Thorbeck Foundation Inc

GONVICK, MN EIN: 36-3487775

Financial Overview

From 2024 IRS Form 990-PF

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

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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

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Thorbeck Foundation Inc fund?

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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

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

ClearbrookGonvickGullyLeonardNew GermanyPuposkyShevlin

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

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