Vern & Bunny Thelen Family Foundation
- Assets
- $804.0k
- Revenue
- $135.0k
- Investments
- $747.4k
- Employees
- 0
- Location
- Antioch, IL
- Founding
- 02/2005
- Data as of
- 09/2022
- EIN
- 20-0260049
Organization Overview
Vern & Bunny Thelen Family Foundation is located in Antioch, IL. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Vern & Bunny Thelen Family Foundation 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 09/2022, Vern & Bunny Thelen Family Foundation generated $135.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $108.2k during the year ending 09/2022. While expenses have increased by 22.7% per year over the past 6 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 2014, Vern & Bunny Thelen Family Foundation has awarded 143 individual grants totaling $616,395. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF OUTING: THE ORGANIZATION HELD A GOLF OUTING TO RAISE MONEY FOR ALZHEIMERS RESEARCH, CANCER RESEARCH, LOCAL FOOD PANTRIES AND SCHOLARSHIPS
SALE OF CANDY TO RAISE MONEY FOR ALZHEIMERS RESEARCH, CANCER RESEARCH, LOCAL FOOD PANTRIES, AND SCHOLARSHIPS TO VARIOUS COLLEGES AND UNIVERSITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew R Thelen President | 4 | $0 | |
Samantha Thelen Secretary | 4 | $0 | |
Patrick Mayette Vice President | 4 | $0 | |
Ann T Kroupa Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,000 |
| Interest on Savings | $163 |
| Dividends & Interest | $11,579 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,133 |
| Capital Gain Net Income | $7,133 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $87,148 |
| Total Revenue | $135,023 |
| 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 | $46,767 |
| Total operating and administrative expenses | $58,661 |
| Contributions, gifts, grants paid | $49,557 |
| Total expenses and disbursements | $108,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,629 |
| 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 | $804,007 |
| 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, Vern & Bunny Thelen Family Foundation has awarded $49,557 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
GRANT TOWNSHIP PURPOSE: FOOD FOR POOR | $4,057 |
Mchenry, IL PURPOSE: FOOD FOR POOR | $3,500 |
Twin Lakes, WI PURPOSE: FOOD FOR POOR | $3,500 |
COMMUNITY FOOD PANTRY PURPOSE: FOOD FOR POOR | $3,500 |
ST FRANCIS DE SALES PURPOSE: FOOD FOR POOR | $3,500 |
Antioch, IL PURPOSE: FOOD FOR POOR | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |