The Thorsen McNulty Family Foundation

Private foundation · Grantmaker Glencoe, IL EIN: 36-7129915

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.

Key facts about The Thorsen McNulty Family Foundation

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.

EIN
36-7129915
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,965
Grants made (2024)
2
Average grant
$983
Median grant
$983
Primary geography
Ohio (67% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2K

-98.3% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$982.5

-98.3% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

GranvilleKents HillLewiston

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K2 grants2020 1 grant2021 0 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $2K (2024) to $255K (2020). In 2024 it made 2 grants totaling $2K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Denison Unversity: $1KDenison Unversity$1KBates College: $655Bates College$655

The largest 2024 recipient was Denison Unversity ($1K). Together the top 2 received $2K.

Grant Size Distribution

7 grants across all recorded years

5<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 7 (71%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Denison Unversity Granville, OHCharitable$1,310
Bates College Lewiston, MECharitable$655

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$6,868$113,577
Revenue$-1,890$12,312$-1,013
Expenses$4,990$119,021$4,415
Qualifying Distributions$1,965$115,000—
Net Investment Income—$8,291—
Distributable Amount$123$2,712$5,979

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 26, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 28, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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.

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