The Teal Foundation

HOUSTON, TX EIN: 76-6033961

The Teal Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 8 grants totaling $6K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$224K

-1.9% YoY

Annual Giving

$6K

-44.9% YoY

Grant Count

-46.7% YoY

Avg Grant Size

$691.875

+3.3% YoY

Under IRS private-foundation payout rules, The Teal Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About The Teal Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $15K (58%)

Colorado $3K (11%)

Florida $3K (11%)

Oklahoma $2K (8%)

Georgia $2K (6%)

Maine $1K (4%)

North Carolina $500 (2%)

District of Columbia $100 (0%)

+1 more states

States

Colorado District of Columbia Florida Georgia Maine North Carolina Oklahoma Texas Virginia

Cities

AntonitoArlingtonBeaumontBoys RanchCharlotteDallasGainesvilleGoldenHighlandHoustonJacksonvilleNeptuneOklahomaOklahoma CityOrlandoRocklandWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$224,164	$228,548	$236,203
Revenue	$4,720	$4,320	$957
Expenses	$9,104	$11,975	$20,548
Qualifying Distributions	$6,685	$4,317	$20,548
Net Investment Income	$2,301	$1,928	$1,794
Distributable Amount	$11,172	$10,262	$11,393

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

34 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St John fund ($2,100), Knox Martin Foundation ($1,500), Chinquapin Preparatory school ($550).

Recipient	Purpose	Amount
Rocky Mountain Estates Fire Prevention fund Antonito, CO	Fire Prevntion	$500
St John fund Houston, TX	Religious	$2,100
Our Lady's Cathedral OKC Oklahoma City, OK	Religious	$250
Knox Martin Foundation Gainesville, GA	Medical Support	$1,500
Chinquapin Preparatory school Highland, TX	Education	$550
Austin Pets Alive Dallas, TX	Charitable	$25
MEXICO MEDICAL MISSIONS HOUSTON, TX	Health Support	$250
FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS GOLDEN, CO	RELIGIOUS	$360

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Elizabeth Jackson Royce	Trustee	1	—

Frequently Asked Questions

How large is The Teal Foundation?

As of 2024, The Teal Foundation holds $224K in total assets with $5K in annual revenue. It awarded 8 grants totaling $6K in 2024.

Where does The Teal Foundation operate?

The Teal Foundation has awarded grants in Colorado, District of Columbia, Florida, Georgia, Maine, North Carolina, Oklahoma, Texas, Virginia.

What size grants does The Teal Foundation award?

In 2024, The Teal Foundation awarded 8 grants totaling $6K — an average of about $691.875 per grant, based on its IRS Form 990 filings.

How much is The Teal Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Teal Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.