Thoreson Family Foundation Trust
Thoreson Family Foundation Trust is a private foundation, based in Suamico, WI. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $33K in total assets. Net investment income was $735.
Key facts about Thoreson Family Foundation Trust
- EIN
- 39-1393535
- Latest 990 filing
- Form 990-PF, 2026
- Total assets
- $32,540
Data from IRS Form 990-PF, 2026; updated October 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$33K
+6.1% YoY
Revenue
$1K
+15.7% YoY
Net Investment Income
$735
Expenses
$598
-78.0% YoY
Under IRS private-foundation payout rules, Thoreson Family Foundation Trust reported a distributable amount of $2K for 2026 — the minimum it must pay out in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2023 |
|---|---|---|---|
| Total Assets | $32,540 | $30,663 | $31,249 |
| Revenue | $1,333 | $1,152 | — |
| Expenses | $598 | $2,719 | $175 |
| Net Investment Income | $735 | — | $1,002 |
| Distributable Amount | $1,593 | — | $1,531 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 1, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 24, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 25, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 14, 2026)
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Thoreson Family Foundation Trust is led by Betty Wetphal, President on every filing since 2020; none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Betty Wetphal
President
On filings since 2020
10 hrs/week
No compensation reported
Marc Lemke
Treasurer
On filings since 2020
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2026. "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 Thoreson Family Foundation Trust
How large is Thoreson Family Foundation Trust?
Thoreson Family Foundation Trust reported $33K in total assets on its 2026 IRS Form 990-PF. Its revenue that year was $1K.
How much is Thoreson Family Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2026, Thoreson Family Foundation Trust reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thoreson Family Foundation Trust's EIN?
Thoreson Family Foundation Trust's EIN (Employer Identification Number) is 39-1393535. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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