The Thorne Foundation
- Assets
- $0.0
- Revenue
- $18.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Sheldon, SC
- Founding
- Data as of
- 12/2017
- EIN
- 13-6109955
Organization Overview
The Thorne Foundation is located in Sheldon, SC.
For the year ending 12/2017, Thorne Foundation generated $18.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $59.0k during the year ending 12/2017. While expenses have increased by 5.7% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEED GLOBAL HEALTH100 CAMBRIDGE STREET STE 1541ABOSTON, MA 02114
AMERICAN ACADEMY IN ROME7 EAST 60TH STREETNEW YORK, NY 10022
THOMAS HEYWARD ACADEMY1727 MALPHRUS ROADRIDGELAND, SC 29936
YALE UNIVERSITYPO BOX 208229NEW HAVEN, CT 06520-8229
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David H Thorne Mbr/director | 0 | $0 | |
Landon K Thorne Mbr/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,697 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $38,972 |
| Net ST Capital Gain | $4,681 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,697 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $270 |
| Total operating and administrative expenses | $8,954 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $58,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, The Thorne Foundation has awarded $50,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CHESTNUT HILL BENEVOLENCE FUND PURPOSE: OPERATING | $250 |
AMERICAN ACADEMY IN ROME PURPOSE: OPERATING | $5,000 |
FLORIDA STATE UNIVERSITY FOUNDATION PURPOSE: OPERATING | $2,000 |
SEED GLOBAL HEALTH PURPOSE: OPERATING | $15,000 |
FIFTH CHURCH OF CHRISTSCIENTIST PURPOSE: OPERATING | $350 |
CARNEGIE COUNCIL PURPOSE: OPERATING | $500 |