Public Charity

TIAA CHARITABLE INC

TIAA CHARITABLE INC is a Public Charity headquartered in CHARLOTTE, NC. Financial data from the 2021 filing: $26.2M revenue, $170.6M expenses. 21 publicly reported grants to this organization, totaling roughly $14.0M, appear in IRS filings.

EIN: 472199684 CHARLOTTE, NC Latest filing: 2021
Total Revenue$26.2M
Total Expenses$170.6M
Grant Records21
Funding Total$14.0M
Filing Years2018–2021

Mission

TIAA CHARITABLE IS FORMED TO ENCOURAGE PHILANTHROPY AND CHARITABLE GIVING BY RECEIVING GIFTS OF MONEY OR PROPERTY, INVESTING AND REINVESTING THE SAME, PROVIDING SUPPORT AND ASSISTANCE TO ENCOURAGE THE MAKING OF CHARITABLE CONTRIBUTIONS, AND APPLYING THE INCOME AND PRINCIPAL THEREOF THROUGH CONTRIBUTIONS TO THE ORGANIZATIONS OR DIRECTLY FOR SUCH ACTIVITIES IN FUTHERANCE OF ITS CHARITABLE PURPOSES.

Where $100 goes at Tiaa Charitable Inc

How Tiaa Charitable Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
Tiaa Charitable seeks to facilitate, support and increase charitable activities by acting as a sponsoring organization of donor advised funds and by making grants to qualified charities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2021. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CONTROLLER Adam Elmore
DIRECTOR Beverly Daniel Tatum
PRES/CEO/CHAIR (UNTIL 2/28/21) Chris Carnal
VICE PRESIDENT, TAX Christopher Baraks
ASSISTANT TREASURER Cj Heald
ASSISTANT SECRETARY Danny Tunsupong

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$13,457,234 18 grants
Education
$251,990 1 grant
Human & Social Services
$174,777 1 grant
Arts & Culture
$96,777 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $26.2M $170.6M —
2020 $59.1M $51.3M $164.9M
2019 $80.9M $43.7M $148.8M
2018 $60.2M $22.6M $102.9M

Between 2018 and 2021, reported annual revenue declined from $60.2M to $26.2M (-56%).

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TIAA CHARITABLE INC

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