Eugene V and Clare E Thaw
Eugene V and Clare E Thaw is a private foundation based in Santa Fe, New Mexico. Its 2024 giving included support for an art museum renovation and acquisitions, music performances and programs, arts programming, a publication, hurricane relief, and wildlife habitat work.
Eugene V and Clare E Thaw at a glance
In short: Eugene V and Clare E Thaw gave $16.1M across 8 grants in 2024 (avg $2.0M), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $16,072,740
- -26.6% vs 2023
- Grants made (2024)
- 8
- -57.9% vs 2023
- Average grant
- $2,009,093
- +74.4% vs 2023
- Median grant
- $27,500
- Total assets
- $47,385,057
- -24.7% vs 2023
- Primary geography
- New York (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Eugene V and Clare E Thaw
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 2422, Santa Fe, NM 87504-2422
Phone: (505) 982-7023
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Eugene V and Clare E Thaw funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Fenimore Art Museum ($15.9M). Together the top 8 received $16.1M.
Grant Size Distribution
85 grants across all recorded years
The most common grant size was under $50K: 38 grants of 85 (45%).
Geographic Focus
Where this funder awards grants
In 2024, 99% of grant dollars went to recipients in New York. The filing also reported shares of 0% for New Mexico, Florida, Oregon, and North Carolina. Listed grants that year additionally included recipients in Oklahoma.
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
How Eugene V and Clare E Thaw gives
- Giving grew 196% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.4M (2021) to $21.9M (2023). In 2024 it made 8 grants totaling $16.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fenimore Art Museum Cooperstown, NY | Towards renovation of the museum's research library; and acquisitions of American masterpieces | $15,907,000 |
| Santa Fe Pro Musica Santa Fe, NM | For Performance of Mozart's "Requiem" | $50,000 |
| Targhee Music Foundation Belleair Bluffs, FL | General support for annual music camp in alta, wy | $30,240 |
| Elbow Room Portland, OR | Arts program for developmentally disabled individuals in the portland, or area | $30,000 |
| Signs for Hope Fairview, NC | For Hurricane Relief Efforts in Asheville, NC | $25,000 |
| University of Oklahoma Foundation Norman, OK | For publication of a two-volume book on the taos society of artists | $20,000 |
| Bosque Del Apache Wildlife Refuge San Antonio, NM | For the Pollinator Habitat Enhancement Project | $10,000 |
| Galisteo Basin Open Space Preserve Santa Fe, NM | General Support | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $47,385,057 | $3,549,042 | $16,676,875 | $16,072,740 | 8 | $16,210,915 | $3,188,718 | $432,278 |
| 2023 | $62,945,128 | $8,399,886 | $22,643,208 | $21,891,522 | 19 | $22,051,351 | $6,883,447 | $1,726,551 |
| 2022 | $80,823,388 | $1,056,985 | $10,732,671 | $10,074,629 | 18 | $10,259,509 | $645,251 | $2,175,447 |
| 2021 | $97,006,761 | $1,880,279 | $6,010,769 | $5,423,681 | 21 | $5,536,822 | $1,463,935 | $81,667 |
| 2020 | $95,372,301 | $2,465,700 | $6,350,280 | $5,893,331 | 19 | — | $124,048 | $1,002,705 |
Under IRS private-foundation payout rules, Eugene V and Clare E Thaw reported a distributable amount of $432K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in arts and culture, music, disaster relief, and wildlife conservation. Among its recipients, Fenimore Art Museum describes its mission as preserving, engaging, and educating people about shared cultural heritage through exhibitions and programs. Santa Fe Pro Musica says it brings together musicians to inspire and educate audiences through performances. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation reported 8 grants totaling $16,072,740. Grants ranged from $500 to $15,907,000, with a median of $27,500. Its largest grant was $15,907,000 to Fenimore Art Museum for renovation of the museum’s research library and acquisitions of American masterpieces. Other grants included $50,000 to Santa Fe Pro Musica for a performance of Mozart’s “Requiem,” $30,240 to Targhee Music Foundation for general support of its annual music camp in Alta, Wyoming, and $25,000 to Signs for Hope for hurricane relief efforts in Asheville, North Carolina.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kathleen Flanagan as President & CEO and Brian O’Donoghue and Michaela O’Donoghue as trustees.
Eugene V and Clare E Thaw is led by Kathleen Flanagan, President & CEO on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Kathleen Flanagan
President & CEO
On filings since 2020
40 hrs/week
$250K (2020) → $333K (2024)
Brian O'Donoghue
Trustee
On filings since 2020
1 hr/week
$10K (2022) → $0 (2024)
Michaela O'Donoghue
Trustee
On filings since 2020
1 hr/week
$10K (2022) → $0 (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $333K, to Kathleen Flanagan (President & CEO).
Frequently asked questions about Eugene V and Clare E Thaw
How much does Eugene V and Clare E Thaw give each year?
Eugene V and Clare E Thaw gave $16.1M across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21.9M across 19 grants.
What is Eugene V and Clare E Thaw's typical grant size?
Eugene V and Clare E Thaw's median grant in 2024 was $27,500, and its average grant was $2,009,093, across 8 grants on its 2024 IRS Form 990-PF.
Where does Eugene V and Clare E Thaw give grants?
Eugene V and Clare E Thaw gives mostly in New York: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Santa Fe, NM (2 grants).
Does Eugene V and Clare E Thaw give general operating support?
Yes: 25% of Eugene V and Clare E Thaw's 2024 grants with a stated purpose (2 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Eugene V and Clare E Thaw's largest grantees?
Eugene V and Clare E Thaw's largest 2024 grantees include Fenimore Art Museum ($15,907,000), Santa Fe Pro Musica ($50,000) and Targhee Music Foundation ($30,240), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Eugene V and Clare E Thaw?
Eugene V and Clare E Thaw reported $47.4M in total assets on its 2024 IRS Form 990-PF. It paid out $16.2M in qualifying distributions that year, against a required minimum of $432K (roughly 5% of its investment assets).
What does Eugene V and Clare E Thaw fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in arts and culture, music, disaster relief, and wildlife conservation. See mission & focus areas ↑
How do I apply for a grant from Eugene V and Clare E Thaw?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Eugene V and Clare E Thaw's EIN?
Eugene V and Clare E Thaw's EIN (Employer Identification Number) is 13-3081491. IRS Form 990 filing data is available on this page for 2020–2024.
Does Eugene V and Clare E Thaw accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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