Margaret & Martha Thomas Foundation The is located in Beatrice, NE. The organization was established in 2006. 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. Margaret & Martha Thomas Foundation The is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Margaret & Martha Thomas Foundation The has awarded 57 individual grants totaling $1,400,289. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President | 1 | $0 | |
Name Not Listed Sec/treas | 1 | $0 | |
Name Not Listed V.president | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $164,246 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$228,359 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $9,267 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$64,113 |
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 | $0 |
Total operating and administrative expenses | $90,405 |
Contributions, gifts, grants paid | $285,810 |
Total expenses and disbursements | $376,215 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $91,173 |
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 | $6,168,236 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $6,259,409 |
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 |
Over the last fiscal year, Margaret & Martha Thomas Foundation The has awarded $285,810 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
ODELL PUBLIC LIBRARY PURPOSE: PROVIDE A MEDIA ROOM | $20,000 |
CITY OF WYMORE NEBRASKA PURPOSE: CITY PARK BATHROOM | $35,000 |
BARNESTON RURAL FIRE DISTRICT PURPOSE: HELICOPTER PAD | $5,000 |
CITY OF BEATRICE NEBRASKA PURPOSE: PARK PICKLEBALL EQUIP | $5,535 |
HEARTLAND CANCER FOUNDATION PURPOSE: AID 21 PATIENTS | $12,000 |
VILLAGE OF PICKRELL NEBRASKA PURPOSE: RENOVATE FIRE HALL | $44,400 |