The Thomas Foundation
- Assets
- $14.2m
- Revenue
- $457.6k
- Investments
- $13.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-1831468
Organization Overview
The Thomas Foundation is located in Dallas, TX. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public 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. Thomas 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 12/2021, Thomas Foundation generated $457.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $662.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Thomas Foundation has awarded 340 individual grants totaling $4,010,060. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Thomas Sec/treas/di | 30 | $42,000 | |
Michael Thomas Director | 30 | $42,000 | |
Stanley Thomas Pres/dir | 4 | $0 | |
David Thomas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $281,845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $175,754 |
| Capital Gain Net Income | $175,754 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $457,599 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $84,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,004 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,268 |
| Total operating and administrative expenses | $168,857 |
| Contributions, gifts, grants paid | $493,829 |
| Total expenses and disbursements | $662,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $315,439 |
| 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 | $10,838,206 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,246,718 |
| 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 Thomas Foundation has awarded $493,829 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
THRIVE WOMEN'S CLINIC PURPOSE: PREGNANCY EDUCATION, COUNSELING | $51,029 |
Burleson, TX PURPOSE: INDIA & AFRICA MISSIONS | $35,000 |
Euless, TX PURPOSE: CHRISTIAN RADIO | $25,000 |
Plano, TX PURPOSE: MEDICAL & SCHOOL EXPENSES | $25,000 |
Lansdowne, VA PURPOSE: PRO-LIFE PREGNANCY CENTERS | $20,000 |
DALLAS LIFE FOUNDATION PURPOSE: PROVIDES SHELTER FOR THE HOMELESS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |