Thornburgh Family Foundation

Organization Overview

Thornburgh Family Foundation is located in Palm Beach, FL. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thornburgh 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.

For the year ending 12/2021, Thornburgh Family Foundation generated $932.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $553.3k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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 2016, Thornburgh Family Foundation has awarded 43 individual grants totaling $2,484,339. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Richard E Thornburgh
Trustee
$0
Cornelia P Thornburgh
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $36,631
Dividends & Interest $339,042
Net Rental Income$0
Net Gain on Sale of Assets $570,300
Capital Gain Net Income $570,300
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$13,514
Total Revenue $932,459

Grants Awarded

Over the last fiscal year, Thornburgh Family Foundation has awarded $512,000 in support to 6 organizations.

Grant RecipientAmount

UNIVERSITY OF CINCINNATI FOUNDATION

PURPOSE: GENERAL SUPPORT

$210,000

Hartford, CT

PURPOSE: GENERAL SUPPORT

$150,000

CONVENT OF SACRED HEART NYC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$100,000

THE LORDS PLACE

PURPOSE: GENERAL SUPPORT

$50,000

Denville, NJ

PURPOSE: GENERAL SUPPORT

$1,000

JIMMY LEE SCHOLARSHIP FUND

Org PageRecipient Profile

Purchase, NY

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Profile

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