Tenacre Foundation

Organization Overview

Tenacre Foundation is located in Princeton, NJ. The organization was established in 1937. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 04/2022, Tenacre Foundation employed 183 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenacre Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 04/2022, Tenacre Foundation generated $169.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $153.9m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Tenacre Foundation has awarded 504 individual grants totaling $385,711,615. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

CHRISTIAN SCIENCE NURSING SERVICES - TENACRE FOUNDATION MAKES AVAILABLE THE RELIGIOUS MINISTRY OF CHRISTIAN SCIENCE NURSING FOR THOSE INDIVIDUALS CHOOSING TO RELY RADICALLY ON GOD FOR HEALING, AS TAUGHT IN CHRISTIAN SCIENCE, AND BY PROVIDING BENEVOLENCE TO DO SO WITHOUT REGARD TO THE ABILITY OF THOSE IN NEED TO PAY FOR THE PROVISION OF SUCH SERVICES.


SCHOOL OF CHRISTIAN SCIENCE NURSING - TENACRE ALSO OPERATES A SCHOOL IN ACCORDANCE WITH THE PRECEPTS OF CHRISTIAN SCIENCE TO HELP PREPARE MEMBERS OF THE MOTHER CHURCH TO REPRESENT THEMSELVES AS CHRISTIAN SCIENCE NURSES WHO MAY SERVE INDIVIDUALLY, OR WHO MAY STAFF THE FACILITIES OF THE CORPORATION AND OTHER CHRISTIAN SCIENCE ORGANIZATIONS AND FACILITIES.


CHRISTIAN SCIENTISTS IN RESIDENCE PROGRAM - TENACRE MAINTAINS AND OPERATES RESIDENTIAL APARTMENTS FOR CHRISTIAN SCIENTISTS-IN-RESIDENCE IN A COMMUNITY SETTING WITH A SPIRITUAL FOCUS FOR THOSE WHO AGREE TO AND HAVE THE QUALIFICATIONS TO PARTICIPATE IN THE SPIRITUAL AND RELIGIOUS MISSION OF THE CORPORATION AND/OR TO PRACTICE THE RELIGION OF THE FIRST CHURCH OF CHRIST, SCIENTIST, IN BOSTON, MASSACHUSETTS.


CHRISTIAN SCIENCE NURSING HOMECARE - TENACRE FOUNDATION MAKES AVAILABLE THE RELIGIOUS MINISTRY OF CHRISTIAN SCIENCE NURSING FOR THOSE INDIVIDUALS CHOOSING TO RELY RADICALLY ON GOD FOR HEALING, AS TAUGHT IN CHRISTIAN SCIENCE, WITHIN THE INDIVIDUAL'S HOME. BENEVOLENCE IS PROVIDED WITHOUT REGARD TO THE ABILITY OF THOSE IN NEED TO PAY FOR THE PROVISION OF SUCH SERVICES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
American Trust Investment Advisors
$865,270
Ford 3 Architects Llc
$726,383
Carnegie Investment Counsel
$345,879
Towle & Co
$729,575
Challenger Wealth Management
$260,576
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $110,583,611
Interest on Savings $300,672
Dividends & Interest $6,827,476
Net Rental Income$0
Net Gain on Sale of Assets $46,702,609
Capital Gain Net Income $46,677,623
Net ST Capital Gain $520,477
Income Modifications $0
Profit on Inventory Sales $0
Other Income $4,894,300
Total Revenue $169,308,668

Grants Awarded

Over the last fiscal year, Tenacre Foundation has awarded $187,813,302 in support to 294 organizations.

Grant RecipientAmount

New York, NY

PURPOSE: GENERAL SUPPORT

$17,500,000

NATIONAL FUND FOR CHRISTIAN SCIENCE NURSING

PURPOSE: GENERAL SUPPORT

$13,337,896

CEDARS CAMPS

PURPOSE: CHRISTIAN SCIENCE CAMPS

$10,415,767

LONGYEAR MUSEUM

PURPOSE: GENERAL SUPPORT

$10,000,980

SBP

PURPOSE: DISASTER RELIEF

$8,970,125

NATIONAL FUND FOR CHRISTIAN SCIENCE NURSING

PURPOSE: GENERAL SUPPORT

$7,814,435
View Grant Profile

Endowment Analysis

Beg. Balance$287,507
Earnings-$219
Ending Balance$287,288

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