BEVERLY HILLS, CA--(Marketwired - Jun 6, 2016) - Teles Properties -- the fastest growing luxury residential real estate firm in Southern California -- is pleased to announce the re-launch of its non-profit affiliate, the Teles Foundation. Originally formed in 2012, the foundation was created in loving memory of Angela Mozart, the company's long-time friend and dedicated information technology network administrator, who was killed in a car collision while riding her bicycle. Angela provided guidance to the Teles technology department and went the extra mile for its agents; and in the same spirit, the Teles Foundation hopes to provide support to organizations and initiatives in Southern California.

"Angela was -- and continues to be -- very special to Teles, and we love that we're able to honor her memory in this way," says Teles' president, Sharran Srivatsaa. "The Teles Foundation is built on the philosophy that all great things have small beginnings, and we hope that by raising and distributing funds in the local communities where our business, agents, and clients interact every single day, we will promote global change for a more positive future."

Over the next year, the Teles Foundation is poised to grow, raise further awareness, establish more relationships and promote even further participation. The foundation is proud to have already contributed to the following charities: LA Family Housing, HomeAid Orange County, StandUp For Kids, Home Free, PUP Laguna Beach, Run in the Name of Love, and Red Star Riders; and is continually planning events and seeking new opportunities to give back.

"At our recent SoulCycle charity ride, we raised more than $8,700 for the foundation," says Teles' chief operating officer, Evan Ageloff. "We look forward to planning more charity events, building new relationships and encouraging everyone who works at Teles to get involved with the foundation. Our goal is to have more than 90 percent participation, and I think we can attain that!"

ABOUT TELES PROPERTIES: Teles Properties is a luxury real estate firm in California, ranked and recognized for three consecutive years by the prestigious Inc. 500|5000 list of the fastest growing private companies in America. Leading with intelligence, the brand brings together the state's most elite and successful agents and provides them with an unparalleled technology platform to simplify and elevate every aspect of a real estate transaction. Headquartered in Beverly Hills with strategic offices located in California's most prestigious markets -- from Carmel to Coronado -- Teles is renowned for its profound local market experience as well as a comprehensive global division that links international investors to properties in the U.S. and around the globe. For more information, go to

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Leslie Licano
Beyond Fifteen Communications, Inc.