Teeem Inc

Foundation · Grantmaker NEW YORK, NY EIN: 26-0255583

Teeem Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 17 grants totaling $13K.

Key facts about Teeem Inc

EIN
26-0255583
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$12,594
Grants made (2024)
17
Average grant
$741
Median grant
$500
Total assets
$100,292
Primary geography
New Jersey (67% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Teeem Inc funds

By grant dollars, the top recipient states for Teeem Inc's 17 itemized 2024 grants were New Jersey (67%), South Dakota (24%) and New York (6%). The most frequent recipient cities were Waldwick, NJ (3 grants), Flanders, NJ (2 grants) and Fairfield, NJ (2 grants). None of its 17 grants with a stated purpose were described as general or operating support. Recurring purposes include "Develop School - Foreign Poverty Relief Programs" (7 grants) and "Scholarship" (6 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$100K

+1291.0% YoY

Annual Giving

$13K

-38.7% YoY

Grant Count

17

+21.4% YoY

Avg Grant Size

$740.824

-49.5% YoY

Under IRS private-foundation payout rules, Teeem Inc reported a distributable amount of $2K 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 NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 17 grants totaling $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 17 itemized 2024 grant dollars.

Cities

New YorkRidgewoodEast LansingRapid CityUnionWaldwickWoodburyFairfieldFlandersMillburnNew MilfordAllendaleCliffside ParkEmersonHobokenLodiMahwahMiamiMontclairMontvale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$224K$447K$671K$895K20202021202220232024
Metric202420232022
Total Assets$100,292$7,210$15,321
Revenue$813,471$256,675$28,663
Expenses$720,389$264,786$268,708
Qualifying Distributions$649,609$240,361$305,920
Net Investment Income———
Distributable Amount$1,999$930$4,605

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$61K$92K$122K8 grants20205 grants20219 grants202214 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

One Spirit$3KNew Milford High School …$2KMontclair High School$920Millburn High School Stu…$825Nyrr$722Ridgewood High School$650Caroline Herman$500Ellie Kilgollen$500Isabella Kolbusz$500Jennifer Hernandez$500

Grant Size Distribution

53 grants across all recorded years

53<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include One Spirit ($3,085), New Milford High School Student Activity Fund ($2,050), Montclair High School ($920).

RecipientPurposeAmount
ONE SPIRIT RAPID CITY, SDSUSTAINING CONTRIBUTION$3,085
NEW MILFORD HIGH SCHOOL STUDENT ACTIVITY FUND NEW MILFORD, NJACADEMIC/EDUCATION$2,050
MONTCLAIR HIGH SCHOOL MONTCLAIR, NJDEVELOP SCHOOL - FOREIGN POVERTY RELIEF PROGRAMS$920
MILLBURN HIGH SCHOOL STUDENT ACTIVITIES MILLBURN, NJIMPROVE PUBLIC EDUCATION FOR STUDENTS$825
NYRR NEW YORK, NYTRANSFORM HEALTH AND WELL-BEING FOR COMMUNITIES$722
RIDGEWOOD HIGH SCHOOL RIDGEWOOD, NJDEVELOP SCHOOL - FOREIGN POVERTY RELIEF PROGRAMS$650
CAROLINE HERMAN FLANDERS, NJSCHOLARSHIP$500
ELLIE KILGOLLEN WALDWICK, NJSCHOLARSHIP$500
ISABELLA KOLBUSZ FLANDERS, NJSCHOLARSHIP$500
JENNIFER HERNANDEZ FAIRFIELD, NJSCHOLARSHIP$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JARRET SCHECTERPRESIDENT——
MARVIN SCHECTERTREASURER——
DARROW SCHECTERVP/SECRETARY——

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 NEW YORK, NY. It holds $100K in total assets as of 2024.

How large is Teeem Inc?

As of 2024, Teeem Inc holds $100K in total assets with $813K in annual revenue. It awarded 17 grants totaling $13K in 2024.

Where does Teeem Inc operate?

Teeem Inc has awarded grants in Connecticut, Florida, Idaho, Maryland, Michigan, New Jersey, New York, South Dakota.

What size grants does Teeem Inc award?

In 2024, Teeem Inc awarded 17 grants totaling $13K — an average of about $740.824 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 $2K 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 26-0255583. 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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