The Teagle Foundation is a 501(c)(3) philanthropic organization based in New York City, located at 570 Lexington Avenue, 38th Floor. Established in 1944 by Walter C. Teagle, former president and chairman of Standard Oil Company (New Jersey), now Exxon Mobil Corporation, the foundation operates as a national funder dedicated to strengthening liberal arts education in higher education institutions across the United States.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$169.9M
+2.7% YoY
Annual Giving
$8.6M
-7.4% YoY
Grant Count
138
-16.9% YoY
Avg Grant Size
$62K
+11.4% YoY
Under IRS private-foundation payout rules, The Teagle Foundation reported a distributable amount of $7.4M for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Teagle Foundation works to support and strengthen liberal arts education, which it views as fundamental to meaningful work, effective citizenship, and a fulfilling life. The foundation aims to serve as a catalyst for the improvement of teaching and learning in the arts and sciences while addressing issues of financial sustainability and accountability in higher education.
The foundation believes that all students, regardless of major, should have an opportunity to experience the liberal arts. Liberal education, as defined by the foundation, entails engagement with the most challenging ideas of past and present, fosters humility, curiosity, empathy, and concern for others, and helps young people shape lives of meaning, purpose, and informed participation in the democratic process.
Primary Focus Areas:
- Interdisciplinary learning initiatives
- Faculty development
- Undergraduate student learning in the arts and sciences
- Financial sustainability in higher education
- Access to liberal arts education for underserved populations
Grantmaking
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation funds projects nationwide across the United States, including major cities such as New York, Los Angeles, and Chicago, as well as smaller towns and communities throughout the country.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $157.5 - $158 million (as of 2023)
Annual Revenue: $5.26 - $5.3 million (2023)
Annual Expenses: $11.6 - $11.7 million (2023)
Total Liabilities: $6.06 million (2023)
Tax Status: Tax-exempt since November 2004; designated as a 501(c)(3); required to file Form 990-PF
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $169,874,160 | $165,384,050 | $157,504,856 |
| Revenue | $30,180,836 | $18,338,718 | $5,255,845 |
| Expenses | $13,137,282 | $14,912,329 | $11,566,716 |
| Qualifying Distributions | $11,335,460 | $11,741,467 | $9,196,015 |
| Net Investment Income | $25,930,663 | $14,884,794 | $1,685,506 |
| Distributable Amount | $7,412,132 | $7,573,732 | $7,537,837 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
250 grants across all recorded years
Open Grants
5 open opportunities from The Teagle Foundation
Cornerstone: Learning for Living- Implementation Grants
THE TEAGLE FOUNDATION
Amount
Up to US $350,000
Deadline
Rolling / Open
Cornerstone: Learning for Living- Planning Grants
THE TEAGLE FOUNDATION
Amount
Up to US $25,000
Deadline
Rolling / Open
Teagle Foundation: Knowledge for Freedom Grant
THE TEAGLE FOUNDATION
Amount
US $10,000 - US $300,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Bard College ($1,000,000), California Maritime Academy FDN Inc ($245,000), Augustana College ($130,260).
| Recipient | Purpose | Amount |
|---|---|---|
| Alpha-1 Foundation Coral Gables, FL | General Support | $750 |
| American Association of Colleges & Universities Washington, DC | Cornerstone: Learning for Living initiative | $65,000 |
| American Historical Association Pittsburgh, PA | General Support | $6,000 |
| Americans for Oxford New York, NY | General Support | $15,000 |
| Anne Arundel Community College FDN Arnold, MD | Cornerstone: Learning for Living initiative | $80,000 |
| Arthritis Foundation Atlanta, GA | General Support | $1,606 |
| Association for Core Texts and Courses Macon, GA | General Support | $3,500 |
| Association for Core Texts and Courses Macon, GA | General Support | $2,000 |
| Augustana College Rock Island, IL | Cornerstone: Learning for Living initiative | $130,260 |
| Bard College AnnandaleonHudson, NY | Endowment Gift | $1,000,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Chair: Elizabeth S. Boylan
- President: Andrew Delbanco
- CFO/Treasurer/Secretary: Ann-Marie Buckley
- Staff: Approximately 6 employees
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY BROWN | DIRECTOR | 1 | — |
| ELIZABETH S BOYLAN | CHAIR | 1 | — |
| ANN-MARIE BUCKLEY | CFO/TREASURER/SECRETARY | 40 | $275,500 |
| ANDREW DELBANCO | PRESIDENT | 40 | $413,000 |
| W SCOTT ESSEX | DIRECTOR | 1 | — |
| ERIC O FORNELL | DIRECTOR | 1 | — |
| MARY DANA HINTON | DIRECTOR | 1 | — |
| ROOSEVELT MONTAS | DIRECTOR | 1 | — |
| KEVIN W MURPHY | DIRECTOR | 1 | — |
| ELSA M NUNEZ | DIRECTOR | 1 | — |
| GRANT A PORTER | DIRECTOR | 1 | — |
| BRIAN ROSENBERG | DIRECTOR | 1 | — |
| SASKIA LEVY THOMPSON | DIRECTOR | 1 | — |
| SHERYL HILLIARD TUCKER | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
Recent grant announcements include:
Ursuline College received a $25,000 grant to expand Rust Belt Humanities work
Teagle Foundation Awards Ursuline College $25,000 Grant to Expand Rust BeltRose State College received a planning grant from the foundation
Teagle Foundation Awards Ursuline College $25,000 Grant to Expand Rust BeltThe University of Nevada, Reno's Core Humanities Program received a $50,000 recognition grant
Teagle Foundation awards $50000 to Core Humanities Program.The foundation announced nearly $4 million in new grants for liberal arts education initiatives
The Teagle Foundation - The Teagle Foundation Announces Over $1M in New GrantsThe foundation continues to actively promote liberal arts education through media partnerships, including a feature on PBS NewsHour in October 2024 highlighting a Purdue program working to revive liberal arts as a key part of the college experience.
Teagle Foundation Awards Ursuline College $25,000 Grant to Expand Rust BeltSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Teagle Foundation fund?
The Teagle Foundation works to support and strengthen liberal arts education, which it views as fundamental to meaningful work, effective citizenship, and a fulfilling life. The foundation aims to serve as a catalyst for the improvement of teaching and learning in the arts and sciences while addressing issues of financial sustainability and accountability in higher education. The foundation believes that all students, regardless of major, should have an opportunity to experience the liberal art…
How do I apply for a grant from The Teagle Foundation?
**Grant Ranges:** • Planning Grants: $25,000 - $50,000 (for developing new initiatives) • Implementation Grants: $200,000 - $350,000 (for executing proven programs) • Overall grant range: $25,000 - $350,000 **Annual Giving:** Approximately $11.6 - $11.7 million **Board Meeting Schedule:** Board meets in November, February, and May **Major Initiatives:** • **Cornerstone: Learning for Living** — A multi-year initiative jointly sponsored with the National Endowment for the Humanities to revitalize…
Where does The Teagle Foundation make grants?
The foundation funds projects nationwide across the United States, including major cities such as New York, Los Angeles, and Chicago, as well as smaller towns and communities throughout the country.
What size grants does The Teagle Foundation award?
In 2025, The Teagle Foundation awarded 138 grants totaling $8.6M — an average of about $62K per grant, based on its IRS Form 990 filings.
How much is The Teagle Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Teagle Foundation reported a distributable amount of $7.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Teagle Foundation's EIN?
The Teagle Foundation's EIN (Employer Identification Number) is 20-1370387. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Teagle Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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