Thomas A & Lucille B Horne Foundation

KAYSVILLE, UT EIN: 94-2594430

Thomas A & Lucille B Horne Foundation is a private foundation, based in KAYSVILLE, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 8 grants totaling $84K. Net investment income was $112K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+0.2% YoY

Annual Giving

$84K

-11.2% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$10K

+11.0% YoY

Under IRS private-foundation payout rules, Thomas A & Lucille B Horne Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.

About Thomas A & Lucille B Horne Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $487K (94%)

Hawaii $28K (5%)

California $3K (1%)

States

California Hawaii Utah

Cities

La MesaLaieSalt Lake CitySouth Salt Lake

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,650,829	$1,648,235	$1,543,802
Revenue	$120,577	$118,782	$6,307
Expenses	$99,274	$106,179	$107,445
Qualifying Distributions	$90,874	$97,728	$94,999
Net Investment Income	$111,625	$43,111	$12,455
Distributable Amount	$81,716	$77,858	$81,404

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

47 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lds Philanthropies ($30,000), BYU Hawaii ($13,500), Primary Childrens Medical Cent ($10,000).

Recipient	Purpose	Amount
Primary Childrens Medical Cent Salt Lake City, UT	Care of Children	$10,000
Salt Lake Education Foundation Salt Lake City, UT	Public Education	$10,000
Shriner's Hospital Salt Lake City, UT	Care of Children	$10,000
Utah Food Bank Salt Lake City, UT	Care of Needy	$5,000
LDS PHILANTHROPIES SALT LAKE CITY, UT	Humanitarian Aid	$30,000
BYU Hawaii Laie, HI	Public Education	$13,500
Grossmont High School La Mesa, CA	Public Education	$2,500
Granite Education Foundation South Salt Lake, UT	Public Education	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Thomas B Horne	Trustee	—	—
Susan S Horne	Trustee	—	—
Briony Horne	Trustee	—	—

Frequently Asked Questions

How large is Thomas A & Lucille B Horne Foundation?

As of 2024, Thomas A & Lucille B Horne Foundation holds $1.7M in total assets with $121K in annual revenue. It awarded 8 grants totaling $84K in 2024.

Where does Thomas A & Lucille B Horne Foundation operate?

Thomas A & Lucille B Horne Foundation has awarded grants in California, Hawaii, Utah.

What size grants does Thomas A & Lucille B Horne Foundation award?

In 2024, Thomas A & Lucille B Horne Foundation awarded 8 grants totaling $84K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Thomas A & Lucille B Horne Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas A & Lucille B Horne Foundation reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Thomas A & Lucille B Horne Foundation's EIN?

Thomas A & Lucille B Horne Foundation's EIN (Employer Identification Number) is 94-2594430. IRS Form 990 filing data is available on this page for 2020–2024.