Thorek Memorial Foundation
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD BUDD | SECRETARY/TREASURER | 1 | — |
| MARIA PAPPAS | PRESIDENT | 0.5 | — |
| BHAGWAN JAIN MD | DIRECTOR | 0.5 | — |
| MANJEET CHAWLA MD | DIRECTOR | 0.5 | — |
| PAMELA NUGENT | DIRECTOR | 0.5 | — |
| PETER KARAHALIOS | DIRECTOR | 0.5 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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