Thorbeck Foundation Inc
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.
Ready to take the next step with Thorbeck Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Logan Westrum ($10,000), Kayla Ehlers ($5,000), Kaylee Westrum ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Kayla Ehlers New Germany, MN | College Education Scholarship | $5,000 |
| Kaylee Westrum Clearbrook, MN | College Education Scholarship | $5,000 |
| John DeVries Shevlin, MN | College Education Scholarship | $5,000 |
| Logan Westrum Clearbrook, MN | College Education Scholarship | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeanne Nordstrom | President | 1 | — |
| Katherine Imle | Sec-Treas | 1 | — |
| Peter Imle | Director | — | — |
| Amy Crosby | Director | — | — |
Frequently Asked Questions
How large is Thorbeck Foundation Inc?
As of 2024, Thorbeck Foundation Inc holds $402K in total assets with $43K in annual revenue. It awarded 4 grants totaling $25K in 2024.
Where does Thorbeck Foundation Inc operate?
Thorbeck Foundation Inc has awarded grants in Minnesota.
What size grants does Thorbeck Foundation Inc award?
In 2024, Thorbeck Foundation Inc awarded 4 grants totaling $25K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Thorbeck Foundation Inc's EIN?
Thorbeck Foundation Inc's EIN (Employer Identification Number) is 36-3487775. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Thorbeck Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.