Kenneth W Thomas Memorial Trust
Kenneth W Thomas Memorial Trust is a private foundation, based in Po Box Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 3 grants totaling $79K. Net investment income was $85K.
Kenneth W Thomas Memorial Trust at a glance
In short: Kenneth W Thomas Memorial Trust gave $79K across 3 grants in 2025 (avg $26K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $79,251
- +0.0% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $26,417
- +0.0% vs 2024
- Median grant
- $23,775
- Total assets
- $1,878,970
- -0.3% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Kenneth W Thomas Memorial Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Northwestern University ($40K). Together the top 3 received $79K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Kenneth W Thomas Memorial Trust gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025, annual grant giving ranged from $77K (2021) to $95K (2023). In 2025 it made 3 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern University Evanston, IL | General Support | $39,626 |
| St Luke's Christian Community Church Morton Grove, IL | General Support | $23,775 |
| Leukemia Research Foundation Northfield, IL | General Support | $15,850 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,878,970 | $97,623 | $103,233 | $79,251 | 3 | $96,065 | $85,415 | $108,052 |
| 2024 | $1,884,714 | $55,605 | $102,545 | $79,251 | 3 | $95,185 | $56,397 | $99,239 |
| 2023 | $1,931,470 | $-144,520 | $117,547 | $94,702 | 3 | $109,858 | $50,792 | $94,407 |
| 2022 | $2,193,308 | $88,384 | $111,056 | $79,215 | 3 | $88,734 | $82,205 | $104,218 |
| 2021 | $2,216,713 | $599,461 | $114,173 | $76,918 | 3 | — | $585,106 | $98,840 |
| 2020 | $1,731,636 | $113,307 | $123,531 | $93,062 | 3 | — | $100,885 | $95,192 |
Under IRS private-foundation payout rules, Kenneth W Thomas Memorial Trust reported a distributable amount of $108K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kenneth W Thomas Memorial Trust's only listed officer is Northern Trust Company, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Northern Trust Company
Trustee
On filings since 2020
40 hrs/week
$27K (2020) → $21K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $21K, to Northern Trust Company (Trustee).
Frequently asked questions about Kenneth W Thomas Memorial Trust
How much does Kenneth W Thomas Memorial Trust give each year?
Kenneth W Thomas Memorial Trust gave $79K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $79K across 3 grants.
What is Kenneth W Thomas Memorial Trust's typical grant size?
Kenneth W Thomas Memorial Trust's median grant in 2025 was $23,775, and its average grant was $26,417, across 3 grants on its 2025 IRS Form 990-PF.
Where does Kenneth W Thomas Memorial Trust give grants?
Kenneth W Thomas Memorial Trust gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Kenneth W Thomas Memorial Trust give general operating support?
Yes: 100% of Kenneth W Thomas Memorial Trust's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Kenneth W Thomas Memorial Trust?
Kenneth W Thomas Memorial Trust reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $96K in qualifying distributions that year, against a required minimum of $108K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Kenneth W Thomas Memorial Trust's EIN?
Kenneth W Thomas Memorial Trust's EIN (Employer Identification Number) is 36-6828197. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 17, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS December 19, 2025)
- IRS filings on file for fiscal years 2020–2025
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