Thornton Charitable Foundation

BRENTWOOD, TN EIN: 63-1263099

Thornton Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRENTWOOD, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12K

+84.2% YoY

Annual Giving

$5K

+0.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$3K

-50.0% YoY

Under IRS private-foundation payout rules, Thornton Charitable Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Thornton Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $69K (66%)

Tennessee $35K (34%)

States

Alabama Tennessee

Cities

BrentwoodColumbiaDuck RiverHuntsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,320	$6,687	$5,525
Revenue	$12,628	$8,017	$22,339
Expenses	$6,995	$6,855	$40,803
Qualifying Distributions	$5,997	$5,000	$39,000
Net Investment Income	$8,135	$6,162	$20,536
Distributable Amount	$1,737	$1,745	$2,020

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Currey Ingram Academy ($3,000), A Freedom Journey Inc ($2,000).

Recipient	Purpose	Amount
A FREEDOM JOURNEY INC DUCK RIVER, TN	SUPPORT OF PROGRAMS	$2,000
CURREY INGRAM ACADEMY BRENTWOOD, TN	SUPPORT OF PROGRAMS	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEPHEN F THORNTON	OFFICER	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Thornton Charitable Foundation?

Thornton Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRENTWOOD, TN. It holds $12K in total assets as of 2024.

How large is Thornton Charitable Foundation?

As of 2024, Thornton Charitable Foundation holds $12K in total assets with $13K in annual revenue. It awarded 2 grants totaling $5K in 2024.

Where does Thornton Charitable Foundation operate?

Thornton Charitable Foundation has awarded grants in Alabama, Tennessee.

What size grants does Thornton Charitable Foundation award?

In 2024, Thornton Charitable Foundation awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Thornton Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thornton Charitable Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Thornton Charitable Foundation's EIN?

Thornton Charitable Foundation's EIN (Employer Identification Number) is 63-1263099. IRS Form 990 filing data is available on this page for 2020–2024.