The Thom Family Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 20-0374684

The Thom Family Foundation Inc is a private foundation based in Wilmington, Delaware. It made 46 grants totaling $537,524 in 2024, supporting charitable organizations in Minnesota and other states.

The Thom Family Foundation Inc at a glance

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.

Annual giving (2024)
$537,524
+0.2% vs 2023
Grants made (2024)
46
+4.5% vs 2023
Average grant
$11,685
-4.1% vs 2023
Median grant
$10,000
Total assets
$12,365,852
+13.4% vs 2023
New grantees (estimate)
7% first-time grantees (3 of 43, 2024)
Primary geography
Minnesota (43% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Thom Family Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Thom Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

American National Red Cross: $50K across 3 grantsAmerican National Red Cross$50K · 3 grantsMankato Christian High School Inc: $50KMankato Christian High SchoolInc$50KSchola Foundation: $40KSchola Foundation$40KJunior Achievement USA: $37KJunior Achievement USA$37KCross Catholic Outreach Inc: $35K across 2 grantsCross Catholic Outreach Inc$35K · 2 grantsMankato Area Foundation: $30KMankato Area Foundation$30KCompassion International Incorporated: $20KCompassion InternationalIncorporated$20KMedecins Sans Frontieres USA Inc: $20KMedecins Sans Frontieres USAInc$20KMercy Ships International: $20KMercy Ships International$20KThe Independence Fund Inc: $16KThe Independence Fund Inc$16K

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

216<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 216 grants of 220 (98%).

Geographic Focus

Where this funder awards grants

In 2024, Minnesota recipients received 43% of grant dollars. The next-largest state shares were Iowa at 9%, Maryland and the District of Columbia at 7% each, and New York at 6%. The foundation also made grants to organizations in other states.

Grant Distribution by State

17states

Share of 2024 grant dollars across all 46 itemized grants.

Cities

MankatoMinneapolisWashingtonBooneNew YorkSaint PaulChicagoLittle RockAnchorageCharlotteColorado SpringsCoon RapidsHagerstownLindaleMemphisNorwichRockvilleSaint PeterWellesley HillsArlington

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K40 grants2020 46 grants2021 44 grants2022 44 grants2023 46 grants2024

From 2020 to 2024, annual grant giving ranged from $345K (2020) to $538K (2024). In 2024 it made 46 grants totaling $538K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Mankato Christian High School Inc Mankato, MNMCA Endowment fund$50,000
Schola Foundation Mankato, MNTeachers Competitive Compensation Fund$40,000
Junior Achievement USA Saint Paul, MNFunding 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, MNElks Charitable Endowed Fund$30,000
American National Red Cross Boone, IALeadership Society fund$25,000
Cross Catholic Outreach Inc Washington, DCGeneral & Unrestricted$25,000
Compassion International Incorporated Colorado Springs, COUnsponsored Children's Fund, Youth Development Fund, Clean and Sanitary Water and Medical Assistance fund$20,000
Medecins Sans Frontieres USA Inc Hagerstown, MDInternational Access to Medicine Program$20,000
Mercy Ships International Lindale, TXSponsor 5 operating rooms for 4 days$20,000
The Independence Fund Inc Charlotte, NCto purchase one Track Chair and Trailer$16,000
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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
2024$12,365,852$2,151,619$691,397$537,52446$605,703$836,480$690,672
2023$10,905,630$1,039,991$648,596$536,19444$574,496$248,237$577,979
2022$10,514,235$1,329,769$654,853$530,15444$580,702$91,364$544,355
2021$9,839,319$1,706,589$519,057$404,20046$453,482$1,219,052$549,750
2020$8,651,787$1,347,486$449,309$345,45640—$206,598$451,621

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.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for a range of charitable organizations. For example, Mankato Christian Academy says its mission is “Preparing Students for the Future in Jesus’ Name,” while the Schola Foundation says it supports Loyola Catholic School by soliciting endowed and unrestricted funds for the benefit of students and staff.

Other supported organizations describe work in distinct areas. Mercy Ships International says it operates hospital ships that provide free surgical care and medical training. The Independence Fund says it serves the Warfighter community through programs fostering independence for service members, veterans, caregivers, families, and allies. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2024, the foundation made 46 grants totaling $537,524. Grants ranged from $2,500 to $50,000, with a median award of $10,000.

Among the largest awards were $50,000 to Mankato Christian High School Inc for its MCA Endowment fund, $40,000 to Schola Foundation for its Teachers Competitive Compensation Fund, and $37,024 to Junior Achievement USA to support 1,424 students at 14 South Central Minnesota schools in using its Finance Park program. Other notable awards included $30,000 to Mankato Area Foundation for the Elks Charitable Endowed Fund and $25,000 each to the American National Red Cross for its Leadership Society fund and Cross Catholic Outreach for general and unrestricted support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Connie Stokman, Andrew J Thom, Cynthia L Thom, Jeff A Thom, and Joseph A Thom as directors. Andrew J Thom is also listed as vice president; Jeff A Thom as president, chairperson, and treasurer; and Joseph A Thom as 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.

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 show support for a range of charitable organizations. See mission & focus areas ↑

How do I apply for a grant from The Thom Family Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. 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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Thom Family Foundation Inc funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/the-thom-family-foundation-inc-morg_7b73b96f60454c92bacc024c209b0b3c

BibTeX
@misc{grantable_200374684_2026,
  author       = {{Grantable}},
  title        = {{The Thom Family Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-thom-family-foundation-inc-morg_7b73b96f60454c92bacc024c209b0b3c},
  note         = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Thom Family 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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