Thompson Thrift Foundation Inc
THOMPSON THRIFT FOUNDATION INC is a private foundation based in Terre Haute, Indiana. Its 2025 grants supported organizations working in areas including addiction recovery, civic and cultural engagement, support for women and families, wildlife conservation, and pregnancy-related assistance.
Key facts about Thompson Thrift Foundation Inc
In short: Thompson Thrift Foundation Inc gave $1.3M across 49 grants in 2025 (avg $26K), top state Indiana. Source: 2025 IRS Form 990-PF.
- EIN
- 87-2730145
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,281,230
- Grants made (2025)
- 49
- Average grant
- $26,148
- Median grant
- $7,500
- Total assets
- $10,229,274
- Primary geography
- Indiana (40% of itemized 2025 grant dollars)
- How to apply
- The foundation states that it does not restrict giving to preselected organizations. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.2M
+40.7% YoY
Annual Giving
$1.3M
+27.2% YoY
Grant Count
49
+69.0% YoY
Avg Grant Size
$26K
-24.7% YoY
Under IRS private-foundation payout rules, Thompson Thrift Foundation Inc reported a distributable amount of $367K for 2025 — the minimum it must pay out in qualifying distributions.
How Thompson Thrift Foundation Inc gives
- 20% of 2025 grantees were also funded in 2024. Method
- Giving grew 460% from 2022 to 2025. Method
- In 2025 it paid out 350% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. Next Step Foundation Inc describes its mission as operating a rehabilitation home for women and men recovering from addiction. Heart Change Ministries Inc says it strengthens and equips women and their families in crisis and poverty through instruction, training, and supportive relationships. Big Life Foundation USA describes its work as protecting East Africa’s wildlife and wild lands, while Crossroads Care Clinic says it provides practical and spiritual assistance to women with problem pregnancies.
Grantmaking
In 2025, the foundation made 49 grants totaling $1,281,230. Grants ranged from $1,000 to $285,430, with a median of $7,500. The largest listed grants were $285,430 to International Cooperating Ministries, $156,000 to Next Step Foundation Inc, and $100,000 each to 1792 Exchange and Turning Point USA Inc. The listed grants were designated for general fund purposes.
Review Cycle
** None.
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Geographic Focus
Where this funder awards grants
In 2025, Indiana accounted for 40% of grant dollars, Virginia 22%, Ohio 8%, Washington 6%, and Kentucky 4%. The grants also included recipients in other states, including North Carolina, Alabama, Texas, and Colorado.
Grant Distribution by State
Share of all 49 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| INTERNATIONAL COOPERATING MINISTRIES Newport News, VA | GENERAL FUND | $285,430 |
| NEXT STEP FOUNDATION INC Terre Haute, IN | GENERAL FUND | $156,000 |
| 1792 EXCHANGE Springboro, OH | GENERAL FUND | $100,000 |
| TURNING POINT USA INC Indianapolis, IN | GENERAL FUND | $100,000 |
| BIG LIFE FOUNDATION USA Ridgefield, WA | GENERAL FUND | $75,000 |
| HEART CHANGE MINISTRIES Indianapolis, IN | GENERAL FUND | $75,000 |
| EMPATHY & COMPASSION Lexington, KY | GENERAL FUND | $52,000 |
| HEART FOR LEBANON FOUNDATION Black Mountain, NC | GENERAL FUND | $50,000 |
| CROSSROADS CARE CLINIC Terre Haute, IN | GENERAL FUND | $35,000 |
| SKILLED KNOWLEDEABLE YOUTH Alabaster, AL | GENERAL FUND | $33,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $1,281,230 | 49 |
| 2024 | $1,007,265 | 29 |
| 2023 | $404,075 | 7 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,229,274 | $7,269,350 | $4,970,116 |
| Revenue | $7,354,515 | $4,677,683 | $193,975 |
| Expenses | $1,341,330 | $1,030,600 | $491,001 |
| Qualifying Distributions | $1,283,644 | $1,009,477 | $416,482 |
| Net Investment Income | $3,544,027 | $1,569,129 | $167,055 |
| Distributable Amount | $366,528 | $298,764 | $274,784 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Paul Thrift as president and director; John Thompson as secretary, treasurer, and director; and Angie Thrift and Jennifer Thompson as directors.
Thompson Thrift Foundation Inc is led by Paul Thrift, President & Director on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul Thrift
President & Director
On filings since 2021
No compensation reported
Angie Thrift
Director
On filings since 2021
No compensation reported
Jennifer Thompson
Director
On filings since 2021
No compensation reported
John Thompson
Secretary, Treasurer & Director
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Paul Thrift
Mailing address: 901 Wabash Avenue Suite 300, Terre Haute, IN 47807
Phone: (513) 381-2838
Frequently asked questions about Thompson Thrift Foundation Inc
How much does Thompson Thrift Foundation Inc give each year?
Thompson Thrift Foundation Inc gave $1.3M across 49 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 29 grants.
What is Thompson Thrift Foundation Inc's typical grant size?
Thompson Thrift Foundation Inc's median grant in 2025 was $7,500, and its average grant was $26,148, across 49 grants on its 2025 IRS Form 990-PF.
Where does Thompson Thrift Foundation Inc give grants?
Thompson Thrift Foundation Inc's top state is Indiana, with 40% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Virginia (22%) and Ohio (8%). The most frequent recipient cities were Terre Haute, IN (10 grants), Indianapolis, IN (8 grants) and Atlanta, GA (2 grants).
Does Thompson Thrift Foundation Inc give general operating support?
Yes: 100% of Thompson Thrift Foundation Inc's 2025 grants with a stated purpose (49 of 49) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Thompson Thrift Foundation Inc's largest grantees?
Thompson Thrift Foundation Inc's largest 2025 grantees include International Cooperating Ministries ($285,430), Next Step Foundation Inc ($156,000) and 1792 Exchange ($100,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.
How large is Thompson Thrift Foundation Inc?
Thompson Thrift Foundation Inc reported $10.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $367K (roughly 5% of its investment assets).
What does Thompson Thrift Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. Next Step Foundation Inc describes its mission as operating a rehabilitation home for women and men recovering from addiction. Heart Change Ministries Inc says it strengthens and equips women and their families in crisis and poverty through instruction, training, and supportive relationships. Big Life Foundation USA describes its work as protecting East Africa’s wildlife…
How do I apply for a grant from Thompson Thrift Foundation Inc?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Thompson Thrift Foundation Inc's EIN?
Thompson Thrift Foundation Inc's EIN (Employer Identification Number) is 87-2730145. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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