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.
Thorek Memorial Foundation at a glance
In short: Thorek Memorial Foundation gave $350K across 5 grants in 2024 (avg $70K), mostly in Illinois. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $350,000
- +16.7% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $70,000
- -30.0% vs 2023
- Median grant
- $25,000
- Total assets
- $13,732,962
- +12.7% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Thorek Memorial Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Northwestern Memorial Foundation ($250K). Together the top 5 received $350K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 7 grants of 12 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Thorek Memorial Foundation gives
- Giving fell 30% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2022) to $500K (2021). In 2024 it made 5 grants totaling $350K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern Memorial Foundation Chicago, IL | General Support | $250,000 |
| Thresholds Chicago, IL | General Support | $25,000 |
| Asian Human Services Chicago, IL | General Support | $25,000 |
| NAMI Chicago Chicago, IL | General Support | $25,000 |
| Thai Association of Greater Chicago Chicago, IL | General Support | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $13,732,962 | $815,776 | $418,867 | $350,000 | 5 | $815,776 |
| 2023 | $12,181,159 | $404,135 | $312,607 | $300,000 | 3 | $404,135 |
| 2022 | $10,649,369 | $457,781 | $51,686 | $25,000 | 1 | $457,781 |
| 2021 | $12,521,547 | $745,010 | $572,618 | $500,000 | 1 | $745,010 |
| 2020 | $11,155,038 | $511,248 | $359,812 | $300,000 | 2 | $511,248 |
About Thorek Memorial Foundation
Based on IRS filings
Thorek Memorial Foundation is a public charity, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.7M in total assets. In 2024, it awarded 5 grants totaling $350K. Net investment income was $816K.
Leadership & Key People
Officers and directors from IRS filings
Thorek Memorial Foundation is led by Maria Pappas, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Maria Pappas
President
On filings since 2020
0.5 hrs/week
No compensation reported
Bhagwan Jain MD
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Manjeet Chawla MD
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Pamela Nugent
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Peter Karahalios
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Edward Budd
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Jagan Mohan MD (2020–2023) — Director -
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Thorek Memorial Foundation
How much does Thorek Memorial Foundation give each year?
Thorek Memorial Foundation gave $350K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $300K across 3 grants.
What is Thorek Memorial Foundation's typical grant size?
Thorek Memorial Foundation's median grant in 2024 was $25,000, and its average grant was $70,000, across 5 grants on its 2024 IRS Form 990.
Where does Thorek Memorial Foundation give grants?
Thorek Memorial Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Chicago, IL (5 grants).
Does Thorek Memorial Foundation give general operating support?
Yes: 100% of Thorek Memorial Foundation's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990.
Who are Thorek Memorial Foundation's largest grantees?
Thorek Memorial Foundation's largest 2024 grantees include Northwestern Memorial Foundation ($250,000), Thresholds ($25,000) and Asian Human Services ($25,000), according to its 2024 IRS Form 990. Together they received 86% of its itemized 2024 grant dollars.
How large is Thorek Memorial Foundation?
Thorek Memorial Foundation reported $13.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $816K.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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