//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Thoresen Foundation is a private trust based in CANTON, GA. The foundation received its IRS ruling in 1953. It holds total assets of $39.1M. Annual income is reported at $6.4M. The foundation is governed by 2 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 2024. The foundation primarily funds organizations in California, North Carolina and Arizona. According to available records, Thoresen Foundation has made 130 grants totaling $6.6M, with a median grant of $25K. Annual giving has grown from $745K in 2020 to $2.3M in 2023. Grantmaking activity was highest in 2022 with $2.8M distributed across 70 grants. Individual grants have ranged from $5K to $300K, with an average award of $51K. The foundation has supported 64 unique organizations. The foundation primarily supports organizations in California, North Carolina, Florida, which account for 72% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$105K
Average Grant
$115K
Largest Grant
$250K
Based on 6 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.
Thoresen Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 130 grants. Its grantmaking reaches organizations primarily in CA, NC, FL.
Thoresen Foundation has distributed a total of $6.6M across 130 grants. The median grant size is $25K, with an average of $51K. Individual grants have ranged from $5K to $300K.
Thoresen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thoresen Foundation is headquartered in CANTON, GA. While based in GA, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Thoresen | TRUSTEE | $120K | $0 | $120K |
| Paul O'Connell | TRUSTEE | $120K | $0 | $120K |
Total Giving
N/A
Total Assets
$39.1M
Fair Market Value
N/A
Net Worth
$39.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
130
Total Giving
$6.6M
Average Grant
$51K
Median Grant
$25K
Unique Recipients
64
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Youth CenterOperational Support | Concord, CA | $50K | 2023 |
| Catholic CharitiesCYO Aging Adult Services, CYO Athletics, CYO Camp & CYO Treasure Island Child Development | San Fransisco, CA | $300K | 2023 |
| ParcOperational Support and Endowment | Palo Alto, CA | $175K | 2023 |
| Dolphin Swimming And BoatingOperational Support | San Francisco, CA | $115K | 2023 |
| Lees Mcrae CollegeOperational Support | Banner Elk, NC | $105K | 2023 |
| Sacred Heart Cathedral PreparatoryOperational Support | San Francisco, CA | $100K | 2023 |
| Moffitt Cancer Center FoundationOperational Support | Tampa, FL | $100K | 2023 |
| San Francisco Italian Athletic ClubOperational Support | San Francisco, CA | $100K | 2023 |
| Appalachian Reg HealthcareOperational Support | Boone, NC | $100K | 2023 |
| Fire In The RingOperational Support | Brisbane, CA | $100K | 2023 |
| St Vincent De Paul SchoolOperational Support | Long Beach, MS | $100K | 2023 |
| Maryland (Mayland) Community CollegeOperational Support | Spruce Pine, NC | $80K | 2023 |
| Wildlife Restore FoundationOperational Support | Arlington, VA | $65K | 2023 |
| Market Street RailwayOperational Support | San Francisco, CA | $60K | 2023 |
| Williams YmcaOperational Support | Jacksonville, FL | $50K | 2023 |
| Habitat For HummanityOperational Support | Atlanta, GA | $50K | 2023 |
| Mountain Ambulance FoundationOperational Support | Banner Elk, NC | $50K | 2023 |
| Grandfather Mountain StewardshipOperational Support | Linville, NC | $50K | 2023 |
| Hillsdale CollegeOperational Support | Hillsdale, MI | $50K | 2023 |
| College Of The OzarksOperational Support | Point Lookout, MO | $50K | 2023 |
| Hebron Colony MinistriesOperational Support | Boone, NC | $45K | 2023 |
| The John Locke FoundationOperational Support | Raleigh, NC | $40K | 2023 |
| La Sallian Christian BrosOperational Support | Memphis, TN | $40K | 2023 |
| Ensemble StageOperational Support | Banner Elk, NC | $25K | 2023 |
| Salesian Boys And Girls ClubOperational Support | San Francisco, CA | $25K | 2023 |
| Ward Burton Wildlife FoundationOperational Support | Halifax, VA | $25K | 2023 |
| Florida Keys Children ShelterOperational Support | Tavernier, FL | $25K | 2023 |
| Pheasants And Quail ForeverOperational Support | St Paul, MN | $25K | 2023 |
| Warriors JourneyOperational Support | Springfield, MO | $25K | 2023 |
| Nevada Northern Railway FoundationOperational Support | Ely, NV | $23K | 2023 |
| Environmental AllianceOperational Support | Denver, CO | $20K | 2023 |
| California Hawaii Elks AssociationOperational Support | Fresno, CA | $20K | 2023 |
| The GuardsmenOperational Support | San Francisco, CA | $20K | 2023 |
| Feeding Avery FamiliesOperational Support | Banner Elk, NC | $20K | 2023 |
| North Bay Childrens CenterOperational Support | Novato, CA | $15K | 2023 |
| Mojave Desert And HeritageOperational Support | Essex, CA | $15K | 2023 |
| Museo Italo AmericanoOperational Support | San Francisco, CA | $15K | 2023 |
| Buckelew FoundationOperational Support | Toms River, NJ | $10K | 2023 |
| Capital Resource CenterOperational Support | Washington, DC | $10K | 2023 |
| High Fives FoundationOperational Support | Truckee, CA | $10K | 2023 |
| Beech Mountain Historical SocietyOperational Support | Beech Mountain, NC | $5K | 2023 |
| Appalachian State University FoundationOperational Support | Boone, NC | $5K | 2023 |
| San Diego Model RailroadOperational Support | San Diego, CA | $5K | 2023 |
| Daniel Boone CouncilOperational Support | Asheville, NC | $5K | 2023 |
| Italian Athletic Club FoundationOPERATIONAL SUPPORT | San Francisco, CA | $105K | 2022 |