Thelma B & Thomas P Hart Foundation

RENO, NV EIN: 86-0881550

The Thelma B & Thomas P Hart Foundation is a private, independent 501(c)(3) foundation established in 1998 and based in Reno, Nevada. The foundation operates as a family foundation with a focus on philanthropic grantmaking to nonprofit organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22.4M

+2.2% YoY

Annual Giving

$1.2M

-3.4% YoY

Grant Count

39

-4.9% YoY

Avg Grant Size

$32K

+1.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation gives primarily for:

  • Education
  • Children's programs
  • Service animal programs
  • Health and wellness
  • Community-based programs

Types of support provided include:

  • General operating support
  • Project support
  • Capital and building funds
  • Equipment
  • Sponsorships and events

Grantmaking

The foundation has made grants totaling $721,500 across multiple recipients in recent filings.

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Geographic Focus

Where this funder awards grants

The foundation primarily supports nonprofit organizations in:

  • Northern Nevada
  • Northern California
  • Hawaii

Grant Distribution by State

4states

Cities

Carson CityGilroyHonoluluIncline VillageKilaueaKings BeachLas VegasMccarranPuuneneRenoSacramentoSammamishSan RafaelSanta PaulaSanta RosaSparksTruckeeVirginia City

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total assets: $22,419,482
  • Total revenues: $2,214,284
  • Total expenses: $1,748,007
  • Total liabilities: $0
  • Number of employees: 2
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$609K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$22,419,482$21,941,160$23,118,398
Revenue$2,214,284$497,020$728,098
Expenses$1,748,007$1,689,618$1,577,415
Qualifying Distributions$1,445,822$1,479,508$1,333,649
Net Investment Income$1,919,599$345,174$503,037
Distributable Amount$1,479,280$1,407,058$1,434,280

Giving Over Time

Total grant dollars and number of grants per year

$0$318K$637K$955K$1M39 grants202052 grants202146 grants202241 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNR Foundation$150KGuide Dogs for the Blind$125KUNR Foundation$125KNevada Museum of Art$100KBig Brothers Big Sisters…$55KBoys and Girls Club of T…$50KFood Bank of Northern Ne…$50KGreater Reno Comm Ice Sk…$50KNorthern Nevada Youth Go…$50KRenown Health Foundation$50K

Grant Size Distribution

215 grants across all recorded years

169<$50K33$50–100K12$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Craig KarraschTrustee$152KMark KnobelTrustee$152K

From 2024 filing

NameTitleHoursCompensation
Craig KarraschTrustee9$152,000
Mark KnobelTrustee10$152,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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