Public Charity

TEAMWORK EDUCATION FOUNDATION INC

TEAMWORK EDUCATION FOUNDATION INC, of PALM BEACH GARDENS, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $89K in revenue, $404K in expenses, $1.4M in total assets. 26 publicly reported grants to this organization, totaling roughly $295K, appear in IRS filings.

EIN: 460873317 PALM BEACH GARDENS, FL Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$89K
Total Expenses$404K
Total Assets$1.4M
Grant Records26
Funding Total$295K
Filing Years2021–2025

Mission

TEAMWORK EDUCATION FOUNDATIONS MISSION IS TO SUPPORT THE EDUCATION OF CHILDREN AND YOUNG ADULTS, PARTICULARLY SOCIO-ECONOMICALLY CHALLENGED STUDENTS IN PALM BEACH COUNTY FLORIDA, THROUGH INSTRUMENTAL MUSIC PROGRAMS AND SCHOLARSHIP PROGRAMS.

Where $100 goes at Teamwork Education Foundation Inc

How Teamwork Education Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$47
Our goal is to educate the students in palm beach ounty and create a pipeline for local talent to fill jobs within the community
53% of program spending
$31
Since 2013, teamwork has been providing musical instruments and supplies to title 1 elementary and middle schools interested in implementing, or helping to sustain, band and string programs
34% of program spending · Reported in the filing: 10,000 students
$12
Our scholarship program has awarded over 1 million dollars in college scholarships in the last 12 years
13% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Cleve Maloon
DIRECTOR Howard Guberman
DIRECTOR Janice Hassenfeld
DIRECTOR Jill Bernstein
VICE-PRESIDENT John Kapelewski
DIRECTOR EMERITUS Ken Stein

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$273,382 24 grants
Education
$21,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $89K $404K $1.4M
2024 $334K $374K $1.6M
2023 $315K $292K $1.4M
2022 $423K $393K $1.3M
2021 $350K $339K $1.5M

Between 2021 and 2025, reported annual revenue declined from $350K to $89K (-75%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TEAMWORK EDUCATION FOUNDATION INC

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