Leroy Thom Jean Thom And T-L Foundation Inc is located in Hastings, NE. The organization was established in 1994. 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. Leroy Thom Jean Thom And T-L 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 12/2022, Leroy Thom Jean Thom And T-L Foundation Inc generated $2.7m 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 (5.1%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Leroy Thom Jean Thom And T-L Foundation Inc has awarded 827 individual grants totaling $18,041,885. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas A Thom Dir | 0.5 | $0 | |
David W Thom Dir | 0.5 | $0 | |
James Thom Pres/dir | 0.5 | $0 | |
Robert Lubken Dir | 0.5 | $0 | |
David H Fisher Dir, Gen Cou | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,311,900 |
| Interest on Savings | $39,089 |
| Dividends & Interest | $1,068,442 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,236 |
| Capital Gain Net Income | $16,236 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $277,639 |
| Total Revenue | $2,713,306 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,261 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $541 |
| Total operating and administrative expenses | $32,337 |
| Contributions, gifts, grants paid | $4,450,200 |
| Total expenses and disbursements | $4,482,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,942,227 |
| Net Accounts receivable | $18,156 |
| 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 | $38,014,559 |
| 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 |
Over the last fiscal year, Leroy Thom Jean Thom And T-L Foundation Inc has awarded $4,450,200 in support to 121 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION AGAINST HUNGER PURPOSE: HUNGER RELIEF | $15,000 |
ADAMS COUNTY HISTORICAL SOCIETY PURPOSE: HISTORY PRESERVATION | $1,000 |
ALLIANCE OF FREEDOM PURPOSE: CHRISTIAN LEGAL ADVOCAY | $3,000 |
AMERICAN CANCER SOCIETY - ADAMS COUNTY PURPOSE: CANCER RESEARCH | $6,000 |
BILLY GRAHAM EVANGELISTIC ASSOCIATION PURPOSE: RELIGIOUS SUPPORT | $30,000 |
AMERICAN CENTER FOR LAW & JUSTICE PURPOSE: SOCIAL JUSTICE | $9,000 |