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Therese Foundation is a private corporation based in ST PAUL, MN. The foundation received its IRS ruling in 1979. It holds total assets of $1.2M. Annual income is reported at $410K. Total assets have grown from $700K in 2011 to $1.2M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Minnesota, New York and California. According to available records, Therese Foundation has made 33 grants totaling $430K, with a median grant of $15K. Annual giving has grown from $120K in 2020 to $310K in 2022. Individual grants have ranged from $5K to $25K, with an average award of $13K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Illinois, which account for 70% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$13K
Largest Grant
$20K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Therese Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MN, NY, IL.
Therese Foundation has distributed a total of $430K across 33 grants. The median grant size is $15K, with an average of $13K. Individual grants have ranged from $5K to $25K.
Therese Foundation typically selects its grantees rather than accepting unsolicited proposals.
Therese Foundation is headquartered in ST PAUL, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kayla Nimis | SECRETARY | $0 | $0 | N/A |
| John Quigley | PRESIDENT | $0 | $0 | N/A |
| Roland D Nimis | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$170K
Total Assets
$1.2M
Fair Market Value
$2.1M
Net Worth
$1.2M
Grants Paid
$155K
Contributions
N/A
Net Investment Income
$32K
Distribution Amount
$104K
Total: $906K
Total Grants
33
Total Giving
$430K
Average Grant
$13K
Median Grant
$15K
Unique Recipients
13
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Night Ministry ChicagoGENERAL OPERATING SUPPORT | Chicago, IL | $20K | 2022 |
| Against Malaria FoundationGENERAL OPERATING SUPPORT | Philadelphia, PA | $15K | 2022 |
| International Rescue CommitteeGENERAL OPERATING SUPPORT | New York, NY | $15K | 2022 |
| Doctors Without Borders UsaGENERAL OPERATING SUPPORT | New York, NY | $15K | 2022 |
| Partners In HealthGENERAL OPERATING SUPPORT | Boston, MA | $15K | 2022 |
| Greater Twin Cities United WayANNUAL CAMPAIGN | Minneapolis, MN | $15K | 2022 |
| Jeremiah ProgramGENERAL OPERATING SUPPORT | St Paul, MN | $15K | 2022 |
| New IncentivesGENERAL OPERATING SUPPORT | Walnut, CA | $10K | 2022 |
| Hellen Keller InternationalGENERAL OPERATING SUPPORT | New York, NY | $10K | 2022 |
| Cookie CartANNUAL CAMPAIGN | Minneapolis, MN | $10K | 2022 |
| Living GoodsGENERAL OPERATING SUPPORT | San Francisco, CA | $10K | 2022 |
| Catholic Charities St PaulmplsANNUAL CAMPAIGN | Minneapolis, MN | $5K | 2022 |
| Small SumsGENERAL OPERATING SUPPORT | St Paul, MN | $5K | 2020 |