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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

Among its reported 2025 grants, the largest include University of Louisville HEA ($74,000), Young Life Whtiefish ($35,000), Whitefish Education Foundation ($35,000).

RecipientPurposeAmount
Bellarmine University Louisville, KYTo provide assistance to their program$5,000
Young Life Whtiefish Whtiefish, MTTo provide assistance to their program$35,000
Whitefish Education Foundation Whtiefish, MTTo provide assistance to their program$35,000
St Margaret Mary Catholic Church Louisville, KYTo provide assistance to their program$10,000
Impact 100 Louisville Louisville, KYTo help assist their programs$2,000
Scarlet Hope Louisville, KYTo provide assistance to their programs$4,000
Life in Abundance Simponville, SCTo provide assistance to their programs$7,000
Southeast Christian Church Louisville, KYTo provide assistance to their programs$11,200
Anchorage PTA Anchorage, KYTo provide assistance to their programs$10,000
B Side U for Life Louisville, KYTo provide assistance to their programs$5,000

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

Frequently Asked Questions

What does The Thomas Memorial Foundation fund?

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 educ…

What size grants does The Thomas Memorial Foundation award?

In 2025, The Thomas Memorial Foundation awarded 21 grants totaling $252K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is The Thomas Memorial Foundation's EIN?

The Thomas Memorial Foundation's EIN (Employer Identification Number) is 58-1909736. IRS Form 990 filing data is available on this page for 2020–2025.

Explore Open Grants

Browse active grant opportunities in The Thomas Memorial Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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