Telemachus and Irene Demoulas Family
The Telemachus and Irene Demoulas Family is a private foundation based in Chelmsford, Massachusetts. In 2024, it made grants to Massachusetts hospitals, schools, youth organizations, and churches.
Key facts about Telemachus and Irene Demoulas Family
In short: Telemachus and Irene Demoulas Family gave $7.9M across 11 grants in 2024 (avg $719K), mostly in Massachusetts. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 04-3582759
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $7,912,500
- Grants made (2024)
- 11
- Average grant
- $719,318
- Median grant
- $200,000
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2024; small sample)
- Total assets
- $201,182,486
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- How to apply
- Submit a letter request that includes the need for the contribution. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$201.2M
+0.2% YoY
Annual Giving
$7.9M
+158.4% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$719K
+158.4% YoY
Under IRS private-foundation payout rules, Telemachus and Irene Demoulas Family reported a distributable amount of $4.1M for 2024 — the minimum it must pay out in qualifying distributions.
Is Telemachus and Irene Demoulas Family open to new grantees?
27%
first-time grantees, 2024
In 2024, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $192K; repeat grants $917K. How we count
Medians: $250K first-time, $150K repeat.
- 55% of 2024 grantees were also funded in 2023. Method
- Giving grew 81% from 2021 to 2024. Method
- In 2024 it paid out 196% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for health and hospital organizations, schools, youth groups, and churches. Middlesex School describes its mission as helping students find their promise through rigorous intellectual, physical, creative, and ethical education, while valuing integrity, kindness, inclusivity, excellence, and service. Boys & Girls Club of Greater Lowell says it aims to inspire and enable young people, especially those who need it most, to realize their potential as productive, responsible, and caring citizens.
Grantmaking
In 2024, the foundation made 11 grants totaling $7,912,500. Grant amounts ranged from $25,000 to $6,350,000, with a median of $200,000. The largest awards included $6,350,000 to Massachusetts General Hospital, $337,500 to Boston College, $300,000 to Boston Children’s Hospital, and $250,000 each to Winchester Hospital and Middlesex School. Other recipients included Boys & Girls Club of Greater Lowell ($200,000), Holy Trinity Greek Orthodox Church ($100,000), Boys & Girls Club of Greater Lawrence ($50,000), and four organizations that received $25,000 each.
How to Apply
Submit a letter request that includes the need for the contribution. The foundation lists no deadline and no restrictions on awards.
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Geographic Focus
Where this funder awards grants
All 2024 grant dollars went to recipients in Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.1M (2023) to $7.9M (2024). In 2024 it made 11 grants totaling $7.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Massachusetts General Hospital ($6.3M). Together the top 10 received $7.9M.
Grant Size Distribution
69 grants across all recorded years
The most common grant size was in the $50–100K range: 28 grants of 69 (41%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts General Hospital Boston, MA | Health & Hospitals | $6,350,000 |
| Boston College Chestnut Hill, MA | Schools | $337,500 |
| Boston Children's Hospital Boston, MA | Health & Hospitals | $300,000 |
| Winchester Hospital Winchester, MA | Health & Hospitals | $250,000 |
| Middlesex School Concord, MA | Schools | $250,000 |
| Boys & Girls Club of Greater Lowell Lowell, MA | Youth Groups | $200,000 |
| Holy Trinity Greek Orthodox Church Lowell, MA | Churches | $100,000 |
| Boys & Girls Club of Greater Lawrence Lawrence, MA | Youth Groups | $50,000 |
| Sts Constantine and Helen Greek Orthodox Church Andover, MA | Churches | $25,000 |
| Anatolia College Boston, MA | Schools | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $201,182,486 | $6,515,931 | $8,336,419 | $7,912,500 |
| 2023 | $200,814,022 | $4,425,302 | $3,460,040 | $3,062,500 |
| 2022 | $195,466,990 | $4,530,408 | $5,377,885 | $5,027,413 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $201,182,486 | $200,814,022 | $195,466,990 |
| Revenue | $6,515,931 | $4,425,302 | $4,530,408 |
| Expenses | $8,336,419 | $3,460,040 | $5,377,885 |
| Qualifying Distributions | $7,968,250 | $3,100,750 | $5,070,667 |
| Net Investment Income | $6,218,102 | $4,123,512 | $4,278,610 |
| Distributable Amount | $4,070,460 | $3,764,345 | $2,383,286 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Arthur T Demoulas, Frances I Demoulas, Glorianne Demoulas, and Caren L Demoulas as trustees, and Susan M Dufresne as administrator.
Telemachus and Irene Demoulas Family's 2024 filing lists 5 officers; 1 of 5 officers listed in 2024 is compensated.
Officers on the 2024 filing
Arthur T. Demoulas
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Caren L. Demoulas
Trustee
On filings since 2021
No compensation reported
Frances I. Demoulas
Trustee
On filings since 2021
No compensation reported
Glorianne Demoulas
Trustee
On filings since 2021
1 hr/week
No compensation reported
Susan M. Dufresne
Administrator
On filings since 2020
6 hrs/week
$25K (2020) → $38K (2024)
Former officers (2)
- Former: D. Harold Sullivan (2020) — Trustee
- Former: Irene Demoulas (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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
The highest reported compensation on the 2024 filing was $38K, to Susan M Dufresne (Administrator).
Contact
Application contact: Arthur T Demoulas Telemachus Irene
Mailing address: 286 Chelmsford Street, Chelmsford, MA 01824
Phone: (978) 244-1024
Frequently asked questions about Telemachus and Irene Demoulas Family
How much does Telemachus and Irene Demoulas Family give each year?
Telemachus and Irene Demoulas Family gave $7.9M across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.1M across 11 grants.
What is Telemachus and Irene Demoulas Family's typical grant size?
Telemachus and Irene Demoulas Family's median grant in 2024 was $200,000, and its average grant was $719,318, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Telemachus and Irene Demoulas Family that year got $192K on average.
Where does Telemachus and Irene Demoulas Family give grants?
Telemachus and Irene Demoulas Family gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (3 grants) and Lowell, MA (2 grants).
Does Telemachus and Irene Demoulas Family give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Telemachus and Irene Demoulas Family's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Schools" (4 grants) and "Health & Hospitals" (3 grants).
Who are Telemachus and Irene Demoulas Family's largest grantees?
Telemachus and Irene Demoulas Family's largest 2024 grantees include Massachusetts General Hospital ($6,350,000), Boston College ($337,500) and Boston Children's Hospital ($300,000), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is Telemachus and Irene Demoulas Family?
Telemachus and Irene Demoulas Family reported $201.2M in total assets on its 2024 IRS Form 990-PF. It paid out $8.0M in qualifying distributions that year, against a required minimum of $4.1M (roughly 5% of its investment assets).
What does Telemachus and Irene Demoulas Family fund?
No mission statement for the foundation is provided. Its 2024 grants included support for health and hospital organizations, schools, youth groups, and churches. See mission & focus areas ↑
How do I apply for a grant from Telemachus and Irene Demoulas Family?
Submit a letter request that includes the need for the contribution. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Telemachus and Irene Demoulas Family's EIN?
Telemachus and Irene Demoulas Family's EIN (Employer Identification Number) is 04-3582759. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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