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Tesco Foundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2011. The principal officer is Barbara B Ukrop. It holds total assets of $3.9M. Annual income is reported at $1.5M. Total assets have decreased from $5.3M in 2011 to $4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Tesco Foundation has made 150 grants totaling $458K, with a median grant of $1K. The foundation has distributed between $215K and $242K annually from 2020 to 2022. Individual grants have ranged from $100 to $40K, with an average award of $3K. The foundation has supported 102 unique organizations. The foundation primarily supports organizations in Virginia, District of Columbia, Colorado, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$3K
Largest Grant
$17K
Based on 87 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.
Tesco Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 150 grants. Its grantmaking reaches organizations primarily in VA, DC, CO.
Tesco Foundation has distributed a total of $458K across 150 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $100 to $40K.
The application deadline is APPLICATIONS ARE ACCEPTED YEAR-ROUND.. Grants are limited to qualified section 501(c)(3) organizations that are described in section 509(a)(1), (2), or (3) as publicly supported organizations.
Tesco Foundation is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph E Ukrop | SECRETARY | $0 | $0 | N/A |
| R Scott Ukrop | PRESIDENT | $0 | $0 | N/A |
| James E Ukrop | DIRECTOR | $0 | $0 | N/A |
Total Giving
$253K
Total Assets
$4M
Fair Market Value
$4.9M
Net Worth
$4M
Grants Paid
$209K
Contributions
N/A
Net Investment Income
$191K
Distribution Amount
$226K
Total: $3.4M
Total Grants
150
Total Giving
$458K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
102
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The ValentineOPERATIONS | Richmond, VA | $16K | 2022 |
| Virginia Union UniversityOPERATIONS | Richmond, VA | $3K | 2022 |
| William & Mary FoundationDAVID MURPHY MEMORIAL FOOTBALL ENDOWMENT; JIMMYE LAYCOCK FOOTBALL CTR FUND | Williamsburg, VA | $40K | 2022 |
| Anna Julia Cooper Episcopal SchoolWALLACE MEMORIAL ENDOWMENT | Richmond, VA | $20K | 2022 |
| Washington National CathedralOPERATIONS | Washington, DC | $19K | 2022 |
| St James'S Episcopal Church$1,000 FOR BISHOP ACKAH'S MINISTRY IN GHANA; $1,000 CLERGY DISCRETIONARY FUND | Richmond, VA | $17K | 2022 |
| Maggie Walker Community TrustOPERATIONS | Richmond, VA | $15K | 2022 |
| Vmfa FoundationOPERATIONS | Richmond, VA | $12K | 2022 |
| Unite AmericaOPERATIONS | Denver, CO | $10K | 2022 |
| 1708 GalleryOPERATIONS | Richmond, VA | $10K | 2022 |
| Ymca Of Greater RichmondOPERATIONS | Richmond, VA | $6K | 2022 |
| Wason Center For Civic LeadershipOPERATIONS | Newport News, VA | $5K | 2022 |
| Sports BackersOPERATIONS | Richmond, VA | $5K | 2022 |
| Urban Hope RvaOPERATIONS | Richmond, VA | $5K | 2022 |
| Richmond Cycling CorpsOPERATIONS | Richmond, VA | $5K | 2022 |
| Historic Richmond FoundationOPERATIONS | Richmond, VA | $4K | 2022 |
| Richmond Performing Arts AllianceOPERATIONS | Richmond, VA | $3K | 2022 |
| Communities In Schools Of RichmondOPERATIONS | Richmond, VA | $3K | 2022 |
| Vcu School Of Engineering FoundationOPERATIONS | Richmond, VA | $3K | 2022 |
| Rva-757 ConnectsOPERATIONS | Richmond, VA | $3K | 2022 |
| Westminster Canterbury FoundationOPERATIONS | Richmond, VA | $3K | 2022 |
| St Christopher'S SchoolOPERATIONS | Richmond, VA | $3K | 2022 |
| Leadership Metro RichmondOPERATIONS | Richmond, VA | $2K | 2022 |
| J Sargeant Reynolds Cc Educational FoundationOPERATIONS | Richmond, VA | $2K | 2022 |
| Vcu Massey Cancer CenterOPERATIONS | Richmond, VA | $2K | 2022 |
| College Of William And Mary$1,075 FUND FOR W&M, $100 SWEM LIBRARY, $250 TRIBE CLUB, $250 MASON SCHOOL OF BUSINESS | Williamsburg, VA | $2K | 2022 |
| Children'S Home Society Of VirginiaOPERATIONS | Richmond, VA | $2K | 2022 |
| Tulane UniversitySCHOOL OF SCIENCE & ENGINEERING | New Orleans, LA | $2K | 2022 |
| Nextup RvaOPERATIONS | Richmond, VA | $2K | 2022 |
| Caritas$1,000 ANNUAL GIVING, $500 FOR THE KAREN J. STANLEY CLIENT ASSISTANCE FUND | Richmond, VA | $2K | 2022 |
| Goodwill Industries Of Central VirginiaOPERATIONS | Richmond, VA | $1K | 2022 |
| Maymont FoundationOPERATIONS | Richmond, VA | $1K | 2022 |
| American Red CrossGREATER RICHMOND CHAPTER | Richmond, VA | $1K | 2022 |
| ChamberrvaOPERATIONS | Richmond, VA | $1K | 2022 |
| Cultureworks IncFOR YOUTH PROGRAMMING | Richmond, VA | $1K | 2022 |
| Elegba Folklore SocietyOPERATIONS | Richmond, VA | $1K | 2022 |
| Friends Of Monroe ParkOPERATIONS | Richmond, VA | $1K | 2022 |
| Historic Petersburg FoundationOPERATIONS | Petersburg, VA | $1K | 2022 |
| Local Initiatives Support CorporationOPERATIONS | Richmond, VA | $1K | 2022 |
| Richard Bland College FoundationOPERATIONS | Prince George, VA | $1K | 2022 |
| Science Museum Of Virginia FoundationOPERATIONS | Richmond, VA | $1K | 2022 |
| SportableOPERATIONS | Richmond, VA | $1K | 2022 |
| St Catherine'S SchoolOPERATIONS | Richmond, VA | $1K | 2022 |
| Vcu Institute For Contemporary Arts (Ica)CAPITAL CAMPAIGN | Richmond, VA | $1K | 2022 |
| Davidson CollegeOPERATIONS | Davidson, NC | $750 | 2022 |
| The Health WagonOPERATIONS | Wise, VA | $500 | 2022 |
| The Podium FoundationOPERATIONS | Richmond, VA | $500 | 2022 |
| James River AssociationOPERATIONS | Richmond, VA | $500 | 2022 |
| Amp Metro RichmondOPERATIONS | Richmond, VA | $500 | 2022 |
| Uva FundOPERATIONS | Charlottesville, VA | $500 | 2022 |