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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. Total assets have grown from $63.5M in 2011 to $201.2M in 2024. The foundation is governed by 5 officers and trustees. Hospital & Health Organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Massachusetts. 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.
Smallest Grant
$20K
Median Grant
$50K
Average Grant
$258K
Largest Grant
$3M
Based on 17 grants from the most recent 990-PF filing.
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 | N/A |
| Glorianne Demoulas | TRUSTEE | $0 | $0 | N/A |
| Arthur T Demoulas | TRUSTEE | $0 | $0 | N/A |
| Frances I Demoulas | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$201.2M
Fair Market Value
N/A
Net Worth
$201.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Boys & Girls Club Of Greater LowellYouth Organizations | Lowell, MA | $200K | 2023 |
| Holy Trinity Greek Orthodox ChurchChurches, Temples, & Religious | Lowell, MA | $200K | 2023 |
| Cotting SchoolSchools, Colleges, Universities | Lexington, MA | $50K | 2023 |
| Boys & Girls Club Of Greater LawrenceYouth Organizations | Lawrence, MA | $50K | 2023 |
| Camp Harbor ViewYouth Organizations | Boston, MA | $50K | 2023 |
| Crocker Field Restoration Committee IncSchools, Colleges, Universities | Fiitchburg, MA | $50K | 2023 |
| Holy Ghost Society IncChurches, Temples, & Religious | Lowell, MA | $25K | 2023 |
| The Hellenic InitiativeCivic and Cultural Organizations | New York, NY | $25K | 2023 |
| Strongwater FarmCivic and Cultural Organizations | Tewksbury, MA | $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 |
| Fidelity HouseYouth Organizations | Arlington, MA | $50K | 2020 |
| Dana-Farber Cancer InstituteHospital & Health Organizations | Brookline, MA | $50K | 2020 |
| Athol Hospital - Heywood Heath CareHospital & Health Organizations | Gardner, MA | $50K | 2020 |
| New England Baptist HospitalHospital & Health Organizations | Roxbury Crossing, MA | $50K | 2020 |
| Lowell House IncHospital & Health Organizations | Lowell, MA | $25K | 2020 |
| Hasbro Children'S HospitalHospital & Health Organizations | Providence, RI | $13K | 2020 |