Tomara Corporation

COLLINSVILLE, IL EIN: 37-1193115

Tomara Corporation is a private foundation established in Illinois in 1987 and based in Collinsville, IL. The organization holds 501(c)(3) tax-exempt status and operates as an independent foundation focused on local grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$158K

-16.1% YoY

Annual Giving

$138K

+51.6% YoY

Grant Count

-17.2% YoY

Avg Grant Size

$6K

+83.2% YoY

Under IRS private-foundation payout rules, Tomara Corporation reported a distributable amount of $486 for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not specify particular subject areas for its funding activities. However, grant history indicates support for general corporate purposes, scholarships, building renovation, and community services. Recent grants have supported food assistance, senior services, and library initiatives.

Grantmaking

No specific application procedures or requirements are documented in available sources.

Grant Range

approximately $3,000-$10,000

Average Grant

approximately $3,000-$10,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives in Illinois, with a concentration in the Collinsville area and surrounding communities including Maryville and Troy.

Grant Distribution by State

Illinois $539K (100%)

States

Illinois

Cities

BellevilleCollinsvilleMaryvilleTroy

Financial History

Multi-year comparison from IRS filings

Most Recent Year (2024):

Total Assets: $158,369
Total Revenue: $146,155
Total Expenses: $176,448
Net Income: -$30,293
Total Liabilities: $0

Prior Year (2023):

Total Assets: $188,662
Total Revenue: $108,882
Total Expenses: $126,237

Revenue Sources: Contributions received represent the primary source of revenue ($146,133 in 2024).

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$158,369	$188,662	$206,017
Revenue	$146,155	$108,882	$164,634
Expenses	$176,448	$126,237	$146,931
Qualifying Distributions	$176,448	$126,237	$146,931
Net Investment Income	$22	$21	$20
Distributable Amount	$486	$753	$10,721

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

144 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Collinsville Memorial Public Library Foundation ($25,000), Friends of the Dd Collins House ($23,000), Collinsville Tepee ($10,000).

Recipient	Purpose	Amount
ROBERT D COMPTON MARYVILLE, IL	SCHOLARSHIP	$4,000
HANNAH FEDORCHAK MARYVILLE, IL	SCHOLARSHIP	$4,000
BOY SCOUTS OF AMERICA TROOP 83 COLLINSVILLE, IL	GENERAL CORPORATE PURPOSESGENERAL CORPORATE PURPOSES	$4,000
BOY SCOUTS OF AMERICA TROOP 86 COLLINSVILLE, IL	GENERAL CORPORATE PURPOSES	$4,000
BOY SCOUTS OF AMERICA TROOP 93 TROY, IL	GENERAL CORPORATE PURPOSES	$4,000
ABIGAIL FISTER MARYVILLE, IL	SCHOLARSHIP	$4,000
LUCAS J GEISEN MARYVILLE, IL	SCHOLARSHIP	$4,000
CAROLINE R KASSING MARYVILLE, IL	SCHOLARSHIP	$4,000
CHILDREN'S DYSLEXIA CENTER COLLINSVILLE, IL	GENERAL CORPORATE PURPOSES	$5,000
EMMA LANGLEY MARYVILLE, IL	SCHOLARSHIP	$4,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Trustees:

Thomas Welch, President and Trustee
Kevin M. Welch, Trustee and Secretary/Treasurer
Robert Herr, Trustee
Carolyn J. Welch, Assistant Secretary/Treasurer
Paul A. Welch, Attorney and Administrator (compensated $30,000 for administrative duties)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS WELCH	PRESIDENT AND TRUSTEE	—	—
KEVIN M WELCH	TRUSTEE AND SECRETARY/ TREASURER	—	—
ROBERT HERR	TRUSTEE	—	—
CAROLYN J WELCH	ASST SECRETARY/ TREASURER	—	—
PAUL A WELCH	ATTORNEY AND ADMINISTRATOR	3	$33,000

Frequently Asked Questions

What does Tomara Corporation fund?

How do I apply for a grant from Tomara Corporation?

**Grant Activity:** • Made 32 grants in 2023 • Made 29 grants in 2024, totaling approximately $91,000 • Average grant size: approximately $3,000-$10,000 **Recent Grants (2023-2024):** • Collinsville Tepee: $10,000 (General Corporate Purposes) • Collinsville Food Pantry: $3,000 (General Corporate Purposes) • Collinsville Area Meals on Wheels: $2,000 (General Corporate Purposes) **Application Process:** No specific application procedures or requirements are documented in available sources.

Where does Tomara Corporation make grants?

The foundation primarily funds initiatives in Illinois, with a concentration in the Collinsville area and surrounding communities including Maryville and Troy.

What size grants does Tomara Corporation award?

In 2024, Tomara Corporation awarded 24 grants totaling $138K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Tomara Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tomara Corporation reported a distributable amount of $486 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.