Teel Family Foundation
EIN 261595570 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, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $71,500. This amount represents 25% or more of the Foundation's net assets of $246,100 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. 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 | $38K | $446K | $47K | 3 |
| 2018 | $45K | $362K | $28K | 3 |
| 2019 | N/A | $375K | $6K | N/A |
| 2020 | $55K | $335K | $-12K | 3 |
| 2021 | $45K | $335K | $15K | 2 |
| 2022 | $25K | $246K | $9K | 1 |
| 2023 | $72K | $204K | $17K | 5 |
Grant Size Distribution
Based on 17 grants on record
Geographic Distribution
Texas Counties Served
Top 1 counties
- 1 Harris
Officers & Directors
Grants Awarded (17 total)
| Purpose | ||||
|---|---|---|---|---|
| New York City Master Chorale Inc | New York, NY | $30,000 | Diversity, equity, and inclusion work | 2021 |
| New York City Master Chorale Inc | New York, NY | $25,000 | General & Unrestricted | 2018 |
| Oregon Shakespeare Festival Association | Ashland, OR | $25,000 | General & Unrestricted | 2020 |
| Oregon Shakespeare Festival Association | Ashland, OR | $25,000 | The 2021 Season | 2020 |
| New York City Master Chorale Inc | New York, NY | $25,000 | General & Unrestricted | 2023 |
| Oregon Shakespeare Festival Association | Ashland, OR | $25,000 | Promoting Theatre Diversity, Equity, and Inclusion | 2023 |
| Oregon Shakespeare Festival Association | Ashland, OR | $25,000 | General & Unrestricted | 2022 |
| New York City Master Chorale Inc | New York, NY | $20,000 | General & Unrestricted | 2017 |
| Oregon Shakespeare Festival Association | Ashland, OR | $15,000 | For sponsorship of the play "How to catch creation" | 2018 |
| Asheville Community Theatre Inc | Asheville, NC | $15,000 | Diversity, equity, and inclusion work | 2021 |
| Different Strokes Performing Arts Collective | Asheville, NC | $10,000 | funds for marketing and advertising in communities of color | 2023 |
| Communities in Schools of Houston Inc | Houston, TX | $10,000 | Hurricane Harvey relief fund | 2017 |
| Oregon Shakespeare Festival Association | Ashland, OR | $8,000 | General & Unrestricted | 2017 |
| Asheville Community Theatre Inc | Asheville, NC | $7,500 | Flyin West Sponsorship Fund | 2023 |
| Asheville Community Theatre Inc | Asheville, NC | $5,000 | General & Unrestricted | 2018 |
| Asheville Community Theatre Inc | Asheville, NC | $5,000 | General & Unrestricted | 2020 |
| Asheville Community Theatre Inc | Asheville, NC | $4,000 | Native Gardens Tickets & Spanish Translation of Play | 2023 |
Looking for more funders like Teel Family Foundation? Open the free Texas funder database and search 178,000+ foundations by state, type, and giving size.
Want to compare open opportunities instead? Open the free Texas grant database for active grants from federal, state, foundation, and corporate funders.