Thomsen Foundation Inc

Foundation · Grantmaker OAKLAND PARK, FL EIN: 59-2070983

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.

Key facts about Thomsen Foundation Inc

EIN
59-2070983
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$275,000
Grants made (2025)
1
Average grant
$275,000
Median grant
$275,000
Total assets
$8,927,532
Primary geography
Minnesota (100% of itemized 2025 grant dollars)

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

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.

Next steps with Thomsen Foundation Inc

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.9M

+73.3% YoY

Annual Giving

$275K

+3.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$275K

+3.4% YoY

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.

About Thomsen Foundation Inc

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2025 grant dollars.

Cities

RochesterNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20212022202320242025
Metric202520242023
Total Assets$8,927,532$5,151,746$5,279,458
Revenue$5,207,572$168,135$107,125
Expenses$309,621$297,257$325,431
Qualifying Distributions$287,400$276,328$304,462
Net Investment Income$1,271,522$149,281$87,397
Distributable Amount$325,523$283,525$279,146

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$73K$146K$219K$292K2 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Mayo Clinic Dept of Development: $275KMayo Clinic Dept ofDevelopment$275K

Grant Size Distribution

6 grants across all recorded years

1<$50K$50–100K1$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Mayo Clinic Dept of Development ($275,000).

RecipientPurposeAmount
MAYO CLINIC DEPT OF DEVELOPMENT ROCHESTER, MNTO BE USED FOR QUALIFIED PURPOSES$275,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Susan DavisPresident1—
Valerie S ArmagnoVP/Secretary1—
Rowena DeenTreasurer1—

Frequently Asked Questions

How large is Thomsen Foundation Inc?

As of 2025, Thomsen Foundation Inc holds $8.9M in total assets with $5.2M in annual revenue. It awarded 1 grant totaling $275K in 2025.

Where does Thomsen Foundation Inc operate?

Thomsen Foundation Inc has awarded grants in Minnesota, New York.

What size grants does Thomsen Foundation Inc award?

In 2025, Thomsen Foundation Inc awarded 1 grant totaling $275K — an average of about $275K per grant, based on its IRS Form 990 filings.

How much is Thomsen Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Thomsen Foundation Inc reported a distributable amount of $326K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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