Terelina Foundation

Private foundation · Grantmaker St Pete Beach, FL EIN: 81-4790846

Terelina Foundation is a private foundation, based in St Pete Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63K in total assets. In 2024, it awarded 1 grant totaling $4K. Net investment income was $9K.

Key facts about Terelina Foundation

In short: Terelina Foundation gave $4K across 1 grant in 2024 (avg $4K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
81-4790846
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,000
Grants made (2024)
1
Average grant
$4,000
Median grant
$4,000
Total assets
$63,228
Primary geography
Florida (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$63K

+9.0% YoY

Annual Giving

$4K

+300.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$4K

+300.0% YoY

Under IRS private-foundation payout rules, Terelina Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

How Terelina Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−9%). Method
  • In 2024 it paid out 144% of its IRS minimum distribution (the 5% rule). 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

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

St Petersburg

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K1 grant2020 1 grant2021 0 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1K (2023) to $4K (2021). In 2024 it made 1 grant totaling $4K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Society of St Vincent de Paul: $4KSociety of St Vincent de Paul$4K

The largest 2024 recipient was Society of St Vincent de Paul ($4K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Society of St Vincent de Paul St Petersburg, FLCharitable$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$63,228$57,992$57,619
Revenue$9,296$1,462$1,437
Expenses$4,060$1,089$149
Qualifying Distributions$4,000$1,000—
Net Investment Income$9,256$1,392$1,352
Distributable Amount$2,777$2,433$2,380

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Terelina Foundation is led by Terence E O'Malley, Executive Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Terence E O'Malley

    Executive Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Erin E O'Malley

    Director

    On filings since 2020

    No compensation reported

  • Evelyn B O'Malley

    Director

    On filings since 2020

    No compensation reported

  • Everett T O'Malley

    Director

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Rosemarie McMullen (2020) — Director

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.

Frequently asked questions about Terelina Foundation

How much does Terelina Foundation give each year?

Terelina Foundation gave $4K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.

How large is Terelina Foundation?

Terelina Foundation reported $63K in total assets on its 2024 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

Where does Terelina Foundation operate?

Terelina Foundation has awarded grants in Florida.

What is Terelina Foundation's EIN?

Terelina Foundation's EIN (Employer Identification Number) is 81-4790846. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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