Sharon & Joseph Tedesco Foundation Inc
Sharon & Joseph Tedesco Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALOS VERDES ESTATES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $630K in total assets. In 2024, it awarded 3 grants totaling $43K. Net investment income was $43K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$630K
+0.3% YoY
Annual Giving
$43K
+10.7% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$14K
-63.1% YoY
Under IRS private-foundation payout rules, Sharon & Joseph Tedesco Foundation Inc reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About Sharon & Joseph Tedesco Foundation Inc
Based on IRS filings
Sharon & Joseph Tedesco Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALOS VERDES ESTATES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $630K in total assets. In 2024, it awarded 3 grants totaling $43K. Net investment income was $43K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $630,454 | $628,759 | $624,414 |
| Revenue | $58,084 | $58,731 | $31,986 |
| Expenses | $56,389 | $54,386 | $58,168 |
| Qualifying Distributions | $42,991 | $38,852 | $51,937 |
| Net Investment Income | $43,316 | $39,540 | $25,755 |
| Distributable Amount | $42,602 | $39,757 | $43,602 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include USC Norris Cancer Center ($21,000), USC Davis School - Innovation Fund ($12,000), USC Davis School- Gerentology ($9,991).
| Recipient | Purpose | Amount |
|---|---|---|
| USC Davis School - Innovation Fund Los Angeles, CA | Support of Educational Activities | $12,000 |
| USC Davis School- Gerentology Los Angeles, CA | Support of Educational Activities | $9,991 |
| USC Norris Cancer Center Los Angeles, CA | Support of Educational Activities | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joseph M Tedesco | Director | — | — |
| Tiffany Baumann | CFO & Director | — | — |
| Christina Tedesco | Sec & Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sharon & Joseph Tedesco Foundation Inc?
Sharon & Joseph Tedesco Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALOS VERDES ESTATES, CA. It holds $630K in total assets as of 2024.
How large is Sharon & Joseph Tedesco Foundation Inc?
As of 2024, Sharon & Joseph Tedesco Foundation Inc holds $630K in total assets with $58K in annual revenue. It awarded 3 grants totaling $43K in 2024.
Where does Sharon & Joseph Tedesco Foundation Inc operate?
Sharon & Joseph Tedesco Foundation Inc has awarded grants in California, Maryland, New York.
What size grants does Sharon & Joseph Tedesco Foundation Inc award?
In 2024, Sharon & Joseph Tedesco Foundation Inc awarded 3 grants totaling $43K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Sharon & Joseph Tedesco Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sharon & Joseph Tedesco Foundation Inc reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sharon & Joseph Tedesco Foundation Inc's EIN?
Sharon & Joseph Tedesco Foundation Inc's EIN (Employer Identification Number) is 33-0757729. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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