Thendara Foundation Inc
- Assets
- $9.8m
- Revenue
- $382.7k
- Investments
- $8.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/1985
- Data as of
- 12/2023
- EIN
- 31-1126072
Organization Overview
Thendara Foundation Inc is located in Wilmington, DE. The organization was established in 1985. 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. Thendara Foundation Inc 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 12/2023, Thendara Foundation Inc generated $382.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $708.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thendara Foundation Inc has awarded 965 individual grants totaling $4,191,990. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Reed Goss Trustee | 2 | $0 | |
Foster A Reed Trustee | 2 | $0 | |
Cl Reed III Trustee | 2 | $0 | |
Dorothy Foster Reed Trustee | 2 | $0 | |
Sophie Schlumberger President | 2 | $0 | |
Cristian Goss Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,404 |
| Dividends & Interest | $201,360 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128,445 |
| Capital Gain Net Income | $128,445 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,533 |
| Total Revenue | $382,742 |
| 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 | $11,534 |
| Total operating and administrative expenses | $110,517 |
| Contributions, gifts, grants paid | $598,418 |
| Total expenses and disbursements | $708,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,540 |
| Savings and temporary cash investments | $1,136,668 |
| 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 | $9,809,570 |
| 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, Thendara Foundation Inc has awarded $598,418 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
3RD I SOUTH ASIAN INDEPENDENT FILM PURPOSE: GENERAL SUPPORT | $3,000 |
ACCESS INSTITUTE FOR PSYCHOLOGICAL SERVICES PURPOSE: GENERAL SUPPORT | $395 |
ANERA PURPOSE: GENERAL SUPPORT | $19,790 |
AL OTRO LADO PURPOSE: GENERAL SUPPORT | $2,500 |
APOPO PURPOSE: GENERAL SUPPORT | $2,500 |
ART BASE PURPOSE: GENERAL SUPPORT & CAPITAL CAMPAIGN | $57,000 |