Nonprofit · EIN 27-2314595
TESCO FOUNDATION
Tax-exempt · RICHMOND, VA 23230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $222,269 | $324,936 | -$102,667 | $3,907,327 | $18,500 | $3,888,827 |
| December 31, 2023 | 990-PF | $233,202 | $253,396 | -$20,194 | $3,991,494 | $0 | $3,991,494 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $183
- Dividends
- $113,135
- Interest
- $5,990
- Net gain from sales of assets
- $74,774
- Other income
- $28,187
Expenses
- Grants and similar amounts paid
- $266,000
- Disbursements for charitable purposes
- $266,013
- Excise tax on investment income
- $2,290
Balance sheet and other
- Total assets, start of year
- $3,991,494
- Total assets, end of year
- $3,907,327
- Total liabilities, end of year
- $18,500
- Net assets, end of year
- $3,888,827
- Fair market value of assets
- $5,133,863
- Qualifying distributions
- $266,013
- Net investment income
- $222,086
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James E Ukrop 2001 Maywill Street, Richmond, VA 23230 | Director | 0.5 | $0 |
| R Scott Ukrop 2001 Maywill Street, Richmond, VA 23230 | President | 0.5 | $0 |
| Joseph E Ukrop 2001 Maywill Street, Richmond, VA 23230 | Secretary | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R Scott Ukrop 2001 Maywill Street, Richmond, VA 23230 | President | 0.5 | $0 |
| Joseph E Ukrop 2001 Maywill Street, Richmond, VA 23230 | Secretary | 0.5 | $0 |
| James E Ukrop 2001 Maywill Street, Richmond, VA 23230 | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 MAYWILL ST STE 100, RICHMOND, VA 23230-3236
- In care of
- % BARBARA B UKROP
- Signed the 990-PF
- R Scott Ukrop, President
- Phone
- (804) 340-3000
- Return prepared by
- Forvis Mazars LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-2314595
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,907,327
- Income (IRS master file)
- $1,463,416
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $222,269 | $324,936 | $3,907,327 | XML |
| 990-PF | December 2023 | $233,202 | $253,396 | $3,991,494 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2314595).
Questions about TESCO FOUNDATION
- What is the EIN of TESCO FOUNDATION?
- The employer identification number (EIN) of TESCO FOUNDATION is 27-2314595.
- Is TESCO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to TESCO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TESCO FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TESCO FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TESCO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of TESCO FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does TESCO FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $222,269, expenses of $324,936 and total assets of $3,907,327 at year end.
Other nonprofits in RICHMOND
- THE COMMUNITY FOUNDATION INC EIN 23-7009135 · last filed 990 for 2024
- RED GATES FOUNDATION EIN 30-1201296 · last filed 990-PF for 2024
- THE BLUEBIRD FOUNDATION EIN 41-2732892 · last filed 990-PF for 2025
- ENDEAVOUR LEGACY FOUNDATION EIN 83-1934407 · last filed 990-PF for 2024
- BARBARA BRUNCKHORST FOUNDATION EIN 86-6502564 · last filed 990-PF for 2024
- THE PAULEY FAMILY FOUNDATION EIN 54-1685158 · last filed 990 for 2024
- DOMINION ENERGY CHARITABLE FOUNDATION EIN 47-2746460 · last filed 990-PF for 2024
- RICHMOND JEWISH FOUNDATION EIN 54-1623966 · last filed 990 for 2025
All nonprofits in RICHMOND · Virginia · Philanthropy, voluntarism and grantmaking foundations