Wc And Ej Thornton Foundation
- Assets
- $3.1m
- Revenue
- $50.9k
- Investments
- $2.8m
- Employees
- 0
- Location
- Denver, CO
- Founding
- Data as of
- 06/2024
- EIN
- 85-1286430
Organization Overview
Wc And Ej Thornton Foundation is located in Denver, CO. 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. Wc And Ej Thornton 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 06/2024, Wc And Ej Thornton Foundation generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.1%) each year. All expenses for the organization totaled $260.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wc And Ej Thornton Foundation has awarded 112 individual grants totaling $679,990. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOLD.ORG - 40 SCHOLARSHIPS FUNDED
ALEXANDER HAMILTON SCHOLARS - SUPPORT FOR SCHOLARSHIPS EMERGENCY FUNDING AND YEARLY SCHOLAR GATHERING FOR EDUCATION
MAINE COLLEGE OF ART AND DESIGN - MATCH FUNDING FOR EDUCATIONAL SUPPORT OF ART STUDENTS
DOWNTOWN AURORA VISUAL ARTS - MATCH FUNDING FOR COMPUTER LAB FUNDRAISING FOR STUDENT USE - LEARNING AND ART DESIGN
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,892 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,458 |
| Total operating and administrative expenses | $17,458 |
| Contributions, gifts, grants paid | $243,481 |
| Total expenses and disbursements | $260,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,915 |
| Savings and temporary cash investments | $298,318 |
| 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 | $3,117,986 |
| 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, Wc And Ej Thornton Foundation has awarded $243,481 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE NOW GREATER CLEVELAND PURPOSE: EDUCATION | $5,000 |
BOLD PURPOSE: ARTS AND EDUCATION SCHOLARSHIPS | $40,000 |
MUSEUM OF OUTDOOR ARTS PURPOSE: ARTS | $1,000 |
NATIONAL CENTER FOR CHILDREN'S ILLU PURPOSE: LITERATURE AND ARTS | $1,000 |
DOWNTOWN AURORA VISUAL ARTS PURPOSE: ARTS FOR DISADVANTAGED YOUTH | $15,000 |
CLEVELAND INSTITUTE OF MUSIC PURPOSE: MUSIC SCHOLARSHIPS | $15,000 |