Aristotle Foundation Telly Savalas Memorial Fund
Aristotle Foundation Telly Savalas Memorial Fund is a private foundation, based in Evanston, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $210K in total assets. In 2024, it awarded 5 grants totaling $13K. Net investment income was $5K.
Aristotle Foundation Telly Savalas Memorial Fund at a glance
In short: Aristotle Foundation Telly Savalas Memorial Fund gave $13K across 5 grants in 2024 (avg $3K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $12,679
- +52.4% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $2,536
- -8.6% vs 2023
- Median grant
- $100
- Total assets
- $209,525
- +4.6% vs 2023
- Primary geography
- Illinois (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Aristotle Foundation Telly Savalas Memorial Fund funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was The Cradle ($12K across 2 grants). Together the top 4 received $13K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Aristotle Foundation Telly Savalas Memorial Fund gives
- Giving grew 70% from 2021 to 2024. Method
- In 2024 it paid out 133% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $7K (2021) to $13K (2022). In 2024 it made 5 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Cradle Evanston, IL | Advocacy | $10,379 |
| The Cradle Evanston, IL | Advocacy | $2,000 |
| Ithaca College Ithaca, NY | Education | $100 |
| Learning Bridge Early Education Cen Evanston, IL | Education | $100 |
| Youth and Family Counseling Libertyville, IL | Advocacy | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $209,525 | $8,234 | $17,338 | $12,679 | 5 | $13,944 | $4,840 | $10,472 |
| 2023 | $200,329 | $9,321 | $11,749 | $8,320 | 3 | $9,085 | $6,657 | $9,403 |
| 2022 | $188,934 | $8,364 | $16,530 | $13,000 | 2 | $13,775 | $5,609 | $9,689 |
| 2021 | $231,400 | $11,101 | $13,305 | $7,467 | 2 | $8,242 | $7,810 | $10,309 |
| 2020 | $196,789 | $42,371 | $12,439 | $10,500 | 3 | — | $40,498 | $8,604 |
| 2019 | $106,164 | $9,874 | $12,365 | $10,200 | 3 | — | $4,898 | $9,134 |
Under IRS private-foundation payout rules, Aristotle Foundation Telly Savalas Memorial Fund reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Aristotle Foundation Telly Savalas Memorial Fund is led by Penelope Johnson, President on the 2024 filing; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Penelope Johnson
President
New on the 2024 filing
No compensation reported
Theodore D. Savalas Boardman
Officer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Penelope Savalas Boardman (2019–2023) — President
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Aristotle Foundation Telly Savalas Memorial Fund
How much does Aristotle Foundation Telly Savalas Memorial Fund give each year?
Aristotle Foundation Telly Savalas Memorial Fund gave $13K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8K across 3 grants.
What is Aristotle Foundation Telly Savalas Memorial Fund's typical grant size?
Aristotle Foundation Telly Savalas Memorial Fund's median grant in 2024 was $100, and its average grant was $2,536, across 5 grants on its 2024 IRS Form 990-PF.
Where does Aristotle Foundation Telly Savalas Memorial Fund give grants?
Aristotle Foundation Telly Savalas Memorial Fund gives mostly in Illinois: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Evanston, IL (3 grants).
Does Aristotle Foundation Telly Savalas Memorial Fund give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Aristotle Foundation Telly Savalas Memorial Fund's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Advocacy" (3 grants).
Who are Aristotle Foundation Telly Savalas Memorial Fund's largest grantees?
Aristotle Foundation Telly Savalas Memorial Fund's largest 2024 grantees include The Cradle ($12,379 across 2 grants), Ithaca College ($100) and Learning Bridge Early Education Cen ($100), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Aristotle Foundation Telly Savalas Memorial Fund?
Aristotle Foundation Telly Savalas Memorial Fund reported $210K in total assets on its 2024 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is Aristotle Foundation Telly Savalas Memorial Fund's EIN?
Aristotle Foundation Telly Savalas Memorial Fund's EIN (Employer Identification Number) is 36-4099711. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Aristotle Foundation Telly Savalas Memorial Fund funds
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Cite this profile
Grantable. (2026). Aristotle Foundation Telly Savalas Memorial Fund funder profile. GrantGraph. Retrieved November 13, 2026, from https://grantable.co/funders/aristotle-foundation-telly-savalas-memorial-fund-morg_ff4dc019620242b8936191e048d65aa4
BibTeX
@misc{grantable_364099711_2026,
author = {{Grantable}},
title = {{Aristotle Foundation Telly Savalas Memorial Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/aristotle-foundation-telly-savalas-memorial-fund-morg_ff4dc019620242b8936191e048d65aa4},
note = {Accessed 2026-11-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Aristotle Foundation Telly Savalas Memorial Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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