The Thorsen McNulty Family Foundation
The Thorsen McNulty Family Foundation is a private foundation, based in Glencoe, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $2K.
The Thorsen McNulty Family Foundation at a glance
In short: The Thorsen McNulty Family Foundation gave $2K across 2 grants in 2024 (avg $982.5), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,965
- -98.3% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $983
- -98.3% vs 2023
- Median grant
- $983
- Primary geography
- Ohio (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Thorsen McNulty Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Denison Unversity ($1K). Together the top 2 received $2K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How The Thorsen McNulty Family Foundation gives
- Giving fell 92% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2024) to $255K (2020). In 2024 it made 2 grants totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Denison Unversity Granville, OH | Charitable | $1,310 |
| Bates College Lewiston, ME | Charitable | $655 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $-1,890 | $4,990 | $1,965 | 2 | $1,965 | — | $123 |
| 2023 | $6,868 | $12,312 | $119,021 | $115,000 | 2 | $115,000 | $8,291 | $2,712 |
| 2022 | $113,577 | $-1,013 | $4,415 | — | — | — | — | $5,979 |
| 2021 | $119,026 | $13,895 | $29,459 | $25,000 | 1 | $25,000 | $9,454 | $7,247 |
| 2020 | $134,590 | $208,815 | $256,457 | $255,000 | 2 | — | $105,158 | $8,241 |
Under IRS private-foundation payout rules, The Thorsen McNulty Family Foundation reported a distributable amount of $123 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Thorsen McNulty Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jamie K. Thorsen
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Kyle J. McNulty
Trustee
On filings since 2020
No compensation reported
Lucas H. McNulty
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Thorsen McNulty Family Foundation
How much does The Thorsen McNulty Family Foundation give each year?
The Thorsen McNulty Family Foundation gave $2K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $115K across 2 grants.
Where does The Thorsen McNulty Family Foundation operate?
The Thorsen McNulty Family Foundation has awarded grants in Maine, Ohio.
How much is The Thorsen McNulty Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thorsen McNulty Family Foundation reported a distributable amount of $123 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Thorsen McNulty Family Foundation's EIN?
The Thorsen McNulty Family Foundation's EIN (Employer Identification Number) is 36-7129915. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Thorsen McNulty Family Foundation funds
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