TELACU EDUCATION FOUNTATION

COMMERCE, CA, 90022-5187 (323) 721-1655 Est. 1992 EIN 95-4384333
Form 990 501(c)(3)

Mission

THE FOUNDATION PROVIDES SERVICES AND RESOURCES FOR SCHOLARSHIP PROGRAMS AND EDUCATIONAL ENRICHMENT PROGRAMS.

Giving Portfolio

Total Grants
31
Total Giving
$469K
Recipients
31
Years Active
2018 - 2024
Avg grant: $15,274 Median: $8,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$66K $17K04
20234$63K $16K04
20225$61K $12K05
20205$82K $16K05
20195$81K $16K05
20188$116K $14K80

Sectors Funded

Education
21

Top States

California
31

Grantee Size Profile

Over $50M
15
$10M - $50M
6

Top Grantees

Grants Awarded · 31 grants

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Financials

Total Revenue
$3,852,000
Total Expenses
$4,340,099
Net Assets
$2,751,549
42 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 5.9%
Expenses ↑ 3.8%
Revenue Sources
Contributions 106.6% Investment 1.7%
Expense Breakdown
Program 88.4% Management 11.6%

Officers & Trustees (9)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$3,852,000 $4,340,099$2,751,549
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$4,092,484 $4,179,321$3,239,648
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$4,223,258 $4,136,653$3,326,485
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$3,311,295 $3,258,336$2,949,354
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$3,698,108 $3,507,596$2,896,395
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$4,265,628 $3,486,509$2,705,883

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EIN: 95-4384333 · Source: IRS Form 990 e-file data