Thomas B Fordham Foundation logo

Thomas B Fordham Foundation

BURKE, VA EIN: 31-6032844 Website

The Thomas B. Fordham Foundation supports the Thomas B. Fordham Institute, the nation's leader in advancing educational excellence, by providing quality research, analysis and commentary, as well as on-the-ground action and advocacy in Ohio.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$82.3M

+8.5% YoY

Annual Giving

$149K

+14.9% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$19K

-13.8% YoY

About Thomas B Fordham Foundation

Based on IRS filings

Thomas B Fordham Foundation is a nonprofit organization, based in BURKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82.3M in total assets. In 2024, it awarded 8 grants totaling $149K. Net investment income was $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CincinnatiClevelandColumbusDaytonKetteringMount PleasantNew YorkPortsmouthWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$887K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$82,318,168$75,889,511$68,013,361
Revenue$2,904,104$2,465,046$2,482,473
Expenses$2,606,540$2,634,188$3,225,258
Qualifying Distributions
Net Investment Income$1,577,304$1,436,464$1,604,316
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$81K$122K$162K7 grants20209 grants20217 grants20226 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Dayton Leadership Academ…$40KDayton Foundation Friend…$38KReGeneration Schools Ohio$16KUnited Preparatory Academy$14KIDEA Greater Cincinnati$13KKIPP Columbus$13KWe Care Arts$10KInstitute for Excellence…$5K

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dayton Leadership Academies ($40,000), Dayton Foundation Friends of DECA Fund ($38,000), ReGeneration Schools Ohio ($16,000).

RecipientPurposeAmount
Dayton Foundation Friends of DECA Fund Dayton, OHSupport library and classroom library resources across the DECA organization's schools; build in-house expertise in the science of reading by funding teacher development at Mt. St. Joseph University, and to provide funding for DECA's extracurricular activities$38,000
Dayton Leadership Academies Dayton, OHSupport summer programming or tutoring; support teacher professional development for Responsive Classroom training and to fund extra-curricular activities.$40,000
IDEA Greater Cincinnati Cincinnati, OHSupport Surplus at FY end.$13,000
Institute for Excellence in Education Mount Pleasant, MISupport Board Training.$5,358
KIPP Columbus Columbus, OHTBF Sponsorship Surplus at FY end.$13,000
ReGeneration Schools Ohio Cincinnati, OHTBF Sponsorship Surplus at FY end.$16,000
United Preparatory Academy Columbus, OHTBF Sponsorship Surplus at FY end.$14,000
We Care Arts Kettering, OHGeneral support$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Michael J PetrilliPresident And Trustee$381KAmber M NorthernSenior VP For Research$284KChad L AldisVP For Ohio Policy And Advoc…$258KChester E Finn JrPresident Emeritus And Trustee$236KGary E LaBelleVP For Finance And Operations$204KKathryn I MullenVP For Sponsorship And Dayton$188KVictoria McdougaldChief Of Staff$127KAdam B TynerNational Research Director$127KThomas A HoltonSecretary And Trustee$6KMichael W KellyTreasurer And Trustee$6KIan RoweTrustee$6KStefanie SanfordTrustee$6KCaprice YoungTrustee$6KBruno V MannoChairman/Trustee$5K

From 2024 filing

NameTitleHoursCompensation
Bruno V MannoChairman/Trustee0.5$5,000
Thomas A HoltonSecretary And Trustee0.5$6,000
Michael W KellyTreasurer And Trustee0.5$6,000
Ian RoweTrustee0.5$6,000
Stefanie SanfordTrustee0.5$6,000
Caprice YoungTrustee0.5$6,000
Rod PaigeTrustee0.25
Michael J PetrilliPresident And Trustee10$380,707
Chester E Finn JrPresident Emeritus And Trustee3.5$235,708
Gary E LaBelleVP For Finance And Operations25$204,134
Amber M NorthernSenior VP For Research2$283,785
Chad L AldisVP For Ohio Policy And Advocacy0.5$257,946
Kathryn I MullenVP For Sponsorship And Dayton50$187,679
Victoria McdougaldChief Of Staff10$126,906
Adam B TynerNational Research Director$126,671

Frequently Asked Questions

How large is Thomas B Fordham Foundation?

As of 2024, Thomas B Fordham Foundation holds $82.3M in total assets with $2.9M in annual revenue. It awarded 8 grants totaling $149K in 2024.

Where does Thomas B Fordham Foundation operate?

Thomas B Fordham Foundation has awarded grants in District of Columbia, Michigan, New York, Ohio.

What size grants does Thomas B Fordham Foundation award?

In 2024, Thomas B Fordham Foundation awarded 8 grants totaling $149K — an average of about $19K per grant, based on its IRS Form 990 filings.

What is Thomas B Fordham Foundation's EIN?

Thomas B Fordham Foundation's EIN (Employer Identification Number) is 31-6032844. IRS Form 990 filing data is available on this page for 2020–2024.

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

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