The Thom Family Foundation Inc
The Thom Family Foundation Inc is based in Wilmington, Delaware, and its filing type is 990T. Its 2024 filing reports 46 grants totaling $537,524. The listed grants support organizations working in areas including education, community philanthropy, disaster relief, health, international aid, and services for veterans and military families.
Key facts about The Thom Family Foundation Inc
In short: The Thom Family Foundation Inc gave $538K across 46 grants in 2024 (avg $12K), top state Minnesota. 7% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-0374684
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $537,524
- Grants made (2024)
- 46
- Average grant
- $11,685
- Median grant
- $10,000
- New grantees (estimate)
- 7% first-time grantees (3 of 43, 2024)
- Total assets
- $12,365,852
- Primary geography
- Minnesota (43% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests; it makes contributions to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.4M
+13.4% YoY
Annual Giving
$538K
+0.2% YoY
Grant Count
46
+4.5% YoY
Avg Grant Size
$12K
-4.1% YoY
Under IRS private-foundation payout rules, The Thom Family Foundation Inc reported a distributable amount of $691K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Thom Family Foundation Inc open to new grantees?
7%
first-time grantees, 2024
In 2024, 3 of 43 grantees (7%) were first-time recipients. First grants averaged $22K; repeat grants $12K. How we count
Medians: $10K first-time, $10K repeat.
- 91% of 2024 grantees were also funded in 2023. Method
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for a school endowment and teacher compensation, student participation in a financial education program, disaster relief, international medical care, and mobility equipment for a veteran.
Some grantees describe their own work as follows: the Schola Foundation says it supports Loyola Catholic School through endowed and unrestricted funds for students and staff. Mercy Ships International says it oversees hospital-ship operations that provide free medical care, professional education, and medical infrastructure improvements in developing countries. The Independence Fund says it serves service members, combat veterans, caregivers, families, and allies through programs supporting independence.
Grantmaking
In 2024, the foundation made 46 grants totaling $537,524. Grants ranged from $2,500 to $50,000, with a median of $10,000.
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Geographic Focus
Where this funder awards grants
In 2024, Minnesota recipients received 43% of grant dollars. Other leading recipient states were Iowa (9%), Maryland (7%), the District of Columbia (7%), and New York (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 46 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $345K (2020) to $538K (2024). In 2024 it made 46 grants totaling $538K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American National Red Cross ($50K across 3 grants). Together the top 10 received $318K.
Grant Size Distribution
220 grants across all recorded years
The most common grant size was under $50K: 216 grants of 220 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mankato Christian High School Inc Mankato, MN | MCA Endowment fund | $50,000 |
| Schola Foundation Mankato, MN | Teachers Competitive Compensation Fund | $40,000 |
| Junior Achievement USA Saint Paul, MN | Funding for the participation of 1,424 students (at 14 different South Central MN schools) to utilize JA's Finance Park Program | $37,024 |
| Mankato Area Foundation Mankato, MN | Elks Charitable Endowed Fund | $30,000 |
| American National Red Cross Boone, IA | Leadership Society fund | $25,000 |
| Cross Catholic Outreach Inc Washington, DC | General & Unrestricted | $25,000 |
| Compassion International Incorporated Colorado Springs, CO | Unsponsored Children's Fund, Youth Development Fund, Clean and Sanitary Water and Medical Assistance fund | $20,000 |
| Medecins Sans Frontieres USA Inc Hagerstown, MD | International Access to Medicine Program | $20,000 |
| Mercy Ships International Lindale, TX | Sponsor 5 operating rooms for 4 days | $20,000 |
| The Independence Fund Inc Charlotte, NC | to purchase one Track Chair and Trailer | $16,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $12,365,852 | $2,151,619 | $691,397 | $537,524 | 46 |
| 2023 | $10,905,630 | $1,039,991 | $648,596 | $536,194 | 44 |
| 2022 | $10,514,235 | $1,329,769 | $654,853 | $530,154 | 44 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,365,852 | $10,905,630 | $10,514,235 |
| Revenue | $2,151,619 | $1,039,991 | $1,329,769 |
| Expenses | $691,397 | $648,596 | $654,853 |
| Qualifying Distributions | $605,703 | $574,496 | $580,702 |
| Net Investment Income | $836,480 | $248,237 | $91,364 |
| Distributable Amount | $690,672 | $577,979 | $544,355 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Connie Stokman as director; Andrew J Thom as director and vice president; Cynthia L Thom as director; Jeff A Thom as director, president, chairperson, and treasurer; and Joseph A Thom as director and secretary.
The Thom Family Foundation Inc is led by Jeff A Thom, Director, President, Chairperson & Treasurer since 2024 (on filings since 2020); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jeff A Thom
Director, President, Chairperson & Treasurer
Director, President & Chairperson → Director, President, Chairperson & Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Andrew J Thom
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Cynthia L Thom
Director
On filings since 2020
1 hr/week
No compensation reported
Joseph A Thom
Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Connie Stokman
Director
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Kevin J Olson (2020–2023) — Director & Treasurer
- Former: Paul Tanis (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Frequently asked questions about The Thom Family Foundation Inc
How much does The Thom Family Foundation Inc give each year?
The Thom Family Foundation Inc gave $538K across 46 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $536K across 44 grants.
What is The Thom Family Foundation Inc's typical grant size?
The Thom Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $11,685, across 46 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Thom Family Foundation Inc that year got $22K on average.
Where does The Thom Family Foundation Inc give grants?
The Thom Family Foundation Inc's top state is Minnesota, with 43% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Iowa (9%) and Maryland (7%). The most frequent recipient cities were Mankato, MN (10 grants), Boone, IA (3 grants), Minneapolis, MN (3 grants) and Saint Paul, MN (2 grants).
Does The Thom Family Foundation Inc give general operating support?
Yes: 63% of The Thom Family Foundation Inc's 2024 grants with a stated purpose (29 of 46) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Thom Family Foundation Inc's largest grantees?
The Thom Family Foundation Inc's largest 2024 grantees include American National Red Cross ($50,000 across 3 grants), Mankato Christian High School Inc ($50,000) and Schola Foundation ($40,000), according to its 2024 IRS Form 990-PF. Together they received 26% of its itemized 2024 grant dollars.
How large is The Thom Family Foundation Inc?
The Thom Family Foundation Inc reported $12.4M in total assets on its 2024 IRS Form 990-PF. It paid out $606K in qualifying distributions that year, against a required minimum of $691K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Thom Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for a school endowment and teacher compensation, student participation in a financial education program, disaster relief, international medical care, and mobility equipment for a veteran. See mission & focus areas ↑
How do I apply for a grant from The Thom Family Foundation Inc?
The foundation does not accept unsolicited requests; it makes contributions to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Thom Family Foundation Inc's EIN?
The Thom Family Foundation Inc's EIN (Employer Identification Number) is 20-0374684. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Thom Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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