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Thorbeck Foundation is a private corporation based in GONVICK, MN. The foundation received its IRS ruling in 1992. It holds total assets of $402K. Annual income is reported at $159K. To give scholarships to high school graduates entering/attending college from Northern Clearwater County, Minnesota area. In 2022 scholarships of $ 5,000 each were awarded to 6 area high school graduates entering college, and a scholarship of $5,000 was awarded to 1 area previous year graduate attending college. According to available records, Thorbeck Foundation has made 28 grants totaling $150K, with a median grant of $5K. Annual giving has grown from $35K in 2020 to $45K in 2023. Grantmaking activity was highest in 2022 with $70K distributed across 14 grants. Individual grants have ranged from $5K to $7K, with an average award of $5K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
To give scholarships to high school graduates entering/attending college from Northern Clearwater County, Minnesota area. In 2021 scholarships of $10,000 each were awarded to 3 area high school graduates entering college, and a scholarship of $5,000 was awarded to 1 area previous year graduate attending college.
To give scholarships to high school graduates entering/attending college from Northern Clearwater County, Minnesota area. In 2022 scholarships of $ 5,000 each were awarded to 6 area high school graduates entering college, and a scholarship of $5,000 was awarded to 1 area previous year graduate attending college. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in MN.
Thorbeck Foundation has distributed a total of $150K across 28 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $7K.
Thorbeck Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thorbeck Foundation is headquartered in GONVICK, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katherine Imle | Sec-Treas | $0 | $0 | $0 |
| Douglas Johnson | Director | $0 | $0 | $0 |
| Jeanne Nordstrom | President | $0 | $0 | $0 |
| Peter Imle | Director | $0 | $0 | $0 |
Total Giving
$46K
Total Assets
$386K
Fair Market Value
$498K
Net Worth
$386K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$10K
Distribution Amount
$0
Total: $0
Total Grants
28
Total Giving
$150K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
21
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John DevriesCollege Education Scholarship | Shevlin, MN | $5K | 2023 |
| Jennifer LavinCollege Education Scholarship | Clearbrook, MN | $5K | 2023 |
| Kaylee WestrumCollege Education Scholarship | Clearbrook, MN | $5K | 2023 |
| Jayden BergersonCollege Education Scholarship | Gully, MN | $5K | 2023 |
| Dana MelbyCollege Education Scholarship | Gonvick, MN | $5K | 2023 |
HELENA, MT
WOBURN, MA
MOUNTAIN HOME, AR
JORDAN, MN
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Danielle FaldetCollege Education Scholarship | Clearbrook, MN | $5K | 2023 |
| Ella EngenCollege Education Scholarship | Clearbrook, MN | $5K | 2023 |
| Emily BergmanCollege Education Scholarship | Clearbrook, MN | $5K | 2023 |
| Jayna TronnesCollege Education Scholarship | Leonard, MN | $5K | 2023 |
| Kayla EhlersCollege Education Scholarship | Clearbrook, MN | $5K | 2022 |
| Falline EricksonCollege Education Scholarship | Gonvick, MN | $5K | 2022 |
| Chase VoxlandCollege Education Scholarship | Clearbrook, MN | $5K | 2022 |
| Chelsey GilbertsonCollege Education Scholarship | Puposky, MN | $5K | 2022 |
| Kaylee FaldetCollege Education Scholarship | Gonvick, MN | $5K | 2022 |
| Bailey KlemaCollege Education Scholarship | Gonvick, MN | $5K | 2022 |
| Sydney VakochCollege Education Scholarship | Gully, MN | $5K | 2022 |
| Hunter EhlersCollege Education Scholarship | Leonard, MN | $7K | 2020 |
| Abbigail MoyCollege Education Scholarship | Gonvick, MN | $7K | 2020 |
| Amara AllenCollege Education Scholarship | Leonard, MN | $7K | 2020 |
| Jacey TronnesCollege Education Scholarship | Leonard, MN | $7K | 2020 |
| Carlie BergersonCollege Education Scholarship | Gully, MN | $7K | 2020 |
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