The Ted and Suzanne Groesbeck Foundation

Private foundation · Grantmaker Plano, TX EIN: 81-0717859

The Ted and Suzanne Groesbeck Foundation is a private foundation, based in Plano, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.8M in total assets.

Key facts about The Ted and Suzanne Groesbeck Foundation

EIN
81-0717859
Latest 990 filing
Form 990-PF, 2024
Total assets
$10,843,862

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.8M

+0.0% YoY

Revenue

—

Expenses

—

Under IRS private-foundation payout rules, The Ted and Suzanne Groesbeck Foundation reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.

How The Ted and Suzanne Groesbeck Foundation gives

  • In 2021 it paid out 160% 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

7states

Cities

Key LargoBooneCoon RapidsCoral GablesEraFentonFriscoPortsmouthStaten Island

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2020 8 grants2021 0 grants2022 0 grants2023 0 grants2024

From 2020 to 2021, annual grant giving ranged from $143K (2020) to $277K (2021). In 2021 it made 8 grants totaling $277K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

11 grants across all recorded years

9<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 11 (82%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$10,843,862$10,843,862$10,843,862
Revenue——$2,000
Expenses——$4,317
Distributable Amount$108,923$126,969$86,355

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2023 (received by the IRS July 23, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Ted and Suzanne Groesbeck Foundation is led by Ted Groesbeck, Director on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Ted Groesbeck

    Director

    On filings since 2020

    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.

Frequently asked questions about The Ted and Suzanne Groesbeck Foundation

How large is The Ted and Suzanne Groesbeck Foundation?

The Ted and Suzanne Groesbeck Foundation reported $10.8M in total assets on its 2024 IRS Form 990-PF.

Where does The Ted and Suzanne Groesbeck Foundation operate?

The Ted and Suzanne Groesbeck Foundation has awarded grants in Florida, Minnesota, Missouri, North Carolina, New York, Texas, Virginia.

How much is The Ted and Suzanne Groesbeck Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ted and Suzanne Groesbeck Foundation reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ted and Suzanne Groesbeck Foundation's EIN?

The Ted and Suzanne Groesbeck Foundation's EIN (Employer Identification Number) is 81-0717859. 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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