Thoresen Foundation logo

Thoresen Foundation

CANTON, GA EIN: 36-6102493 Website

The Thoresen Foundation is a private foundation headquartered in Canton, Georgia. Established in 1952 in Chicago, Illinois, the foundation was created to provide contributions to worthy charitable and eleemosynary causes including scientific, educational, medical, and environmental issues. The foundation operates with a small staff of two employees and maintains a discretionary grantmaking approach.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.5M

-36.7% YoY

Grant Count

32

-27.3% YoY

Avg Grant Size

$46K

-12.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports higher education, environmental and wildlife conservation, and health-related causes. Primary funding priorities include:

  • Higher education
  • Environmental and wildlife conservation
  • Health associations
  • Education
  • Science and STEM education

Grantmaking

The Thoresen Foundation does not accept unsolicited applications. The foundation operates on a preselected basis only, with trustees identifying and selecting organizations for operational support on a discretionary basis. There are no formal grant programs with defined application cycles.

Grant Range

$5,000–$300,000

Average Grant

amount: $52,795

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states, with particular focus on:

  • North Carolina
  • California
  • Mississippi
  • Florida
  • Georgia
  • Arizona

Grant Distribution by State

17states
+9 more states

Cities

ARLINGTONArlingtonAshevilleAtlantaBANNER ELKBEECH MOUNTAINBOONEBRISBANEBanner ElkBeech MountainBooneBrisbaneCANTONCONCORDConcordDENVERELK PARKElk ParkElyEssex

Financial History

Multi-year comparison from IRS filings

Assets & Annual Giving (as of 2024):

  • Total assets: $39,138,731–$44,000,000
  • Total annual giving: $1,471,000–$2,500,000
  • Total revenues (2024): $2,762,817
  • Total expenses (2024): $1,920,440
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$581K$1M$2M$2M10 grants20206 grants202135 grants202244 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Dolphin Swimming and Boa…$275KPARC$120KAppalachian Regional Hea…$100KGrandfather Mtn Stewards…$100KMoffitt Cancer Ctr$100KWilliams YMCA$100KFire in the Ring$90KWildlife Restoration Fdn$90KCommunity Youth Center$50KLees Mcrae College$50K

Grant Size Distribution

127 grants across all recorded years

73<$50K27$50–100K23$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dolphin Swimming and Boating ($275,000), Parc ($120,000), Appalachian Regional Healthcare System ($100,000).

RecipientPurposeAmount
Anne's Kids Inc Newland, NCOperational Support$5,000
Appalachian Regional Healthcare System Boone, NCOperational Support$100,000
Banner Elk Presbyterian Church Banner Elk, NCOperational Support$25,000
The Beech Mountain Community Development Club Elk Park, NCOperational Support$20,000
Beech Mtn Historial Soc Beech Mountain, NCOperational Support$5,000
Catholic Charities San Fransisco, CACYO Aging Adult Services, CYO Athletics, CYO Camp & CYO Treasure Island Child Development$6,000
Childhelp Inc Scottsdale, AZOperational Support$12,500
Community Youth Center Concord, CAOperational Support$50,000
De Paul Youth Club Long Beach, MSOperational Support$10,000
Dolphin Swimming and Boating San Francisco, CAOperational Support$275,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by two trustees:

  • Michael Thoresen – Trustee (20 hours/week, $120,000 annual compensation)
  • Paul O'Connell – Trustee (20 hours/week, $120,000 annual compensation)

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Contact Information

Address: 2725 Woodridge Chase Canton, GA 30114

Phone: 828-260-5480

Website: thoresenfoundation.com

Frequently Asked Questions

What does Thoresen Foundation fund?

The foundation supports higher education, environmental and wildlife conservation, and health-related causes. Primary funding priorities include: • Higher education • Environmental and wildlife conservation • Health associations • Education • Science and STEM education

How do I apply for a grant from Thoresen Foundation?

**Grant Characteristics:** • Grant range: $5,000–$300,000 • Median grant amount: $22,000 • Average grant amount: $52,795 • Annual number of grants: 32–44 grants per year **Application Process:** The Thoresen Foundation does not accept unsolicited applications. The foundation operates on a preselected basis only, with trustees identifying and selecting organizations for operational support on a discretionary basis. There are no formal grant programs with defined application cycles. **Recent Gran…

Where does Thoresen Foundation make grants?

The foundation supports organizations across multiple states, with particular focus on: • North Carolina • California • Mississippi • Florida • Georgia • Arizona

What size grants does Thoresen Foundation award?

In 2024, Thoresen Foundation awarded 32 grants totaling $1.5M — an average of about $46K per grant, based on its IRS Form 990 filings.

What is Thoresen Foundation's EIN?

Thoresen Foundation's EIN (Employer Identification Number) is 36-6102493. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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