Charles Thorwelle Foundation

OBERNBURG, NY EIN: 14-6047928

Charles Thorwelle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OBERNBURG, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 17 grants totaling $114K. Net investment income was $203K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+4.2% YoY

Annual Giving

$114K

-1.8% YoY

Grant Count

17

+13.3% YoY

Avg Grant Size

$7K

-13.3% YoY

Under IRS private-foundation payout rules, Charles Thorwelle Foundation reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles Thorwelle Foundation

Based on IRS filings

Charles Thorwelle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OBERNBURG, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 17 grants totaling $114K. Net investment income was $203K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

JeffersonvilleNew YorkYonkers

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$105K$210K$315K$420K20202021202220232024
Metric202420232022
Total Assets$1,983,671$1,903,704$1,692,559
Revenue$219,020$381,453$284,419
Expenses$143,718$146,326$111,142
Qualifying Distributions$127,276$129,342$98,327
Net Investment Income$202,578$364,469$271,604
Distributable Amount$96,462$84,714$86,442

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$58K$87K$116K16 grants202054 grants202113 grants202215 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE FRANCISCAN FRIARS HO…$24KLUCY ARZELLI$8KJAYMER BUDDENHAGEN$8KROBERT DAVIDSON$8KANNABELLE RUTLEDZA$7KEMILY YUSKO$7KTYLER O'SULLIVAN$7KWILLIAM NEARING$7KABIGAIL KELLER$6KGRACE BOYD$6K

Grant Size Distribution

111 grants across all recorded years

111<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Franciscan Friars Holy Name ($23,876), Lucy Arzelli ($8,100), Jaymer Buddenhagen ($7,800).

RecipientPurposeAmount
THE FRANCISCAN FRIARS HOLY NAME NEW YORK, NYTO ASSIST THE POOR AND ELDERLY$23,876
ABIGAIL KELLER JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$6,300
ANNABELLE RUTLEDZA JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$7,300
CHANLYN O'SULLIVAN JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$6,000
EMILY YUSKO JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$7,300
GRACE BOYD JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$6,300
GRANT GORR JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$300
ISABEL NEARING JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$6,300
JAMES MCELROY JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$6,300
JAYMER BUDDENHAGEN JEFFERSONVILLE, NYACADEMIC SCHOLARSHIP$7,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RUTH BRUSTMANTRUSTEE$4KFRED STABBERTTRUSTEE$2KDEBRA REIMERTRUSTEE$800

From 2024 filing

NameTitleHoursCompensation
RUTH BRUSTMANTRUSTEE5$3,500
THOMAS ROCHETRUSTEE1
DEBRA REIMERTRUSTEE4$800
FRED STABBERTTRUSTEE1$2,250
MICHAEL GORRTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Charles Thorwelle Foundation?

Charles Thorwelle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OBERNBURG, NY. It holds $2.0M in total assets as of 2024.

How large is Charles Thorwelle Foundation?

As of 2024, Charles Thorwelle Foundation holds $2.0M in total assets with $219K in annual revenue. It awarded 17 grants totaling $114K in 2024.

Where does Charles Thorwelle Foundation operate?

Charles Thorwelle Foundation has awarded grants in New York.

What size grants does Charles Thorwelle Foundation award?

In 2024, Charles Thorwelle Foundation awarded 17 grants totaling $114K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Charles Thorwelle Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Thorwelle Foundation reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Thorwelle Foundation's EIN?

Charles Thorwelle Foundation's EIN (Employer Identification Number) is 14-6047928. 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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