Thatcher Foundation
The Thatcher Foundation is a private foundation based in Woodland Hills, California. Its 2025 filing reports grants to charitable organizations, including medical, educational, social-service, and cultural organizations.
Thatcher Foundation at a glance
In short: Thatcher Foundation gave $962K across 26 grants in 2025 (avg $37K), mostly in California. 23% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $962,250
- Grants made (2025)
- 26
- Average grant
- $37,010
- Median grant
- $30,000
- Total assets
- $18,428,963
- -1.8% vs 2024
- New grantees (estimate)
- 23% first-time grantees (6 of 26, 2025)
- Primary geography
- California (95% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Thatcher Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 5501 Keokuk Avenue, Woodland Hills, CA 91367
Phone: (818) 990-1125
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Thatcher Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Sansum Santa Barbara Medical Foundation ($85K). Together the top 10 received $537K.
Grant Size Distribution
110 grants across all recorded years
The most common grant size was under $50K: 75 grants of 110 (68%).
Geographic Focus
Where this funder awards grants
In 2025, 95% of grant dollars went to recipients in California and 5% to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 26 itemized grants.
States
Cities
Is Thatcher Foundation open to new grantees?
23%
first-time grantees, 2025
In 2025, 6 of 26 grantees (23%) were first-time recipients. First grants averaged $28K; repeat grants $40K. How we count
Medians: $23K first-time, $30K repeat.
- Giving held roughly steady from 2022 to 2025 (+7%). Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $838K (2020) to $962K (2025). In 2025 it made 26 grants totaling $962K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sansum Santa Barbara Medical Foundation Santa Barbara, CA | To Further Goals of Foundation | $84,500 |
| Foundation for Santa Barbara City College Santa Barbara, CA | To Further Goals of Foundation | $52,750 |
| Amyotrophic Lateral Scierosis Association Canoga Park, CA | To Further Goals of Foundation | $50,000 |
| Child Abuse Listening Mediation Santa Barbara, CA | To Further Goals of Foundation | $50,000 |
| Food Bank of Santa Barbara County Santa Barbara, CA | To Further Goals of Foundation | $50,000 |
| Hospice of Santa Barbara Santa Barbara, CA | To Further Goals of Foundation | $50,000 |
| Lustgarten Foundation Woodbury, NY | To Further Goals of Foundation | $50,000 |
| Nu TKE - Berkeley Chapter Pleasant Hill, CA | To Further Goals of Foundation | $50,000 |
| PBS of Socal (Kcet) Burbank, CA | To Further Goals of Foundation | $50,000 |
| Pepperdine University - Graziadio School of Business Malibu, CA | To Further Goals of Foundation | $50,000 |
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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 | $18,428,963 | $683,924 | $1,025,133 | $962,250 | 26 | $983,050 | $657,478 | $878,232 |
| 2024 | $18,770,172 | $-146,296 | $89,234 | — | — | $17,025 | $438,675 | $879,455 |
| 2023 | $19,005,702 | $-208,819 | $936,600 | $852,750 | 25 | $869,450 | $450,019 | $872,756 |
| 2022 | $20,151,121 | $1,066,058 | $2,078,371 | $902,750 | 28 | $930,310 | $915,641 | $979,012 |
| 2021 | $21,163,434 | $6,682,825 | $1,431,009 | $942,750 | 31 | — | $6,282,565 | $12,095 |
| 2020 | $15,911,618 | $452,236 | $964,677 | $837,750 | 33 | — | $441,809 | $986,569 |
Under IRS private-foundation payout rules, Thatcher Foundation reported a distributable amount of $878K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s grant listings state the purpose as “to further goals of foundation.” Its grants include support for organizations with varied missions. For example, Hospice of Santa Barbara describes providing care and support to people facing life-threatening illness and to those grieving a loss. The Cancer Foundation of Santa Barbara says it supports cancer diagnosis, treatment, research, technology, and support programs. Other 2025 grantees describe work in children’s services, healthcare, diabetes research, and music education.
Grantmaking
In 2025, the foundation reported 26 grants totaling $962,250. Grants ranged from $10,000 to $84,500, with a median of $30,000. Among the largest were $84,500 to Sansum Santa Barbara Medical Foundation and $52,750 to Foundation for Santa Barbara City College. It also gave $50,000 each to the Amyotrophic Lateral Sclerosis Association, Child Abuse Listening Mediation, Food Bank of Santa Barbara County, Hospice of Santa Barbara, Lustgarten Foundation, Nu TKE - Berkeley Chapter, PBS of SoCal (KCET), Pepperdine University - Graziadio School of Business, and Standing Together.
Other 2025 grants included $30,000 to United Boys and Girls Clubs of, Wayfinder Family Services, the Cancer Foundation of Santa Barbara, and The Mr Holland’s Opus Foundation; and $25,000 to the Blind Childrens Center, Santa Barbara Neighborhood Clinics, and Sansum Diabetes Research Institute.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Phillip M. Bardack as president and director, Nancy J. Thatcher as secretary and director, and William R. Lang as CFO and director.
Thatcher Foundation is led by Phillip M. Bardack, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Phillip M. Bardack
President & Director
On filings since 2020
5 hrs/week
No compensation reported
Nancy J. Thatcher
Secretary & Director
On filings since 2020
0.5 hrs/week
No compensation reported
William R. Lang
CFO & Director
Director → CFO & Director, 2025
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: William Herzog (2020–2024) — CFO & Director
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 Thatcher Foundation
How much does Thatcher Foundation give each year?
Thatcher Foundation gave $962K across 26 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Thatcher Foundation's typical grant size?
Thatcher Foundation's median grant in 2025 was $30,000, and its average grant was $37,010, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Thatcher Foundation that year got $28K on average.
Where does Thatcher Foundation give grants?
Thatcher Foundation gives mostly in California: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (5%). The most frequent recipient cities were Santa Barbara, CA (11 grants) and Los Angeles, CA (4 grants).
Does Thatcher Foundation give general operating support?
Not in 2025: none of the 26 grants with a stated purpose on Thatcher Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further Goals of Foundation" (26 grants).
Who are Thatcher Foundation's largest grantees?
Thatcher Foundation's largest 2025 grantees include Sansum Santa Barbara Medical Foundation ($84,500), Foundation for Santa Barbara City College ($52,750) and Amyotrophic Lateral Scierosis Association ($50,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is Thatcher Foundation?
Thatcher Foundation reported $18.4M in total assets on its 2025 IRS Form 990-PF. It paid out $983K in qualifying distributions that year, against a required minimum of $878K (roughly 5% of its investment assets).
What does Thatcher Foundation fund?
The foundation’s grant listings state the purpose as “to further goals of foundation.” Its grants include support for organizations with varied missions. For example, Hospice of Santa Barbara describes providing care and support to people facing life-threatening illness and to those grieving a loss. See mission & focus areas ↑
How do I apply for a grant from Thatcher Foundation?
The foundation states 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 Thatcher Foundation's EIN?
Thatcher Foundation's EIN (Employer Identification Number) is 95-4697063. IRS Form 990 filing data is available on this page for 2020–2025.
Does Thatcher Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). Thatcher Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/thatcher-foundation-morg_97e3c22574f948bc9102e6b67576cade
BibTeX
@misc{grantable_954697063_2026,
author = {{Grantable}},
title = {{Thatcher Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/thatcher-foundation-morg_97e3c22574f948bc9102e6b67576cade},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Thatcher Foundation'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.
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