Tsunami Foundation
Tsunami Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing lists 20 grants totaling $1,620,000 to charitable organizations, including organizations working in education, health, human services, and conservation.
Tsunami Foundation at a glance
In short: Tsunami Foundation gave $1.6M across 20 grants in 2024 (avg $81K), mostly in New York. 15% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,620,000
- +2.9% vs 2023
- Grants made (2024)
- 20
- +5.3% vs 2023
- Average grant
- $81,000
- -2.3% vs 2023
- Median grant
- $75,000
- Total assets
- $26,306,848
- +1.4% vs 2023
- New grantees (estimate)
- 15% first-time grantees (3 of 20, 2024; small sample)
- Primary geography
- New York (82% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Tsunami Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Tsunami Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Readworks Inc ($150K). Together the top 10 received $1.1M.
Grant Size Distribution
102 grants across all recorded years
The most common grant size was in the $100–250K range: 47 grants of 102 (46%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to recipients in New York, which accounted for 82% of the reported total. The filing also reports shares for Pennsylvania (8%), Massachusetts (8%), Connecticut (2%), and Idaho (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
Cities
Is Tsunami Foundation open to new grantees?
15%
first-time grantees, 2024
In 2024, 3 of 20 grantees (15%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $53K; repeat grants $86K. How we count
Medians: $50K first-time, $75K repeat.
- 85% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $1.5M (2020) to $1.8M (2021). In 2024 it made 20 grants totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Readworks Inc Brooklyn, NY | General & Unrestricted | $150,000 |
| River Fund New York Inc Richmond Hill, NY | General & Unrestricted | $150,000 |
| Baby Buggy Inc New York, NY | General & Unrestricted | $125,000 |
| Covenant House New York, NY | General & Unrestricted | $125,000 |
| Pennys Flight Foundation Inc Locust Valley, NY | General & Unrestricted | $125,000 |
| Cornell University New York, NY | Weill Cornell's Neurosurgery Training | $100,000 |
| Exodus School New York, NY | General & Unrestricted | $100,000 |
| Friends of the High Line Inc New York, NY | General & Unrestricted | $100,000 |
| Harlem Academy New York, NY | General & Unrestricted | $100,000 |
| Head Strong Project Inc Boston, MA | General & Unrestricted | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $26,306,848 | $2,385,962 | $2,028,320 | $1,620,000 | 20 | $1,687,173 | $2,041,453 | $1,770,621 |
| 2023 | $25,949,206 | $1,541,861 | $1,934,211 | $1,575,000 | 19 | $1,651,218 | $1,209,455 | $1,598,743 |
| 2022 | $26,341,556 | $649,220 | $2,108,365 | $1,650,000 | 20 | $1,735,712 | $253,919 | $1,565,957 |
| 2021 | $27,800,701 | $3,754,752 | $2,249,966 | $1,825,029 | 22 | $1,908,080 | $3,355,476 | $1,734,926 |
| 2020 | $26,295,915 | $1,594,133 | $1,905,159 | $1,500,000 | 21 | — | $1,382,414 | $1,494,882 |
Under IRS private-foundation payout rules, Tsunami Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for organizations with varied missions. For example, ReadWorks describes its work as improving reading comprehension through research-based digital content and curricular supports. Harlem Academy says it promotes equity of opportunity for promising children, while Exodus School describes its work as educating middle-school students from low-income families.
Other grantees describe work in health and human services: Penny’s Flight Foundation says it advances scientific research and improves the lives of people affected by NF1; Operation Warm provides coats, shoes, and other basic-needs support to children; and the Head Strong Project provides PTSD treatment to veterans, transitioning service members, and their families. Friends of the High Line says it builds and maintains public space on the High Line, while the Brandywine Conservancy & Museum of Art describes work preserving and presenting art and natural resources in the Brandywine region.
Grantmaking
In 2024, the foundation reported 20 grants totaling $1,620,000. Grants ranged from $10,000 to $150,000, with a median of $75,000. The largest grants included $150,000 each to ReadWorks and River Fund New York; $125,000 each to Baby Buggy, Covenant House, and Penny’s Flight Foundation; and $100,000 each to Cornell University, Exodus School, Friends of the High Line, and Harlem Academy. Most of these grants were listed for general and unrestricted purposes; Cornell University’s grant was for Weill Cornell’s Neurosurgery Training.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists five trustees: Philip Andryc, Debra Beard, James M Beard, Veronica Swanson Beard, and Anson M Beard Jr.
Tsunami Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Philip J. Andryc
Trustee
On filings since 2020
1 hr/week
$75K (2021) → $0 (2024)
Anson M Beard Jr.
Trustee
Settlor → Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Debra Beard
Trustee
On filings since 2020
1 hr/week
No compensation reported
James M Beard
Trustee
On filings since 2020
1 hr/week
No compensation reported
Veronica Swanson Beard
Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: anson h beard (2020–2023) — Trustee
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.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $75K, to Philip J Andryc (Trustee).
Frequently asked questions about Tsunami Foundation
How much does Tsunami Foundation give each year?
Tsunami Foundation gave $1.6M across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 19 grants.
What is Tsunami Foundation's typical grant size?
Tsunami Foundation's median grant in 2024 was $75,000, and its average grant was $81,000, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Tsunami Foundation that year got $53K on average.
Where does Tsunami Foundation give grants?
Tsunami Foundation gives mostly in New York: 82% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (8%) and Massachusetts (8%). The most frequent recipient cities were New York, NY (10 grants).
Does Tsunami Foundation give general operating support?
Yes: 95% of Tsunami Foundation's 2024 grants with a stated purpose (19 of 20) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Tsunami Foundation's largest grantees?
Tsunami Foundation's largest 2024 grantees include Readworks Inc ($150,000), River Fund New York Inc ($150,000) and Baby Buggy Inc ($125,000), according to its 2024 IRS Form 990-PF. Together they received 26% of its itemized 2024 grant dollars.
How large is Tsunami Foundation?
Tsunami Foundation reported $26.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Tsunami Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations with varied missions. For example, ReadWorks describes its work as improving reading comprehension through research-based digital content and curricular supports. See mission & focus areas ↑
How do I apply for a grant from Tsunami Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Tsunami Foundation's EIN?
Tsunami Foundation's EIN (Employer Identification Number) is 13-7019761. IRS Form 990 filing data is available on this page for 2020–2024.
Does Tsunami Foundation accept unsolicited proposals?
No, 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 September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Tsunami Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/tsunami-foundation-morg_951fbc61c419433c9b29703308eb32b4
BibTeX
@misc{grantable_137019761_2026,
author = {{Grantable}},
title = {{Tsunami Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/tsunami-foundation-morg_951fbc61c419433c9b29703308eb32b4},
note = {Accessed 2026-10-17. 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 Tsunami 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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