DALLAS, TX

Carl And Marilynn Thoma

Quick Facts

EIN: 465446388
Location: DALLAS, TX
Category: Philanthropy & Grantmaking
Total Assets: $1.2B
Annual Income: $243M
IRS Ruling Year: 2014
Organization Type: Corporation
Principal Officer: % Carl Thoma
Tax Deductibility: Contributions are deductible

About This Foundation

Carl And Marilynn Thoma is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2014. The principal officer is % Carl Thoma. It holds total assets of $1.2B. Annual income is reported at $243M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$44.3M

2023+43%

Total Assets

$1.1B

2023+18%

Fair Market Value

$1.1B

2023

Net Worth

$1.1B

2023

Grants Paid

$36.7M

2023

Contributions

$58.6M

2023

Net Investment Income

$77.9M

2023

Distribution Amount

$44.7M

2023

Total Giving by Year

$196K

$734K

$2.5M

$5.3M

$33.5M

$30.9M

$44.3M

Asset Growth

$8.2M

$79.3M

$240.6M

$303M

$894.5M

$921.4M

$1.1B

Investment Portfolio (2023)

Total: $28.8M

Corporate Stock: $3.3M

Government Obligations: $25.5M

Other Investments: $748.7M

Cash: $45.4M

Corporate Stock (0%)

Government Obligations (3%)

Other Investments (91%)

Cash (6%)

Expense Breakdown (2023)

Grants Paid$36.7M

Travel & Conferences$501K

Occupancy$229K

Depreciation$205K

Accounting Fees$100K

Pension & Benefits$64K

Legal Fees$15K

Revenue Sources (2023)

Contributions: $58.6M
Capital Gains (Net): $51.3M
Other Income: $33M
Dividends: $13.2M
Interest: $688K

Financial Details (2023)

Total Revenue: $156.8M
Total Expenses: $44.3M
Exempt Purpose Expenses: $38.6M
Required Distribution: $44.7M
Undistributed Income: $44.5M
Total Liabilities: $1.7M
Excise Tax: $1.1M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$60.4M

Average Grant

$1.2M

Median Grant

$38K

Total Giving by Year

$23.7M (13 grants)

$36.7M (37 grants)

Grant Range

Min$1K

Max$35.1M

Median: $38K

Smallest grantLargest grant

Openness to New Grantees (2023)

86%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

NY: $277K (6)

MA: $400K (2)

OR: $250K (1)

IL: $438K (6)

CA: $65K (4)

DC: $200K (2)

AZ: $1.1M (3)

NM: $1.3M (10)

KS: $18K (1)

OK: $23K (1)

LA: $2K (1)

FL: $55.1M (3)

TX: $1.1M (3)

FL$55.1M (3)

NM$1.3M (10)

AZ$1.1M (3)

TX$1.1M (3)

IL$438K (6)

MA$400K (2)

