Terkeurst Foundation
Terkeurst Foundation is a private foundation, based in Ponte Vedra Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $969K in total assets. In 2024, it awarded 1 grant totaling $173K. Net investment income was $203K.
Terkeurst Foundation at a glance
In short: Terkeurst Foundation gave $173K across 1 grant in 2024 (avg $173K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $172,725
- +72.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $172,725
- +72.7% vs 2023
- Median grant
- $172,725
- Total assets
- $969,043
- -4.7% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Terkeurst Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Haven Place Ministries Inc ($173K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Terkeurst Foundation gives
- Giving fell 77% from 2021 to 2024. Method
- In 2024 it paid out 494% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $100K (2023) to $768K (2021). In 2024 it made 1 grant totaling $173K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Haven Place Ministries Inc Weddington, NC | Charitable | $172,725 |
Ready to take the next step with Terkeurst Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $969,043 | $230,446 | $269,746 | $172,725 | 1 | $238,111 | $202,908 | $48,247 |
| 2023 | $1,016,912 | $139,660 | $160,072 | $100,000 | 1 | $118,687 | $98,132 | $6,368 |
| 2022 | $1,030,779 | $247,469 | $220,763 | — | — | $202,450 | $129,316 | $6,079 |
| 2021 | $1,003,862 | $418,685 | $1,014,835 | $767,500 | 5 | $966,644 | $125,859 | $28,007 |
| 2020 | $1,638,032 | $523,410 | $576,129 | $349,653 | 1 | — | $229,956 | $32,337 |
Under IRS private-foundation payout rules, Terkeurst Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Terkeurst Foundation is led by Lysa Terkeurst, President & Trustee on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Lysa Terkeurst
President & Trustee
On filings since 2020
5 hrs/week
$126K (2020) → $0 (2024)
Michael Houser
Trustee
On filings since 2020
2 hrs/week
$45K (2024)
Hope Terkeurst
Trustee
On filings since 2020
2 hrs/week
No compensation reported
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 $45K, to Michael Houser (Trustee).
Frequently asked questions about Terkeurst Foundation
How much does Terkeurst Foundation give each year?
Terkeurst Foundation gave $173K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $100K across 1 grant.
How large is Terkeurst Foundation?
Terkeurst Foundation reported $969K in total assets on its 2024 IRS Form 990-PF. It paid out $238K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).
Where does Terkeurst Foundation operate?
Terkeurst Foundation has awarded grants in Montana, North Carolina, South Carolina.
What is Terkeurst Foundation's EIN?
Terkeurst Foundation's EIN (Employer Identification Number) is 46-6425149. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Terkeurst Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
T&K Todd Family Foundation Inc
Monroe, NC
The foundation supports general purposes, education, and missions, with most 2024 funding going to North Carolina organizations and additional grants in several other states. Grants ranged from $425 to $14,259, with a median of $1,000. It accepts written requests to Teryl and Kathryn Todd and does not limit giving to preselected organizations.
Assets
$196K
Grants
17
Total Given
$47K
William and Betty Mullis Tua Fnd Tr
New York, NY
Assets
$26.9M
Grants
5
Total Given
$1.5M
G Gregory Smith Family Foundation Inc
Greensboro, NC
Assets
$3.5M
Grants
9
Total Given
$347K
Arnold Foundation
Wilkes-Barre, PA
The Arnold Foundation funds community welfare, scholarships, and charitable organizations, including human services, housing, animal welfare, and health causes. Its 2025 grants ranged from $2,000 to $7,000, with a median of $4,000; it gave across several states and prefers Luzerne County residents when funds allow. Applications are accepted at any time, and any charitable organization is eligible.
Assets
$583K
Grants
12
Total Given
$48K
James C & Charlotte B Ferebee Family
Charlotte, NC
The James C & Charlotte B Ferebee Family supports charitable organizations working in areas such as homelessness, children’s needs, health care, education, and food assistance. Its 2025 grants ranged from $500 to $25,000, with a median of $3,500, and went mainly to organizations in North Carolina, with some funding in Tennessee, New York, and California. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.3M
Grants
12
Total Given
$66K
Alexander Worth McAlister Foundation
Dallas, TX
The Alexander Worth McAlister Foundation supports program work in areas including children and families, crisis assistance, dance, and environmental conservation, with all reported 2025 grants going to North Carolina recipients. Its 2025 grants ranged from $5,000 to $10,000, with a median of $10,000; the filing says applications should be requested from the listed address and does not specify a deadline.
Assets
$1.9M
Grants
13
Total Given
$115K
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Terkeurst Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Terkeurst Foundation down — hundreds of funders to go?