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Terlato Family Foundation is a private corporation based in LAKE BLUFF, IL. The foundation received its IRS ruling in 2003. The principal officer is % Byron M Best. It holds total assets of $1.1M. Annual income is reported at $44K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Terlato Family Foundation has made 23 grants totaling $181K, with a median grant of $5K. Annual giving has decreased from $127K in 2022 to $55K in 2023. Individual grants have ranged from $1K to $25K, with an average award of $8K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Illinois, Texas, Florida, which account for 61% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Terlato Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in IL, TX, FL.
Terlato Family Foundation has distributed a total of $181K across 23 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $25K.
Terlato Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Terlato Family Foundation is headquartered in LAKE BLUFF, IL. While based in IL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Josephine P Terlato | Vice President | $0 | $0 | $0 |
| William A Terlato | Treasurer | $0 | $0 | $0 |
| John A Terlato | Director | $0 | $0 | $0 |
Total Giving
$55K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$55K
Contributions
$50K
Net Investment Income
$40K
Distribution Amount
$1K
Total: $1.1M
Total Grants
23
Total Giving
$181K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Shoulders FundContribution for quality education throughout Chicago and Northwest Indiana. | Chicago, IL | $25K | 2023 |
| Jupiter Medical CenterContribution to medical education purpose. | Jupiter, FL | $10K | 2023 |
| Mayo ClinicContribution for Medical research | Rochester, MN | $10K | 2023 |
| Northwestern Memorial FoundationContribution in support the work of Dr. Tyler Koski. | Chicago, IL | $5K | 2023 |
| Des Plaines Wetlands ConservancyContribution to assist in preserving natural wetlands contiguous to the Des Plaines River. | Pleasant Prairie, WI |
| $3K |
| 2023 |
| Lake Forest Country Day SchoolContribution to Annual Giving Fund to engage, inspire, and prepare the students for a lifetime of learning and leadership. | Lake Forest, IL | $1K | 2023 |
| Peconic Hockey FoundationHelp to pursue the dreams of growing the game of hockey on the east end of long Island. | South Hampton, NY | $1K | 2023 |
| Southern Methodist UniversityContribution to support SMU Ignited: Boldly Shaping Tomorrow. | Dallas, TX | $25K | 2022 |
| Lake Forest AcademyContribution to education. | Lake Forest, IL | $13K | 2022 |
| Cal Poly FoundationContribution to support the CSSE instructional Student Assistants. | San Luis Obispo, CA | $6K | 2022 |
| Elsenhower Health FoundationContribution to hospital expansion and the new programs. | Rancho Mirage, CA | $5K | 2022 |
| Lake Geneva Country Club FoundationContribution to provide educational and financial support to assist recipients' further education. | West Chicago, IL | $1K | 2022 |
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