Thank Heaven Foundation

DALLAS, TX EIN: 26-1800335

Thank Heaven Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 9 grants totaling $195K. Net investment income was $55K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$866K

+6.5% YoY

Annual Giving

$195K

-13.1% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$22K

-3.5% YoY

Under IRS private-foundation payout rules, Thank Heaven Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.

About Thank Heaven Foundation

Based on IRS filings

Thank Heaven Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 9 grants totaling $195K. Net investment income was $55K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BurbankDallasHoustonLansdownePlanoRedlandsRestonTylerWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75K$149K$224K$299K20202021202220232024
Metric202420232022
Total Assets$865,588$812,898$768,058
Revenue$249,827$271,456$254,218
Expenses$197,137$226,616$221,807
Qualifying Distributions$195,000$224,500$220,000
Net Investment Income$54,827$41,456$58,274
Distributable Amount$98,820$64,899$59,327

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$112K$168K$225K5 grants202011 grants202110 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

CHILDREN MEDICAL CENTER …$25KFAMILY RESEARCH COUNCIL$25KFIRST LIBERTY$25KMD ANDERSON CENTER$25KMEDIA RESEARCH CENTER$25KPRISON FELLOWSHIP$25KSOUTHWESTERN MEDICAL FOU…$25KMASTERMEDIA INTERNATIONAL$10KPARENTS TELEVISION AND M…$10K

Grant Size Distribution

45 grants across all recorded years

43<$50K2$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 Children Medical Center Foundation ($25,000), Family Research Council ($25,000), First Liberty ($25,000).

RecipientPurposeAmount
CHILDREN MEDICAL CENTER FOUNDATION DALLAS, TXCHARITABLE DONATION$25,000
FAMILY RESEARCH COUNCIL WASHINGTON, DCCHARITABLE DONATION$25,000
FIRST LIBERTY PLANO, TXCHARITABLE DONATION$25,000
MASTERMEDIA INTERNATIONAL REDLANDS, CACHARITABLE DONATIONCHARITABLE DONATION$10,000
MD ANDERSON CENTER HOUSTON, TXCHARITABLE DONATION$25,000
MEDIA RESEARCH CENTER RESTON, VACHARITABLE DONATION$25,000
PARENTS TELEVISION AND MEDIA COUNCIL BURBANK, CACHARITABLE DONATION$10,000
PRISON FELLOWSHIP LANSDOWNE, VACHARITABLE DONATION$25,000
SOUTHWESTERN MEDICAL FOUNDATION DALLAS, TXCHARITABLE DONATION$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOE C THOMPSON JRDIRECTOR, PRESIDENT
SHANNON SAALFIELD THOMPSONASSISTANT SECRETARY
DOROTHY T POSTONSECRETARY
JOSEPH C THOMPSON IIIVICE PRESIDENT
SHANNON T BRADFORDTREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Thank Heaven Foundation?

Thank Heaven Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $866K in total assets as of 2024.

How large is Thank Heaven Foundation?

As of 2024, Thank Heaven Foundation holds $866K in total assets with $250K in annual revenue. It awarded 9 grants totaling $195K in 2024.

Where does Thank Heaven Foundation operate?

Thank Heaven Foundation has awarded grants in California, District of Columbia, Texas, Virginia.

What size grants does Thank Heaven Foundation award?

In 2024, Thank Heaven Foundation awarded 9 grants totaling $195K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Thank Heaven Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thank Heaven Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Thank Heaven Foundation's EIN?

Thank Heaven Foundation's EIN (Employer Identification Number) is 26-1800335. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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