Dorothy J Thornley Foundation
- Assets
- $1.4m
- Revenue
- $787.8k
- Investments
- $1.3m
- Employees
- 0
- Location
- Rumford, RI
- Founding
- 04/2013
- Data as of
- 12/2023
- EIN
- 46-1977249
Organization Overview
Dorothy J Thornley Foundation is located in Rumford, RI. 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. Dorothy J Thornley 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 12/2023, Dorothy J Thornley Foundation generated $787.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $36.9k during the year ending 12/2023. While expenses have increased by 15.8% 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 2016, Dorothy J Thornley Foundation has awarded 48 individual grants totaling $216,491. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew W Davis Director | 10 | $0 | |
Andrew H Davis Jr Director/secretary | 5 | $0 | |
Dorothy J Thornley Pres., Vp, Treasurer & Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $729,134 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,685 |
| 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 | $787,819 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $748 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,898 |
| Contributions, gifts, grants paid | $32,009 |
| Total expenses and disbursements | $36,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,660 |
| Savings and temporary cash investments | $105,196 |
| 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 | $4,058 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,370,653 |
| 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, Dorothy J Thornley Foundation has awarded $32,009 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: FAMILY ASSISTANCE | $3,000 |
THE GORDON SCHOOL PURPOSE: FAMILY TUITION ASSISTANCE | $3,000 |
EAST PROVIDENCE HISTORICAL SOCIETY PURPOSE: HISTORICAL PRESERVATION | $15,009 |
HOPE HOSPICE & PALLATIVE CARE OF RI PURPOSE: HOSPICE CARE | $3,000 |
THE LINCOLN SCHOOL PURPOSE: TUITION ASSISTANCE | $3,000 |
AMERICAN HEART ASSOCIATION PURPOSE: FAMILY ASSISTANCE | $5,000 |