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The Tharpe Foundation EIN 58-1858404 Form 990 (PDF) Claim this org

The Tharpe Foundation

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A private foundation based in Atlanta, GA. It reported about $60K in revenue for 2025. For fiscal year 2025 it reported $60K in revenue, $44K in expenses, and $471K in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Atlanta, GA
Filings
6 on file (2020–2025)
Revenue
$60KFY2025
Expenses
$44K
Net assets
$471K
People
2
Filings
6
Updates
0
More identity details & actions ⌄
EIN  58-1858404 Private foundation / grantmaker Atlanta, GA
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Atlanta, GA. It reported about $60K in revenue for 2025.
Leadership
Linda Tharpe · Director
Money in and out
$60K revenue, $44K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$60K
Pt VIII · Ln 12
Total expenses
$44K
Pt IX · Ln 25
Net assets
$471K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $15K
Total assets
471K
deployed as grants and operations
Grants paid
36K
in FY2025
Grants made
43grants
total in period
Payout rate
8%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 43 grants · $36K · 2025–2025
The Lovett School INCGA · FY2025$2,500
St Jude Children's Research HospitFY2025$2,000
First Presbyteriam ChurchFY2025$2,000
Extra Special People INCGA · FY2025$1,165
Waypoint MinistriesFY2025$1,000
Tigers UnlimitedFY2025$1,000
Tigers UnlimitedFY2025$1,000
The Joy HouseFY2025$1,000
Rome Historic Golf PreservationFY2025$1,000
National Multiple Sclerosis SocietyNY · FY2025$1,000
Lighthouse Family Retreat INCGA · FY2025$1,000
Kenyan Women and ChildrenFY2025$1,000
Kansas State Alumni AssociationFY2025$1,000
Grace Marietta ChurchFY2025$1,000
Darlington SchoolGA · FY2025$1,000
Culver Educational FdnFY2025$1,000
Blue SkyFY2025$1,000
Atlanta Neuroscience FdFY2025$1,000
See all 43 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV12
Average grantPart XV$834
Median grantPart XV$1K
Largest grantPart XV$2K
Top cause focusNTEEArts & Culture (5%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$60K
FY2025▲ +17%
Expenses
$44K
FY2025▲ +6%
Total assets
$471K
FY2025▲ +4%
Total liabilities
$0
FY2025
Total revenue
$60K
Pt VIII · Ln 12
Total expenses
$44K
Pt IX · Ln 25
Net assets
$471K
Pt X · Ln 32
Total assetsPt II$471K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Tharpe Foundation
EINHdr · item D58-1858404
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Linda Tharpe
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Tharpe Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$60K
Total revenueLn 12$60K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.80 Operating & administrative $0.20
Grants & contributions paid80%$36K
Operating & administrative20%$9K
Total functional expensesLn 25$44K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$471K
Total liabilitiesLn 26$0
Total net assetsLn 32$471K
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $471K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $60K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $60K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $60K · Prior year $51K
+17%
Revenue CAGR
FY2020 $54K · FY2025 $60K
+2%
Net-asset trend (YoY)
End of year $471K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $60K · Expenses $44K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $471K
—
Net-asset ratio
Net assets $471K · Total assets $471K
100%
People & payroll
Highest Reported Total Compensation
Individual Linda Tharpe · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $44K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 17%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$60K revenue · viewing · ⤓ 990 PDF
FY2024$51K revenue · ⤓ 990 PDF
FY2023$12K revenue · ⤓ 990 PDF
FY2022$30K revenue · ⤓ 990 PDF
FY2021$44K revenue · ⤓ 990 PDF
FY2020$54K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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