Thompson Thrift Foundation Inc

Private foundation · Grantmaker Terre Haute, IN EIN: 87-2730145

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.

Thompson Thrift Foundation Inc at a glance

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.

Annual giving (2025)
$1,281,230
+27.2% vs 2024
Grants made (2025)
49
+69.0% vs 2024
Average grant
$26,148
-24.7% vs 2024
Median grant
$7,500
Total assets
$10,229,274
+40.7% vs 2024
Primary geography
Indiana (40% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

How to apply to Thompson Thrift Foundation Inc

How to Apply

The foundation states that it does not restrict giving to preselected organizations. Applicants should contact Paul Thrift and provide sufficient written details to determine the need and purpose. Awards are limited to Section 501(c)(3) purposes.

Contact

Application contact: Paul Thrift
Mailing address: 901 Wabash Avenue Suite 300, Terre Haute, IN 47807
Phone: (513) 381-2838

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Thompson Thrift Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

International Cooperating Ministries: $285KInternational CooperatingMinistries$285KNext Step Foundation Inc: $156KNext Step Foundation Inc$156K1792 Exchange: $100K1792 Exchange$100KTurning Point USA Inc: $100KTurning Point USA Inc$100KBig Life Foundation USA: $75KBig Life Foundation USA$75KHeart Change Ministries: $75KHeart Change Ministries$75KEmpathy & Compassion: $52KEmpathy & Compassion$52KHeart for Lebanon Foundation: $50KHeart for Lebanon Foundation$50KCrossroads Care Clinic: $35KCrossroads Care Clinic$35KSkilled Knowledeable Youth: $33KSkilled Knowledeable Youth$33K

The largest 2025 recipient was International Cooperating Ministries ($285K). Together the top 10 received $961K.

Grant Size Distribution

93 grants across all recorded years

78<$50K7$50–100K5$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 78 grants of 93 (84%).

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

18states

Share of 2025 grant dollars across all 49 itemized grants.

Cities

Terre HauteIndianapolisAtlantaBedfordColorado SpringsHamptonLexingtonMarshallAlabasterNewport NewsRidgefieldAlexandriaAlpharettaBrazilCanbyCarmelCastle RockCocoaDallasFishers

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M0 grants2021 8 grants2022 7 grants2023 29 grants2024 49 grants2025

From 2022 to 2025, annual grant giving ranged from $229K (2022) to $1.3M (2025). In 2025 it made 49 grants totaling $1.3M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
International Cooperating Ministries Newport News, VAGeneral Fund$285,430
Next Step Foundation Inc Terre Haute, INGeneral Fund$156,000
1792 Exchange Springboro, OHGeneral Fund$100,000
Turning Point USA Inc Indianapolis, INGeneral Fund$100,000
Big Life Foundation USA Ridgefield, WAGeneral Fund$75,000
Heart Change Ministries Indianapolis, INGeneral Fund$75,000
Empathy & Compassion Lexington, KYGeneral Fund$52,000
Heart for Lebanon Foundation Black Mountain, NCGeneral Fund$50,000
Crossroads Care Clinic Terre Haute, INGeneral Fund$35,000
Skilled Knowledeable Youth Alabaster, ALGeneral Fund$33,000
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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
2025$10,229,274$7,354,515$1,341,330$1,281,23049$1,283,644$3,544,027$366,528
2024$7,269,350$4,677,683$1,030,600$1,007,26529$1,009,477$1,569,129$298,764
2023$4,970,116$193,975$491,001$404,0757$416,482$167,055$274,784
2022$5,256,318$6,456,102$261,877$228,6008$241,310$2,185,552$62,099
2021$927,466$1,797,989————$1,360$7,157

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

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.

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.

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. See mission & focus areas ↑

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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 20, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  6. IRS filings on file for fiscal years 2021–2024

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Cite this profile

Grantable. (2026). Thompson Thrift Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/thompson-thrift-foundation-inc-morg_45f45bc9bce8406d89e3e5054fef91f2

BibTeX
@misc{grantable_872730145_2026,
  author       = {{Grantable}},
  title        = {{Thompson Thrift Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/thompson-thrift-foundation-inc-morg_45f45bc9bce8406d89e3e5054fef91f2},
  note         = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}

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Figures come from Thompson Thrift Foundation Inc'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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