Therese Foundation Inc
Therese Foundation Inc is a private foundation, based in Madison, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $522K in total assets. In 2025, it awarded 5 grants totaling $24K. Net investment income was $32K.
Therese Foundation Inc at a glance
In short: Therese Foundation Inc gave $24K across 5 grants in 2025 (avg $5K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $23,500
- +2.2% vs 2024
- Grants made (2025)
- 5
- +25.0% vs 2024
- Average grant
- $4,700
- -18.3% vs 2024
- Median grant
- $5,000
- Total assets
- $521,632
- +1.1% vs 2024
- Primary geography
- Wisconsin (85% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Therese Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Access Community Health Centers ($5K). Together the top 5 received $24K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Therese Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 120% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $23K (2023) to $44K (2020). In 2025 it made 5 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Access Community Health Centers Madison, WI | Support the Expansion of Patient Services | $5,000 |
| Ceiba Foundation for Tropical Conservation Madison, WI | Support el pahuma orchid reserve project to protect the cloud forest in ecuador's tropical andes region | $5,000 |
| The Christine Center Willard, WI | Support General Mission | $5,000 |
| University of Wisconsin - Madison Madison, WI | Support the Nelson Institute for Environmental Studies | $5,000 |
| Insight Meditation Center of the Mid-Peninsula Redwood City, CA | Support General Mission | $3,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $521,632 | $35,056 | $29,480 | $23,500 | 5 | $25,250 | $31,643 | $21,040 |
| 2024 | $516,056 | $22,972 | $30,104 | $23,000 | 4 | $24,960 | $19,286 | $20,132 |
| 2023 | $523,188 | $10,545 | $30,702 | $23,000 | 4 | $23,000 | $14,736 | $16,496 |
| 2022 | $542,217 | $19,186 | $31,664 | $25,000 | 5 | $25,000 | $17,691 | $17,506 |
| 2021 | $554,556 | $80,999 | $35,158 | $30,000 | 2 | $30,000 | $79,451 | $13,868 |
| 2020 | $517,410 | $48,546 | $49,443 | $44,205 | 6 | — | $47,030 | $16,592 |
Under IRS private-foundation payout rules, Therese Foundation Inc reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Therese Foundation Inc is led by George S. Farah, Executive Director & Treasurer since 2024 (on filings since 2020); 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
George S. Farah
Executive Director & Treasurer
Executive Directr → Executive Director, 2021
Executive Director → Executive Director & Treasurer, 2024
On filings since 2020
5 hrs/week
$2K (2020) → $2K (2025)
Diane K. Farah
Director
On filings since 2020
1 hr/week
No compensation reported
Simone Goldman
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2K, to George Farah (Executive Director/ Treasurer).
Frequently asked questions about Therese Foundation Inc
How much does Therese Foundation Inc give each year?
Therese Foundation Inc gave $24K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $23K across 4 grants.
What is Therese Foundation Inc's typical grant size?
Therese Foundation Inc's median grant in 2025 was $5,000, and its average grant was $4,700, across 5 grants on its 2025 IRS Form 990-PF.
Where does Therese Foundation Inc give grants?
Therese Foundation Inc gives mostly in Wisconsin: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (15%). The most frequent recipient cities were Madison, WI (3 grants).
Does Therese Foundation Inc give general operating support?
Yes: 40% of Therese Foundation Inc's 2025 grants with a stated purpose (2 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Therese Foundation Inc's largest grantees?
Therese Foundation Inc's largest 2025 grantees include Access Community Health Centers ($5,000), Ceiba Foundation for Tropical Conservation ($5,000) and The Christine Center ($5,000), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.
How large is Therese Foundation Inc?
Therese Foundation Inc reported $522K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
What is Therese Foundation Inc's EIN?
Therese Foundation Inc's EIN (Employer Identification Number) is 39-1984065. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 2, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Therese Foundation Inc funds
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