THE PURPOSE OF TUSO IS TO SUPPORT TAYLOR UNIVERSITY IN FUNDRAISING ACTIVITIES, AND TO FUNCTION AS A RECEPTACLE FOR ANY NON-CASH GIFTS THAT DONORS MAY MAKE IN THE FUTURE.
Key facts about Tuso
- EIN
- 84-1953499
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,031,852
- Grants made (2024)
- 2
- Average grant
- $1,015,926
- Median grant
- $1,015,926
- Total assets
- $16,460,771
- Primary geography
- Indiana (98% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Next steps with Tuso
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.5M
+17.3% YoY
Annual Giving
$2.0M
+1227.1% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1.0M
+1227.1% YoY
About Tuso
Based on IRS filings
Tuso is a nonprofit organization focused on Education, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 2 grants totaling $2.0M. Net investment income was $98K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,460,771 | $14,029,835 | $7,883,788 |
| Revenue | $4,371,223 | $6,486,467 | $5,791,544 |
| Expenses | $2,421,681 | $658,065 | $476,108 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $98,070 | $116,524 | $22,137 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Taylor University ($2,000,000), Servant Foundation ($31,852).
| Recipient | Purpose | Amount |
|---|---|---|
| TAYLOR UNIVERSITY Upland, IN | GENERAL SUPPORT | $2,000,000 |
| SERVANT FOUNDATION Overland Park, KS | GENERAL SUPPORT | $31,852 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tucc Inc | Trustee | 1 | — |
| David Melilli | Vice President & Executive | 1 | — |
| Mike Falder | President | 1 | — |
| Stephen Olson | Secretary & Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tuso?
Tuso is a nonprofit organization focused on Education, based in Wilmington, DE. It holds $16.5M in total assets as of 2024.
How large is Tuso?
As of 2024, Tuso holds $16.5M in total assets with $4.4M in annual revenue. It awarded 2 grants totaling $2.0M in 2024.
Where does Tuso operate?
Tuso has awarded grants in Delaware, Indiana, Kansas.
What size grants does Tuso award?
In 2024, Tuso awarded 2 grants totaling $2.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.
What is Tuso's EIN?
Tuso's EIN (Employer Identification Number) is 84-1953499. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.