Daniel K Thorne Foundation Inc
- Assets
- $6.2m
- Revenue
- $590.2k
- Investments
- $6.1m
- Employees
- 0
- Location
- Georges Mills, NH
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 13-3857951
Organization Overview
Daniel K Thorne Foundation Inc is located in Georges Mills, NH. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniel K Thorne Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Daniel K Thorne Foundation Inc generated $590.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $486.0k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daniel K Thorne Foundation Inc has awarded 103 individual grants totaling $2,584,372. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel K Thorne Director & President | 5 | $0 | |
Josiah Hornblower Director & Treasurer | 1 | $0 | |
Alexandra T Thorne Director | 1 | $0 | |
Robert Lynch Director | 1 | $0 | |
Dr Ian Thomas Director | 1 | $0 | |
Richard Eastland Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $139,174 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $450,985 |
| Capital Gain Net Income | $450,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $590,159 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,741 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,248 |
| Printing and publications | $0 |
| Other expenses | $65,112 |
| Total operating and administrative expenses | $109,012 |
| Contributions, gifts, grants paid | $377,000 |
| Total expenses and disbursements | $486,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,465 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,913 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,244,912 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Daniel K Thorne Foundation Inc has awarded $377,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Bedford, NH PURPOSE: GENERAL SUPPORT (UNRESTRICTED) | $252,000 |
DIAN FOSSEY GORILLA FUND INT'L PURPOSE: GENERAL SUPPORT (UNRESTRICTED) | $50,000 |
NATURE CONSERVANCY-MAINE CHAPTER PURPOSE: GENERAL SUPPORT (UNRESTRICTED) | $40,000 |
Burlington, VT PURPOSE: GENERAL SUPPORT (UNRESTRICTED) | $10,000 |
Sedgwick, ME PURPOSE: GENERAL SUPPORT (UNRESTRICTED) | $5,000 |
BIRDLIFE INTERNATIONAL PURPOSE: GENERAL SUPPORT (UNRESTRICTED) | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Alfond Foundation Portland, ME | $813,380,857 | $317,083,832 |
Liberty Mutual Foundation Inc Boston, MA | $40,383,671 | $39,283,240 |
One Tree Planted Inc Shelburne, VT | $46,452,599 | $64,092,797 |
Mercer Family Foundation Waltham, MA | $54,165,721 | $38,341,516 |
Brooks Family Foundation Boston, MA | $0 | $26,552,695 |
Yawkey Foundation Ii Dedham, MA | $0 | $18,548,394 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Allen H & Selma W Berkman Charitable Trust Boston, MA | $738,750 | $104,320 |
Hausman Family Charitable Trust Boston, MA | $21,872,992 | $4,694,416 |
George I Alden Trust Worcester, MA | $212,050,748 | $45,527,501 |