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Thorek Memorial Foundation

CHICAGO, IL EIN: 36-6124318 Website

THOREK MEMORIAL FOUNDATION WAS CREATED TO PROVIDE SERVICE TO THE COMMUNITY AND TO PROMOTE AND FOSTER UNDERSTANDING OF VARIOUS HEALTH AND WELLNESS CONCERNS AFFECTING THE MEMBERS OF THE COMMUNITY. THE FOUNDATION WILL USE ITS RESOURCES TO IDENTIFY HEALTHCARE NEEDS, IMPROVE POPULATION HEALTH, AND ADDRESS OTHER NEEDS WITHIN THE COMMUNITY IT SERVES. THE FOUNDATION WILL PROVIDE FINANCIAL SUPPORT TO ORGANIZATIONS IN THE COMMUNITY TO ASSIST THEIR OPERATIONS, ACTIVITIES, AND FULFILL THEIR MISSIONS. THOREK MEMORIAL FOUNDATION WILL SPONSOR VARIOUS SCIENTIFIC, EDUCATIONAL, AND CHARITABLE ENDEAVORS THAT RESULT FROM THE IDENTIFICATION OF CERTAIN COMMUNITY HEALTH ISSUES. THOREK MEMORIAL FOUNDATION WILL ALSO SUPPORT AND ENRICH THOREK MEMORIAL HOSPITAL THROUGH VARIOUS EDUCATIONAL ACTIVITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.7M

+12.7% YoY

Revenue

$816K

+101.9% YoY

Net Investment Income

$816K

+101.9% YoY

Expenses

$419K

+34.0% YoY

About Thorek Memorial Foundation

Based on IRS filings

Thorek Memorial Foundation is a nonprofit organization, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.7M in total assets. Net investment income was $816K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ADDISONCHICAGONEW YORK

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$224K$449K$673K$897K20202021202220232024
Metric202420232022
Total Assets$13,732,962$12,181,159$10,649,369
Revenue$815,776$404,135$457,781
Expenses$418,867$312,607$51,686
Qualifying Distributions
Net Investment Income$815,776$404,135$457,781
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$125K$250K$375K$500K2 grants20201 grants20211 grants20223 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

3<$50K1$50–100K$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD BUDDSECRETARY/TREASURER1
MARIA PAPPASPRESIDENT0.5
BHAGWAN JAIN MDDIRECTOR0.5
MANJEET CHAWLA MDDIRECTOR0.5
PAMELA NUGENTDIRECTOR0.5
PETER KARAHALIOSDIRECTOR0.5

Frequently Asked Questions

How large is Thorek Memorial Foundation?

As of 2024, Thorek Memorial Foundation holds $13.7M in total assets with $816K in annual revenue.

Where does Thorek Memorial Foundation operate?

Thorek Memorial Foundation has awarded grants in Illinois, New York.

What is Thorek Memorial Foundation's EIN?

Thorek Memorial Foundation's EIN (Employer Identification Number) is 36-6124318. IRS Form 990 filing data is available on this page for 2020–2024.

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

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