Paul R Thompson & Bertha M Thompson

LARCHWOOD, IA EIN: 84-6730157

Paul R Thompson & Bertha M Thompson is a private foundation, based in LARCHWOOD, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 3 grants totaling $200K. Net investment income was $145K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.1M

-1.9% YoY

Annual Giving

$200K

+17.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$67K

+17.6% YoY

Under IRS private-foundation payout rules, Paul R Thompson & Bertha M Thompson reported a distributable amount of $165K for 2024 — the minimum it must pay out in qualifying distributions.

About Paul R Thompson & Bertha M Thompson

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $765K (100%)

States

Minnesota

Cities

Hills

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,075,206	$3,134,922	$3,209,090
Revenue	$157,307	$119,285	$84,052
Expenses	$217,023	$193,453	$141,270
Qualifying Distributions	$203,407	$175,017	$125,910
Net Investment Income	$145,353	$102,947	$70,829
Distributable Amount	$164,997	$162,085	$167,673

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

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tuff Memorial Home Apartment Fdtn ($100,000), Bethlehem Lutheran Church ($70,000), Hills Fire Department ($30,000).

Recipient	Purpose	Amount
BETHLEHEM LUTHERAN CHURCH HILLS, MN	PRIMARILY FOR THE MAINTENANCE, REPAIR, AND RENOVATIONS OF THE CHURCH BUILDING, CHURCH PARSONAGE AND CHURCH CEMETERY.	$70,000
TUFF MEMORIAL HOME APARTMENT FDTN HILLS, MN	SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE OF PROVIDING SAFE AND CARING LIVING QUARTERS AND PERSONAL SERVICES FOR INDIVIDUALS IN NEED.	$100,000
HILLS FIRE DEPARTMENT HILLS, MN	SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE OF PROVIDING FIRE PROTECTION AND RESCUE OPERATIONS.	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DEAN H GOETTSCH	CO-TRUSTEE	0.25	—
RODNEY B BONANDER	CO-TRUSTEE	0.25	—
ERIC HOYME	CO-TRUSTEE	0.25	—

Frequently Asked Questions

How large is Paul R Thompson & Bertha M Thompson?

As of 2024, Paul R Thompson & Bertha M Thompson holds $3.1M in total assets with $157K in annual revenue. It awarded 3 grants totaling $200K in 2024.

Where does Paul R Thompson & Bertha M Thompson operate?

Paul R Thompson & Bertha M Thompson has awarded grants in Minnesota.

What size grants does Paul R Thompson & Bertha M Thompson award?

In 2024, Paul R Thompson & Bertha M Thompson awarded 3 grants totaling $200K — an average of about $67K per grant, based on its IRS Form 990 filings.

How much is Paul R Thompson & Bertha M Thompson required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Paul R Thompson & Bertha M Thompson reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Paul R Thompson & Bertha M Thompson's EIN?

Paul R Thompson & Bertha M Thompson's EIN (Employer Identification Number) is 84-6730157. IRS Form 990 filing data is available on this page for 2020–2024.