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Also known as: Foundation
Telemachus And Irene Demoulas Family Foundation is a private trust based in CHELMSFORD, MA. The foundation received its IRS ruling in 2002. It holds total assets of $201.2M. Annual income is reported at $19.6M. Hospital & Health Organizations. According to available records, Telemachus And Irene Demoulas Family Foundation has made 27 grants totaling $7.1M, with a median grant of $50K. Annual giving has decreased from $4.1M in 2020 to $3.1M in 2023. Individual grants have ranged from $13K to $3M, with an average award of $264K. The foundation has supported 21 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and Rhode Island. Contributions to this foundation are tax-deductible.
Hospital & Health Organizations
Expenses: $3.3M
Schools, Colleges, Universities
Expenses: $663K
Youth Organizations
Expenses: $175K
Churches, Temples, & Religious
Expenses: $120K
Hospital & Health Organizations. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in MA, NY, RI.
Telemachus And Irene Demoulas Family Foundation has distributed a total of $7.1M across 27 grants. The median grant size is $50K, with an average of $264K. Individual grants have ranged from $13K to $3M.
Telemachus And Irene Demoulas Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (043582759) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Telemachus And Irene Demoulas Family Foundation is headquartered in CHELMSFORD, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan M Dufresne | ADMINISTRATOR | $38K | $0 | $38K |
| Caren L Demoulas | TRUSTEE | $0 | $0 | $0 |
| Glorianne Demoulas | TRUSTEE | $0 | $0 | $0 |
| Arthur T Demoulas | TRUSTEE | $0 | $0 | $0 |
| Frances I Demoulas | TRUSTEE | $0 | $0 | $0 |
Total Giving
$3.5M
Total Assets
$200.8M
Fair Market Value
$200.8M
Net Worth
$200.8M
Grants Paid
$3.1M
Contributions
$0
Net Investment Income
$4.1M
Distribution Amount
$3.8M
Total: $59.5M
Total Grants
27
Total Giving
$7.1M
Average Grant
$264K
Median Grant
$50K
Unique Recipients
21
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anatolia CollegeSchools, Colleges, Universities | Boston, MA | $50K | 2020 |
| Massachusetts General HospitalHospital & Health Organizations | Boston, MA | $2M | 2023 |
| Boston CollegeSchools, Colleges, Universities | Chestnut Hill, MA | $338K | 2023 |
| Holy Trinity Greek Orthodox ChurchChurches, Temples, & Religious | Lowell, MA | $200K | 2023 |
| Boys & Girls Club Of Greater LowellYouth Organizations | Lowell, MA |
ATLANTA, GA
JAMAICA PLAIN, MA
SEALY, TX
PURCHASE, NY
LOS ANGELES, CA
| $200K |
| 2023 |
| Camp Harbor ViewYouth Organizations | Boston, MA | $50K | 2023 |
| Boys & Girls Club Of Greater LawrenceYouth Organizations | Lawrence, MA | $50K | 2023 |
| Cotting SchoolSchools, Colleges, Universities | Lexington, MA | $50K | 2023 |
| Crocker Field Restoration Committee IncSchools, Colleges, Universities | Fiitchburg, MA | $50K | 2023 |
| Strongwater FarmCivic and Cultural Organizations | Tewksbury, MA | $25K | 2023 |
| Holy Ghost Society IncChurches, Temples, & Religious | Lowell, MA | $25K | 2023 |
| The Hellenic InitiativeCivic and Cultural Organizations | New York, NY | $25K | 2023 |
| Ma Covid-19 Relief Fund - Foundation For Business EquityCivic, Cultural & Other | Boston, MA | $100K | 2020 |
| Anna Jaques Community Health FoundationHospital & Health Organizations | Newburyport, MA | $50K | 2020 |
| Signature Healthcare FoundationHospital & Health Organizations | Brockton, MA | $50K | 2020 |
| Dana-Farber Cancer InstituteHospital & Health Organizations | Brookline, MA | $50K | 2020 |
| New England Baptist HospitalHospital & Health Organizations | Roxbury Crossing, MA | $50K | 2020 |
| Fidelity HouseYouth Organizations | Arlington, MA | $50K | 2020 |
| Athol Hospital - Heywood Heath CareHospital & Health Organizations | Gardner, MA | $50K | 2020 |
| Lowell House IncHospital & Health Organizations | Lowell, MA | $25K | 2020 |
| Hasbro Children'S HospitalHospital & Health Organizations | Providence, RI | $13K | 2020 |
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