TMCITY Foundation
TMCITY Foundation is a private foundation based in Centerville, Delaware. It supports work related to neurocognitive healthcare and treatments for brain-related ailments, using grants as well as investments, loans, and charitable gifts to advance its mission.
TMCITY Foundation at a glance
In short: TMCITY Foundation gave $777K across 11 grants in 2025 (avg $71K), top state New York. 64% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $777,000
- +38.2% vs 2024
- Grants made (2025)
- 11
- +10.0% vs 2024
- Average grant
- $70,636
- +25.6% vs 2024
- Median grant
- $50,000
- Total assets
- $208,862
- -57.1% vs 2024
- New grantees (estimate)
- 64% first-time grantees (7 of 11, 2025; small sample)
- Primary geography
- New York (33% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to TMCITY Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests through LOIs submitted on a rolling basis, according to its website. Its filing lists the application form and materials as “any,” with no deadlines or award restrictions.
- Review Cycle
- The website describes two annual grantmaking cycles, with full applications due May 30 for July awards and October 30 for December awards. The May 30 deadline is past as of October 2, 2026; the filing separately lists no deadlines.
- Deadline
- The website describes two annual grantmaking cycles, with full applications due May 30 for July awards and October 30…
- Contact
Application contact: Tmcity Foundation
Mailing address: Tmcity Foundation 5701 Kennett Pike, Ste 100, Centerville, DE 19807
Phone: (617) 933-1490
Website: https://www.tmcity.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from TMCITY Foundation
Who TMCITY Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Icahn School of Medicine at Mount Sinai ($257K). Together the top 10 received $762K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 17 grants of 45 (38%).
Geographic Focus
Where this funder awards grants
The website states that research funding is national in scope and that most funding for programs and services goes to organizations based in Southern California and the Greater Boston area. In 2025, reported grant dollars went primarily to recipients in New York (33%), Massachusetts (19%), Pennsylvania (19%), California (14%), and Washington, DC (10%).
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is TMCITY Foundation open to new grantees?
64%
first-time grantees, 2025
In 2025, 7 of 11 grantees (64%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $68K; repeat grants $75K. How we count
Medians: $40K first-time, $63K repeat.
- 18% of 2025 grantees were also funded in 2024. Method
- Giving grew 43% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $542K (2022) to $914K (2021). In 2025 it made 11 grants totaling $777K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Icahn School of Medicine at Mount Sinai New York, NY | To Promote Its Charitable Purpose | $257,000 |
| Davos Alzheimers Collaborative Inc Wayne, PA | To Promote Its Charitable Purpose | $150,000 |
| Berklee College of Music Boston, MA | To Promote Its Charitable Purpose | $75,000 |
| The Center for Mind-Body Medicine Washington, DC | To Promote Its Charitable Purpose | $75,000 |
| Operation Surf Avila Beach, CA | To Promote Its Charitable Purpose | $50,000 |
| Community Music Center of Boston Boston, MA | To Promote Its Charitable Purpose | $50,000 |
| Neurogen Biomarking LLC Reddick, FL | To Promote Its Charitable Purpose | $40,000 |
| The Goodness Web Foundation Wayland, MA | To Promote Its Charitable Purpose | $25,000 |
| UCSF Foundation San Francisco, CA | To Promote Its Charitable Purpose | $25,000 |
| California Community Foundation Los Angeles, CA | To Promote Its Charitable Purpose | $15,000 |
Ready to take the next step with TMCITY Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $208,862 | $503,122 | $780,982 | $777,000 | 11 | $780,523 | $706 | $1,009 |
| 2024 | $486,641 | $841,614 | $574,336 | $562,362 | 10 | $574,076 | $3,059 | $3,249 |
| 2023 | $218,566 | $791,380 | $659,125 | $650,648 | 10 | $858,648 | $3,971 | $3,667 |
| 2022 | $86,566 | $631,692 | $548,330 | $541,818 | 7 | $547,318 | $222 | $1,984 |
| 2021 | $3,853 | $914,107 | $920,138 | $914,099 | 7 | $918,099 | — | $2,664 |
| 2020 | $9,885 | $634,680 | $631,309 | $619,636 | 4 | — | — | $584 |
Under IRS private-foundation payout rules, TMCITY Foundation reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
TMCity’s stated vision is accessible, effective, up-to-date mental and neurological care for all. Its website describes support for promising innovations in neurocognitive research and medicine, including research, technology, and community engagement. It welcomes proposals from academic and research institutions, community-based organizations providing mental-health-related services, direct healthcare providers, and companies developing technology solutions in this area.
