Multiply Seed Foundation Inc

Foundation · Grantmaker LITTLETON, CO EIN: 84-1483966

Multiply Seed Foundation Inc is a private foundation focused on Religion Related, based in LITTLETON, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 3 grants totaling $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6K

-44.1% YoY

Annual Giving

$9K

+261.7% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$3K

+141.1% YoY

Under IRS private-foundation payout rules, Multiply Seed Foundation Inc reported a distributable amount of $517 for 2024 — the minimum it must pay out in qualifying distributions.

About Multiply Seed Foundation Inc

Based on IRS filings

Focus Areas

Religion Related

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $11K (39%)

Nevada $10K (35%)

Maryland $4K (15%)

Iowa $2K (8%)

Florida $400 (1%)

California $200 (1%)

Minnesota $200 (1%)

States

California Florida Iowa Maryland Minnesota North Carolina Nevada

Cities

Albert LeaBooneCarCaryEastonLas VegasOrlandoSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,328	$11,328	$11,328
Revenue	$3,500	$2,350	$2,100
Expenses	$8,500	$2,350	$2,110
Qualifying Distributions	$8,500	$2,350	$2,100
Net Investment Income	—	—	—
Distributable Amount	$517	$558	$558

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Samaritans Purse ($6,200), Sat7 ($1,200), Trans World Radio ($1,100).

Recipient	Purpose	Amount
SAT7 Boone, IA	General purposes	$1,200
Samaritans Purse Boone, NC	General purposes	$6,200
Trans World Radio Cary, NC	General purposes.	$1,100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Dennis W Thome	President	4	—
Penelope Lee Thome	Secretary	2	—

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Multiply Seed Foundation Inc?

Multiply Seed Foundation Inc is a private foundation focused on Religion Related, based in LITTLETON, CO. It holds $6K in total assets as of 2024.

How large is Multiply Seed Foundation Inc?

As of 2024, Multiply Seed Foundation Inc holds $6K in total assets with $4K in annual revenue. It awarded 3 grants totaling $9K in 2024.

Where does Multiply Seed Foundation Inc operate?

Multiply Seed Foundation Inc has awarded grants in California, Florida, Iowa, Maryland, Minnesota, North Carolina, Nevada.

What size grants does Multiply Seed Foundation Inc award?

In 2024, Multiply Seed Foundation Inc awarded 3 grants totaling $9K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Multiply Seed Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Multiply Seed Foundation Inc reported a distributable amount of $517 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.