SAN MARINO, CA

Thornton Foundation Delaware

Quick Facts

EIN: 844212818
Location: SAN MARINO, CA
Phone: (626) 795-8604
Category: Philanthropy & Grantmaking
Total Assets: $92.3M
Annual Income: $68M
IRS Ruling Year: 2020
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Thornton Foundation Delaware is a private corporation based in SAN MARINO, CA. The foundation received its IRS ruling in 2020. It holds total assets of $92.3M. Annual income is reported at $68M. NONE-ALL FUNDS TO BE EXPENDED AS CONTRIBUTIONS TO OTHER CHARITIES. According to available records, Thornton Foundation Delaware has made 3 grants totaling $11.1M, with a median grant of $3.8M. Annual giving has decreased from $7.5M in 2022 to $3.6M in 2023. Individual grants have ranged from $3.6M to $3.8M, with an average award of $3.7M. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

NONE-ALL FUNDS TO BE EXPENDED AS CONTRIBUTIONS TO OTHER CHARITIES

Frequently Asked Questions

What does Thornton Foundation Delaware fund?

NONE-ALL FUNDS TO BE EXPENDED AS CONTRIBUTIONS TO OTHER CHARITIES. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.

How much does Thornton Foundation Delaware give in grants?

Thornton Foundation Delaware has distributed a total of $11.1M across 3 grants. The median grant size is $3.8M, with an average of $3.7M. Individual grants have ranged from $3.6M to $3.8M.

How do I apply for a grant from Thornton Foundation Delaware?

Thornton Foundation Delaware typically selects its grantees rather than accepting unsolicited proposals.

Where is Thornton Foundation Delaware located?

Thornton Foundation Delaware is headquartered in SAN MARINO, CA.

Key People & Compensation (2022)

Name	Title	Compensation	Benefits	Total
Geneva H Thornton	SECRETARY	$0	$0	$0
Robert L Zuber	CFO	$0	$0	$0
Bette P Cook	SECRETARY	$0	$0	$0
Charles B Thornton	PRESIDENT	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$3.7M

2023-8%

Total Assets

$63.2M

2023-2%

Fair Market Value

$88.6M

2023

Net Worth

$63.2M

2023

Grants Paid

$3.6M

2023

Contributions

2023

Net Investment Income

$2.2M

2023

Distribution Amount

$3.6M

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $44.9M

Corporate Stock (71%)

Other Investments (13%)

Cash (16%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $1.7M
Interest: $577K
Other Income: $-13,303
Capital Gains (Net): $-1,641,824

Financial Details (2023)

Total Revenue: $633K
Total Expenses: $3.7M
Exempt Purpose Expenses: $3.6M
Required Distribution: $3.6M
Undistributed Income: $3.6M
Total Liabilities: $1
Excise Tax: $30K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$11.1M

Average Grant

$3.7M

Median Grant

$3.8M

Unique Recipients

Most Common Grant

$3.8M

Grant Disbursements by Year

Grant Range

Min$3.6M

Max$3.8M

Median: $3.8M

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

CA$11.1M (3)

Past Grantees

Recipient	Location	Amount	Year
Detailed Information Available Upon RequestPUBLIC CHARITIES	San Marino, CA	$3.6M	2023

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