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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Tl Foundation

Tl Foundation

Fiscal year ending 2025. Filed on November 13, 2025.

1100 Market Street 441
San Diego, California 92101

Tl Foundation (EIN: 87-1337572) has filed an IRS Form 990 since fiscal year 2024. In its fiscal year 2025 IRS Form 990 filing, Tl Foundation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$127,787

Expenses

$100,067

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James MacKay
Chief Financial Officer and Treasurer
$0
Andy Ballester
Chair
$0
Eric Otterson
Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

Mary Walshok
Director
Mike Krenn
Director
Rick Valencia
Director
Sureel Sheth
Director
Tim Scott
Director

Mission Statement

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

Revisions to this organization profile

November 13, 2025:
2025 Tl Foundation 990 filed
March 19, 2025:
2024 Tl Foundation 990 filed

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