Tasis Foundation Inc
- Assets
- $3.1m
- Revenue
- $261.4k
- Investments
- $2.9m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 09/1968
- Data as of
- 06/2022
- EIN
- 13-6225772
Organization Overview
Tasis Foundation Inc is located in Alexandria, VA. The organization was established in 1968. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tasis Foundation Inc 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 06/2022, Tasis Foundation Inc generated $261.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $200.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES EDUCATION SUPPORT BY PROVIDING EQUIPMENT, BOOKS, SUPPLIES AND FUNDS FOR EDUCATIONAL ACTIVITIES, FACULTY DEVELOPMENT, AND FACILITY IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES EDUCATION SUPPORT BY PROVIDING EQUIPMENT, BOOKS, SUPPLIES AND FUNDS FOR EDUCATIONAL ACTIVITIES, FACULTY DEVELOPMENT AND FACILITY IMPROVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gai Fleming Case Vice-President | OfficerTrustee | 2 | $0 |
Lynn F Aeschliman President | OfficerTrustee | 2 | $0 |
Betsy Newell Trustee | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,489 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,489 |
| Total Program Service Revenue | $0 |
| Investment income | $81,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $96 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $129,735 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,059 |
| Fees for services: Other | $19,320 |
| Advertising and promotion | $0 |
| Office expenses | $3,418 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $635 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $200,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,683 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,917,929 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,060,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,638,084 |
| Net assets with donor restrictions | $422,214 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,060,298 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Tasis Foundation Inc has recieved totaling $77,350.
| Awarding Organization | Amount |
|---|---|
Curtis W Mcgraw Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $75,000 |
Parker Foundation Chicago, IL PURPOSE: GENERAL PURPOSES | $1,500 |
Pistell Family Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $750 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 04/07/21 | $100 |
Endowment Analysis
| Beg. Balance | $518,652 |
| Earnings | $86,629 |
| Net Contributions | $1,000 |
| Other Expense | $1,291 |
| Grants | $12,100 |
| Ending Balance | $592,890 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Islamic Relief Usa Alexandria, VA | $182,616,288 | $136,444,567 |
Counterpart International Inc Washington, DC | $23,853,185 | $37,100,672 |
Finca International Inc Washington, DC | $220,542,017 | $16,504,630 |
Eurasia Foundation Inc Washington, DC | $7,282,681 | $16,957,437 |
Asia Harvest Winston Salem, NC | $3,139,213 | $8,431,865 |
Endowment Of The United States Institute Of Peace Incorporated Washington, DC | $76,020,223 | $4,830,011 |
Better World Fund Washington, DC | $6,993,265 | $3,925,019 |
Vinacapital Foundation Highlands, NC | $2,325,034 | $2,550,565 |
Fonkoze Usa Inc Washington, DC | $5,674,666 | $3,229,586 |
Novak Djokovic Foundation Usa Mooresville, NC | $1,770,113 | $619,559 |
Southeast Asia Resource Action Center Searac Washington, DC | $2,792,698 | $2,598,201 |
American Friends Of Lubavitch Washington, DC | $4,680,162 | $1,513,185 |