The Thompson Gold Star Family Foundation is a private foundation focused on Public, Societal Benefit, based in FAIRLAWN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 12 grants totaling $154K. Net investment income was $159K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+1.9% YoY
Annual Giving
$154K
-11.5% YoY
Grant Count
12
+300.0% YoY
Avg Grant Size
$13K
-77.9% YoY
Under IRS private-foundation payout rules, The Thompson Gold Star Family Foundation reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.
About The Thompson Gold Star Family Foundation
Based on IRS filings
The Thompson Gold Star Family Foundation is a private foundation focused on Public, Societal Benefit, based in FAIRLAWN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 12 grants totaling $154K. Net investment income was $159K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,358,681 | $3,294,672 | $3,249,076 |
| Revenue | $191,722 | $106,016 | $66,509 |
| Expenses | $194,663 | $228,401 | $40,441 |
| Qualifying Distributions | $153,500 | $173,500 | $7,500 |
| Net Investment Income | $158,734 | $126,762 | $90,221 |
| Distributable Amount | $165,794 | $161,861 | $162,781 |
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
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Axess Family Services ($100,000), The New Abundant Life Worship Center ($16,000), America's Future ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PEOPLE CARE PET PANTRY RAVENNA, OH | TO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING AID TO FAMILIES EXPERIENCING A FINANCIAL HARDSHIP SO THEY MAY KEEP THEIR CHERISHED PETS AS THEY WORK TO GET BACK ON THEIR FEET. | $500 |
| THE CLEVELAND CLINIC FOUNDATION CLEVELAND, OH | TO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING EVERY PATIENT WORLD CLASS CARE. | $1,000 |
| THE NEW ABUNDANT LIFE WORSHIP CENTER ENGLEWOOD, FL | TO SUPPORT THE MINISTRY'S MISSION OF SPREADING THE GOSPEL OF JESUS CHRIST. | $16,000 |
| CRUZ LERMA MINISTRIES MESA, AZ | TO SUPPORT THE MINISTRY'S MISSION TO SPREAD THE GOSPEL THROUGH PRISON PREACHING AND BIBLE TEACHING. | $2,000 |
| CAROL KORNAKI MINISTRIES CHARLOTTE, NC | TO SUPPORT THE MINISTRY'S MISSION TO REACHING COUNTLESS PEOPLE WITH JESUS CHRIST'S LIFE-CHANGING MESSAGE | $5,000 |
| HIGHER LIFE MINISTRIES GASTON, NC | TO SUPPORT THE MINISTRY'S MISSION TO PROVIDING RESOURCES FOR GOD'S PEOPLE TO OBTAIN FREEDOM, KNOWLEDGE, GROWTH AND DESTINY. | $3,000 |
| AMERICA'S FUTURE WASHINGTON, DC | TO SUPPORT THEIR MISSION OF EMPOWERING YOUNG PEOPLE TO BE ACTIVE, CIVIL, AND CURIOUS CITIZENS WHO BUILD FREER COMMUNITIES THAT LEAD TO FULFILLMENT, DIGNITY, AND HAPPINESS FOR ALL. | $12,000 |
| NEW ABUNDANT LIFE WORSHIP CENTER ENGLEWOOD, FL | TO SUPPORT THE MINISTRY'S MISSION OF SPREADING THE GOSPEL OF JESUS CHRIST. | $10,000 |
| MERCER COUNTY FOOD BANK SHARON, PA | TO SUPPORT THE ORGANIZATIONS MISSION TO PROVIDE SUPPLEMENTAL FOOD TO THOSE WHO ARE HUNGRY AND TO RAISE AWARENESS OF HUNGER THROUGHOUT MERCER COUNTY. | $1,000 |
| SAMARITAN'S PURSE BOONE, NC | TO SUPPORT THE MINISTRY'S MISSION TO FOLLOW THE EXAMPLE OF CHRIST BY HELPING THOSE IN NEED AND PROCLAIMING THE HOPE OF THE GOSPEL. | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL THOMPSON SR | PRESIDENT | — | — |
| JOHN KIM | DIRECTOR | — | — |
| JOHN THOMPSON | DIRECTOR | — | — |
| CHRIS THOMPSON | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Thompson Gold Star Family Foundation?
The Thompson Gold Star Family Foundation is a private foundation focused on Public, Societal Benefit, based in FAIRLAWN, OH. It holds $3.4M in total assets as of 2024.
How large is The Thompson Gold Star Family Foundation?
As of 2024, The Thompson Gold Star Family Foundation holds $3.4M in total assets with $192K in annual revenue. It awarded 12 grants totaling $154K in 2024.
Where does The Thompson Gold Star Family Foundation operate?
The Thompson Gold Star Family Foundation has awarded grants in Arizona, District of Columbia, Florida, Illinois, North Carolina, Ohio, Pennsylvania.
What size grants does The Thompson Gold Star Family Foundation award?
In 2024, The Thompson Gold Star Family Foundation awarded 12 grants totaling $154K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Thompson Gold Star Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thompson Gold Star Family Foundation reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Thompson Gold Star Family Foundation's EIN?
The Thompson Gold Star Family Foundation's EIN (Employer Identification Number) is 83-3689423. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Thompson Gold Star Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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