Frances E Thigpen

Foundation · Grantmaker SAINT LOUIS, MO EIN: 25-6854366

Frances E Thigpen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $862K in total assets. In 2024, it awarded 1 grants totaling $44K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$862K

-2.1% YoY

Annual Giving

$44K

-4.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$44K

-4.3% YoY

Under IRS private-foundation payout rules, Frances E Thigpen reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

About Frances E Thigpen

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $232K (100%)

States

North Carolina

Cities

Salisbury

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$862,427	$880,549	$917,535
Revenue	$41,884	$25,647	$35,093
Expenses	$60,849	$61,778	$70,377
Qualifying Distributions	$46,642	$48,507	$54,526
Net Investment Income	$27,007	$14,440	$21,013
Distributable Amount	$49,639	$46,167	$48,840

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Milford Hills United Methd Chrch ($44,000).

Recipient	Purpose	Amount
MILFORD HILLS UNITED METHD CHRCH SALISBURY, NC	GENERAL OPERATING	$44,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$15,404

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Frances E Thigpen?

Frances E Thigpen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $862K in total assets as of 2024.

How large is Frances E Thigpen?

As of 2024, Frances E Thigpen holds $862K in total assets with $42K in annual revenue. It awarded 1 grants totaling $44K in 2024.

Where does Frances E Thigpen operate?

Frances E Thigpen has awarded grants in North Carolina.

What size grants does Frances E Thigpen award?

In 2024, Frances E Thigpen awarded 1 grants totaling $44K — an average of about $44K per grant, based on its IRS Form 990 filings.

How much is Frances E Thigpen required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frances E Thigpen reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.