Homer And Annette Thompson Foundation
- Assets
- $23.6m
- Revenue
- $710.0k
- Investments
- $21.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4472292
Organization Overview
Homer And Annette Thompson Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Homer And Annette Thompson 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 12/2023, Homer And Annette Thompson Foundation generated $710.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Homer And Annette Thompson Foundation has awarded 190 individual grants totaling $7,796,161. 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 |
|---|---|---|---|
Charles R Chilton Dir, Sec, VP | 2 | $4,134 | |
Emily E Hart Vp, Dir | 1 | $3,097 | |
Samuel W Hart Pres, Treas, Dir | 3 | $9,646 | |
Krista H Mahalak Dir, VP | 1 | $2,769 | |
William A Rowse Jr Dir, VP | 1 | $3,269 | |
Robert J Stambaugh Dir, VP | 2 | $4,399 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Midwest Trust Company | 12/30/23 | $119,608 |
Foundation Source | 12/30/23 | $55,275 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $428 |
| Interest on Savings | $71,842 |
| Dividends & Interest | $589,639 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,310 |
| Capital Gain Net Income | $44,054 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,768 |
| Total Revenue | $709,987 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,314 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,290 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $63,373 |
| Total operating and administrative expenses | $224,990 |
| Contributions, gifts, grants paid | $1,092,330 |
| Total expenses and disbursements | $1,317,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,373,177 |
| Net Accounts receivable | $8,811 |
| 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 | $23,598,394 |
| 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, Homer And Annette Thompson Foundation has awarded $1,092,330 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ANGELS CARE CENTER OF ELOISE INC PURPOSE: GENERAL OPERATING FUND | $3,000 |
FAITH XTREME INC PURPOSE: TO HELP COVER THE SALARY COST FOR ADDITIONAL STAFF | $70,000 |
BRIGHTFOCUS FOUNDATION PURPOSE: ALZHEIMER DISEASE RESEARCH FUND | $100,000 |
BOYS & GIRLS CLUB OF POLK COUNTY PURPOSE: TO COVER COST OF 2023 SUMMER CAMP FOR EAST POLK COUNTY | $45,000 |
1ST VETERANS KIDS CARE INC PURPOSE: TO ASSIST VETERANS/FAMILIES AND NEEDY CHILDREN IN CENTRAL FLORIDA | $20,000 |
FIRST PRESBYTERIAN CHURCH OF WINTER HAVEN PURPOSE: FEEDING THE HUNGRY MINISTRY | $30,000 |