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The Thomas Memorial Foundation

PROSPECT, KY EIN: 58-1909736 Website

The Thomas Memorial Library Foundation (TMLF) is a nonprofit organization dedicated to supporting Thomas Memorial Library. The foundation provides financial resources for library programs, services, staff development, and equipment needs that extend beyond the town's regular budget allocations.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$252K

-15.9% YoY

Grant Count

21

-12.5% YoY

Avg Grant Size

$12K

-3.9% YoY

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

Mission & Focus Areas

The foundation's mission is to support Thomas Memorial Library "now and for generations to come." The Board has identified four strategic priorities:

  1. Financial Support for Library Operations — Providing funds for TML programs, services, staff development, and equipment not covered by the town budget, as proposed by the library director

  2. Special Programs and Staff Development — Supporting a process for the Library Director to request funds for special programs, staff continuing education, and special equipment needs

  3. Fundraising and Sustainability — Focusing on successful implementation of the annual appeal, naming rights in the renovated library, grants, and planned giving initiatives

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AlpharettaAnchorageBooneCharlotteColumbusCoral SpringsCummingDurhamFort MyersFt MyersJacksonvilleJohns CreekLagrangeLehigh AcresLouisevilleLouisvilleLynchburgMccombMemphisMeridian

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$83K$167K$250K$333K202020212022202320242025
Metric202520242023
Total Assets$257,646$434,499
Revenue$937$126,134$19,458
Expenses$258,583$302,987$30,857
Qualifying Distributions$252,480$300,150$27,550
Net Investment Income$123,297$16,151
Distributable Amount$17,770$25,099

Giving Over Time

Total grant dollars and number of grants per year

$0$75K$150K$225K$300K12 grants20207 grants20210 grants202215 grants202324 grants202421 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Louisville…$74KYoung Life Whtiefish$35KWhitefish Education Foun…$35KBridge to India$15KBridge to India$14KSoutheast Christian Church$11KSt Margaret Mary Catholi…$10KAnchorage PTA$10KLife in Abundance$7KBellarmine University$5K

Grant Size Distribution

67 grants across all recorded years

65<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Lee Hamilton JrPresident15
Susan T MahanSecretary/Dir2
Ryan HamiltonTreasurer2
Charles M HamiltonDirector2
Mallory H VanderveerPresident-Elect2
Jill H McMeansVice President2
Kate McNattAsst Vice Pres2

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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