philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Tesson Foundation EIN 72-1285110

Tesson Foundation

EIN  72-1285110 Private foundation / grantmaker Metairie, LA
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Tesson Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
A private foundation based in Metairie, LA. It reported about $121K in revenue for 2024.
Leadership
Tiffany T Hillegass · Sec./ Treas
Money in and out
$121K revenue, $203K expenses
Bottom line
—

A private foundation based in Metairie, LA. It reported about $121K in revenue for 2024. For fiscal year 2025 it reported $121K in revenue, $203K in expenses, and $2.5M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$121K
Pt VIII · Ln 12
Total expenses
$203K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$82K
Total assets
2.5M
deployed as grants and operations
Grants paid
188K
in FY2025
Grants made
32grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 32 grants · $188K · 2024–2024
The Stem LibraryFY2024$95,000
University of Southern MississippiFY2024$25,275
St Mary's AcademyFY2024$20,000
Archbishop Hannan High SchoolFY2024$10,260
18th WardLA · FY2024$10,000
Second HarvestFY2024$5,500
Covenant House New OrleansLA · FY2024$5,200
Tulane ResearchFY2024$5,000
St Paul's Catholic SchoolFY2024$5,000
Mercy Homes for Boys GirlsFY2024$1,000
Special Olympics INCDC · FY2024$1,000
Salvation ArmyFY2024$500
Bridge HouseFY2024$500
St Jude'sFY2024$300
United Service OrganizationsFY2024$250
Habitat for HumanityFY2024$250
Sloan Kettering Cancer CenterFY2024$250
Shriners Childrens HospitalFY2024$200
See all 32 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV11
Average grantPart XV$6K
Median grantPart XV$250
Largest grantPart XV$95K
Top cause focusNTEERecreation & Sports (6%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$121K
FY2025▲ +24%
Expenses
$203K
FY2025▲ +13%
Total assets
$2.5M
FY20250%
Total liabilities
$0
FY2025
Total revenue
$121K
Pt VIII · Ln 12
Total expenses
$203K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Total assetsPt II$2.5M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTesson Foundation
EINHdr · item D72-1285110
Principal addressHdr · item CMetairie, LA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20Z)
Ruling yearIRS BMFMar 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Cherish Van Mullem
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tesson Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Investment income100%$121K
Other revenue$45
Total revenueLn 12$121K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.93 Operating & administrative $0.07
Grants & contributions paid93%$188K
Operating & administrative7%$15K
Total functional expensesLn 25$203K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.5M
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2.5M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $121K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $121K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $121K · Prior year $98K
+24%
Revenue CAGR
FY2019 $273K · FY2024 $121K
-15%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year $2.5M
0%
Balance sheet
Surplus Margin
Revenue $121K · Expenses $203K
-68%
Liabilities-to-Assets
Total liabilities $0 · Total assets $2.5M
0%
Net-asset ratio
Net assets $2.5M · Total assets $2.5M
100%
People & payroll
Highest Reported Total Compensation
Individual Tiffany T Hillegass · Reported title Sec./ Treas · Highest reported compensation $0 · Total expenses $203K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 24%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$121K revenue · viewing · ⤓ 990 PDF
FY2024$98K revenue · ⤓ 990 PDF
FY2023$-44K revenue · ⤓ 990 PDF
FY2022$69K revenue · ⤓ 990 PDF
FY2021$253K revenue · ⤓ 990 PDF
FY2020$273K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.