Public Charity

TL FOUNDATION

TL FOUNDATION is a nonprofit organization categorized as Public Charity based in SAN DIEGO, CA. Its most recent IRS filing (2025) reports revenue of $128K, expenses of $100K, total assets of $905K. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $1.0M.

EIN: 871337572 SAN DIEGO, CA Latest filing: 2025
Total Revenue$128K
Total Expenses$100K
Total Assets$905K
Grant Records1
Funding Total$1.0M
Filing Years2024–2025

Mission

THE SPECIFIC AND PRIMARY PURPOSE OF THIS CORPORATION IS TO SUPPORT THE FURTHERANCE OF ECONOMIC DEVELOPMENT IN THE GREATER SAN DIEGO AREA PARTICULARLY IN THE TECHNOLOGY AND LIFE SCIENCE STARTUP COMMUNITY AND IMPROVE THE LOCAL ECONOMY THEREIN BY PROMOTING INVESTMENT, ECONOMIC GROWTH AND BUSINESS DEVELOPMENT; CREATE A SUSTAINABLE MODEL FOR ECONOMIC GROWTH FOR THE SAN DIEGO REGION; PROVIDE JOB GROWTH AND CREATE A STRONG ECONOMIC FOUNDATION FOR THE REGIONAL COMMUNITY; FURTHER THE EFFORTS OF CONNECT FOUNDATION, A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION; AND ALLEVIATE SOME OF THE GOVERNMENTAL BURDEN OF SAN DIEGO AND MAKE OUR COMMUNITY STRONGER, MORE PRODUCTIVE AND SUSTAINABLE

Sample Grants Received

2023
FOR RECIPIENT'S EXEMPT PURPOSE
$1,000,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

CHAIR Andy Ballester
SECRETARY Eric Otterson
CFO/TREASURER James Mackay
DIRECTOR Mary Walshok
DIRECTOR Mike Krenn
DIRECTOR Rick Valencia

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$1,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $128K $100K $905K
2024 $1.0M $143K $893K

Between 2024 and 2025, reported annual revenue declined from $1.0M to $128K (-87%), with total assets most recently reported at $905K.

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

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