The Thomas Family Foundation Inc
- Assets
- $8.6m
- Revenue
- $548.4k
- Investments
- $8.4m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 03/2000
- Data as of
- 09/2023
- EIN
- 36-4311966
Organization Overview
The Thomas Family Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 2000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Thomas Family 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 09/2023, Thomas Family Foundation Inc generated $548.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $547.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Thomas Family Foundation Inc has awarded 234 individual grants totaling $2,606,575. 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 |
|---|---|---|---|
Alfred Thomas President/treasurer | 2 | $0 | |
Phyllis Thomas Vice-President/secretary | 2 | $0 | |
Lydia Bart Vice-President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,352 |
| Dividends & Interest | $232,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $313,215 |
| Capital Gain Net Income | $313,215 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $548,441 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,238 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61 |
| Total operating and administrative expenses | $82,901 |
| Contributions, gifts, grants paid | $464,982 |
| Total expenses and disbursements | $547,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $133,086 |
| 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 | $400 |
| 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 | $130,959 |
| Total assets | $8,638,753 |
| 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, The Thomas Family Foundation Inc has awarded $464,982 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
4KIDSINC PURPOSE: TO PROVIDE A HOME & REFUGE FOR EVERY CHILD IN NEED | $2,000 |
A SPRING OF HOPE INC PURPOSE: BRING WATER & SANITATION TO NEEDY | $25,000 |
AMERICAN RED CROSS PURPOSE: TO PREVENT AND ALLEVIATE HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND THE GENEROSITY OF DONORS | $25,000 |
BOCA HELPINGS HANDS PURPOSE: DEDICATED TO CURING MUSCULAR DYSTROPHY, ALS, AND RELATED DISEASES BY FUNDING WORLDWIDE RESEARCH AND TO PROVIDE FOOD, MEDICAL AND FINANCIAL ASSISTANCE TO MEET BASIC HUMAN NEEDS | $2,500 |
BROWARD COLLEGE FOUNDATION PURPOSE: TO TRANSFORM LIVES THROUGH EDUCATION AND COMMUNITY AWARENESS | $25,000 |
BROWARD PARTNERSHIP FOR THE HOMELESS PURPOSE: PROVIDE ASSISTANCE FOR THE HOMELESS IN BROWARD COUNTY | $10,000 |