Barbara L Thomas Foundation
- Assets
- $574.5k
- Revenue
- $56.5k
- Investments
- $567.7k
- Employees
- 0
- Location
- Bethlehem, PA
- Founding
- 11/2001
- Data as of
- 12/2023
- EIN
- 52-2336270
Organization Overview
Barbara L Thomas Foundation is located in Bethlehem, PA. The organization was established in 2001. 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. Barbara L Thomas 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, Barbara L Thomas Foundation generated $56.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $67.9k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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 2015, Barbara L Thomas Foundation has awarded 167 individual grants totaling $238,550. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADCLIFFE CREEK SCHOOL
HARRY CHAPIN FOOD BANK OF SW FLORIDA
EAST TN FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lane Trustee | 5 | $0 | |
Douglas Lane Foundation Manager | 15 | $0 | |
Gay Lane Trustee | 5 | $0 | |
Elisabeth Lane Trustee | 5 | $0 | |
Judy Lane Wiggin Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,062 |
| Capital Gain Net Income | $32,062 |
| Net ST Capital Gain | $2,852 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,544 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,377 |
| Taxes | $151 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,075 |
| Total operating and administrative expenses | $3,853 |
| Contributions, gifts, grants paid | $64,000 |
| Total expenses and disbursements | $67,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,790 |
| 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 | $574,497 |
| 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, Barbara L Thomas Foundation has awarded $64,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RADCLIFFE CREEK SCHOOL PURPOSE: GENERAL CHARITABLE | $50,000 |
HARRY CHAPIN FOOD BANK PURPOSE: GENERAL CHARITABLE | $10,000 |
EAST TENNESSEE FOUNDATION PURPOSE: GENERAL CHARITABLE | $4,000 |