Thurston Family Foundation
- Assets
- $69.9m
- Revenue
- $850.7k
- Investments
- $44.4m
- Employees
- 0
- Location
- Jackson, WY
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 45-6504582
Organization Overview
Thurston Family Foundation is located in Jackson, WY. The organization was established in 2013. 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. Thurston Family 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, Thurston Family Foundation generated $850.7k 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 (20.8%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thurston Family Foundation has awarded 96 individual grants totaling $10,229,350. 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 |
|---|---|---|---|
Wyatt N Thurston Director | 2 | $5,000 | |
Matthew R Thurston Director | 2 | $5,000 | |
Ray R Thurston Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,804 |
| Dividends & Interest | $834,443 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,443 |
| Capital Gain Net Income | $13,443 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $850,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $97,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $118,018 |
| Contributions, gifts, grants paid | $2,829,084 |
| Total expenses and disbursements | $2,947,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,517,547 |
| 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 | $69,946,643 |
| 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, Thurston Family Foundation has awarded $2,829,084 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Tucson, AZ PURPOSE: SUPPORTS CAUSES RELATED TO EDUCATION, HEALTH AND WELFARE OF THE TUCSON COMMUNITY | $1,000,000 |
BARROW NEUROLOGICAL FOUNDATION PURPOSE: NEUROSCIENCE RESEARCH | $1,000,000 |
Phoenix, AZ PURPOSE: FUNDING FOR NONPROFIT ORGANIZATIONS, GOVERNMENT AGENCIES AND EDUCATION INSTITUTIONS | $600,000 |
SAVE DEMOCRACY INC PURPOSE: EDUCATE ARIZONANS ON VOTING EQUALITY | $100,000 |
Jackson, WY PURPOSE: COMMUNITY EMERGENCY RESPONSE FUND SUPPORTING VUNERABLE POPULATIONS | $30,000 |
Arlington, VA PURPOSE: WATER CONSERVATION | $29,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Katherine W Dumke & Ezekiel R Dumke Jr Foundation Kaysville, UT | $0 | $4,334 |
Charles Schwab Corporation Foundation Lone Tree, CO | $19,264,373 | $12,956,371 |
Hirschfeld Family Foundation Inc Kearney, NE | $102,299,062 | $1,701,092 |
Louis Calder Foundation Denver, CO | $170,366,757 | $15,916,968 |
Crocker Catalyst Foundation Salt Lake City, UT | $1,077,515 | $3,770,687 |