Past Grantees

Recipient	Location	Amount	Year
Schwab CharitableGENERAL SUPPORT	Orlando, FL	$35.1M	2023
Portland Art MuseumJEFFREY GIBSON BIENNALE SUPPORT	Portland, OR	$250K	2023
The Santa Fe Opera2023 SEASON SPONSORSHIP	Santa Fe, NM	$250K	2023
Chicago Shakespeare TheaterDEDUCTIBLE PORTION OF 2023 SPIRIT OF SHAKESPEARE HOST COMMITTEE SPONSORSHIP	Chicago, IL	$125K	2023
Golden Apple FoundationGENERAL SUPPORT	Chicago, IL	$100K	2023
New Mexico School For The ArtsGENERAL SUPPORT	Sante Fe, NM	$100K	2023
American Enterprise InstituteGENERAL SUPPORT	Washington, DC	$100K	2023
Phoenix Art MuseumGENERAL SUPPORT	Phoenix, AZ	$100K	2023
Site Santa FeGENERAL SUPPORT	Santa Fe, NM	$55K	2023
Art Institute Of ChicagoGENERAL SUPPORT	Chicago, IL	$50K	2023
Myriad UsaEXHIB SUPPORT ELIAS SIME AT BIENNALE	New York, NY	$50K	2023
New Berry LibraryGRANT: SEEING RACE BEFORE RACE	Chicago, IL	$40K	2023
Tucson Museum Of ArtGRANT FOR CUMBI: TEXTILES, SOCIETY AND MEMORY IN ANDEAN SOUTH AMERICA	Tucson, AZ	$35K	2023
Think New MexicoANNUAL DONATION	Santa Fe, NM	$35K	2023
Carla GarciaRESEARCH AWARD	Ciudad Autonoma	$33K	2023
Blanton Museum Of ArtANNUAL LEADERSHIP BOARD CONTRIB	Austin, TX	$27K	2023
Gaby Greenlee2022-23 POSTDOCTORAL FELLOWSHIP	Santa Cruz, CA	$25K	2023
Autry Museum Of The American WestGRANT FOR INDIGENOUS FUTURES EXHIBIT	Los Angeles, CA	$25K	2023
New Museum Of Contemporary ArtDONATION FOR TUAN ANDREW NGUYEN EXHIBIT	New York, NY	$25K	2023
International Print Center New YorkGRANT FOR STORYWORK: THE PRINTS OF MARIE WATT	New York, NY	$25K	2023
Lyric Opera Of ChicagoGENERAL SUPPORT	Chicago, IL	$23K	2023
Mcknight Center For The Performing ArtsGENERAL SUPPORT	Stillwater, OK	$23K	2023
Elena AmerioPRE-DOCTORAL FELLOWSHIP GRANT	—	$23K	2023
Ninel ValderramaRESEARCH AWARD	Lawrence, KS	$18K	2023
The Metropolitan Museum Of ArtGENERAL SUPPORT	New York, NY	$12K	2023
Universidad De Los AndesPARTNERSHIP GRANT	Santa Fe	$11K	2023
Santa Fe Chamber Music FestivalGENERAL SUPPORT	Sante Fe, NM	$10K	2023
One Mind Music FestivalANNUAL DONATION	Rutherford, CA	$10K	2023
Francisco MamaniRESEARCH AWARD	Saintouensurseine	$8K	2023
Camila MiravallesGENERAL SUPPORT	Ciudad Autonoma	$5K	2023
Jennifer WestHONORARIUM FOR ART VAULT EXHIBIT	Los Angeles, CA	$5K	2023
Gabriela SiracusanoANNUAL HONORARIUM: 2022	—	$2K	2023
Association For Latin American ArtGENERAL SUPPORT	Tampa, FL	$2K	2023
College Art AssociationSUPPORT CONFERENCE RECEPTION	New York, NY	$2K	2023
Carmen Fernandez-SalvadorANNUAL HONORARIUM: 2022	—	$2K	2023
Barbara Mundy2023-24 ASA JUROR HONORARIUM	New Orleans, LA	$2K	2023
Radius BooksGENERAL SUPPORT	Santa Fe, NM	$1K	2023
Schwab CharitableGENERAL SUPPORT	Orlando, FL	$20M	2022
Yavapai CountyGENERAL SUPPORT	Prescott, AZ	$1M	2022
Collegiate Edu-NationGENERAL SUPPORT	Roscoe, TX	$1M	2022
New Mexico State UniversityGENERAL SUPPORT	Las Cruces, NM	$300K	2022
Ngage New MexicoGENERAL SUPPORT	Las Cruces, NM	$300K	2022
Empower SchoolsGENERAL SUPPORT	Boston, MA	$200K	2022
Mass Design GroupGENERAL SUPPORT	Boston, MA	$200K	2022
Whitney Museum Of American ArtGENERAL SUPPORT	New York, NY	$163K	2022
New Mexico School For The ArtsGENERAL SUPPORT	Sante Fe, NM	$105K	2022
Golden Apple FoundationGENERAL SUPPORT	Chicago, IL	$100K	2022
American Enterprise InstituteGENERAL SUPPORT	Washington, DC	$100K	2022
Site Santa FeGENERAL SUPPORT	Santa Fe, NM	$100K	2022
Asia Society TexasGENERAL SUPPORT	Houston, TX	$100K	2022