Philip F Thompson Charitable Foundation
- Assets
- $192.9k
- Revenue
- $18.8k
- Investments
- $191.3k
- Employees
- 0
- Location
- Columbiana, OH
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 36-4526808
Organization Overview
Philip F Thompson Charitable Foundation is located in Columbiana, OH. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Philip F 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, Philip F Thompson Charitable Foundation generated $18.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $18.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TAXPAYER DOES NOT HAVE ANY DIRECT CHARITABLE ACTIVITIES. ALL GRANTS ARE MADE TO OTHER ORGANIZATIONS TO ASSIST THEM IN CONDUCTING THEIR DIRECT CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luther R Thompson Co-Trustee | 0 | $0 | |
Mark P Thompson Co-Trustee | 0 | $0 | |
James C Thompson Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,125 |
| Dividends & Interest | $3,155 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,522 |
| Capital Gain Net Income | $12,522 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $120 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,205 |
| Total operating and administrative expenses | $5,875 |
| Contributions, gifts, grants paid | $12,096 |
| Total expenses and disbursements | $17,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,596 |
| 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 | $192,882 |
| 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, Philip F Thompson Charitable Foundation has awarded $12,096 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
VILLAGE OF LISBON PURPOSE: POLICE DEPARTMENT | $1,500 |
VILLAGE OF POLAND PURPOSE: MUNICIPAL FOREST | $3,298 |
NORTH COUNTRY NATIONAL SCENIC TRAIL PURPOSE: GENERAL USE | $1,000 |
AMERICAN PRAIRIE PURPOSE: GENERAL USE | $1,000 |
COLUMBIANA COUNTY PARK DISTRICT PURPOSE: GENERAL USE | $1,548 |
CITY OF YOUNGSTOWN PURPOSE: BOMB SQUAD | $750 |