Worth Thomas Foundation

JACKSON, MS EIN: 84-4785363

Worth Thomas Foundation is a private foundation, based in JACKSON, MS. IRS filing data is available for 2021. As of 2021, the organization holds $3K in total assets. In 2021, it awarded 11 grants totaling $39K. Net investment income was $5.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$3K

Annual Giving

$39K

Grant Count

Avg Grant Size

$4K

Under IRS private-foundation payout rules, Worth Thomas Foundation reported a distributable amount of $482 for 2021 — the minimum it must pay out in qualifying distributions.

About Worth Thomas Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $34K (87%)

North Carolina $5K (13%)

States

Mississippi North Carolina

Cities

Black MountainClintonJacksonRidgelandTougaloo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021
Total Assets	$3,000
Revenue	$68,974
Expenses	$66,999
Qualifying Distributions	$38,600
Net Investment Income	$5
Distributable Amount	$482

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 2021

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Tougaloo College ($16,000), Jsu Development Foundation ($7,000), Blue Ridge Ymca ($5,000).

Recipient	Purpose	Amount
TOUGALOO COLLEGE TOUGALOO, MS	SUPPORT FOR SCHOLARSHIPS	$16,000
COMMUNITY FOUNDATION FOR MISSISSIPPI JACKSON, MS	UNRESTRICTED	$500
MISSISSIPPI FOOD NETWORK JACKSON, MS	TO PROVIDE SUPPORT FOR THOSE IN NEED	$1,000
JACKSON JAMBALYA RIDGELAND, MS	SUPPORT FOR OPERATIONS	$2,500
BLUE RIDGE YMCA BLACK MOUNTAIN, NC	TO PROVIDE FOR OPERATIONS AND CAPITAL IMPROVEMENTS TO PROVIDE OPERATIONS AND CAPITAL	$5,000
MEN OF HONOR CLINTON, MS	SUPPORT CHILDREN AT RISK	$200
JSU DEVELOPMENT FOUNDATION JACKSON, MS	SUPPORT FOR SCHOLARSHIPS	$7,000
100 BLACK MEN OF JACKSON INC JACKSON, MS	SUPPORT AT RISK PROJECT	$100
LEFLEURS BLUFFMS CHAPTER THE LINKS INCORPORATED JACKSON, MS	SUPPORT CHILDREN AT RISK	$1,000
MISSISSIPPI CIVIL RIGHTS MUSEUM JACKSON, MS	SUPPORT CHILDREN EDUCATION RESEARCH	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
WORTH H THOMAS	PRESIDENT AND DIRECTOR	1	—

Frequently Asked Questions

How large is Worth Thomas Foundation?

As of 2021, Worth Thomas Foundation holds $3K in total assets with $69K in annual revenue. It awarded 11 grants totaling $39K in 2021.

Where does Worth Thomas Foundation operate?

Worth Thomas Foundation has awarded grants in Mississippi, North Carolina.

What size grants does Worth Thomas Foundation award?

In 2021, Worth Thomas Foundation awarded 11 grants totaling $39K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Worth Thomas Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Worth Thomas Foundation reported a distributable amount of $482 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.