Thorne-rider Foundation

SHERIDAN, WY EIN: 83-0203706

Thorne-rider Foundation is a private foundation, based in SHERIDAN, WY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 4 grants totaling $150K. Net investment income was $98K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-3.0% YoY

Annual Giving

$150K

+650.0% YoY

Grant Count

+300.0% YoY

Avg Grant Size

$38K

+87.5% YoY

Under IRS private-foundation payout rules, Thorne-rider Foundation reported a distributable amount of $102K for 2024 — the minimum it must pay out in qualifying distributions.

About Thorne-rider Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wyoming $415K (100%)

States

Wyoming

Cities

Sheridan

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,770,837	$1,826,242	$1,805,580
Revenue	$131,962	$76,703	$45,730
Expenses	$187,528	$56,041	$96,087
Qualifying Distributions	$152,238	$22,252	$62,252
Net Investment Income	$98,136	$42,505	$12,254
Distributable Amount	$101,700	$93,261	$94,830

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Holy Name School ($45,000), N Wy Comm Coll Foundation ($45,000), Sheridan Athletic Association ($35,000).

Recipient	Purpose	Amount
YOUTH INCORPORATED SHERIDAN, WY	SUPPORT LOCAL YOUTH CAMPING PROGRAMS	$25,000
HOLY NAME SCHOOL SHERIDAN, WY	SUPPORT BUDGET FOR CATHOLIC SCHOOL	$45,000
N WY COMM COLL FOUNDATION SHERIDAN, WY	SUPPORT FOR LOCAL JUNIOR COLLEGE	$45,000
SHERIDAN ATHLETIC ASSOCIATION SHERIDAN, WY	SUPPORT OF LOCAL ATHLETIC PROGRAMS	$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EVERETT MOHATT	TREASURER	1	$3,000
JOHN ARAAS	TRUSTEE	1	$3,000
MAURITA MEEHAN	SECRETARY	1	$3,600
JOHN ROTELLINI	PRESIDENT	1	$6,000
LINDA THOMPSON	TRUSTEE	1	$3,000

Frequently Asked Questions

How large is Thorne-rider Foundation?

As of 2024, Thorne-rider Foundation holds $1.8M in total assets with $132K in annual revenue. It awarded 4 grants totaling $150K in 2024.

Where does Thorne-rider Foundation operate?

Thorne-rider Foundation has awarded grants in Wyoming.

What size grants does Thorne-rider Foundation award?

In 2024, Thorne-rider Foundation awarded 4 grants totaling $150K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is Thorne-rider Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thorne-rider Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.