Thagard Foundation FY2022 filing

Tax-deductible

Fontana, CA501(c)(3)EIN 95-6225425

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · 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
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $64K a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
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
$308K
-35% vs prior year
Spent
$278K
Net assets
$3.6M
By yearFY2021–FY2025
Revenue
$308K
FY2022▼ -35%
Revenue by fiscal year
FY2021$472K
FY2022$308K
FY2023$295K
FY2024$262K
FY2025$467K
FY2025$279K
Expenses
$278K
FY2022▲ +3%
Expenses by fiscal year
FY2021$271K
FY2022$278K
FY2023$283K
FY2024$307K
FY2025$343K
FY2025$407K
Net assets
$3.6M
FY2022▲ +0.8%
Net assets by fiscal year
FY2021$3.6M
FY2022$3.6M
FY2023$3.6M
FY2024$3.6M
FY2025$3.7M
FY2025$3.6M

From the FY2022 Form 990 (year ending April 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1968.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 70% · $195K Operating & administrative 30% · $83K

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

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2025
William N Ratkovic$17,000$17,000
Raymond G Thagard JR$17,000$17,000
Belle L Ellis$5,000$5,000
John C Bagwell$5,000$5,000
George F Thagard III$5,000$5,000
Glen J Ellis JR$5,000$5,000
Kirk a Vanmatre$5,000$5,000
V William Osier$5,000$5,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Thagard Foundation executive salaries →

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Programs and updates

A private foundation based in Fontana, CA.

Provided by the organization

This section is blank until Thagard Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 33 grants · $312K · 2025–2025
Shriners Hospital for ChildrenFY2025$38,000
Trinity School of MidlandFY2025$25,000
Permian Basin Area Foundation-Clare Tompson Ellis MemorialFY2025$20,000
Kitten Clutter RescueFY2025$19,500
Breaking Bread Ministries of Midland TXFY2025$14,000
Scottsdale Christian AcademyFY2025$12,000
Menlo College Office of AdvancementFY2025$12,000
Safeplace of Midland TexasFY2025$10,000
Pacific Marine Mammal CenterFY2025$10,000
St Joseph Hospital FoundationFY2025$10,000
The Center for Comprehensive Care and Diagnosis of Inherited Blood DisorderFY2025$10,000
Mission Hospital FoundationFY2025$10,000
Individual RecipientFY2025$10,000
Scottish Rite Aphasia FundFY2025$10,000
Culver Educational FoundationFY2025$10,000
Buckner of Midland TexasFY2025$10,000
Trabuco Presbyterian ChurchFY2025$10,000
Garry Marshall TheatreFY2025$10,000
See all 33 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$9K
Median grantPart XV$10K
Largest grantPart XV$38K

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$308K
Investment income$308K
Money out
$278K
Grants paid$195K
Running costs$83K
Owns and owes
$3.6M
net assets
Cash and savings$43K
Total assets$3.6M
Liabilities$0
2In more detail
Revenue in detail
Investment income$308K
Total revenue$308K
Assets in detailEnd of year
Cash and savings together$43K
Total assets$3.6M
Liabilities$0
Net assets$3.6M
Operations
Fiscal year endsApril

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $467K$343K$124K$3.7M 990 PDF
FY2024 $262K$307K−$45K$3.6M 990 PDF
FY2023 $295K$283K$11K$3.6M 990 PDF
FY2022 Viewing $308K$278K$30K$3.6M 990 PDF
FY2021 $472K$271K$201K$3.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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