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The Tika Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $3.9M. Annual income is reported at $621K. Total assets have grown from $500K in 2013 to $3.9M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of human services. 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, The Tika Foundation has made 30 grants totaling $620K, with a median grant of $10K. Annual giving has grown from $189K in 2020 to $431K in 2022. Individual grants have ranged from $500 to $60K, with an average award of $21K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Minnesota and New York and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$16K
Largest Grant
$50K
Based on 11 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.
The Tika Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in MN, NY, CA.
The Tika Foundation has distributed a total of $620K across 30 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $500 to $60K.
The Tika Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Tika Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter J Capell | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$223K
Total Assets
$3.9M
Fair Market Value
$4M
Net Worth
$3.9M
Grants Paid
$190K
Contributions
N/A
Net Investment Income
$166K
Distribution Amount
$198K
Total Grants
30
Total Giving
$620K
Average Grant
$21K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Foundation For Aids Researchthe amFAR Institute for HIV Cure Research | New York, NY | $60K | 2022 |
| Arts MidwestThe David Fraher Fund for Innovation | Minneapolis, MN | $50K | 2022 |
| Schwab Charitable FundThe Verus Fund | San Francisco, CA | $39K | 2022 |
| Second Harvest HeartlandGeneral & Unrestricted | Brooklyn Park, MN | $20K | 2022 |
| Planned Parenthood Minnesota North Dakota South DaGeneral & Unrestricted | Saint Paul, MN | $20K | 2022 |
| The Tower Foundation Of San Jose State UniversityThe Charles J. Uehrke Endowed Scholarship in Design Fund | San Jose, CA | $10K | 2022 |
| University Of St ThomasGeneral & Unrestricted | St Paul, MN | $6K | 2022 |
| Animal Humane SocietyGeneral & Unrestricted | Minneapolis, MN | $5K | 2022 |
| This Old Horse IncGeneral & Unrestricted | Hastings, MN | $500 | 2022 |
| Minnesota Public RadioMPR CAPITAL CAMPAIGN SPECIFICALLY TO SUPPORT "IN THE DARK" | Saint Paul, MN | $15K | 2020 |
| Planned Parenthood Federation Of America IncGeneral & Unrestricted | New York, NY | $10K | 2020 |
| Lake Street CouncilWe Love Lake Street Fund for Lake Street businesses impacted by the 2020 civil unrest | Minneapolis, MN | $10K | 2020 |