Thelen Fam Foundation Tr
- Assets
- $5.3m
- Revenue
- $2.6m
- Investments
- $5.2m
- Employees
- 0
- Location
- Clarkston, MI
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 32-6456393
Organization Overview
Thelen Fam Foundation Tr is located in Clarkston, MI. The organization was established in 2018. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thelen Fam Foundation Tr 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, Thelen Fam Foundation Tr generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $83.2k during the year ending 12/2021. While expenses have increased by 26.3% 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.
Since 2020, Thelen Fam Foundation Tr has awarded 28 individual grants totaling $265,658. 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 |
|---|---|---|---|
Daniel Thelen Trustee | 4 | $0 | |
Kathleen Thelen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,340,432 |
| Interest on Savings | $0 |
| Dividends & Interest | $320,151 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $981,116 |
| Capital Gain Net Income | $981,116 |
| Net ST Capital Gain | $309,321 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,641,699 |
| 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 | $139 |
| Contributions, gifts, grants paid | $83,058 |
| Total expenses and disbursements | $83,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,214 |
| 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 | $5,289,574 |
| 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, Thelen Fam Foundation Tr has awarded $83,058 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
DOMINICAN SISTERS OF MARY PURPOSE: ASSIST IN TUITION FOR UNDERPRIVILEDG | $15,000 |
LOYOLA HIGH SCHOOL PURPOSE: TUITION FOR UNDERPRIVILEDGED KIDS | $15,000 |
Pontiac, MI PURPOSE: ASSIST IN REMOVING POVERTY | $10,000 |
LANSING DIOCESE RESURRECTION CHURCH PURPOSE: HELP PARISH MINISTRY | $8,000 |
RMHC OF WESTERN WASHINGTON PURPOSE: HELP MEDICAL BILLS FOR HANDICAPPED C | $5,000 |
Coopersville, MI PURPOSE: PROVIDE FUNDS FOR HANDICAPPED CHILDR | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Government Integrity Fund Columbus, OH | $0 | $4,714,760 |
National Credit Union Foundation Inc Madison, WI | $11,658,239 | $5,821,947 |
Iha Hospital Assistance Foundation Inc Indianapolis, IN | $561,665 | $2,833,766 |
Oh-Go Sandusky, OH | $452,264 | $1,544,533 |
The Cleveland Police Foundation Cleveland, OH | $402,041 | $308,860 |
Women For Economic And Leadership Development Westerville, OH | $526,843 | $678,319 |
Isadore Binzer Fund Brooklyn, OH | $7,683,436 | $1,276,125 |
Protection Of Rights Alliance Foundation Harbor Springs, MI | $762,581 | $32,164 |
Partners Making A Difference Plymouth, MI | $73,633 | $232,843 |
Joseph V Szcepanski And Bernice C Szczepanski Living Tr Westlake, OH | $1,063,982 | $59,677 |
Redirect Ann Arbor, MI | $2,404,815 | $663,491 |
Santa Picsu Hudson, OH | $41,561 | $0 |