Shawn Thornton Foundation Inc

Organization Overview

Shawn Thornton Foundation Inc is located in Boston, MA. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. Shawn Thornton 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, Shawn Thornton Foundation Inc generated $157.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $181.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Shawn Thornton Foundation Inc has awarded 23 individual grants totaling $940,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE SHAWN THORNTON FOUNDATION IS DEDICATED TO HELPING FIND CURES FOR DISEASES CLOSE TO SHAWN'S HEART, SPECIFICALLY, PARKINSON'S AND CANCER. THE FOUNDATION WILL WORK TOWARDS THIS MISSION BY RAISING AWARENESS, FUNDING INNOVATIVE RESEARCH AND HELPING TO RELIEVE THE BURDEN AND IMPROVE THE QUALITY OF LIFE FOR PATIENTS AND THEIR FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS MADE TO ORGANIZATIONS SEEKING CURES FOR PARKINSON'S DISEASE AND CANCER


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Board, Officers & Key Employees

Name (title)Compensation
Shawn Thornton
President
$0
Thomas J Tinlin
Clerk
$0
Neil Gordon
Treasurer
$0
Charles Murphy
Director
$0
Sarah Mckenna
Director
$0
Christine Mcmahon
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$246,051
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,911
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$251,962
Total Program Service Revenue$0
Investment income $60
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$95,000
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $157,022

Grants Awarded

Over the last fiscal year, Shawn Thornton Foundation Inc has awarded $175,000 in support to 3 organizations.

Grant RecipientAmount

BOSTON CHILDREN'S HOSPITAL

PURPOSE: RESEARCH

$50,000

DANA FARBER CANCER INSTITUTE

PURPOSE: RESEARCH

$25,000

AMERICAN PARKINSON'S DISEASE ASSOCIATION

PURPOSE: RESEARCH

$100,000
View Grant Profile

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