Thornton Tomasetti Foundation
The Thornton Tomasetti Foundation is a New York, New York-based private foundation that funds scholarships, fellowships and internships for students pursuing building engineering, design or technology, and supports individuals and organizations pursuing related philanthropic activities.
Thornton Tomasetti Foundation at a glance
In short: Thornton Tomasetti Foundation gave $168K across 16 grants in 2024 (avg $11K), top state New York. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $168,414
- -17.7% vs 2023
- Grants made (2024)
- 16
- -5.9% vs 2023
- Average grant
- $10,526
- -12.6% vs 2023
- Median grant
- $9,500
- Total assets
- $52,745
- +125.7% vs 2023
- New grantees (estimate)
- 38% first-time grantees (6 of 16, 2024; small sample)
- Primary geography
- New York (33% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Thornton Tomasetti Foundation
- Contact
Application contact: Andrew Goldbaum
Mailing address: 120 Broadway, New York, NY 10271
Phone: (917) 611-7800
Website: https://www.thorntontomasetti.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Thornton Tomasetti Foundation
Who Thornton Tomasetti Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Engineers in Action ($40K). Together the top 10 received $144K.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 73 grants of 73 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing shows grant dollars distributed among recipients in multiple states: New York received 33%, Oklahoma 24%, California 18%, Maryland 6% and Illinois 6%. These are recipient locations shown in the filing, not a stated geographic restriction.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
Is Thornton Tomasetti Foundation open to new grantees?
38%
first-time grantees, 2024
In 2024, 6 of 16 grantees (38%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $6K; repeat grants $13K. How we count
Medians: $5K first-time, $10K repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $101K (2020) to $205K (2023). In 2024 it made 16 grants totaling $168K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Engineers in Action Tulsa, OK | In Support of Browndel Schook/Student Bridge Program | $40,000 |
| Geohazards International Menlo Park, CA | Grant in support of seismic retrofit for school in nepal | $20,000 |
| Columbia University New York, NY | Seas Sure Program | $15,000 |
| The Urban Assembly New York, NY | Project Cafe | $15,000 |
| American Society of Civil Engineers Baltimore, MD | Cities of the Future | $10,000 |
| The City College of New York New York, NY | Scholarship | $10,000 |
| The Cooper Union New York, NY | Summer STEM Program | $10,000 |
| Uc Regents Berkely, CA | Scholarship | $10,000 |
| Engineers for a Sustainable World Pittsburg, PA | Unrestricted Support of Organizations Charitable Purpose | $9,000 |
| Board of Trustees of the University of Illinois Champaign, IL | 2023-2024 Technical Literacy Winner | $5,000 |
Ready to take the next step with Thornton Tomasetti Foundation?
Financial History
Multi-year comparison from IRS filings
Amounts are from the foundation’s filings.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $52,745 | $201,242 | $171,869 | $168,414 | 16 | $171,869 | $2,146 |
| 2023 | $23,372 | $222,197 | $207,763 | $204,638 | 17 | $207,763 | $2,433 |
| 2022 | $8,938 | $201,000 | $199,635 | $196,222 | 14 | $199,635 | $2,804 |
| 2021 | $7,573 | $150,000 | $172,859 | $169,750 | 17 | $172,859 | $1,665 |
| 2020 | $30,432 | $50,000 | $83,684 | $100,700 | 9 | — | $22,351 |
Under IRS private-foundation payout rules, Thornton Tomasetti Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated focus is helping prepare the next generation of professionals in building engineering, design and technology, as well as providing financial support for related philanthropic activities. Its website describes support for students at undergraduate and graduate levels.
Its 2024 grants included support for Engineers in Action, whose stated mission is to provide engineering solutions for people in impoverished nations, including water systems, sanitation structures and footbridges. Geohazards International, another 2024 grantee, describes its mission as helping at-risk communities build resilience ahead of disasters and climate impacts.
Grantmaking
In filing year 2024, the foundation awarded 16 grants totaling $168,414. Grants ranged from $1,914 to $40,000, with a median of $9,500. Its largest awards included $40,000 to Engineers in Action for a student bridge program; $20,000 to Geohazards International for seismic retrofitting for a school in Nepal; and $15,000 each to Columbia University for its SEAS SURE program and The Urban Assembly for Project CAFE.
The foundation’s 2024 filing says scholarship applications are handled directly by affiliated universities, not by the foundation. For those applications, the filing names Andrew Goldbaum as the contact and states that eligible applicants are engineering or architecture students matriculated at an accredited institution of higher learning, pursuing either a primary or advanced degree. Full-time Thornton Tomasetti employees are ineligible. The filing lists no deadline.
The foundation’s grant-program description says it considers proposals from individuals representing organizations for activities or projects that support development of the architecture, engineering and construction industry, on a rolling schedule. That description was last updated May 31, 2025; it does not specify application materials.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ray Daddazio as chairman; Andrew Goldbaum as treasurer; Elizabeth Malsch as secretary; and Joseph G. Burns, Richard L. Tomasetti, Robert Des cenza, Robert Nacheman and Wayne Stocks as directors.
