Teerlink Family Foundation Ltd

Private foundation · Grantmaker Elm Grove, WI EIN: 39-1745090

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

1state

States

Cities

MilwaukeeRiver Hills

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2019 1 grant2020 0 grants2021 0 grants2022 1 grant2023 0 grants2024 0 grants2025

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

<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

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

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 26, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 10, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 22, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 19, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS July 20, 2026)
  8. 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.

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