Margaret & Martha Thomas Foundation
Margaret & Martha Thomas Foundation is a private foundation, based in Wymore, NE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.6M in total assets. In 2025, it awarded 1 grant totaling $38K. Net investment income was $430K.
Margaret & Martha Thomas Foundation at a glance
In short: Margaret & Martha Thomas Foundation gave $38K across 1 grant in 2025 (avg $38K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $37,500
- -86.9% vs 2024
- Grants made (2025)
- 1
- -91.7% vs 2024
- Average grant
- $37,500
- +57.4% vs 2024
- Median grant
- $37,500
- Total assets
- $6,556,520
- +4.7% vs 2024
- Primary geography
- Nebraska (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 Margaret & Martha Thomas Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Southeast Community Foundation ($38K).
Grant Size Distribution
58 grants across all recorded years
The most common grant size was under $50K: 50 grants of 58 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Margaret & Martha Thomas Foundation gives
- Giving fell 90% from 2022 to 2025. Method
- In 2025 it paid out 10% 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 2021 to 2025, annual grant giving ranged from $38K (2025) to $379K (2023). In 2025 it made 1 grant totaling $38K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southeast Community Foundation Lincoln, NE | Scholarships | $37,500 |
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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 | $6,556,520 | $430,447 | $133,332 | $37,500 | 1 | $37,500 | $430,447 | $374,718 |
| 2024 | $6,259,409 | $-64,113 | $376,215 | $285,810 | 12 | $285,810 | $73,841 | $343,819 |
| 2023 | $6,693,452 | $-153,606 | $464,223 | $378,633 | 18 | $378,633 | $87,145 | $325,665 |
| 2022 | $7,335,957 | $1,470,717 | $476,909 | $367,914 | 13 | $367,914 | $1,361,722 | $365,728 |
| 2021 | $6,355,559 | $207,850 | $474,574 | $367,932 | 14 | — | $104,131 | $377,303 |
Under IRS private-foundation payout rules, Margaret & Martha Thomas Foundation reported a distributable amount of $375K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Margaret & Martha Thomas Foundation is led by Dean Marples, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dean Marples
President
On filings since 2021
1 hr/week
No compensation reported
Larry Anderson
V.president
Vice President → V.president, 2023
On filings since 2021
1 hr/week
No compensation reported
Michael E. Willet
Secretary & Treasurer
Secretarytreasurer → Secretary & Treasurer, 2023
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Margaret & Martha Thomas Foundation
How much does Margaret & Martha Thomas Foundation give each year?
Margaret & Martha Thomas Foundation gave $38K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $286K across 12 grants.
How large is Margaret & Martha Thomas Foundation?
Margaret & Martha Thomas Foundation reported $6.6M in total assets on its 2025 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $375K (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.
Where does Margaret & Martha Thomas Foundation operate?
Margaret & Martha Thomas Foundation has awarded grants in Nebraska.
What is Margaret & Martha Thomas Foundation's EIN?
Margaret & Martha Thomas Foundation's EIN (Employer Identification Number) is 20-3652030. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Margaret & Martha Thomas Foundation funds
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