//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Tcmk Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1997. The principal officer is Bank Of America N A. It holds total assets of $512K. Annual income is reported at $132K. Total assets have decreased from $672K in 2011 to $529K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and New York. According to available records, Tcmk Foundation has made 16 grants totaling $256K, with a median grant of $3K. Annual giving has decreased from $53K in 2020 to $35K in 2023. Grantmaking activity was highest in 2022 with $96K distributed across 6 grants. Individual grants have ranged from $1K to $60K, with an average award of $16K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Minnesota, California, New York, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$16K
Largest Grant
$46K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Tcmk Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MN, CA, NY.
Tcmk Foundation has distributed a total of $256K across 16 grants. The median grant size is $3K, with an average of $16K. Individual grants have ranged from $1K to $60K.
Tcmk Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tcmk Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | CORPORATE TRUSTEE | $6K | $0 | $6K |
| Thomas Hektner | TRUSTEE | $0 | $0 | N/A |
| Carole Hektner | TRUSTEE | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$529K
Fair Market Value
$841K
Net Worth
$529K
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$37K
Distribution Amount
$38K
Total: $507K
Total Grants
16
Total Giving
$256K
Average Grant
$16K
Median Grant
$3K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Interfaith Outreach & Community PartnersUNRESTRICTED GENERAL | Wayzata, MN | $30K | 2023 |
| Bee Squad University Of MinnesotaUNRESTRICTED GENERAL | Minneapolis, MN | $5K | 2023 |
| Interfaith Outreach &UNRESTRICTED GENERAL | Wayzata, MN | $46K | 2022 |
| University Of Minnesota FoundationUNRESTRICTED GENERAL | Minneapolis, MN | $1K | 2022 |
| Parkinsons FoundationUNRESTRICTED GENERAL | New York, NY | $1K | 2022 |
| Twin Cities Habitat For HumanityUNRESTRICTED GENERAL | St Paul, MN | $3K | 2021 |
| Friends Of Sax-Zim BogUNRESTRICTED GENERAL | Duluth, MN | $3K | 2021 |
| UnicefUNRESTRICTED GENERAL | Los Angelos, CA | $2K | 2021 |
| National Breast Cancer FoundationUNRESTRICTED GENERAL | Frisco, TX | $1K | 2020 |
| Chloes Courage FundUNRESTRICTED GENERAL | Clearwater, MN | $1K | 2020 |