THC Foundation Inc

Private foundation · Grantmaker Indianapolis, IN EIN: 35-2123705

THC Foundation Inc is a private foundation, based in Indianapolis, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $100K in total assets. In 2025, it awarded 7 grants totaling $81K. Net investment income was $21K.

THC Foundation Inc at a glance

In short: THC Foundation Inc gave $81K across 7 grants in 2025 (avg $12K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$80,745
+6.2% vs 2024
Grants made (2025)
7
+0.0% vs 2024
Average grant
$11,535
+6.2% vs 2024
Median grant
$12,245
Total assets
$99,703
-32.5% vs 2024
Primary geography
Indiana (52% 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 THC Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Christian Leadership Training Intl: $29KChristian Leadership TrainingIntl$29KCovenent Church of Naples: $13KCovenent Church of Naples$13KLife Romania: $13KLife Romania$13KLife Impact for Eternity: $12KLife Impact for Eternity$12KChristian Mission of South India: $10KChristian Mission of SouthIndia$10KReach to Romania Inc: $3KReach to Romania Inc$3KBetter Together: $1KBetter Together$1K

The largest 2025 recipient was Christian Leadership Training Intl ($29K). Together the top 7 received $81K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

BrandentonCelebrationNoblesvilleChattanoogaNaplesOrlandoCarmelFairlandFishersIndianapolis

How THC Foundation Inc gives

  • Giving grew 286% from 2022 to 2025. Method
  • In 2025 it paid out 220% 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

$0$25K$50K$75K$100K5 grants2020 5 grants2021 5 grants2022 0 grants2023 7 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $17K (2021) to $81K (2025). In 2025 it made 7 grants totaling $81K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Christian Leadership Training Intl Carmel, INCharitable$29,000
Covenent Church of Naples Naples, FLCharitable$13,000
Life Romania Celebration, FLCharitable$12,500
Life Impact for Eternity Brandenton, FLCharitable$12,245
Christian Mission of South India Fairland, INCharitable$10,000
Reach to Romania Inc Fishers, INCharitable$3,000
Better Together Naples, FLCharitable$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$99,703$33,461$81,545$80,7457$80,745$21,461$36,778
2024$147,787$777$76,797$76,0007$76,000$777$30,959
2022$1,677$3,000$21,878$20,9005$20,900——
2021$20,555$34,000$17,422$17,4005$17,400——
2020$3,977$-275$17,900$17,9005———

Under IRS private-foundation payout rules, THC Foundation Inc reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

THC Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jack Conner

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James Conner

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Conner

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

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 THC Foundation Inc

How much does THC Foundation Inc give each year?

THC Foundation Inc gave $81K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $76K across 7 grants.

What is THC Foundation Inc's typical grant size?

THC Foundation Inc's median grant in 2025 was $12,245, and its average grant was $11,535, across 7 grants on its 2025 IRS Form 990-PF.

Where does THC Foundation Inc give grants?

THC Foundation Inc gives mostly in Indiana: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (48%). The most frequent recipient cities were Naples, FL (2 grants).

Does THC Foundation Inc give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on THC Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).

Who are THC Foundation Inc's largest grantees?

THC Foundation Inc's largest 2025 grantees include Christian Leadership Training Intl ($29,000), Covenent Church of Naples ($13,000) and Life Romania ($12,500), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.

How large is THC Foundation Inc?

THC Foundation Inc reported $100K in total assets on its 2025 IRS Form 990-PF. It paid out $81K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).

What is THC Foundation Inc's EIN?

THC Foundation Inc's EIN (Employer Identification Number) is 35-2123705. 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

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 20, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from THC Foundation Inc'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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