Thurston Family Foundation
- Assets
- $60.3m
- Revenue
- $1.6m
- Investments
- $57.1m
- Employees
- 0
- Location
- Jackson, WY
- Founding
- 03/2013
- Data as of
- 12/2022
- EIN
- 45-6504582
Organization Overview
Thurston Family Foundation is located in Jackson, WY. The organization was established in 2013. 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. Thurston 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 12/2022, Thurston Family Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thurston Family Foundation has awarded 106 individual grants totaling $13,432,550. 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 |
|---|---|---|---|
Ray R Thurston Trustee | 2 | $0 | |
Wyatt N Thurston Director | 2 | $0 | |
Matthew R Thurston Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $60,377 |
| Dividends & Interest | $1,194,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $251,145 |
| Capital Gain Net Income | $251,145 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $110,702 |
| Total Revenue | $1,617,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,180 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $29,616 |
| Contributions, gifts, grants paid | $3,203,200 |
| Total expenses and disbursements | $3,232,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,077,529 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $90,055 |
| 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 | $3,519,056 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $60,278,662 |
| 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, Thurston Family Foundation has awarded $3,203,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE C4 FOUNDATION PURPOSE: PROVIDE SUPPORT AND RESOURCES TO ACTIVE DUTY NAVY SEALS AND THEIR FAMILIES. | $30,000 |
FRESH START WOMEN'S FOUNDATION PURPOSE: PROVIDES EDUCATION, RESOURCES AND SUPPORT TO WOMEN IN THE COMMUNITY. | $100,000 |
HONOR HEALTH FOUNDATION BIOSKILLS L PURPOSE: COMMUNITY HEALTH NEEDS | $10,000 |
COMMUNITY FOUNDATION OF JACKSON HOL PURPOSE: COMMUNITY EMERGENCY RESPONSE FUND SUPPORTING VUNERABLE POPULATIONS | $100,000 |
COMMUNITY FOUNDATION OF JACKSON HOL PURPOSE: COMMUNITY RESPONSE FUND | $250,000 |
GENESIS CITY PURPOSE: EDUCATION FOR DISADVANTAGED YOUTH | $10,000 |