Thomas J and Carol J Joseph Foundation
Thomas J and Carol J Joseph Foundation is a private foundation, based in Omro, WI. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.0M in total assets. Net investment income was $49K.
Key facts about Thomas J and Carol J Joseph Foundation
- EIN
- 61-1580005
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $1,044,381
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.0M
+4.9% YoY
Revenue
$56K
-89.3% YoY
Net Investment Income
$49K
-75.8% YoY
Expenses
$6K
-98.4% YoY
Under IRS private-foundation payout rules, Thomas J and Carol J Joseph Foundation reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.
How Thomas J and Carol J Joseph Foundation gives
- In 2024 it paid out 728% of 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
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $310K (2022) to $607K (2023). In 2024 it made 3 grants totaling $395K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 5 grants of 12 (42%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,044,381 | $995,277 | $875,720 |
| Revenue | $55,593 | $519,698 | $432,676 |
| Expenses | $6,489 | $400,141 | $615,372 |
| Qualifying Distributions | — | $394,900 | $610,000 |
| Net Investment Income | $49,308 | $203,889 | $120,369 |
| Distributable Amount | $62,448 | $54,275 | $48,426 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 14, 2026)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
Thomas J and Carol J Joseph Foundation is led by Thomas J. Joseph, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas J. Joseph
President
On filings since 2022
No compensation reported
Carol J. Joseph
Treasurer & Secretary
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Thomas J and Carol J Joseph Foundation
How large is Thomas J and Carol J Joseph Foundation?
Thomas J and Carol J Joseph Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $56K.
Where does Thomas J and Carol J Joseph Foundation operate?
Thomas J and Carol J Joseph Foundation has awarded grants in Florida, Wisconsin.
How much is Thomas J and Carol J Joseph Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Thomas J and Carol J Joseph Foundation reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thomas J and Carol J Joseph Foundation's EIN?
Thomas J and Carol J Joseph Foundation's EIN (Employer Identification Number) is 61-1580005. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Thomas J and Carol J Joseph Foundation by hand.
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