Douglas N Thompson Foundation
- Assets
- $3.2m
- Revenue
- $270.7k
- Investments
- $3.0m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 27-7067908
Organization Overview
Douglas N Thompson Foundation is located in Salt Lake City, UT. 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. Douglas N Thompson 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 12/2022, Douglas N Thompson Foundation generated $270.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $282.0k during the year ending 12/2022. While expenses have increased by 22.8% per year over the past 8 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 2015, Douglas N Thompson Foundation has awarded 104 individual grants totaling $1,005,000. 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 |
|---|---|---|---|
Catherine Anne T Kaonohi Trustee | 0 | $0 | |
Mary Lynne Thompson Trustee | 0 | $0 | |
Robert D Thompson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180,000 |
| Interest on Savings | $65 |
| Dividends & Interest | $90,663 |
| 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 | $270,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,838 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12 |
| Total operating and administrative expenses | $3,010 |
| Contributions, gifts, grants paid | $279,000 |
| Total expenses and disbursements | $282,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,011 |
| Savings and temporary cash investments | $227,166 |
| 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 | $3,199,493 |
| 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, Douglas N Thompson Foundation has awarded $279,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
PRIMARY CHILDREN'S MEDICAL CENTER PURPOSE: CHILDREN'S MEDICAL ASSISTANCE | $10,000 |
SALVATION ARMY PURPOSE: HUMANITARIAN RELIEF | $2,000 |
LDS PHILANTHROPIES PURPOSE: GENEALOGICAL RESEARCH, HUMANITARIAN | $95,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: MEDICAL RESEARCH | $1,000 |
UTAH FOOD BANK PURPOSE: PURCHASE OF FOOD & SUPPLIES FOR THE FOOD BANK'S PROGRAM | $20,000 |
HUNTSMAN CANCER INSTITUTE PURPOSE: NEW BUILDING FUND & MEDICAL RESEARCH | $75,000 |