TEB Foundation Inc

Private foundation · Grantmaker Tulsa, OK EIN: 46-5152946

TEB Foundation Inc is a private foundation, based in Tulsa, OK. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 8 grants totaling $185K. Net investment income was $202K.

TEB Foundation Inc at a glance

In short: TEB Foundation Inc gave $185K across 8 grants in 2024 (avg $23K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$185,000
-11.9% vs 2023
Grants made (2024)
8
+0.0% vs 2023
Average grant
$23,125
-11.9% vs 2023
Median grant
$20,000
Total assets
$4,314,626
-1.1% vs 2023
Primary geography
Texas (81% 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 TEB Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Dallas 24 Hour Club: $50KDallas 24 Hour Club$50KChamberlain Ballet: $30KChamberlain Ballet$30KDell Medical - University of Texas Foundation: $30KDell Medical - University ofTexas Foundation$30KParfums De Vie: $25KParfums De Vie$25KTRAFFICK911: $15KTRAFFICK911$15KBaylor Scott & White Foundation: $15KBaylor Scott & WhiteFoundation$15KPaths to Independence: $10KPaths to Independence$10KBridges to Life: $10KBridges to Life$10K

The largest 2024 recipient was Dallas 24 Hour Club ($50K). Together the top 8 received $185K.

Grant Size Distribution

51 grants across all recorded years

48<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 48 grants of 51 (94%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

DallasTulsaPlanoAddisonArlingtonAustinBartlesvilleCity of IndustryCorinthCoronaCross RoadsFort WorthIrvingLewisvilleOklahoma CityRichardson

How TEB Foundation Inc gives

  • Giving grew 23% from 2021 to 2024. Method
  • In 2024 it paid out 102% 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$100K$200K$300K11 grants2019 11 grants2020 11 grants2021 13 grants2022 8 grants2023 8 grants2024

From 2019 to 2024, annual grant giving ranged from $150K (2021) to $210K (2023). In 2024 it made 8 grants totaling $185K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Dallas 24 Hour Club Dallas, TXGym and Fitness Area$50,000
Chamberlain Ballet Plano, TXBallet Tickets for Performance$30,000
Dell Medical - University of Texas Foundation Austin, TXBipolar Disorder Center-Peer Support$30,000
Parfums De Vie City of Industry, CAGeneral Financial Support$25,000
TRAFFICK911 Addison, TXSupport for Direct Victim Services$15,000
Baylor Scott & White Foundation Irving, TXWell Women Family Program$15,000
Paths to Independence Bartlesville, OKPlayground Equipment for Students$10,000
Bridges to Life Arlington, TXJustice Program for Incarcerated$10,000
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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
2024$4,314,626$235,763$282,267$185,0008$253,794$201,729$249,330
2023$4,361,130$194,805$310,006$210,0008$275,099$159,867$228,415
2022$4,476,331$94,554$266,165$176,00013$238,981$202,228$229,381
2021$4,647,942$589,601$251,898$150,00011$225,049$562,752$261,083
2020$4,310,239$136,629$256,966$169,00011—$248,832$221,424
2019$4,430,576$204,093$253,775$166,00011—$177,262$229,426

Under IRS private-foundation payout rules, TEB Foundation Inc reported a distributable amount of $249K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

TEB Foundation Inc's 2024 filing lists 3 officers; all 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Kelly F. Monaghan

    Director

    On filings since 2019

    4 hrs/week

    $12K (2019) → $12K (2024)

  • Laura Bentley Kellogg

    Director

    On filings since 2019

    4 hrs/week

    $12K (2019) → $12K (2024)

  • Terry Bentley Hill

    Director

    On filings since 2019

    4 hrs/week

    $12K (2019) → $12K (2024)

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.

Compensation Overview

From 2024 IRS filing

Kelly F Monaghan — Director: $12KKelly F MonaghanDirector$12KTerry Bentley Hill — Director: $12KTerry Bentley HillDirector$12KLaura Bentley Kellogg — Director: $12KLaura Bentley KelloggDirector$12K

The highest reported compensation on the 2024 filing was $12K, to Kelly F Monaghan (Director). 3 officers or directors reported compensation on that filing.

Frequently asked questions about TEB Foundation Inc

How much does TEB Foundation Inc give each year?

TEB Foundation Inc gave $185K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $210K across 8 grants.

What is TEB Foundation Inc's typical grant size?

TEB Foundation Inc's median grant in 2024 was $20,000, and its average grant was $23,125, across 8 grants on its 2024 IRS Form 990-PF.

Where does TEB Foundation Inc give grants?

TEB Foundation Inc gives mostly in Texas: 81% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (14%) and Oklahoma (5%).

Does TEB Foundation Inc give general operating support?

Yes: 13% of TEB Foundation Inc's 2024 grants with a stated purpose (1 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are TEB Foundation Inc's largest grantees?

TEB Foundation Inc's largest 2024 grantees include Dallas 24 Hour Club ($50,000), Chamberlain Ballet ($30,000) and Dell Medical - University of Texas Foundation ($30,000), according to its 2024 IRS Form 990-PF. Together they received 59% of its itemized 2024 grant dollars.

How large is TEB Foundation Inc?

TEB Foundation Inc reported $4.3M in total assets on its 2024 IRS Form 990-PF. It paid out $254K in qualifying distributions that year, against a required minimum of $249K (roughly 5% of its investment assets).

What is TEB Foundation Inc's EIN?

TEB Foundation Inc's EIN (Employer Identification Number) is 46-5152946. 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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 12, 2022)
  4. Added Form 990-PF for fiscal year 2022 (received by the IRS July 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 22, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
  7. 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 TEB 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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