The Tapestry Foundation
EIN 271527554 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $25,000. This amount represents 25% or more of the Foundation's net assets of $166 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XiV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | $86K | $3K | $87K | 5 |
| 2018 | $42K | $25 | $46K | 3 |
| 2019 | N/A | $165 | $96K | N/A |
| 2020 | N/A | $166 | $5K | N/A |
| 2021 | $25K | $156 | $30K | 1 |
| 2022 | N/A | $158 | $5K | N/A |
| 2023 | N/A | $1K | $6K | N/A |
Grant Size Distribution
Based on 9 grants on record
Geographic Distribution
Texas Counties Served
Top 2 counties
- 1 McLennan
- 2 Van Zandt
Officers & Directors
Grants Awarded (9 total)
| Purpose | ||||
|---|---|---|---|---|
| Baylor University | Waco, TX | $44,000 | Baylor Entrepreneurship Excellence Fund | 2017 |
| Gospel for Asia Inc | Wills Point, TX | $26,750 | the Bridge of Hope Centers and Children Fund | 2018 |
| Drexel University | Philadelphia, PA | $25,000 | to support the Fund Run and the Startup Fund | 2021 |
| Gospel for Asia Inc | Wills Point, TX | $16,800 | Gospel for Asia children's Program | 2017 |
| Campus Crusade for Christ Inc | Orlando, FL | $10,000 | for the Max and Tanya Garkavenko ministries fund | 2018 |
| Campus Crusade for Christ Inc | Orlando, FL | $10,000 | General & Unrestricted | 2017 |
| Jim Ryun Ministries Inc | Washington, DC | $10,000 | General & Unrestricted | 2017 |
| Campus Crusade for Christ Inc | Orlando, FL | $5,500 | Kegeris Family Fund | 2017 |
| Drexel University | Philadelphia, PA | $5,000 | Drexel University's Annual Day of Giving: 24 Hours of Impact Pledge for The Close School of Entrepreneurship | 2018 |