Thunder Bay Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33.0M in total assets. In 2024, it awarded 9 grants totaling $1.8M. Net investment income was $2.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33.0M
+3.8% YoY
Annual Giving
$1.8M
+16.4% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$197K
+3.5% YoY
About Thunder Bay Foundation Inc
Based on IRS filings
Thunder Bay Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33.0M in total assets. In 2024, it awarded 9 grants totaling $1.8M. Net investment income was $2.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,959,311 | $31,761,385 | $31,410,353 |
| Revenue | $4,335,771 | $3,052,024 | $2,927,080 |
| Expenses | $1,941,843 | $1,669,932 | $1,681,981 |
| Qualifying Distributions | $1,770,000 | $1,520,000 | $1,450,000 |
| Net Investment Income | $2,452,911 | $1,935,582 | $1,683,255 |
| Distributable Amount | $1,827,767 | $1,616,568 | $1,532,616 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERESA J KIGHT | PRESIDENT-DIRECTOR | 1 | — |
| PETER J KIGHT | SECRETARY/TREASURER | 1 | — |
| TIMOTHY F AGNEW | ASST SECRETARY/TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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