Tomara Corporation
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
24
-17.2% YoY
Avg Grant Size
$6K
+83.2% YoY
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
States
Cities
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).
| 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
No grants recorded for .
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 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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