Carl Thoele Family Foundation
Carl Thoele Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $577K in total assets. In 2024, it awarded 7 grants totaling $40K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$577K
-11.9% YoY
Annual Giving
$40K
+14.3% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$6K
+14.3% YoY
About Carl Thoele Family Foundation
Based on IRS filings
Carl Thoele Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $577K in total assets. In 2024, it awarded 7 grants totaling $40K. Net investment income was $14K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $577,273 | $655,399 | $709,450 |
| Revenue | $17,715 | $48,443 | $-31,509 |
| Expenses | $96,939 | $41,374 | $47,510 |
| Qualifying Distributions | $40,500 | $35,600 | $40,000 |
| Net Investment Income | $14,198 | $42,916 | $16,671 |
| Distributable Amount | $34,326 | $35,205 | $36,904 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARL THOELE | TRUSTEE | 20 | $50,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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