John S Thorner Charitable Family Trust
- Assets
- $7.0m
- Revenue
- $389.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 08/1999
- Data as of
- 12/2022
- EIN
- 55-6134268
Organization Overview
John S Thorner Charitable Family Trust is located in Wheeling, WV. The organization was established in 1999. 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 a subordinate organization within an affiliated group for tax-exemption purposes. John S Thorner Charitable Family Trust 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, John S Thorner Charitable Family Trust generated $389.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $508.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John S Thorner Charitable Family Trust has awarded 45 individual grants totaling $3,150,722. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A SUPPORTING ORGANIZATION OF THE CHURCH EXEMPT UNDER THE GROUP RULING ISSUED TO THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SUPPORTING ORGANIZATION OF THE CHURCH EXEMPT UNDER THE GROUP RULING ISSUED TO THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Carter Trustee | Trustee | 0.1 | $0 |
Bishop Mark E Brennan Trustee | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $160,567 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $228,975 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $438,220 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,960 |
| Fees for services: Accounting | $3,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,955 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $508,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $758,968 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,220,666 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,979,634 |
| Accounts payable and accrued expenses | $3,001 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,001 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $6,976,633 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,979,634 |
Grants Awarded
Over the last fiscal year, John S Thorner Charitable Family Trust has awarded $438,220 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Wheeling, WV PURPOSE: ROMAN CATHOLIC HIGH SCHOOL | $328,668 |
ST VINCENT DEPAUL GRADE SCHOOL PURPOSE: ROMAN CATHOLIC GRADE SCHOOL | $39,436 |
ST ALPHONSUS CATHOLIC CHURCH PURPOSE: ROMAN CATHOLIC CHURCH | $35,056 |
Wheeling, WV PURPOSE: ROMAN CATHOLIC GRADE SCHOOL | $21,912 |
SERRA CLUB PURPOSE: ROMAN CATHOLIC PRIESTHOOD | $13,148 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Charitable Foundation Inc Bethesda, MD | $421,128,793 | $429,131,785 |
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Claude Moore Charitable Foundation Fairfax, VA | $240,670,570 | $26,185,543 |
Community Anti-Drug Coalitions Of America Alexandria, VA | $15,283,034 | $14,789,686 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |