Thorbeck Foundation Inc

GONVICK, MN EIN: 36-3487775

Thorbeck Foundation Inc is a private foundation, based in GONVICK, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $402K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $41K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$402K

+4.2% YoY

Annual Giving

$25K

-44.4% YoY

Grant Count

4

-55.6% YoY

Avg Grant Size

$6K

+25.0% YoY

About Thorbeck Foundation Inc

Based on IRS filings

Thorbeck Foundation Inc is a private foundation, based in GONVICK, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $402K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $41K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ClearbrookGonvickGullyLeonardNew GermanyPuposkyShevlin

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$64K$96K$128K201920202021202220232024
Metric202420232022
Total Assets$401,967$385,600$420,404
Revenue$42,524$11,317$44,160
Expenses$26,157$46,121$36,016
Qualifying Distributions$25,000$45,000$35,000
Net Investment Income$40,867$10,196$16,635
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$45K9 grants20195 grants20204 grants20217 grants20229 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Logan Westrum$10KKayla Ehlers$5KKaylee Westrum$5KJohn DeVries$5K

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jeanne NordstromPresident1
Katherine ImleSec-Treas1
Peter ImleDirector
Amy CrosbyDirector

Related Funders

Similar funders by location and focus area

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

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