The Thg Foundation

LOUISVILLE, KY EIN: 61-6249559

The Thg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $401K in total assets. In 2024, it awarded 6 grants totaling $105K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$401K

+176.6% YoY

Annual Giving

$105K

-40.7% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$18K

-20.9% YoY

Under IRS private-foundation payout rules, The Thg Foundation reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.

About The Thg Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $301K (45%)

Texas $272K (40%)

Florida $55K (8%)

Arkansas $48K (7%)

States

Arkansas Florida Oklahoma Texas

Cities

CollinsvilleConwayEastlandHoustonLindaleOrlandoPlanoTulsa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$400,578	$144,807	$230,507
Revenue	$366,214	$95,524	$1,203,511
Expenses	$110,443	$181,224	$333,859
Qualifying Distributions	$105,250	$177,250	$328,750
Net Investment Income	$16,480	$91,550	$9,759
Distributable Amount	$69,107	$64,924	$150,969

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Eastland Baptist Church ($25,000), John 316 Mission ($25,000), Allegro Organizational Solutions ($20,000).

Recipient	Purpose	Amount
EASTLAND BAPTIST CHURCH EASTLAND, TX	CHARITABLE	$25,000
ALLEGRO ORGANIZATIONAL SOLUTIONS HOUSTON, TX	CHARITABLE	$20,000
STUDENT MOBILIZATION CONWAY, AR	CHARITABLE	$15,000
E3 PARTNERS PLANO, TX	CHARITABLE	$15,000
YWAM TYLER LINDALE, TX	CHARITABLE	$5,000
JOHN 316 MISSION TULSA, OK	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
TIMOTHY S HARRIS	MEMBER ADVISORY	2	—
GLORIA G HARRIS	MEMBER ADVISORY	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Thg Foundation?

The Thg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $401K in total assets as of 2024.

How large is The Thg Foundation?

As of 2024, The Thg Foundation holds $401K in total assets with $366K in annual revenue. It awarded 6 grants totaling $105K in 2024.

Where does The Thg Foundation operate?

The Thg Foundation has awarded grants in Arkansas, Florida, Oklahoma, Texas.

What size grants does The Thg Foundation award?

In 2024, The Thg Foundation awarded 6 grants totaling $105K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is The Thg Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thg Foundation reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.