Teerlink Family Foundation Ltd
Teerlink Family Foundation Ltd is a private foundation, based in Elm Grove, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $868K in total assets. Net investment income was $40K.
Key facts about Teerlink Family Foundation Ltd
- EIN
- 39-1745090
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $868,405
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$868K
+4.6% YoY
Revenue
$48K
-19.4% YoY
Net Investment Income
$40K
-23.8% YoY
Expenses
$9K
+13.1% YoY
Under IRS private-foundation payout rules, Teerlink Family Foundation Ltd reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.
How Teerlink Family Foundation Ltd gives
- Giving grew 900% from 2020 to 2023. Method
- In 2024 it paid out 4% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $50K (2020) to $500K (2023). In 2023 it made 1 grant totaling $500K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $500K–1M range: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $868,405 | $830,302 | $769,179 |
| Revenue | $47,778 | $59,259 | $26,608 |
| Expenses | $9,181 | $8,119 | $508,094 |
| Qualifying Distributions | — | $1,492 | $501,596 |
| Net Investment Income | $40,087 | $52,632 | $20,110 |
| Distributable Amount | $47,942 | $42,479 | $50,307 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 26, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 20, 2026)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
Teerlink Family Foundation Ltd is led by Anna L Teerlink, President since 2022 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anna L Teerlink
President
Vice President & Secretary → Vice President, 2020
Vice President → President, 2022
On filings since 2019
No compensation reported
Victoria L Teerlink
Vice President
On filings since 2022
No compensation reported
Former officers (2)
- Former: Joan Klimpel (2019–2021) — Director
- Former: Richard F. Teerlink (2019–2021) — President
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.
Frequently asked questions about Teerlink Family Foundation Ltd
How large is Teerlink Family Foundation Ltd?
Teerlink Family Foundation Ltd reported $868K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $48K.
Where does Teerlink Family Foundation Ltd operate?
Teerlink Family Foundation Ltd has awarded grants in Wisconsin.
How much is Teerlink Family Foundation Ltd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Teerlink Family Foundation Ltd reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Teerlink Family Foundation Ltd's EIN?
Teerlink Family Foundation Ltd's EIN (Employer Identification Number) is 39-1745090. 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.
Here's the math on researching Teerlink Family Foundation Ltd by hand.
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