Mitch Thune Memorial Foundation IN
Mitch Thune Memorial Foundation IN is a private foundation, based in Le Sueur, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $62K in total assets. In 2024, it awarded 3 grants totaling $8K.
Mitch Thune Memorial Foundation IN at a glance
In short: Mitch Thune Memorial Foundation IN gave $8K across 3 grants in 2024 (avg $3K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $8,156
- -3.0% vs 2023
- Grants made (2024)
- 3
- -40.0% vs 2023
- Average grant
- $2,719
- +61.6% vs 2023
- Median grant
- $2,156
- Total assets
- $61,948
- +12.3% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mitch Thune Memorial Foundation IN funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was SJU Rugby ($5K). Together the top 3 received $8K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Mitch Thune Memorial Foundation IN gives
- In 2024 it paid out 458% of its IRS minimum distribution (the 5% rule). 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 2022 to 2024, annual grant giving ranged from $8K (2024) to $25K (2022). In 2024 it made 3 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SJU Rugby St Joseph, MN | Donation | $5,000 |
| ISD 2397 - LSH Sports Le Sueur, MN | Donation | $2,156 |
| Dollars for Scholars Le Sueur, MN | Scholarship | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $61,948 | $37,854 | $31,059 | $8,156 | 3 | $8,156 | $1,779 |
| 2023 | $55,153 | $46,419 | $32,046 | $8,410 | 5 | $8,410 | $1,002 |
| 2022 | $40,780 | $51,780 | $51,056 | $24,685 | 5 | $24,685 | — |
Under IRS private-foundation payout rules, Mitch Thune Memorial Foundation IN reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mitch Thune Memorial Foundation IN's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amy Melby
Director
On filings since 2022
No compensation reported
Daniel Fahning
Director
On filings since 2022
No compensation reported
Kathy Thune
Director
On filings since 2022
No compensation reported
Kent Thune
Director
On filings since 2022
No compensation reported
Matthew Thune
Director
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Mitch Thune Memorial Foundation IN
How much does Mitch Thune Memorial Foundation IN give each year?
Mitch Thune Memorial Foundation IN gave $8K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8K across 5 grants.
What is Mitch Thune Memorial Foundation IN's typical grant size?
Mitch Thune Memorial Foundation IN's median grant in 2024 was $2,156, and its average grant was $2,719, across 3 grants on its 2024 IRS Form 990-PF.
Where does Mitch Thune Memorial Foundation IN give grants?
Mitch Thune Memorial Foundation IN gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Le Sueur, MN (2 grants).
Does Mitch Thune Memorial Foundation IN give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Mitch Thune Memorial Foundation IN's 2024 IRS Form 990-PF were described as general or operating support.
How large is Mitch Thune Memorial Foundation IN?
Mitch Thune Memorial Foundation IN reported $62K in total assets on its 2024 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Mitch Thune Memorial Foundation IN's EIN?
Mitch Thune Memorial Foundation IN's EIN (Employer Identification Number) is 87-1443632. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 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 2022–2024
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