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Also known as: FOUNDATION INC
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Thorntown Businessmens Educational Foundation Inc. is a private corporation based in THORNTOWN, IN. The foundation received its IRS ruling in 1996. It holds total assets of $327K. Annual income is reported at $69K. Total assets have grown from $257K in 2011 to $336K in 2023. The foundation is governed by 3 officers and trustees. Scholarship grants - 5 recipients during 2022. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Indiana. According to available records, Thorntown Businessmens Educational Foundation Inc. has made 20 grants totaling $75K, with a median grant of $3K. The foundation has distributed between $20K and $34K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $34K distributed across 10 grants. Individual grants have ranged from $1K to $7K, with an average award of $4K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$7K
Average Grant
$7K
Largest Grant
$7K
Based on 3 grants from the most recent 990-PF filing.
Scholarship grants - 3 recipients during 2020
Scholarship grants - 5 recipients during 2022. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IN.
Thorntown Businessmens Educational Foundation Inc. has distributed a total of $75K across 20 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $7K.
The application deadline is MARCH 15TH. Western boone high school; industrial field.
Thorntown Businessmens Educational Foundation Inc. is headquartered in THORNTOWN, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Debbie Crum | PRESIDENT | $0 | $0 | N/A |
| Angie Moody | VICE PRESIDE | $0 | $0 | N/A |
| John Randel | TREASURER | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$336K
Fair Market Value
N/A
Net Worth
$336K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$13K
Total: N/A
Total Grants
20
Total Giving
$75K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
15
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nicholas CollinsSCOLARSHIP | Thorntown, IN | $4K | 2023 |
| Makenzie HiestonSCHOLARSHIP | Jamestown, IN | $4K | 2023 |
| Perrin EmbertonSCHOLARSHIP | Lebanon, IN | $4K | 2023 |
| Damian StoutSCHOLARSHIP | Colfax, IN | $3K | 2023 |
| Luke WhiteleySCHOLARSHIP | Thorntown, IN | $3K | 2023 |
| Aizlinn BaxterSCHOLARSHIP | Thorntown, IN | $1K | 2023 |
| Thomas HaramSCHOLARSHIP | Thorntown, IN | $1K | 2023 |
| Thomas WardSCHOLARSHIP | Thorntown, IN | $5K | 2022 |
| Luci NicelySCHOLARSHIP | Thorntown, IN | $3K | 2022 |
| Grace GrahamSCOLARSHIP | Crawfordsville, IN | $3K | 2022 |
| Alexandra HiestonSCHOLARSHIP | New Ross, IN | $3K | 2022 |
| Trinity EwbankSCHOLARSHIP | Lebanon, IN | $3K | 2022 |
| Andrew HendricksSCHOLARSHIP | Lebanon, IN | $7K | 2021 |
| Katelyn JohnSCHOLARSHIP | Thorntown, IN | $7K | 2021 |
| Clayton HysongSCHOLARSHIP | Jamestown, IN | $7K | 2021 |