Cft Foundation

MASON CITY, IA EIN: 42-1519192

Cft Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MASON CITY, IA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 15 grants totaling $47K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$47K

-78.5% YoY

Grant Count

15

-55.9% YoY

Avg Grant Size

$3K

-51.4% YoY

About Cft Foundation

Based on IRS filings

Cft Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MASON CITY, IA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 15 grants totaling $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

18states
+10 more states

Cities

ALBERT LEAAMESATLANTABALTIMOREBOONECHAMBERLAINDES MOINESFAIRFIELDGARDEN VALLEYHARLANHIAWATHAHICKORYIOWA CITYIRVINGLINCOLNSHIRELITTLE ROCKLOUISVILLEMARIONMASON CITYMEMPHIS

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$116K$233K$349K$466K15 grants20205 grants20215 grants202234 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNITED WAY$15KSALVATION ARMY$8KSHRINERS CHILDREN'S$5KAMERICAN CANCER SOCIETY$4KALZHEIMER'S RESEARCH$2KAMERICAN HEART ASSOCIATION$2KHEIFER INTERNATIONAL$2KLEUKEMIA LYMPHOMA SOCIETY$2KMARCH OF DIMES$2KAMERICAN RED CROSS$1K

Grant Size Distribution

74 grants across all recorded years

66<$50K4$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way ($15,000), Salvation Army ($8,000), Shriners Children's ($5,000).

RecipientPurposeAmount
ALZHEIMER'S RESEARCH ST PAUL, MNGIFT$2,000
AMERICAN CANCER SOCIETY MASON CITY, IAGIFT$4,000
AMERICAN HEART ASSOCIATION HIAWATHA, IAGIFT$2,000
AMERICAN RED CROSS DES MOINES, IAGIFT$1,000
GOOD SHEPHERD MASON CITY, IAGIFT$300
HEIFER INTERNATIONAL LITTLE ROCK, ARGIFT$2,000
HOPE PROJECT MUSKEGON, MIGIFT$1,000
LEUKEMIA LYMPHOMA SOCIETY RYE BROOK, NYGIFT$2,000
MARCH OF DIMES HARLAN, IAGIFT$2,000
OPERATION SMILE VIRGINIA BEACH, VAGIFT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JILL C THORESONPRESIDENT
JOSEPH D THORESONVICE PRESIDE
ERIKA TRISTANSECRETARY
KIRK THORESONTREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cft Foundation?

Cft Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MASON CITY, IA. It holds — in total assets as of 2024.

Where does Cft Foundation operate?

Cft Foundation has awarded grants in Alabama, Arkansas, Connecticut, Florida, Georgia, Iowa, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, North Carolina, New York, South Dakota, Tennessee, Texas, Virginia.

What size grants does Cft Foundation award?

In 2024, Cft Foundation awarded 15 grants totaling $47K — an average of about $3K per grant, based on its IRS Form 990 filings.

What is Cft Foundation's EIN?

Cft Foundation's EIN (Employer Identification Number) is 42-1519192. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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