Thomson Family Foundation
- Assets
- $1.3m
- Revenue
- -$22.8k
- Investments
- $1.3m
- Employees
- 0
- Location
- Faribault, MN
- Founding
- 03/1968
- Data as of
- 12/2022
- EIN
- 95-6189522
Organization Overview
Thomson Family Foundation is located in Faribault, MN. The organization was established in 1968. 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. Thomson Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Thomson Family Foundation has awarded 40 individual grants totaling $310,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Grunnet Trustee | 0 | $0 | |
Peter Grunnet Trustee | 0 | $0 | |
Kirsten Grunnet Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $102 |
| Dividends & Interest | $35,565 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$58,418 |
| Capital Gain Net Income | $62 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$22,751 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,492 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,632 |
| Contributions, gifts, grants paid | $92,500 |
| Total expenses and disbursements | $109,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,051 |
| 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 | $1,271,431 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,337,482 |
| 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, Thomson Family Foundation has awarded $92,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SANTA CRUZ HILLEL PURPOSE: SUPPORT | $22,500 |
BELIEVET CANINE SERVICE PARTNERS PURPOSE: SUPPORT | $3,500 |
DOCTORS WITHOUT BORDERS USA PURPOSE: SUPPORT | $10,000 |
NA COUNCIL ON ADOPTABLE CHILDREN PURPOSE: SUPPORT | $5,500 |
IMMIGRANT LAW CENTER OF MINNESOTA PURPOSE: SUPPORT | $10,000 |
OUR SAVIOR'S LUTHERAN CHURCH PURPOSE: SUPPORT | $1,000 |