THC Foundation Inc

INDIANAPOLIS, IN EIN: 35-2123705

THC Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $148K in total assets. In 2024, it awarded 7 grants totaling $76K. Net investment income was $777.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$148K

Annual Giving

$76K

Grant Count

Avg Grant Size

$11K

Under IRS private-foundation payout rules, THC Foundation Inc reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About THC Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $70K (53%)

Florida $59K (45%)

Tennessee $4K (3%)

States

Florida Indiana Tennessee

Cities

BrandentonCarmelCelebrationChattanoogaFairlandIndianapolisNaplesNoblesvilleOrlando

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$147,787	—	$1,677
Revenue	$777	—	$3,000
Expenses	$76,797	—	$21,878
Qualifying Distributions	$76,000	—	$20,900
Net Investment Income	$777	—	—
Distributable Amount	$30,959	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Christian Leadership Training Intl ($25,000), Life Impact for Eternity ($16,000), Christian Mission of South India ($15,000).

Recipient	Purpose	Amount
Legacy Bible Church Noblesville, IN	Charitable	$2,000
Life Impact for Eternity Brandenton, FL	Charitable	$16,000
Life Romania Celebration, FL	Charitable	$7,000
Christian Mission of South India Fairland, IN	Charitable	$15,000
Covenent Church of Naples Naples, FL	Charitable	$1,000
Cental Christian Academy Indianapolis, IN	Charitable	$10,000
Christian Leadership Training Intl Carmel, IN	Charitable	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
James Conner	Director	1	—
Thomas Conner	Director	1	—
Jack Conner	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is THC Foundation Inc?

THC Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $148K in total assets as of 2024.

How large is THC Foundation Inc?

As of 2024, THC Foundation Inc holds $148K in total assets with $777 in annual revenue. It awarded 7 grants totaling $76K in 2024.

Where does THC Foundation Inc operate?

THC Foundation Inc has awarded grants in Florida, Indiana, Tennessee.

What size grants does THC Foundation Inc award?

In 2024, THC Foundation Inc awarded 7 grants totaling $76K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is THC Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, THC Foundation Inc reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.