The Thompson Charitable Foundation
The Thompson Charitable Foundation is a private family foundation established in 1987 by B. Ray Thompson, Sr. Based in Charlotte, North Carolina, the foundation is designated as a 501(c)(3) organization and operates as a grantmaking foundation supporting nonprofit organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.0M
-9.0% YoY
Annual Giving
$3.1M
+1.0% YoY
Grant Count
94
+3.3% YoY
Avg Grant Size
$33K
-2.3% YoY
Under IRS private-foundation payout rules, The Thompson Charitable Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Reflecting the concerns and interests of its founder, the Thompson Charitable Foundation supports projects that seek to improve the quality of life for individuals and communities. The foundation specifically focuses on:
- Health services and sciences
- Education
- Human services
- Quality of life initiatives
- Philanthropy, voluntarism, and grantmaking
Grantmaking
The foundation distributes grants to nonprofit organizations, with typical award amounts ranging from $1,000 to $186,835. Recent annual giving totaled $3,140,116 in total grants distributed.
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Geographic Focus
Where this funder awards grants
The Thompson Charitable Foundation primarily funds nonprofit organizations in:
- Kentucky
- Tennessee
- Virginia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $28.6 million
- Total Liabilities: $0
- Annual Revenue: $3.15 million
- Annual Expenses: $3.86 million
- Total Giving: $3,140,116
As of most recent filing:
- Total Assets: $25,978,486
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,978,486 | $28,558,365 | $29,176,573 |
| Revenue | $806,447 | $3,148,097 | $4,272,915 |
| Expenses | $3,768,120 | $3,858,377 | $3,884,344 |
| Qualifying Distributions | $3,347,542 | $3,346,063 | $3,314,553 |
| Net Investment Income | $384,170 | $2,427,244 | $3,564,184 |
| Distributable Amount | $1,714,786 | $1,609,961 | $1,977,929 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Open Grants
1 open opportunity from The Thompson Charitable Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Coalfield Water Development Fun D ($186,835), Historic Pocahontas Inc ($100,000), Four Seasons Ymca ($90,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AID TO DISTRESSED FAMILIES OF APPALACHIAN COUNTIES OAK RIDGE, TN | PROGRAM SUPPORT | $20,000 |
| ALICE LLOYD COLLEGE PIPPA PASSES, KY | SCHOLARSHIPS | $2,500 |
| AMERICAN RED CROSS KENTUCKY REGION HAZARD, KY | PROGRAM SUPPORT | $25,000 |
| AMERICAN RED CROSS OF EAST TENNESSEE KNOXVILLE, TN | PROGRAM SUPPORT | $10,000 |
| ANGELIC MINISTRIES KNOXVILLE, TN | VEHICLE PURCHASE | $15,000 |
| APPALACHIAN COLLEGE OF PHARMACY OAKWOOD, VA | TECHNOLOGY UPGRADES | $40,000 |
| APPALACHIAN HIGHLANDS COMMUNITY DENTAL CENTER ABINGDON, VA | CLINIC EXPANSION | $2,000 |
| APPALACHIAN LITERARY INITIATIVE BRISTOL, TN | BOOKS PURCHASE | $30,000 |
| APPALACHIAN SERVICE PROJECT JOHNSON CITY, TN | PROGRAM SUPPORT | $50,000 |
| APPALACHIAN SUSTAINABLE DEVELOPMENT DUFFIELD, VA | PROGRAM SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Debbie Black serves as Executive Director of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSIE L THOMPSON | PRESIDENT | 1 | — |
| DEBBIE BLACK | EXECUTIVE DIRECTOR (THROUGH 02/2024) | 24 | $58,908 |
| J KYLE DERHAM | VICE PRESIDENT | 1 | — |
| GREGORY E ERICKSON | DIRECTOR | 1 | — |
| GINNY THOMPSON | SECRETARY | 1 | — |
| JO ANNE T MANOFSKY | TREASURER | 1 | — |
| J MATTHEW DERHAM | DIRECTOR | 1 | — |
| TJ DERHAM | DIRECTOR | 1 | — |
| LAURA OLESKY | DIRECTOR | 1 | — |
| DOUGLAS MANOFSKY | DIRECTOR | 1 | — |
| PHILIP MANOFSKY | DIRECTOR | 1 | — |
| JEFFREY W MANSOUR-BRUDERER | EXECUTIVE DIRECTOR (BEGINNING 05/2024) | 40 | $165,587 |
Contact Information
Address: 1942 E 7th St Ste 400, Charlotte, NC 28204-2557
Phone: 865-588-0491
Website: https://thompsoncharitable.org
Frequently Asked Questions
What does The Thompson Charitable Foundation fund?
Reflecting the concerns and interests of its founder, the Thompson Charitable Foundation supports projects that seek to improve the quality of life for individuals and communities. The foundation specifically focuses on: • Health services and sciences • Education • Human services • Quality of life initiatives • Philanthropy, voluntarism, and grantmaking
How do I apply for a grant from The Thompson Charitable Foundation?
The foundation distributes grants to nonprofit organizations, with typical award amounts ranging from $1,000 to $186,835. Recent annual giving totaled $3,140,116 in total grants distributed.
Where does The Thompson Charitable Foundation make grants?
The Thompson Charitable Foundation primarily funds nonprofit organizations in: • Kentucky • Tennessee • Virginia
What size grants does The Thompson Charitable Foundation award?
In 2024, The Thompson Charitable Foundation awarded 94 grants totaling $3.1M — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is The Thompson Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thompson Charitable Foundation reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Thompson Charitable Foundation's EIN?
The Thompson Charitable Foundation's EIN (Employer Identification Number) is 58-1754763. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Thompson Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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