The Thornburgh Family Foundation

PALM BEACH, FL EIN: 20-3950886

The Thornburgh Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.6M in total assets. In 2024, it awarded 9 grants totaling $560K. Net investment income was $148K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.6M

-5.0% YoY

Annual Giving

$560K

+32.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$62K

+32.9% YoY

Under IRS private-foundation payout rules, The Thornburgh Family Foundation reported a distributable amount of $495K for 2024 — the minimum it must pay out in qualifying distributions.

About The Thornburgh Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $1.1M (54%)

Connecticut $571K (27%)

Florida $215K (10%)

New York $202K (9%)

New Jersey $1K (0%)

States

Connecticut Florida New Jersey New York Ohio

Cities

CincinnatiDarienDenvilleElmsfordHartfordLagrangevilleLovelandNew CanaanNew YorkNorwalkPalm BeachPlam BeachPurchaseWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,580,331	$6,923,413	$7,051,065
Revenue	$695,957	$420,039	$213,675
Expenses	$614,605	$468,696	$428,225
Qualifying Distributions	$567,141	$424,181	$367,725
Net Investment Income	$148,252	$189,754	$162,425
Distributable Amount	$495,026	$416,230	$423,083

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Cincinnati Foundation ($210,000), Trinity College ($175,000), Impacting Tomorrow Incorporated ($100,000).

Recipient	Purpose	Amount
IMPACTING TOMORROW INCORPORATED LOVELAND, OH	TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF THOSE AROUND THEM AND HAVE A POSITIVE IMPACT ON THE WORLD	$100,000
NEW CANNAN COMMUNITY FOUNDATION NEW CANAAN, CT	TO ADDRESS COMMUNITY NEEDS BY PROVIDING LEADERSHIP ON LOCAL ISSUES, MAKING IMPACTFUL GRANTS, AND FACILITATING EFFECTIVE CHARITABLE GIVING	$5,000
NOROTON VOLUNTEER DEPARTMENT DARIEN, CT	PROVIDE 24/7 FIRE, RESCUE, AND EMERGENCY SERVICES	$5,000
NORWALK HOSPITAL FOUNDATION NORWALK, CT	TO MOBILIZE PHILANTHROPIC SUPPORT TO BENEFIT AND ADVANCE THE PROGRAMS AND SERVICES OF NORWALK HOSPITAL BY RAISING AND ADMINISTERING FUNDS TO BENEFIT THE HOSPITAL AND ITS AFFILIATES	$10,000
PESTALOZZI US CHILDREN'S CHARITY INC NEW YORK, NY	TO FUND EDUCATIONAL AND COMMUNITY OPPORTUNITIES FOR IMPOVERISHED CHILDREN IN AFRICA AND ASIA	$15,000
THE LORDS PLACE WEST PALM BEACH, FL	GENERAL SUPPORT	$20,000
TOWN OF PALM BEACH UNITED WAY PLAM BEACH, FL	TO CREATE LONG-LASTING AND MEASURABLE CHANGES THAT IMPROVE LIVES AND BUILD STRONG COMMUNITIES THROUGHOUT PALM BEACH COUNTY BY ENSURING EVERYONE HAS ACCESS TO THE BUILDING BLOCKS FOR A GOOD QUALITY OF LIFE: EDUCATION, HEALTH AND FINANCIAL STABILITY.	$20,000
TRINITY COLLEGE HARTFORD, CT	AS THE PREEMINENT LIBERAL ARTS COLLEGE IN AN URBAN SETTING, TRINITY COLLEGE PREPARES STUDENTS TO BE BOLD, INDEPENDENT THINKERS WHO LEAD TRANSFORMATIVE LIVES.	$175,000
UNIVERSITY OF CINCINNATI FOUNDATION CINCINNATI, OH	TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY.	$210,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD E THORNBURGH	TRUSTEE	—	—
CORNELIA P THORNBURGH	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Thornburgh Family Foundation?

The Thornburgh Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $6.6M in total assets as of 2024.

How large is The Thornburgh Family Foundation?

As of 2024, The Thornburgh Family Foundation holds $6.6M in total assets with $696K in annual revenue. It awarded 9 grants totaling $560K in 2024.

Where does The Thornburgh Family Foundation operate?

The Thornburgh Family Foundation has awarded grants in Connecticut, Florida, New Jersey, New York, Ohio.

What size grants does The Thornburgh Family Foundation award?

In 2024, The Thornburgh Family Foundation awarded 9 grants totaling $560K — an average of about $62K per grant, based on its IRS Form 990 filings.

How much is The Thornburgh Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thornburgh Family Foundation reported a distributable amount of $495K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Thornburgh Family Foundation's EIN?

The Thornburgh Family Foundation's EIN (Employer Identification Number) is 20-3950886. IRS Form 990 filing data is available on this page for 2020–2024.