Terry & Judy Thomas Foundation

Private foundation · Grantmaker Carthage, MS EIN: 46-3032065

The Terry & Judy Thomas Foundation is a private foundation based in Carthage, Mississippi. In 2025, it gave $73,500 through 19 grants to charitable organizations, including churches and organizations working in areas such as international relief, homelessness, child welfare, and senior services.

Key facts about Terry & Judy Thomas Foundation

In short: Terry & Judy Thomas Foundation gave $74K across 19 grants in 2025 (avg $4K), mostly in Mississippi. 32% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
46-3032065
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$73,500
Grants made (2025)
19
Average grant
$3,868
Median grant
$1,000
New grantees (estimate)
32% first-time grantees (6 of 19, 2025)
Total assets
$87,512
Primary geography
Mississippi (69% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$88K

+14.6% YoY

Annual Giving

$74K

+45.6% YoY

Grant Count

19

+18.8% YoY

Avg Grant Size

$4K

+22.6% YoY

Under IRS private-foundation payout rules, Terry & Judy Thomas Foundation reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

Is Terry & Judy Thomas Foundation open to new grantees?

32%

first-time grantees, 2025

In 2025, 6 of 19 grantees (32%) were first-time recipients. First grants averaged $5K; repeat grants $3K. How we count

Medians: $3K first-time, $1K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving grew 103% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants show support for organizations including churches, a rescue mission, a children’s hospital, an orphanage, and organizations serving seniors and people in need.

Grantees describe their own work in varied terms. Samaritan’s Purse says it provides spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine. Gateway Rescue Mission says it serves homeless men, women, and children through food, shelter, counseling, and discipleship. The Rock Campus Outreach says it spreads the gospel to college and high school students, athletes, coaches, and faculty.

Grantmaking

In 2025, the foundation awarded 19 grants totaling $73,500. Grant amounts ranged from $500 to $19,500, with a median grant of $1,000.

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Geographic Focus

Where this funder awards grants

In 2025, 69% of grant dollars went to recipients in Mississippi, 15% to Tennessee, 14% to North Carolina, 1% to Kansas, and 1% to New York.

Grant Distribution by State

14states

Share of 2025 grant dollars across all 19 itemized grants.

Cities

CarthageJacksonTupeloBooneFrench CampMemphisPhoenixJacksonvilleMeridianFlowoodNew YorkThousand OakClarksburgWashingtonAmericusAtlantaNew OrleansSan DiegoBirminghamMurfreesboro

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K18 grants2019 20 grants2020 21 grants2021 22 grants2022 11 grants2023 16 grants2024 19 grants2025

From 2019 to 2025, annual grant giving ranged from $30K (2020) to $74K (2025). In 2025 it made 19 grants totaling $74K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Carthage Methodist Church: $20KCarthage Methodist Church$20KSamaritan's Purse: $10KSamaritan's Purse$10KSt Jude Children's Hospital: $10KSt Jude Children's Hospital$10KGateway Rescue Mission: $10KGateway Rescue Mission$10KOnesimus House: $5KOnesimus House$5KTrinity Baptist Church: $5KTrinity Baptist Church$5KMethodist Senior Services: $4KMethodist Senior Services$4KFreetrade Church of God: $2KFreetrade Church of God$2KDancing Rabbit Genealogical Society: $2KDancing Rabbit GenealogicalSociety$2KAmerican Family Association: $1KAmerican Family Association$1K

The largest 2025 recipient was Carthage Methodist Church ($20K). Together the top 10 received $68K.

Grant Size Distribution

89 grants across all recorded years

89<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 89 grants of 89 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Carthage Methodist Church Carthage, MSChurch Activities$19,500
Samaritan's Purse Boone, NCInternational Relief$10,000
St Jude Children's Hospital Memphis, TNProvide Care to Sick Children$10,000
Gateway Rescue Mission Jackson, MSHomeless Mission Support$9,500
Onesimus House Philadelphia, MSTo Provide Support for the Organization's Mission$5,000
Trinity Baptist Church Carthage, MSTo Provide Support for the Organization's Mission$5,000
Methodist Senior Services Tupelo, MSAssist Senior Citizens$4,000
Freetrade Church of God Carthage, MSTo Support Prison Ministries$2,000
Dancing Rabbit Genealogical Society Carthage, MSTo Provide Support for the Organization's Mission$1,500
American Family Association Tupelo, MSSupport Organization's Mission$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $87,512 $87,197 $76,057 $73,500 19
2024 $76,372 $48,932 $52,410 $50,482 16
2023 $79,850 $44,920 $49,622 $47,700 11
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$87,512$76,372$79,850
Revenue$87,197$48,932$44,920
Expenses$76,057$52,410$49,622
Qualifying Distributions$73,500$50,482$47,700
Net Investment Income$86,688$48,574$44,551
Distributable Amount$2,629$2,550$4,420

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 1, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 17, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 17, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 29, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 19, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Terry G. Thomas as trustee.

Terry & Judy Thomas Foundation is led by Terry G. Thomas, Trustee on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Terry G. Thomas

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 410 Woodhaven Drive, Carthage, MS 39051
Phone: (601) 267-4539

Frequently asked questions about Terry & Judy Thomas Foundation

How much does Terry & Judy Thomas Foundation give each year?

Terry & Judy Thomas Foundation gave $74K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 16 grants.

What is Terry & Judy Thomas Foundation's typical grant size?

Terry & Judy Thomas Foundation's median grant in 2025 was $1,000, and its average grant was $3,868, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Terry & Judy Thomas Foundation that year got $5K on average.

Where does Terry & Judy Thomas Foundation give grants?

Terry & Judy Thomas Foundation gives mostly in Mississippi: 69% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (15%) and North Carolina (14%). The most frequent recipient cities were Carthage, MS (4 grants), Jackson, MS (3 grants) and Tupelo, MS (2 grants).

Does Terry & Judy Thomas Foundation give general operating support?

Not in 2025: none of the 19 grants with a stated purpose on Terry & Judy Thomas Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Provide Support for the Organization's Mission" (7 grants).

Who are Terry & Judy Thomas Foundation's largest grantees?

Terry & Judy Thomas Foundation's largest 2025 grantees include Carthage Methodist Church ($19,500), Samaritan's Purse ($10,000) and St Jude Children's Hospital ($10,000), according to its 2025 IRS Form 990-PF. Together they received 54% of its itemized 2025 grant dollars.

How large is Terry & Judy Thomas Foundation?

Terry & Judy Thomas Foundation reported $88K in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What does Terry & Judy Thomas Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants show support for organizations including churches, a rescue mission, a children’s hospital, an orphanage, and organizations serving seniors and people in need. See mission & focus areas ↑

How do I apply for a grant from Terry & Judy Thomas Foundation?

The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Terry & Judy Thomas Foundation's EIN?

Terry & Judy Thomas Foundation's EIN (Employer Identification Number) is 46-3032065. IRS Form 990 filing data is available on this page for 2019–2025.

Does Terry & Judy Thomas Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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