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Tecks Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2016. The principal officer is Foundation Source. It holds total assets of $18.4M. Annual income is reported at $3.1M. Total assets have grown from $2.8M in 2015 to $18.4M in 2024. The foundation is governed by 1 officer or trustee. 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 2020 to 2024. According to available records, Tecks Foundation has made 6 grants totaling $181K, with a median grant of $30K. Annual giving has decreased from $101K in 2020 to $80K in 2022. Individual grants have ranged from $5K to $60K, with an average award of $30K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in California, New York, Florida, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
Tecks Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA, NY, FL.
Tecks Foundation has distributed a total of $181K across 6 grants. The median grant size is $30K, with an average of $30K. Individual grants have ranged from $5K to $60K.
Tecks Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tecks Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Toyozo Shimano | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$18.4M
Fair Market Value
N/A
Net Worth
$18.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$181K
Average Grant
$30K
Median Grant
$30K
Unique Recipients
5
Most Common Grant
$40K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MentltdGeneral & Unrestricted | New York, NY | $40K | 2022 |
| Sage Hill Schoolannual fund and Library renovations Fund | Newport Coast, CA | $60K | 2020 |
| Stanford University Graduate School Of BusinessGeneral & Unrestricted | Stanford, CA | $20K | 2020 |
| Nicklaus Childrens Health Care Foundation IncGeneral & Unrestricted | N Palm Beach, FL | $16K | 2020 |
| Duke UniversityGeoffrey Brant Walton Scholarship Fund to provide financial aid for students enrolled in the school of medicine | Durham, NC | $5K | 2020 |