The Telesco Family Foundation Inc
The Telesco Family Foundation Inc is a private foundation based in Palm Beach, Florida. Its 2024 filing reports grants to charitable organizations, including organizations in New York and Florida.
Key facts about The Telesco Family Foundation Inc
In short: The Telesco Family Foundation Inc gave $328K across 14 grants in 2024 (avg $23K), mostly in New York. 43% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 38-3862623
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $327,500
- Grants made (2024)
- 14
- Average grant
- $23,393
- Median grant
- $10,000
- New grantees (estimate)
- 43% first-time grantees (6 of 14, 2024)
- Total assets
- $341,992
- Primary geography
- New York (50% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$342K
Annual Giving
$328K
Grant Count
14
Avg Grant Size
$23K
Is The Telesco Family Foundation Inc open to new grantees?
43%
first-time grantees, 2024
In 2024, 6 of 14 grantees (43%) were first-time recipients. First grants averaged $10K; repeat grants $33K. How we count
Medians: $10K first-time, $9K repeat.
- Giving grew 33% from 2021 to 2024. Method
- In 2021 it paid out 751% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s own mission is not stated in the available information. Its 2024 grants included support for organizations whose missions, as described by the organizations themselves, include arts education and youth mentorship, civic engagement, and access to art and museum programs. For example, the Center for Creative Education says it promotes youth and community awareness through arts, wellness, and education; the Palm Beach Civic Association says it works to protect and improve quality of life in Palm Beach; and the Norton Museum of Art says it offers encounters with art through programs and collections.
Grantmaking
In 2024, the foundation gave $327,500 through 14 grants. The grants ranged from $2,500 to $150,000, with a median grant of $10,000.
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Geographic Focus
Where this funder awards grants
In 2024, 50% of grant dollars went to recipients in New York, 48% to recipients in Florida, and 2% to recipients in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $247K (2021) to $328K (2024). In 2024 it made 14 grants totaling $328K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Center for Creative Education Inc ($150K). Together the top 10 received $308K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 40 grants of 45 (89%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Creative Education Inc Kingston, NY | Charitable Activitiesof the Doneeorganization | $150,000 |
| Palm Beach United Way Lake Worth, FL | Charitable Activitiesof the Doneeorganization | $50,000 |
| Palm Beach Police and Fire Foundation Inc Palm Beach, FL | Charitable Activitiesof the Doneeorganization | $37,500 |
| BCRF Palm Beach Luncheon Org New York, NY | Charitable Activitiesof the Doneeorganization | $10,000 |
| Historical Society of Palm Beach County West Palm Beach, FL | Charitable Activitiesof the Doneeorganization | $10,000 |
| Palm Beach Navy Seals Tribute Palm Beach, FL | Charitable Activitiesof the Doneeorganization | $10,000 |
| Preservation on Palm Beach Palm Beach, FL | Charitable Activitiesof the Doneeorganization | $10,000 |
| Society of the Four Arts Palm Beach, FL | Charitable Activitiesof the Doneeorganization | $10,000 |
| Boys & Girls Club of Palm Beach West Palm Beach, FL | Charitable Activitiesof the Doneeorganization | $10,000 |
| Planned Parenthood of Palm Beach West Palm Beach, FL | Charitable Activitiesof the Doneeof the Donee | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2024 | $327,500 | 14 |
| 2021 | $246,500 | 17 |
| 2020 | $248,500 | 14 |
| Metric | 2024 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $341,992 | $545,706 | $792,206 |
| Revenue | $100,000 | — | — |
| Expenses | $327,500 | $246,500 | $248,500 |
| Qualifying Distributions | — | $246,500 | — |
| Distributable Amount | — | $32,823 | $3,761 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dominick A. Telesco as director, president, treasurer, and secretary; Susan A. Telesco as director and vice president; and David A. Telesco and Susan B. Wohlforth as directors.
The Telesco Family Foundation Inc is led by Dominick A. Telesco, Director, President, Treasurer & Secretary since 2024 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dominick A. Telesco
Director, President, Treasurer & Secretary
Director, President, Treasurer & S → Director, President, Treasurer & Secretary, 2024
On filings since 2020
No compensation reported
David A. Telesco
Director
On filings since 2020
No compensation reported
Susan A. Telesco
Director & Vice President
On filings since 2020
No compensation reported
Susan B. Wohlforth
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Wlise T. Burns (2020–2021) — Director
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.
Contact
Mailing address: 150 Via Bellaria, Palm Beach, FL 33480
Phone: (201) 843-3484
Frequently asked questions about The Telesco Family Foundation Inc
How much does The Telesco Family Foundation Inc give each year?
The Telesco Family Foundation Inc gave $328K across 14 grants in 2024, according to its 2024 IRS Form 990-PF.
What is The Telesco Family Foundation Inc's typical grant size?
The Telesco Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $23,393, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Telesco Family Foundation Inc that year got $10K on average.
Where does The Telesco Family Foundation Inc give grants?
The Telesco Family Foundation Inc gives mostly in New York: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (48%). The most frequent recipient cities were Palm Beach, FL (5 grants), West Palm Beach, FL (3 grants) and New York, NY (2 grants).
Does The Telesco Family Foundation Inc give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on The Telesco Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Activitiesof the Doneeorganization" (13 grants).
Who are The Telesco Family Foundation Inc's largest grantees?
The Telesco Family Foundation Inc's largest 2024 grantees include Center for Creative Education Inc ($150,000), Palm Beach United Way ($50,000) and Palm Beach Police and Fire Foundation Inc ($37,500), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.
How large is The Telesco Family Foundation Inc?
The Telesco Family Foundation Inc reported $342K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $100K.
What does The Telesco Family Foundation Inc fund?
The foundation’s own mission is not stated in the available information. Its 2024 grants included support for organizations whose missions, as described by the organizations themselves, include arts education and youth mentorship, civic engagement, and access to art and museum programs. See mission & focus areas ↑
How do I apply for a grant from The Telesco Family Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Telesco Family Foundation Inc's EIN?
The Telesco Family Foundation Inc's EIN (Employer Identification Number) is 38-3862623. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Telesco Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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