Joseph and Mildred Thelen Memorial

PHILADELPHIA, PA EIN: 87-4037959

Joseph and Mildred Thelen Memorial is a private foundation, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.3M in total assets. In 2024, it awarded 10 grants totaling $436K. Net investment income was $555K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.3M

+2.4% YoY

Annual Giving

$436K

+8.9% YoY

Grant Count

10

+400.0% YoY

Avg Grant Size

$44K

-78.2% YoY

Under IRS private-foundation payout rules, Joseph and Mildred Thelen Memorial reported a distributable amount of $536K for 2024 — the minimum it must pay out in qualifying distributions.

About Joseph and Mildred Thelen Memorial

Based on IRS filings

Joseph and Mildred Thelen Memorial is a private foundation, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.3M in total assets. In 2024, it awarded 10 grants totaling $436K. Net investment income was $555K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Bryn MawrChicagoCincinnatiCosta MesaMiamiNew YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M2021202220232024
Metric202420232022
Total Assets$10,340,361$10,096,701$10,087,705
Revenue$561,963$457,019$241,515
Expenses$468,303$448,023$153,821
Qualifying Distributions$452,132$400,000$150,000
Net Investment Income$554,954$449,099$241,515
Distributable Amount$536,029$502,793$481,355

Giving Over Time

Total grant dollars and number of grants per year

$0$109K$218K$327K$436K0 grants20211 grants20222 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE NETHERLAND-AMERICA F…$150KTHE POPULATION COUNCIL INC$100KCHILDRENS HOSPITAL OF PH…$50KSUNDARI FOUNDATION INC$50KPROJECT HOME GLORIA CASA…$35KBIG BROTHERS BIG SISTERS…$15KTHE EVOLUER HOUSE$15KROCKDALE TEMPLE$10KJACK M BARRACK HEBREW AC…$10KCHICAGO COALITION TO END…$516

Grant Size Distribution

13 grants across all recorded years

6<$50K2$50–100K4$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 The Netherland-america Foundation Inc ($150,000), The Population Council Inc ($100,000), Childrens Hospital of Philadelphia Foundation ($50,000).

RecipientPurposeAmount
THE POPULATION COUNCIL INC NEW YORK, NYUNRESTRICTED$100,000
CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION PHILADELPHIA, PAUNRESTRICTED$50,000
SUNDARI FOUNDATION INC MIAMI, FLUNRESTRICTED$50,000
PROJECT HOME GLORIA CASAREZ RESIDENCE PHILADELPHIA, PAUNRESTRICTED$35,000
BIG BROTHERS BIG SISTERS INDEPENDENCE REGION PHILADELPHIA, PAUNRESTRICTED$15,000
THE EVOLUER HOUSE PHILADELPHIA, PAUNRESTRICTED$15,000
ROCKDALE TEMPLE CINCINNATI, PAUNRESTRICTED$10,000
JACK M BARRACK HEBREW ACADEMY BRYN MAWR, PAUNRESTRICTED$10,000
CHICAGO COALITION TO END HOMELESSNESS CHICAGO, PAUNRESTRICTED$516
THE NETHERLAND-AMERICA FOUNDATION INC NEW YORK, NYUNRESTRICTED$150,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KRISTIN JOHNSONDIRECTOR, PRES, TREAS, SECR0.5

Frequently Asked Questions

How large is Joseph and Mildred Thelen Memorial?

As of 2024, Joseph and Mildred Thelen Memorial holds $10.3M in total assets with $562K in annual revenue. It awarded 10 grants totaling $436K in 2024.

Where does Joseph and Mildred Thelen Memorial operate?

Joseph and Mildred Thelen Memorial has awarded grants in California, Florida, New York, Pennsylvania.

What size grants does Joseph and Mildred Thelen Memorial award?

In 2024, Joseph and Mildred Thelen Memorial awarded 10 grants totaling $436K — an average of about $44K per grant, based on its IRS Form 990 filings.

How much is Joseph and Mildred Thelen Memorial required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph and Mildred Thelen Memorial reported a distributable amount of $536K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph and Mildred Thelen Memorial's EIN?

Joseph and Mildred Thelen Memorial's EIN (Employer Identification Number) is 87-4037959. IRS Form 990 filing data is available on this page for 2021–2024.

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

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