Thornton Tomasetti Foundation is led by Ray Daddazio, Chairman since 2022 (on filings since 2020); none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ray Daddazio
Chairman
Director → Chairman, 2022
On filings since 2020
1 hr/week
No compensation reported
Joseph G. Burns
Director
On filings since 2020
1 hr/week
No compensation reported
Richard L. Tomasetti
Director
Chairman → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Wayne Stocks
Director
On filings since 2020
1 hr/week
No compensation reported
Robert Descenza
Director
On filings since 2022
1 hr/week
No compensation reported
Robert Nacheman
Director
On filings since 2022
1 hr/week
No compensation reported
Andrew Goldbaum
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Malsch
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Joel S. Weinstein (2020–2021) — Vice Chairman
Data from IRS Form 990 filings, 2020–2024. "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 Thornton Tomasetti Foundation
How much does Thornton Tomasetti Foundation give each year?
Thornton Tomasetti Foundation gave $168K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $205K across 17 grants.
What is Thornton Tomasetti Foundation's typical grant size?
Thornton Tomasetti Foundation's median grant in 2024 was $9,500, and its average grant was $10,526, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Thornton Tomasetti Foundation that year got $6K on average.
Where does Thornton Tomasetti Foundation give grants?
Thornton Tomasetti Foundation's top state is New York, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Oklahoma (24%) and California (18%). The most frequent recipient cities were New York, NY (5 grants) and Champaign, IL (2 grants).
Does Thornton Tomasetti Foundation give general operating support?
Occasionally: 6% of Thornton Tomasetti Foundation's 2024 grants with a stated purpose (1 of 16) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship" (5 grants).
Who are Thornton Tomasetti Foundation's largest grantees?
Thornton Tomasetti Foundation's largest 2024 grantees include Engineers in Action ($40,000), Geohazards International ($20,000) and Columbia University ($15,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Thornton Tomasetti Foundation?
Thornton Tomasetti Foundation reported $53K in total assets on its 2024 IRS Form 990-PF. It paid out $172K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What does Thornton Tomasetti Foundation fund?
The foundation’s stated focus is helping prepare the next generation of professionals in building engineering, design and technology, as well as providing financial support for related philanthropic activities. Its website describes support for students at undergraduate and graduate levels. See mission & focus areas ↑
How do I apply for a grant from Thornton Tomasetti Foundation?
Thornton Tomasetti Foundation has no public application process in the sources Grantable reviewed. Check thorntontomasetti.com for current guidelines, or contact the foundation directly before submitting a request.
What is Thornton Tomasetti Foundation's EIN?
Thornton Tomasetti Foundation's EIN (Employer Identification Number) is 26-0466368. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Thornton Tomasetti Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Thornton Tomasetti Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Deloitte Foundation
Stamford, CT
The Deloitte Foundation funds U.S. education initiatives, including scholarships, curriculum and faculty support, mentoring, and grants to education nonprofits and universities, particularly through local programs in about 30 selected locations. Its 2025 grants had a median of $50,000, and it does not accept unsolicited requests for its Local Impact Grant Program.
Assets
$51.4M
Grants
121
Total Given
$32.5M
Drexel University
Philadelphia, PA
Drexel University’s reported grants primarily support research at universities, research organizations, and other institutions. In 2025, grants ranged from $5,125 to $2.21 million, with a median of about $63,000; recipients were concentrated in Pennsylvania, followed by California, Texas, Maryland, and New Jersey, with no stated geographic restriction. Its funding materials describe support for Drexel faculty and staff proposals, and do not state whether it accepts unsolicited requests.
Assets
$2.9B
Grants
120
Total Given
$16.9M
Trustees of Tufts College
Medford, MA
Trustees of Tufts College supports university instruction, research, student services, and related organizations; its 2025 grants had a median of $76,881, though many large awards were subcontract grants. Giving is concentrated in Massachusetts, and its Tufts Community Grants offer $5,000 for eligible nonprofit projects in Boston, Grafton, Medford, and Somerville; the profile does not state whether it accepts unsolicited requests.
Assets
$4.9B
Grants
149
Total Given
$38.3M
Cornell University
Ithaca, NY
Cornell funds education, research—especially research grants—medical services, and public-service activities, with grants concentrated in New York and also reaching recipients across the U.S. In 2025, its grants ranged from $5,043 to $5.66 million, with a median of about $96,000. The profile does not state whether Cornell accepts unsolicited requests.
Assets
$19.8B
Grants
338
Total Given
$126.7M
More similar funders
More Funders in New York
Cite this profile
Grantable. (2026). Thornton Tomasetti Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/thornton-tomasetti-foundation-morg_4c81ece1e166441c88fe36acf3362a68
BibTeX
@misc{grantable_260466368_2026,
author = {{Grantable}},
title = {{Thornton Tomasetti Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/thornton-tomasetti-foundation-morg_4c81ece1e166441c88fe36acf3362a68},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Thornton Tomasetti Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Thornton Tomasetti Foundation down — hundreds of funders to go?