. Huson (2020) — Treasury & Director
  • Former: Christopher M. McMurry (2020) — Secretary & Director
  • Former: Preston V. McMurry III (2020) — Vice President & Director

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 Theresa's Fund Inc

How much does Theresa's Fund Inc give each year?

Theresa's Fund Inc gave $321K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $331K across 3 grants.

What is Theresa's Fund Inc's typical grant size?

Theresa's Fund Inc's median grant in 2024 was $100,000, and its average grant was $64,132, across 5 grants on its 2024 IRS Form 990-PF.

Where does Theresa's Fund Inc give grants?

Theresa's Fund Inc gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Diego, CA (4 grants).

Does Theresa's Fund Inc give general operating support?

Yes: 80% of Theresa's Fund Inc's 2024 grants with a stated purpose (4 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Theresa's Fund Inc?

Theresa's Fund Inc reported $7.1M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $364K.

What is Theresa's Fund Inc's EIN?

Theresa's Fund Inc's EIN (Employer Identification Number) is 86-0688452. 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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