The Michael D and Netagene R Thompson Fo
The Michael D and Netagene R Thompson Foundation is a private foundation based in Mountain Brk, Alabama. Established in 2020, the foundation operates as a 501(c)(3) organization with a focus on charitable giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-5.6% YoY
Annual Giving
$250K
-2.0% YoY
Grant Count
25
-3.8% YoY
Avg Grant Size
$10K
+2.0% YoY
Mission & Focus Areas
The foundation does not maintain a publicly stated mission statement. However, their grantmaking priorities center on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 30 grants in 2023 and 55 grants in 2022, totaling $265,000 and $354,000 respectively.
Grant Range
$10,000
Average Grant
$8,800
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Alabama
- Florida
- Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $2,597,242
- Total Annual Giving: $250,000
As of 2022:
- Total Assets: $1,800,360
- Total Revenues: $1,033,224
- Total Expenses: $279,380
As of 2021:
- Total Assets: $855,000
- Total Giving: $151,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,597,242 | $2,750,151 | $1,800,360 |
| Revenue | $133,747 | $1,228,192 | $1,033,224 |
| Expenses | $286,656 | $278,815 | $279,380 |
| Qualifying Distributions | $250,000 | $256,837 | $266,750 |
| Net Investment Income | $109,007 | $652,541 | $20,594 |
| Distributable Amount | $136,001 | $96,956 | $88,737 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
162 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Michael D Thompson (Director)
- Netagene R Thompson (Director)
- Annie Thompson Somerville (Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL D THOMPSON | DIRECTOR | 1 | — |
| NETAGENE R THOMPSON | DIRECTOR | 1 | — |
| ANNIE THOMPSON SOMERVILLE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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The Starfish Project
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Total Given
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Raquib Family Waqf Foundation
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Assets
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Total Given
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A Hays Zieman & Christine B Zieman
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Assets
$1.0M
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Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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