501(c)(3) charity; gifts are tax-deductible.
$90K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $83K a year · 13% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$90K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
990-PF Pt VIII
6 mo
of spending, in cash
Looks good: 6.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$762K
+2% vs prior year
Spent
$710K
Net assets
$12.6M
By yearFY2020–FY2024
Revenue
$762K
FY2024▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$196K
FY2021$458K
FY2022$996K
FY2023$744K
FY2024$762K
Expenses
$710K
FY2024▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$680K
FY2021$663K
FY2022$745K
FY2023$771K
FY2024$710K
Net assets
$12.6M
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.5M
FY2021$14.2M
FY2022$11.9M
FY2023$12.4M
FY2024$12.6M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 73% · $520K Operating & administrative 27% · $190K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990-PF; $90K paid to officers and key staff.

Part VII, Section A · reportable compensation
$48,000Pt VII · Sec A
Sec/Treas/Di
$42,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See The Thomas Foundation executive salaries →

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Programs and updates

A private foundation based in Frisco, TX.

Questions for The Thomas Foundation

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Your first name shows with your question. The Thomas Foundation answers here, for everyone.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 44 grants · $520K · 2024–2024
Lifesavers FoundationTX · FY2024$30,000
Thrive Women's ClinicFY2024$25,000
Mastermedia Ministries INCTX · FY2024$25,000
Harvesters Reaching the NationsFY2024$25,000
Dallas Life FoundationFY2024$20,000
Bravelove INCTX · FY2024$20,000
White Rock Center of HopeTX · FY2024$10,000
Well CommunityTX · FY2024$10,000
Way Media INCCO · FY2024$10,000
Unite LifeTX · FY2024$10,000
Union Gospel MissionFY2024$10,000
Uncharted Ministries INCTX · FY2024$10,000
Individual RecipientFY2024$10,000
Individual RecipientFY2024$10,000
See all 44 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV26
Average grantPart XV$12K
Median grantPart XV$10K
Largest grantPart XV$30K
Top cause focusNTEEReligion (23%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$762K
Investment income$759K
Other income$2K
Money out
$710K
Grants paid$520K
Running costs$190K
Owns and owes
$12.6M
net assets
Cash and savings$375K
Total assets$12.6M
Liabilities$0
People
4
listed
Paid2
2In more detail
Revenue in detail
Investment income$759K
Other income$2K
Total revenue$762K
Assets in detailEnd of year
Cash and savings together$375K
Total assets$12.6M
Liabilities$0
Net assets$12.6M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $762K$710K$51K$12.6M 990 PDF
FY2023 $744K$771K−$28K$12.4M 990 PDF
FY2022 $996K$745K$251K$11.9M 990 PDF
FY2021 $458K$663K−$205K$14.2M 990 PDF
FY2020 $196K$680K−$484K$12.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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