Thaman Family Foundation ICA
Thaman Family Foundation ICA is a private foundation, based in Toledo, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 7 grants totaling $1.2M. Net investment income was $543K.
Thaman Family Foundation ICA at a glance
In short: Thaman Family Foundation ICA gave $1.2M across 7 grants in 2025 (avg $167K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,166,437
- +80.3% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $166,634
- +80.3% vs 2024
- Median grant
- $40,887
- Total assets
- $2,263,661
- -22.3% vs 2024
- Primary geography
- Ohio (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Thaman Family Foundation ICA funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Toledo Museum of Art ($1.0M). Together the top 7 received $1.2M.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 35 grants of 50 (70%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How Thaman Family Foundation ICA gives
- Giving grew 114% from 2022 to 2025. Method
- In 2025 it paid out 628% 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 2020 to 2025, annual grant giving ranged from $198K (2021) to $1.2M (2025). In 2025 it made 7 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Toledo Museum of Art Toledo, OH | Strategic Plan Support and Membership | $1,000,000 |
| Evans Scholar Foundation Glenview, IL | Installment of Pledge | $50,000 |
| Princeton University Princeton, NJ | Michael Thaman Venture Forward Scholarship | $50,000 |
| The Cleveland Clinic Foundation Cleveland, OH | General | $40,887 |
| Show Hope Franklin, TN | General | $12,500 |
| Toledo Ballet Toledo, OH | General | $10,050 |
| St Ignatius High School Cleveland, OH | Pledge Payment | $3,000 |
Ready to take the next step with Thaman Family Foundation ICA?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,263,661 | $556,349 | $1,207,703 | $1,166,437 | 7 | $1,166,437 | $542,502 | $185,642 |
| 2024 | $2,915,015 | $221,893 | $3,652,743 | $646,802 | 7 | — | $195,076 | $362,618 |
| 2023 | $6,345,866 | $201,788 | $458,899 | $426,056 | 14 | $426,846 | $169,941 | $351,894 |
| 2022 | $6,603,509 | $316,874 | $602,464 | $544,303 | 9 | $561,903 | $283,771 | $365,242 |
| 2021 | $6,890,903 | $407,687 | $234,307 | $197,816 | 13 | $198,016 | $370,950 | $397,530 |
| 2020 | $6,719,003 | $37,884 | $366,805 | $330,694 | 14 | — | $96,587 | $343,154 |
Under IRS private-foundation payout rules, Thaman Family Foundation ICA reported a distributable amount of $186K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Thaman Family Foundation ICA is led by Michael Thaman, President Treasurer Secretary since 2024 (on filings since 2020); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Thaman
President Treasurer Secretary
Treasurer & Secretary → President Treasurer Secretary, 2024
On filings since 2020
No compensation reported
John Melick
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Lisa Gathard (2020–2023) — President & Chair
Data from IRS Form 990 filings, 2020–2025. "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 Thaman Family Foundation ICA
How much does Thaman Family Foundation ICA give each year?
Thaman Family Foundation ICA gave $1.2M across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $647K across 7 grants.
What is Thaman Family Foundation ICA's typical grant size?
Thaman Family Foundation ICA's median grant in 2025 was $40,887, and its average grant was $166,634, across 7 grants on its 2025 IRS Form 990-PF.
Where does Thaman Family Foundation ICA give grants?
Thaman Family Foundation ICA gives mostly in Ohio: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Toledo, OH (2 grants) and Cleveland, OH (2 grants).
Does Thaman Family Foundation ICA give general operating support?
Yes: 43% of Thaman Family Foundation ICA's 2025 grants with a stated purpose (3 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Thaman Family Foundation ICA's largest grantees?
Thaman Family Foundation ICA's largest 2025 grantees include Toledo Museum of Art ($1,000,000), Evans Scholar Foundation ($50,000) and Princeton University ($50,000), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.
How large is Thaman Family Foundation ICA?
Thaman Family Foundation ICA reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $186K (roughly 5% of its investment assets).
What is Thaman Family Foundation ICA's EIN?
Thaman Family Foundation ICA's EIN (Employer Identification Number) is 45-0669361. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 24, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Thaman Family Foundation ICA's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Ohio
Hylant Family Foundation Inc
Toledo, OH
The Hylant Family Foundation supports charitable, educational, religious, and scientific organizations, including work in education, healthcare, arts, human services, conservation, and research. Its 2024 grants ranged from $100 to $200,000, with a median of $2,500, and primarily supported organizations in Ohio, Indiana, and Michigan. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
—
Grants
63
Total Given
$849K
Firstenergy Foundation
Akron, OH
The FirstEnergy Foundation supports eligible nonprofits working on community needs such as housing stability, hunger relief, workforce development, education, safety and STEM in FirstEnergy’s service area and other places where it does business. Its 2024 grants ranged from $25 to $5.3 million, with a median of $1,375. It does not accept unsolicited grant applications.
Assets
$124.9M
Grants
151
Total Given
$7.2M
Synchrony Foundation
Stamford, CT
In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$72.3M
Grants
394
Total Given
$20.5M
Jocarno Fund
Oak Park, IL
JOCARNO FUND supports organizations working in areas such as conservation and nature education, youth development, immigrant support, and music, with 2024 grants ranging from $500 to $24,840 and a median of $2,000. Based in Oak Park, Illinois, it gave primarily in Illinois, with grants also reported in Ohio, Virginia, New York, and Wisconsin. It accepts written applications, but the filing does not say whether it accepts unsolicited requests.
Assets
$564K
Grants
69
Total Given
$178K
Columbus Foundation
Columbus, OH
The Columbus Foundation supports a broad range of nonprofit work, including arts, education, health, basic needs, neighborhoods, and capacity building, primarily in central Ohio. Its 2024 grants had a median of $21,471, though amounts varied widely. Most grants are directed by donors and aren’t made through an application process, but some specific programs accept applications.
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
The Greater Cincinnati Foundation
Cincinnati, OH
The Greater Cincinnati Foundation funds nonprofits working on education, housing, community and cultural vibrancy, and related regional needs, with responsive grants focused on its eight-county Greater Cincinnati service area. Its 2024 median grant was $20,000, though amounts vary widely; specific opportunities include awards of up to $35,000 for Resilient Communities and up to $450,000 through the Neighborhood Development Fund. It lists RFP and letter-of-intent opportunities but does not state whether it accepts unsolicited requests.
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Thaman Family Foundation ICA's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Thaman Family Foundation ICA down — hundreds of funders to go?