L & G Thomas Family Foundation
L & G Thomas Family Foundation is a private foundation, based in THOUSAND OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $460K in total assets. In 2024, it awarded 11 grants totaling $30K. Net investment income was $43K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$460K
+2.1% YoY
Annual Giving
$30K
+7.4% YoY
Grant Count
11
+120.0% YoY
Avg Grant Size
$3K
-51.2% YoY
Under IRS private-foundation payout rules, L & G Thomas Family Foundation reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About L & G Thomas Family Foundation
Based on IRS filings
L & G Thomas Family Foundation is a private foundation, based in THOUSAND OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $460K in total assets. In 2024, it awarded 11 grants totaling $30K. Net investment income was $43K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $459,759 | $450,151 | $424,072 |
| Revenue | $51,812 | $64,256 | $66,089 |
| Expenses | $42,204 | $38,177 | $60,030 |
| Qualifying Distributions | $32,085 | $27,900 | $48,653 |
| Net Investment Income | $42,510 | $53,848 | $54,762 |
| Distributable Amount | $70,783 | $60,093 | $60,987 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Conejo Church ($15,000), Food Share Inc ($5,000), James Stonehouse ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CONEJO CHURCH THOUSAND OAKS, CA | RELIGIOUS | $15,000 |
| FOOD SHARE INC OXNARD, CA | HUMANITARIAN AID | $5,000 |
| JAMES STONEHOUSE NEWBURY PARK, CA | HUMANITARIAN AID | $2,500 |
| ALZHEIMER ASSOCIATION CHICAGO, IL | MEDICAL | $1,000 |
| NO KID HUNGRY WASHINGTON, DC | HUMANITARIAN AID | $1,500 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | MEDICAL | $2,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | MEDICAL | $1,000 |
| MAKE-A-WISH FOUNDATION OF AMERICA PHOENIX, AZ | HUMANITARIAN AID | $200 |
| MEALS ON WHEELS ARLINGTON, VA | HUMANITARIAN AID | $500 |
| ST JOSEPH'S INDIAN SCHOOL CHAMBERLAIN, SD | EDUCATION | $255 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE THOMAS | PRESIDENT | — | — |
| GINA THOMAS | SECRETARY | — | — |
Frequently Asked Questions
How large is L & G Thomas Family Foundation?
As of 2024, L & G Thomas Family Foundation holds $460K in total assets with $52K in annual revenue. It awarded 11 grants totaling $30K in 2024.
Where does L & G Thomas Family Foundation operate?
L & G Thomas Family Foundation has awarded grants in Arizona, California, District of Columbia, Georgia, Illinois, Missouri, North Carolina, Nebraska, New York, South Dakota, Texas, Virginia.
What size grants does L & G Thomas Family Foundation award?
In 2024, L & G Thomas Family Foundation awarded 11 grants totaling $30K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is L & G Thomas Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, L & G Thomas Family Foundation reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is L & G Thomas Family Foundation's EIN?
L & G Thomas Family Foundation's EIN (Employer Identification Number) is 95-4663947. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in L & G Thomas Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.