George And Mariamma Thomas Foundation Inc is located in Bradenton, FL. The organization was established in 2015. 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. George And Mariamma Thomas Foundation Inc 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 08/2023, George And Mariamma Thomas Foundation Inc generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $16.4k during the year ending 08/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Thomas President | 1 | $0 | |
Mariamma Thomas Sec. Treas | 1 | $0 | |
Joseph Thomas Vice Pres. | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $32 |
Dividends & Interest | $4,275 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $3,168 |
Capital Gain Net Income | $3,168 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $7,475 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $163 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $2,931 |
Contributions, gifts, grants paid | $13,500 |
Total expenses and disbursements | $16,431 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2 |
Savings and temporary cash investments | $4,855 |
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 | $205,574 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $210,431 |
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 |
Over the last fiscal year, George And Mariamma Thomas Foundation Inc has awarded $13,500 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
THE NASSAU FOUNDATION PURPOSE: GENERAL PURPOSE | $2,000 |
ST JOSEPH'S CATHOLIC SCHOOL PURPOSE: SCHOLARSHIPS | $3,000 |
VISIBLE MEN ACADEMY PURPOSE: GENERAL PURPOSE | $2,000 |
USF FOUNDATION PURPOSE: SCHOLARSHIPS | $2,000 |
TURNING POINTS PURPOSE: GENERAL PURPOSE | $2,500 |
CATHOLIC CHARITIES DIOCESE OF VENICE INC PURPOSE: GENERAL PURPOSE | $2,000 |