Tamias Foundation
- Assets
- $26.0m
- Revenue
- $6.2m
- Investments
- $23.3m
- Employees
- 0
- Location
- Hunt Valley, MD
- Founding
- 02/2003
- Data as of
- 12/2020
- EIN
- 51-0438443
Organization Overview
Tamias Foundation is located in Hunt Valley, MD. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tamias 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 12/2020, Tamias Foundation generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $2.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Tamias Foundation has awarded 30 individual grants totaling $12,675,160. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph J Duffy Director | 1 | $0 | |
George L Bunting Jr Director | 1 | $0 | |
Kevin D Irwin Jr Secretary/treasurer/direct | 1 | $0 | |
Earl J Acquaviva III Director | 1 | $0 | |
Mary Ellen Kranzlin Chairperson/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,235,581 |
| Interest on Savings | $0 |
| Dividends & Interest | $88,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,282,523 |
| Capital Gain Net Income | $3,282,523 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$404,944 |
| Total Revenue | $6,201,686 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $239,936 |
| Taxes | $36,011 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100,500 |
| Total operating and administrative expenses | $476,642 |
| Contributions, gifts, grants paid | $1,749,384 |
| Total expenses and disbursements | $2,226,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,675,959 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,341,470 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,017,429 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tamias Foundation has awarded $2,391,216 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ROSEMOOR FOUNDATION INC PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR A VARIETY OF APOSTOLIC INITIATIVES, CENTERS AND ACTIVITIES WHOSE ORIGIN AND MISSION ARE INSPIRED BY THE CATHOLIC PRELATURE OF OPUS DEI | $1,818,831 |
Irondale, AL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $144,428 |
MOUNT ST MARY'S SEMINARY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $144,428 |
CATHOLIC RELIEF SERVICES PURPOSE: TO ASSIST IMPOVERISHED AND DISADVANTAGED PEOPLE OVERSEAS | $141,765 |
OAKCREST SCHOOL PURPOSE: TO CHALLENGE GIRLS IN GRADES 6-12 TO DEVELOP THEIR INTELLECT, CHARACTER, FAITH AND LEADERSHIP POTENTIAL TO SUCCEED IN COLLEGE AND THROUGHOUT THEIR LIVES | $141,764 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Commonwealth Foundations Richmond, VA | $819,010 | $12,460,000 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |
Illumina Corporate Foundation Wilmington, DE | $8,163,072 | $7,329,761 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Mcleod Family Foundation Inc Roanoke, VA | $24,622,922 | $3,411,070 |
Petters Family Foundation Newport News, VA | $24,802,843 | $3,836,696 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |
Henkels Foundation Blue Bell, PA | $1,152,398 | $2,386,882 |