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Also known as: FOUNDATION INC
Ted And Suzanne Groesbeck Foundation Inc. is a private corporation based in PLANO, TX. The foundation received its IRS ruling in 2016. The principal officer is % Jan Pierret. It holds total assets of $10.8M. Annual income is reported at $1. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ted And Suzanne Groesbeck Foundation Inc. has made 11 grants totaling $420K, with a median grant of $25K. Annual giving has grown from $143K in 2020 to $277K in 2021. Individual grants have ranged from $10K to $135K, with an average award of $38K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Florida, Texas, North Carolina, which account for 64% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Ted And Suzanne Groesbeck Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in FL, TX, NC.
Ted And Suzanne Groesbeck Foundation Inc. has distributed a total of $420K across 11 grants. The median grant size is $25K, with an average of $38K. Individual grants have ranged from $10K to $135K.
Ted And Suzanne Groesbeck Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ted And Suzanne Groesbeck Foundation Inc. is headquartered in PLANO, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ted Groesbeck | DIRECTOR | $0 | $0 | $0 |
Total Giving
$4K
Total Assets
$10.8M
Fair Market Value
$1.8M
Net Worth
$10.8M
Grants Paid
$0
Contributions
$2K
Net Investment Income
$0
Distribution Amount
$86K
Total: $0
Total Grants
11
Total Giving
$420K
Average Grant
$38K
Median Grant
$25K
Unique Recipients
10
Most Common Grant
$10K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stonebriar Community ChurchGENERAL FUND | Frisco, TX | $135K | 2021 |
| Samaritan'S PurseGENERAL FUND | Boone, NC | $35K | 2021 |
| Ocean Reef Community FoundationGENERAL FUND | Key Largo, FL | $35K | 2021 |
| Era First Baptist ChurchGENERAL FUND | Era, TX | $25K | 2021 |
| Joyce Meyer MinistriesGENERAL FUND | Fenton, MO | $15K | 2021 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Tunnel To Towers FoundationGENERAL FUND |
| Staten Island, NY |
| $12K |
| 2021 |
| Feed My Starving ChildrenGENERAL FUND | Coon Rapids, MN | $10K | 2021 |
| Mercy ChefsGENERAL FUND | Portsmouth, VA | $10K | 2021 |
| The Ocean Reef Chapel FoundationGENERAL FUND | Key Largo, FL | $100K | 2020 |
| Baptist Health FoundationGENERAL FUND | Coral Gables, FL | $10K | 2020 |
HOUSTON, TX
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