Pete Thomas Foundation Inc

THOMASVILLE, GA EIN: 58-2032371

Pete Thomas Foundation Inc is a private foundation, based in THOMASVILLE, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $426K in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$426K

+38.6% YoY

Annual Giving

$15K

-41.2% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$8K

-11.8% YoY

Under IRS private-foundation payout rules, Pete Thomas Foundation Inc reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Pete Thomas Foundation Inc

Based on IRS filings

Pete Thomas Foundation Inc is a private foundation, based in THOMASVILLE, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $426K in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $12K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AbileneAtlantaThomasville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$17K$26K$34K20202021202220232024
Metric202420232022
Total Assets$426,344$307,679$281,281
Revenue$15,020$26,361$16,356
Expenses$17,723$31,297$15,170
Qualifying Distributions$15,108$25,700$13,495
Net Investment Income$12,405$23,964$14,681
Distributable Amount$19,584$14,792$15,099

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$13K$19K$26K1 grants20200 grants20213 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

COMMUNITY FOUNDATION OF …$15KGEORGIA TECH FOUNDATION$350

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community Foundation of South Georgia ($14,758), Georgia Tech Foundation ($350).

RecipientPurposeAmount
COMMUNITY FOUNDATION OF SOUTH GEORGIA THOMASVILLE, GACHARITABLE$14,758
GEORGIA TECH FOUNDATION ATLANTA, GACHARITABLE$350

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT THOMAS IIICHIEF EXECUTIVE OFFICER

Frequently Asked Questions

How large is Pete Thomas Foundation Inc?

As of 2024, Pete Thomas Foundation Inc holds $426K in total assets with $15K in annual revenue. It awarded 2 grants totaling $15K in 2024.

Where does Pete Thomas Foundation Inc operate?

Pete Thomas Foundation Inc has awarded grants in Georgia, Kansas.

What size grants does Pete Thomas Foundation Inc award?

In 2024, Pete Thomas Foundation Inc awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Pete Thomas Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pete Thomas Foundation Inc reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pete Thomas Foundation Inc's EIN?

Pete Thomas Foundation Inc's EIN (Employer Identification Number) is 58-2032371. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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