Tet Family Foundation A Non-Profit Corporation
- Assets
- $674.7k
- Revenue
- $18.3k
- Investments
- $663.9k
- Employees
- 0
- Location
- Westminster, CO
- Founding
- 03/2002
- Data as of
- 12/2023
- EIN
- 84-1610192
Organization Overview
Tet Family Foundation A Non-Profit Corporation is located in Westminster, CO. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Tet Family Foundation A Non-Profit Corporation 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 12/2023, Tet Family Foundation A Non-Profit Corporation generated $18.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $30.2k during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $1,696 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $547 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,159 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $30,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,830 |
| Savings and temporary cash investments | $0 |
| 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 | $663,864 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $674,694 |
| 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, Tet Family Foundation A Non-Profit Corporation has awarded $26,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DENVER RESCUE MISSION PURPOSE: HOMELESS | $3,000 |
BRENTS PLACE PURPOSE: CANCER | $3,000 |
MOUNT ST VINCENT PURPOSE: ABUSED KIDS | $3,000 |
NATIONAL JEWISH HEALTH PURPOSE: PATIENT CARE | $3,000 |
MORGAN ADAMS FOUNDATION PURPOSE: KIDS CANCER | $3,000 |
MASS GENERAL PURPOSE: CEREBRAL RESEARCH | $1,000 |