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Therese Foundation is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 2000. The principal officer is George S Farah. It holds total assets of $516K. Annual income is reported at $121K. The foundation is governed by 3 officers and trustees. 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 2016 to 2023. According to available records, Therese Foundation has made 11 grants totaling $78K, with a median grant of $5K. Annual giving has decreased from $30K in 2021 to $23K in 2023. Individual grants have ranged from $2K to $15K, with an average award of $7K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Wisconsin and California. 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.
Therese Foundation 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 WI, CA.
Therese Foundation has distributed a total of $78K across 11 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $2K to $15K.
Therese Foundation typically selects its grantees rather than accepting unsolicited proposals.
Therese Foundation is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George S Farah | EXECUTIVE DIRECTOR | $2K | $0 | $2K |
| Diane K Farah | DIRECTOR | $0 | $0 | N/A |
| Simone Goldman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$31K
Total Assets
$523K
Fair Market Value
$409K
Net Worth
$523K
Grants Paid
$23K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$16K
Total Grants
11
Total Giving
$78K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Society Of St Vincent De PaulTO SUPPORT COMMUNITY DURING THE PANDEMIC | Madison, WI | $15K | 2021 |
| Access Community Health CentersSUPPORT FOR SOLAR PROJECT | Madison, WI | $10K | 2023 |
| Ceiba Foundation For Tropical ConseSUPPORT FOR DEVELOPMENT OF ESCOBAR FOREST PROPERTY | Madison, WI | $5K | 2023 |
| University Of Wisconsin FoundationSUPPORT FOR GRANT HOLDING FUND | Madison, WI | $5K | 2023 |
| Insight Meditation Center Of Mi PenGENERAL SUPPORT TO FOUNDATION MISSION | Redwood City, CA | $3K | 2023 |
| Ceiba FoundationSUPPORT FOR DEVELOPMENT OF VELASCO FOREST PROPERTY | Madison, WI | $5K | 2022 |
| Univesity Of Wisconsin FoundationSUPPORT FOR GRANT HOLDING FUND | Madison, WI | $5K | 2022 |
| Insight Meditation Center Of Mid PeGENERAL SUPPORT TO FOUNDATION MISSION | Redwood City, CA | $3K | 2022 |
| The Christine CenterFUNDING FOR ELECTRIC CAR CHARGING STATIONS | Willard, WI | $2K | 2022 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI