Thornwell Family Foundation Inc

Organization Overview

Thornwell Family Foundation Inc is located in Atlanta, GA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Thornwell Family 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 12/2023, Thornwell Family Foundation Inc generated $208.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $274.5k during the year ending 12/2023. While expenses have increased by 17.0% per year over the past 5 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 2020, Thornwell Family Foundation Inc has awarded 73 individual grants totaling $744,000. 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)Compensation
Katherine Thornwell Stautberg
President
$0
Katherine Conrad Thornwell
Secretary
$0
Timothy Edward Stautberg
Treasurer
$0
Rembert Marshall Thornwell
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $398
Interest on Savings $175
Dividends & Interest $84,910
Net Rental Income$0
Net Gain on Sale of Assets $122,894
Capital Gain Net Income $122,894
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $208,377

Grants Awarded

Over the last fiscal year, Thornwell Family Foundation Inc has awarded $242,500 in support to 20 organizations.

Grant RecipientAmount

VICAR'S LANDING FOUNDATION

PURPOSE: GENERAL CHARITABLE PURPOSES

$1,000

K-9S FOR WARRIORS

PURPOSE: PROVIDES SERVICE CANINES TO VETERANS

$5,000

OUR LADY OF PERPETUAL HELP

PURPOSE: PROVIDING CARE TO CANCER PATIENTS

$2,000

ST AUGUSTINE YOUTH SERVICES

PURPOSE: RESIDENTIAL GROUP HOMES, YOUTH SERVI

$8,000

THORNWELL HOME FOR CHILDREN

PURPOSE: FOSTER CARE HOME FOR CHIDREN

$5,000

SALVATION ARMY OF ST AUGUSTINE

PURPOSE: GENERAL PUBLIC WELFARE

$500
View Grant Profile

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