Thorrez Foundation
Thorrez Foundation is a private foundation, based in CONCORD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $215K in total assets. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$215K
+28.9% YoY
Revenue
$26K
+336.0% YoY
Net Investment Income
$21K
+569.1% YoY
Expenses
$70
-98.6% YoY
Under IRS private-foundation payout rules, Thorrez Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Thorrez Foundation
Based on IRS filings
Thorrez Foundation is a private foundation, based in CONCORD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $215K in total assets. Net investment income was $21K.
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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 | $214,959 | $166,810 | $163,829 |
| Revenue | $25,668 | $5,887 | $551 |
| Expenses | $70 | $5,070 | $88 |
| Qualifying Distributions | — | $5,000 | — |
| Net Investment Income | $21,129 | $3,158 | $1,682 |
| Distributable Amount | $13,175 | $10,797 | $10,034 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAMIEL E THORREZ | President | — | — |
| JEOFFREY A THORREZ | SecretaryTreasurer | — | — |
Frequently Asked Questions
How large is Thorrez Foundation?
As of 2024, Thorrez Foundation holds $215K in total assets with $26K in annual revenue.
Where does Thorrez Foundation operate?
Thorrez Foundation has awarded grants in Michigan.
How much is Thorrez Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thorrez Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thorrez Foundation's EIN?
Thorrez Foundation's EIN (Employer Identification Number) is 23-7231150. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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