Thornton Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 16 grants totaling $160K. Net investment income was $829K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+120.1% YoY
Annual Giving
$160K
+0.0% YoY
Grant Count
16
-20.0% YoY
Avg Grant Size
$10K
+25.0% YoY
Under IRS private-foundation payout rules, Thornton Family Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Thornton Family Foundation
Based on IRS filings
Thornton Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 16 grants totaling $160K. Net investment income was $829K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,009,291 | $1,367,323 | $1,632,961 |
| Revenue | $1,841,226 | $-65,291 | $14,843 |
| Expenses | $199,258 | $199,298 | $202,709 |
| Qualifying Distributions | $186,875 | $186,876 | $160,000 |
| Net Investment Income | $828,789 | $41,625 | $4,672 |
| Distributable Amount | $80,534 | $73,015 | $81,224 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Heal Food Alliance ($20,000), Family Legacy ($20,000), Exile International ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EXILE INTERNATIONAL DNASHVILLE, TN | CHILDREN AND YOUTH | $10,000 |
| HEAL FOOD ALLIANCE OAKLAND, CA | HEALTHCARE/WELLNESS | $20,000 |
| MATTHEW 10 INTERNATIONAL KNOXVILLE, TN | INTERNATIONAL RELIEF | $10,000 |
| BEHIND EVERY DOOR DALLAS, TX | FAITH/SPIRITUAL | $10,000 |
| NORTH CAROLINA COMMUNITY FOUNDATION RALEIGH, NC | HUMAN SERVICES | $5,000 |
| FAMILY LEGACY DALLAS, TX | CHILDREN AND YOUTH | $20,000 |
| NORTH TEXAS FOOD BANK PLANO, TX | HUMAN SERVICES | $5,000 |
| FEED MY STARVING CHILDREN COON RAPIDS, MN | CHILDREN AND YOUTH | $10,000 |
| SAMARITAN'S PURSE BOONE, NC | HUMAN SERVICES | $10,000 |
| COUNCIL FOR LIFE DALLAS, TX | HEALTHCARE/WELLNESS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOE B THORNTON JR | PRESIDENT, TREASURER, AND DIRECTOR | 1 | — |
| TERRI B THORNTON | VICE PRESIDENT, SECRETARY, AND DIRECTO | 1 | — |
| RICHARD C THORNTON | DIRECTOR | 1 | — |
| KATELYN T SHUFORD | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Thornton Family Foundation?
Thornton Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $3.0M in total assets as of 2024.
How large is Thornton Family Foundation?
As of 2024, Thornton Family Foundation holds $3.0M in total assets with $1.8M in annual revenue. It awarded 16 grants totaling $160K in 2024.
Where does Thornton Family Foundation operate?
Thornton Family Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Kansas, Massachusetts, Minnesota, Missouri, North Carolina, New Jersey, New York, Oregon, Tennessee, Texas, Washington.
What size grants does Thornton Family Foundation award?
In 2024, Thornton Family Foundation awarded 16 grants totaling $160K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Thornton Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thornton Family Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thornton Family Foundation's EIN?
Thornton Family Foundation's EIN (Employer Identification Number) is 85-1073773. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Thornton Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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