Also known as: F/K/A DAVID M TEREK FOUNDATION
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David M Terek Foundation is a private corporation based in BEAVERTON, OR. The foundation received its IRS ruling in 2009. The principal officer is David M Terek. It holds total assets of $571K. Annual income is reported at $500K. Total assets have grown from $1K in 2011 to $191K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, David M Terek Foundation has made 6 grants totaling $60K, with a median grant of N/A. Annual giving has grown from N/A in 2020 to $60K in 2023. Individual grants have ranged from N/A to $50K, with an average award of $10K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
David M Terek Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX.
David M Terek Foundation has distributed a total of $60K across 6 grants. The median grant size is N/A, with an average of $10K. Individual grants have ranged from N/A to $50K.
David M Terek Foundation typically selects its grantees rather than accepting unsolicited proposals.
David M Terek Foundation is headquartered in BEAVERTON, OR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David M Terek | PRESIDENT | $0 | $0 | N/A |
Total Giving
$60K
Total Assets
$191K
Fair Market Value
$191K
Net Worth
$191K
Grants Paid
$60K
Contributions
$250K
Net Investment Income
N/A
Distribution Amount
$7K
Total Grants
6
Total Giving
$60K
Average Grant
$10K
Median Grant
N/A
Unique Recipients
3
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The University Of Texas Md HoustonGENERAL OPERATING SUPPORT | Houston, TX | $50K | 2023 |
| Undying Hope International IncGENERAL OPERATING SUPPORT | Houston, TX | $10K | 2023 |
| The Salvation ArmyGENERAL | Dallas, TX | N/A | 2022 |