Grantees’ own mission statements show the range of organizations supported. The Icahn School of Medicine at Mount Sinai says it advances science, medicine, and healthcare delivery through research, education, and clinical care. The Davos Alzheimer’s Collaborative says it works to advance Alzheimer’s research, prevention, and care globally. Community Music Center of Boston describes its mission as providing equitable access to music education and arts experiences, while Operation Surf says it uses surfing and other activities to help individuals address life challenges.
Grantmaking
In filing year 2025, TMCity reported 11 grants totaling $777,000. Grants ranged from $15,000 to $257,000, with a median of $50,000. The foundation’s website gives a general grant-award range of $25,000–$250,000, while noting that smaller or larger requests may be considered.
The largest reported 2025 grants were $257,000 to the Icahn School of Medicine at Mount Sinai and $150,000 to the Davos Alzheimer’s Collaborative. Other grants included $75,000 each to Berklee College of Music and The Center for Mind-Body Medicine, $50,000 each to Operation Surf and Community Music Center of Boston, and $40,000 to Neurogen Biomarking LLC. The filing lists the grant purposes as promoting each recipient’s charitable purpose.
The foundation’s website describes an initial letter of inquiry (LOI), followed by a more detailed application if the foundation is interested in considering the request. The later application may include a project description, goals and strategies, evaluation criteria, key personnel profiles, a detailed project budget, audited financial statements, and 501(c)(3) documentation. The website asks applicants not to submit a full proposal unless invited after an LOI. The filing states that the foundation does not restrict giving to preselected organizations and lists no restrictions on awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Brown Advisory Trust Company of Delaware as trustee and investment advisor. It lists Minoru Chen as distribution advisor and trustee, and David Bates and Belen Cox as distribution advisors.
TMCITY Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brown Advisory Trust Company Of DEL
Trustee & Investment Advisor
On filings since 2020
2 hrs/week
No compensation reported
Minoru Chen
Distribution Advisor & Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Belen Cox
Distribution Advisor
On filings since 2020
0.1 hrs/week
No compensation reported
David Bates
Distribution Advisor
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 TMCITY Foundation
How much does TMCITY Foundation give each year?
TMCITY Foundation gave $777K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $562K across 10 grants.
What is TMCITY Foundation's typical grant size?
TMCITY Foundation's median grant in 2025 was $50,000, and its average grant was $70,636, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from TMCITY Foundation that year got $68K on average.
Where does TMCITY Foundation give grants?
TMCITY Foundation's top state is New York, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (19%) and Pennsylvania (19%). The most frequent recipient cities were Boston, MA (2 grants).
Who are TMCITY Foundation's largest grantees?
TMCITY Foundation's largest 2025 grantees include Icahn School of Medicine at Mount Sinai ($257,000), Davos Alzheimers Collaborative Inc ($150,000) and Berklee College of Music ($75,000), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is TMCITY Foundation?
TMCITY Foundation reported $209K in total assets on its 2025 IRS Form 990-PF. It paid out $781K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What does TMCITY Foundation fund?
TMCity’s stated vision is accessible, effective, up-to-date mental and neurological care for all. Its website describes support for promising innovations in neurocognitive research and medicine, including research, technology, and community engagement. See mission & focus areas ↑
How do I apply for a grant from TMCITY Foundation?
The foundation accepts unsolicited requests through LOIs submitted on a rolling basis, according to its website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is TMCITY Foundation's EIN?
TMCITY Foundation's EIN (Employer Identification Number) is 32-0557031. IRS Form 990 filing data is available on this page for 2020–2025.
Does TMCITY Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in TMCITY Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). TMCITY Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/tmcity-foundation-morg_dfd0637921f742c285bce9de734551c9
BibTeX
@misc{grantable_320557031_2026,
author = {{Grantable}},
title = {{TMCITY Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/tmcity-foundation-morg_dfd0637921f742c285bce9de734551c9},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from TMCITY Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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