Teeem Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.8M in total assets. In 2024, it awarded 10 grants totaling $518K. Net investment income was $2.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.8M
+82.2% YoY
Annual Giving
$518K
+64.8% YoY
Grant Count
10
-16.7% YoY
Avg Grant Size
$52K
+97.7% YoY
Under IRS private-foundation payout rules, Teeem Inc reported a distributable amount of $536K for 2024 — the minimum it must pay out in qualifying distributions.
About Teeem Inc
Based on IRS filings
Teeem Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.8M in total assets. In 2024, it awarded 10 grants totaling $518K. Net investment income was $2.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,843,761 | $8,696,449 | $70,000 |
| Revenue | $12,343,643 | $12,048,856 | $70,150 |
| Expenses | $940,078 | $378,702 | $150 |
| Qualifying Distributions | $842,521 | $314,103 | — |
| Net Investment Income | $2,326,718 | $1,814,853 | — |
| Distributable Amount | $536,268 | $140,216 | $3,448 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Teeem Inc ($130,000), The Denan Project ($77,135), George Badiel Foundation ($70,536).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF UN TEC MIAMI, FL | SUSTAINING CONTRIBUTION | $50,688 |
| AYITI COMMUNITY TRUST MIAMI, FL | SUSTAINING CONTRIBUTION | $346 |
| GEORGE BADIEL FOUNDATION NEW YORKN, NY | SUSTAINING CONTRIBUTION | $70,536 |
| GRACE PROJECT INC UNION, NJ | SUSTAINING CONTRIBUTION | $50,013 |
| NYAKA AIDS ORPHANS PROJECT EAST LANSING, MI | SUSTAINING CONTRIBUTION | $42,644 |
| ONE SPIRIT RAPID CITY, SD | SUSTAINING CONTRIBUTION | $42,086 |
| RIDGEWOOD CAMBODIA PROJECT RIDGEWOOD, NJ | SUSTAINING CONTRIBUTION | $14,519 |
| TEEEM INC NEW YORK, NY | SUSTAINING CONTRIBUTION | $130,000 |
| THE DENAN PROJECT WOODBURY, CT | SUSTAINING CONTRIBUTION | $77,135 |
| MISSION FOR UKRAINE FOUNDATIOM DOVER, DE | SUSTAINING CONTRIBUTION | $39,554 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JARRET SCHECTER | PRESIDENT | — | — |
| DARROW SCHECTER | SECRETARY | — | — |
| LARRY LEAF | DIRECTOR | — | — |
| GRACE BERTONE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Teeem Inc?
Teeem Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, NJ. It holds $15.8M in total assets as of 2024.
How large is Teeem Inc?
As of 2024, Teeem Inc holds $15.8M in total assets with $12.3M in annual revenue. It awarded 10 grants totaling $518K in 2024.
Where does Teeem Inc operate?
Teeem Inc has awarded grants in Connecticut, Delaware, Florida, Iowa, Maryland, Michigan, Minnesota, New Jersey, New York, South Dakota.
What size grants does Teeem Inc award?
In 2024, Teeem Inc awarded 10 grants totaling $518K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Teeem Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Teeem Inc reported a distributable amount of $536K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Teeem Inc's EIN?
Teeem Inc's EIN (Employer Identification Number) is 37-2002172. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Teeem Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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