The Telect Agape Foundation

ALBERTON, MT EIN: 91-1622534

The Telect Agape Foundation is a private foundation, based in ALBERTON, MT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 3 grants totaling $92K. Net investment income was $183K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+0.1% YoY

Annual Giving

$92K

-39.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$31K

-39.0% YoY

Under IRS private-foundation payout rules, The Telect Agape Foundation reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.

About The Telect Agape Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $261K (47%)

Washington $255K (46%)

Colorado $37K (7%)

States

Colorado Florida Washington

Cities

Lone TreeOrlandoSeattle

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,447,327	$2,445,785	$2,568,661
Revenue	$271,878	$117,240	$-76,099
Expenses	$270,336	$240,116	$207,494
Qualifying Distributions	$234,661	$210,538	$175,115
Net Investment Income	$183,005	$64,578	$18,926
Distributable Amount	$166,098	$151,410	$157,373

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include DAFgiving360 ($37,364), National Christian Foundation Northwest ($30,000), National Christian Foundation Northwest ($25,000).

Recipient	Purpose	Amount
DAFgiving360 Lone Tree, CO	Charles Schwab Donor Advised Fund	$37,364
National Christian Foundation Northwest Seattle, WA	Jubilation Donor Advised Fund	$25,000
National Christian Foundation Northwest Seattle, WA	Wayne & Terina Williams Donor Advised Fund	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Wayne E Williams	President	0.5	—
Terina J Williams	Secretary	0.5	—
Donna L Brandt	Treasurer	0.5	—

Frequently Asked Questions

How large is The Telect Agape Foundation?

As of 2024, The Telect Agape Foundation holds $2.4M in total assets with $272K in annual revenue. It awarded 3 grants totaling $92K in 2024.

Where does The Telect Agape Foundation operate?

The Telect Agape Foundation has awarded grants in Colorado, Florida, Washington.

What size grants does The Telect Agape Foundation award?

In 2024, The Telect Agape Foundation awarded 3 grants totaling $92K — an average of about $31K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Telect Agape Foundation reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.