Thorney Point Foundation
- Assets
- $2.8m
- Revenue
- $247.9k
- Investments
- $2.7m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 74-3070101
Organization Overview
Thorney Point Foundation is located in Alexandria, VA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thorney Point 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, Thorney Point Foundation generated $247.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $162.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Thorney Point Foundation has awarded 181 individual grants totaling $951,520. 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 |
|---|---|---|---|
Suzanne S Brock President | 2 | $0 | |
David H Brock Vice Pres | 1 | $0 | |
Lisa S Brock Vice Pres | 1 | $0 | |
Geoffrey S Brock Vice Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160,000 |
| Interest on Savings | $26 |
| Dividends & Interest | $58,833 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,039 |
| Capital Gain Net Income | $29,039 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $247,898 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $800 |
| Total operating and administrative expenses | $24,728 |
| Contributions, gifts, grants paid | $138,000 |
| Total expenses and disbursements | $162,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,279 |
| Savings and temporary cash investments | $0 |
| 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 | $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 | $2,813,091 |
| 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, Thorney Point Foundation has awarded $138,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ST PAUL'S DAY SCHOOL PURPOSE: RELIGIOUS | $500 |
ST ALBAN'S SCHOOL PURPOSE: EDUCATIONAL | $5,500 |
PARTNERS IN MINISTRY SWARTHMORE COL PURPOSE: RELIGIOUS | $1,000 |
ST THERESA CATHOLIC CHURCH PURPOSE: RELIGIOUS | $1,000 |
DUKE UNIVERSITY PURPOSE: EDUCATIONAL | $7,000 |
LAKE TAHOE COMMUNITY PRESBYTERIAN C PURPOSE: RELIGIOUS | $4,000 |