Floyd B & Helen M Thormann Foundation Inc
Floyd B & Helen M Thormann Foundation Inc is a private foundation, based in Clinton TWP, MI. IRS filing data is available from 2019 through 2024. In 2024, it awarded 5 grants totaling $2K.
Key facts about Floyd B & Helen M Thormann Foundation Inc
In short: Floyd B & Helen M Thormann Foundation Inc gave $2K across 5 grants in 2024 (avg $300), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- EIN
- 38-3342992
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,500
- Grants made (2024)
- 5
- Average grant
- $300
- Median grant
- $250
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2K
-62.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$300
-62.5% YoY
Under IRS private-foundation payout rules, Floyd B & Helen M Thormann Foundation Inc reported a distributable amount of $86 for 2024 — the minimum it must pay out in qualifying distributions.
How Floyd B & Helen M Thormann Foundation Inc gives
- Giving fell 92% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $2K (2024) to $20K (2020). In 2024 it made 5 grants totaling $2K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Purple Rose Theater ($500). Together the top 5 received $2K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Purple Rose Theater Chelsea, MI | Professional Theatre Enriching and Producing New American Plays | $500 |
| Hospice of Michigan Clinton TWP, MI | Working with patients and families for quality of life and support | $250 |
| Alternatives for Girls Detroit, MI | Help at-risk and homeless girls with prevention, shelter and outreach | $250 |
| Grosse Pointe Animal Adoption Society Harper Woods, MI | Create a relationship between adopters and new furry friend | $250 |
| Potter Park Zoological Society Lansing, MI | Ensure health of animals at the zoo and provide animal welfare programs | $250 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $3,479 | $12,724 |
| Expenses | $3,479 | $9,245 | $10,645 |
| Qualifying Distributions | $2,912 | $5,245 | $4,020 |
| Distributable Amount | $86 | $399 | $913 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 25, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 23, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
Floyd B & Helen M Thormann Foundation Inc is led by Mark Zurek, President since 2020 (on filings since 2019); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Zurek
President
Director → President, 2020
On filings since 2019
4 hrs/week
$5K (2019) → $0 (2024)
Janet Bruss
Director
Diirector → Director, 2020
On filings since 2019
0.5 hrs/week
$5K (2019) → $0 (2024)
Jeff Bruss
Director
On filings since 2020
0.5 hrs/week
$5K (2020) → $0 (2024)
Former officers (1)
- Former: Wayne Stewart (2019) — President
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $4K, to Janet Bruss (Director).
Frequently asked questions about Floyd B & Helen M Thormann Foundation Inc
How much does Floyd B & Helen M Thormann Foundation Inc give each year?
Floyd B & Helen M Thormann Foundation Inc gave $2K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4K across 5 grants.
What is Floyd B & Helen M Thormann Foundation Inc's typical grant size?
Floyd B & Helen M Thormann Foundation Inc's median grant in 2024 was $250, and its average grant was $300, across 5 grants on its 2024 IRS Form 990-PF.
Where does Floyd B & Helen M Thormann Foundation Inc give grants?
Floyd B & Helen M Thormann Foundation Inc gives mostly in Michigan: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Floyd B & Helen M Thormann Foundation Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Floyd B & Helen M Thormann Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Floyd B & Helen M Thormann Foundation Inc's largest grantees?
Floyd B & Helen M Thormann Foundation Inc's largest 2024 grantees include Purple Rose Theater ($500), Hospice of Michigan ($250) and Alternatives for Girls ($250), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.
How much is Floyd B & Helen M Thormann Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Floyd B & Helen M Thormann Foundation Inc reported a distributable amount of $86 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Floyd B & Helen M Thormann Foundation Inc's EIN?
Floyd B & Helen M Thormann Foundation Inc's EIN (Employer Identification Number) is 38-3342992. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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