Theo Chocolate Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 45-2457342

Theo Chocolate Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2021. In 2021, it awarded 1 grant totaling $5K. Net investment income was $8.

Theo Chocolate Foundation at a glance

In short: Theo Chocolate Foundation gave $5K across 1 grant in 2021 (avg $5K), mostly in Washington. Source: 2021 IRS Form 990-PF.

Annual giving (2021)
$4,896
-51.0% vs 2020
Grants made (2021)
1
+0.0% vs 2020
Average grant
$4,896
-51.0% vs 2020
Median grant
$4,896
Primary geography
Washington (100% of itemized 2021 grant dollars)
Latest 990 filing
Form 990-PF, 2021 View filing

Data from IRS Form 990-PF, 2021; updated September 2026.

Who Theo Chocolate Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2021

Farestart: $5KFarestart$5K

The largest 2021 recipient was Farestart ($5K).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2021 grant dollars on its one itemized grant.

States

Cities

Seattle

How Theo Chocolate Foundation gives

  • In 2021 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

$0$2.5K$5K$7.5K$10K1 grant2019 1 grant2020 1 grant2021

From 2019 to 2021, annual grant giving ranged from $5K (2021) to $10K (2020). In 2021 it made 1 grant totaling $5K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Farestart Seattle, WAGeneral & Unrestricted$4,896
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2021—$8$9,931$4,8961$9,921$8$304
2020$9,923$10,018$13,026$10,0001—$18$559
2019$12,931$10,053$13,026$10,0001—$53$701

Under IRS private-foundation payout rules, Theo Chocolate Foundation reported a distributable amount of $304 for 2021 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Theo Chocolate Foundation is led by John Morris, President, Director & Secretary on every filing since 2019; none of the 5 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • John Morris

    President, Director & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Etienne Patout

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mitzi Morris

    Director & Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kathryn Grayson

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark Grayson

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2021. "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 Theo Chocolate Foundation

How much does Theo Chocolate Foundation give each year?

Theo Chocolate Foundation gave $5K across 1 grant in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $10K across 1 grant.

Where does Theo Chocolate Foundation operate?

Theo Chocolate Foundation has awarded grants in Washington.

How much is Theo Chocolate Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Theo Chocolate Foundation reported a distributable amount of $304 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Theo Chocolate Foundation's EIN?

Theo Chocolate Foundation's EIN (Employer Identification Number) is 45-2457342. IRS Form 990 filing data is available on this page for 2019–2021.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 14, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 6, 2022)
  4. IRS filings on file for fiscal years 2019–2021

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Theo Chocolate Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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