Thomsen Foundation Inc
Thomsen Foundation Inc is a private foundation, based in Oakland Park, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $8.9M in total assets. In 2025, it awarded 1 grant totaling $275K. Net investment income was $1.3M.
Thomsen Foundation Inc at a glance
In short: Thomsen Foundation Inc gave $275K across 1 grant in 2025 (avg $275K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $275,000
- +3.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $275,000
- +3.4% vs 2024
- Median grant
- $275,000
- Total assets
- $8,927,532
- +73.3% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Thomsen Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Mayo Clinic Dept of Development ($275K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Thomsen Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $246K (2021) to $292K (2023). In 2025 it made 1 grant totaling $275K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic Dept of Development Rochester, MN | To Be Used for Qualified Purposes | $275,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,927,532 | $5,207,572 | $309,621 | $275,000 | 1 | $287,400 | $1,271,522 | $325,523 |
| 2024 | $5,151,746 | $168,135 | $297,257 | $266,000 | 1 | $276,328 | $149,281 | $283,525 |
| 2023 | $5,279,458 | $107,125 | $325,431 | $292,000 | 1 | $304,462 | $87,397 | $279,146 |
| 2022 | $5,497,764 | $156,131 | $328,465 | $292,000 | 1 | $303,375 | $132,862 | $303,931 |
| 2021 | $5,670,098 | $263,646 | $283,169 | $246,000 | 2 | — | $236,777 | $301,827 |
Under IRS private-foundation payout rules, Thomsen Foundation Inc reported a distributable amount of $326K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Thomsen Foundation Inc is led by Susan Davis, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan Davis
President
On filings since 2021
1 hr/week
No compensation reported
Rowena Deen
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Valerie S. Armagno
Vice President & Secretary
On filings since 2021
1 hr/week
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 Thomsen Foundation Inc
How much does Thomsen Foundation Inc give each year?
Thomsen Foundation Inc gave $275K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $266K across 1 grant.
How large is Thomsen Foundation Inc?
Thomsen Foundation Inc reported $8.9M in total assets on its 2025 IRS Form 990-PF. It paid out $287K in qualifying distributions that year, against a required minimum of $326K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Thomsen Foundation Inc operate?
Thomsen Foundation Inc has awarded grants in Minnesota, New York.
What is Thomsen Foundation Inc's EIN?
Thomsen Foundation Inc's EIN (Employer Identification Number) is 59-2070983. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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