Margaret & Martha Thomas Foundation

Private foundation · Grantmaker Wymore, NE EIN: 20-3652030

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.

Key facts about Margaret & Martha Thomas Foundation

In short: Margaret & Martha Thomas Foundation gave $38K across 1 grant in 2025 (avg $38K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.

EIN
20-3652030
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$37,500
Grants made (2025)
1
Average grant
$37,500
Median grant
$37,500
Total assets
$6,556,520
Primary geography
Nebraska (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$6.6M

+4.7% YoY

Annual Giving

$38K

-86.9% YoY

Grant Count

1

-91.7% YoY

Avg Grant Size

$38K

+57.4% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

WymoreBeatriceLincolnBlue SpringsBarnestonPickrellDewittAdamsBeatrceFilleyOdellSeward

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K14 grants2021 13 grants2022 18 grants2023 12 grants2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $38K (2025) to $379K (2023). In 2025 it made 1 grant totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Southeast Community Foundation: $38KSoutheast Community Foundation$38K

The largest 2025 recipient was Southeast Community Foundation ($38K).

Grant Size Distribution

58 grants across all recorded years

50<$50K7$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 50 grants of 58 (86%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Southeast Community Foundation Lincoln, NEScholarships$37,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,556,520$6,259,409$6,693,452
Revenue$430,447$-64,113$-153,606
Expenses$133,332$376,215$464,223
Qualifying Distributions$37,500$285,810$378,633
Net Investment Income$430,447$73,841$87,145
Distributable Amount$374,718$343,819$325,665

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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 2022 report compensation.

Officers on the 2022 filing

The latest filing that lists officers: our copy of the 2023–2025 filings list none.

  • Dean Marples

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Larry Anderson

    Vice President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michael E. Willet

    Secretarytreasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2022. "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 September 2026. Sourced from IRS Form 990-PF filings.

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