Hazel M Teegarden Foundation Inc

Private foundation · Grantmaker Seymour, IN EIN: 35-1888137
HealthDiseases and conditionsCommunity and economic developmentSports and recreation

Hazel M Teegarden Foundation Inc is a private foundation focused on Health, based in Seymour, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 4 grants totaling $69K. Net investment income was $137K.

Hazel M Teegarden Foundation Inc at a glance

In short: Hazel M Teegarden Foundation Inc gave $69K across 4 grants in 2025 (avg $17K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$68,900
+5.5% vs 2024
Grants made (2025)
4
-33.3% vs 2024
Average grant
$17,225
+58.3% vs 2024
Median grant
$8,200
Total assets
$1,098,730
+6.1% vs 2024
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Hazel M Teegarden Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Iu Foundation: $50KIu Foundation$50KThe Salvation Army: $11KThe Salvation Army$11KGood Shepherd Radio Inc: $5KGood Shepherd Radio Inc$5KReins to Recovery: $3KReins to Recovery$3K

The largest 2025 recipient was Iu Foundation ($50K). Together the top 4 received $69K.

Grant Size Distribution

22 grants across all recorded years

17<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 22 (77%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

ColumbusBloomingtonIndianapolisSeymour

How Hazel M Teegarden Foundation Inc gives

  • Giving grew 24% from 2022 to 2025. Method
  • In 2025 it paid out 117% 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

$0$20K$40K$60K$80K11 grants2019 7 grants2020 5 grants2021 3 grants2022 4 grants2023 6 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $32K (2019) to $69K (2025). In 2025 it made 4 grants totaling $69K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Iu Foundation Bloomington, INUnrestricted$50,000
The Salvation Army Columbus, INUnrestricted$11,400
Good Shepherd Radio Inc Columbus, INUnrestricted$5,000
Reins to Recovery Seymour, INUnrestricted$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,098,730$151,875$88,251$68,9004$71,000$136,940$60,880
2024$1,035,106$54,550$84,296$65,2926$67,392$39,951$62,176
2023$1,064,852$29,804$74,475$56,6004$58,700$16,279$62,496
2022$1,111,956$144,685$72,489$55,5003$59,666$131,862$59,950
2021$1,042,090$109,887$79,899$60,7005$65,720$95,708$63,854
2020$1,012,098$41,564$83,040$67,0007—$28,477$60,767
2019$1,052,424$48,562$52,439$32,10011—$32,502$57,158

Under IRS private-foundation payout rules, Hazel M Teegarden Foundation Inc reported a distributable amount of $61K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Hazel M Teegarden Foundation Inc is led by Tom B. Wetherald, President & Director on every filing since 2019; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Tom B. Wetherald

    President & Director

    On filings since 2019

    2 hrs/week

    $700 (2019) → $700 (2025)

  • Jackson County Bank

    Trustee

    On filings since 2020

    2 hrs/week

    $9K (2020) → $15K (2025)

  • Tasha Rickers

    Secretary & Treasurer

    On filings since 2021

    2 hrs/week

    $700 (2021) → $700 (2025)

Former officers (2)
  • Former: Bill Helmbrecht (2019–2020) — Secretary & Treasurer
  • Former: First Financial Bank (2019–2020) — Former Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jackson County Bank — Trustee: $15KJackson County BankTrustee$15KTom R Wetherald — President: $700Tom R WetheraldPresident$700Tasha Rickers — Secretary / Treasurer: $700Tasha RickersSecretary / Treasurer$700Tom B Wetherald — Director: $700Tom B WetheraldDirector$700

The highest reported compensation on the 2025 filing was $15K, to Jackson County Bank (Trustee). 4 officers or directors reported compensation on that filing.

Frequently asked questions about Hazel M Teegarden Foundation Inc

How much does Hazel M Teegarden Foundation Inc give each year?

Hazel M Teegarden Foundation Inc gave $69K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $65K across 6 grants.

What is Hazel M Teegarden Foundation Inc's typical grant size?

Hazel M Teegarden Foundation Inc's median grant in 2025 was $8,200, and its average grant was $17,225, across 4 grants on its 2025 IRS Form 990-PF.

Where does Hazel M Teegarden Foundation Inc give grants?

Hazel M Teegarden Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Columbus, IN (2 grants).

Does Hazel M Teegarden Foundation Inc give general operating support?

Yes: 100% of Hazel M Teegarden Foundation Inc's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Hazel M Teegarden Foundation Inc?

Hazel M Teegarden Foundation Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets).

What is Hazel M Teegarden Foundation Inc?

Hazel M Teegarden Foundation Inc is a private foundation focused on Health, based in Seymour, IN. It holds $1.1M in total assets as of 2025.

What is Hazel M Teegarden Foundation Inc's EIN?

Hazel M Teegarden Foundation Inc's EIN (Employer Identification Number) is 35-1888137. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 25, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hazel M Teegarden Foundation Inc'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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