Vernon F Thompson And Mae E Thompson Charitable Foundation
- Assets
- $2.2m
- Revenue
- $116.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 31-6649958
Organization Overview
Vernon F Thompson And Mae E Thompson Charitable Foundation is located in St Louis, MO. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Vernon F Thompson And Mae E Thompson Charitable 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 12/2022, Vernon F Thompson And Mae E Thompson Charitable Foundation generated $116.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $191.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Vernon F Thompson And Mae E Thompson Charitable Foundation has awarded 31 individual grants totaling $942,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,432 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,472 |
| Capital Gain Net Income | $41,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $960 |
| Total Revenue | $116,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,370 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $33,110 |
| Contributions, gifts, grants paid | $158,000 |
| Total expenses and disbursements | $191,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,781 |
| 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 | $636,145 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $239,061 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,209,503 |
| 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, Vernon F Thompson And Mae E Thompson Charitable Foundation has awarded $158,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MAYO CLINIC PURPOSE: GENERAL CHARITABLE PURPOSES OF ORGANIZATION | $95,000 |
HEARING HEALTH FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES OF ORGANIZATION | $17,000 |
THE FOUNDATION FIGHTING BLINDNESS PURPOSE: GENERAL CHARITABLE PURPOSES OF ORGANIZATION | $17,000 |
THE FOUNDATION FOR BARNES JEWISH HOSPITAL PURPOSE: GENERAL CHARITABLE PURPOSES OF THE ORGANIZATION | $12,000 |
HARVARD STEM CELL INSTITUTE PURPOSE: GENERAL CHARITABLE PURPOSES OF ORGANIZATION | $17,000 |