Thompson Family Foundation
- Assets
- $4.3m
- Revenue
- $261.2k
- Investments
- $1.2m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/2011
- Data as of
- 06/2024
- EIN
- 27-1522154
Organization Overview
Thompson Family Foundation is located in Birmingham, AL. The organization was established in 2011. 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. Thompson 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 06/2024, Thompson Family Foundation generated $261.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $239.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thompson Family Foundation has awarded 185 individual grants totaling $2,083,816. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,659 |
| Dividends & Interest | $34,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,712 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $151,250 |
| Total Revenue | $261,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,471 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71 |
| Total operating and administrative expenses | $15,772 |
| Contributions, gifts, grants paid | $224,116 |
| Total expenses and disbursements | $239,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,163 |
| Savings and temporary cash investments | $0 |
| 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 | $2,492,612 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,186,901 |
| Net Land, buildings, and equipment | $602,534 |
| Other assets | $0 |
| Total assets | $4,332,210 |
| 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 | $71 |
| Total liabilities | $71 |
Grants Awarded
Over the last fiscal year, Thompson Family Foundation has awarded $224,116 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
100 FOLD STUDIO PURPOSE: SUPPORT ORGANIZATION GOALS | $5,000 |
ALABAMA SYMPHONY ORCHESTRA PURPOSE: SUPPORT OF THE SYMPHONY ORCH | $5,000 |
ATEAM MINISTRIES PURPOSE: SUPPORT, ENCOURAGEMENT & OVERHEAD & | $26,200 |
BIRMINGHAM HABITAT FOR HUMANITY PURPOSE: WORKING WITH DISADVANTAGED | $28,916 |
BIRMINGHAM JEWISH FEDERATIONS INC PURPOSE: SUPPORT & NURTURING JEWISH LIFE | $10,000 |
BIRMINGHAM MUSEUM OF ART PURPOSE: HELP FULFILL ORGANIZATION GOALS | $1,000 |