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Tomson Fam Foundation Trust is a private trust based in MASON CITY, IA. The foundation received its IRS ruling in 2014. The principal officer is Belin Mccormick. It holds total assets of $12.6M. Annual income is reported at $1.6M. Total assets have grown from $4.6M in 2013 to $13.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Iowa, Minnesota and Georgia. According to available records, Tomson Fam Foundation Trust has made 267 grants totaling $4.1M, with a median grant of $3K. The foundation has distributed between $916K and $2.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 142 grants. Individual grants have ranged from $500 to $500K, with an average award of $15K. The foundation has supported 98 unique organizations. The foundation primarily supports organizations in Iowa, Minnesota, Virginia, which account for 86% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$8K
Average Grant
$21K
Largest Grant
$125K
Based on 36 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.
Tomson Fam Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 267 grants. Its grantmaking reaches organizations primarily in IA, MN, VA.
Tomson Fam Foundation Trust has distributed a total of $4.1M across 267 grants. The median grant size is $3K, with an average of $15K. Individual grants have ranged from $500 to $500K.
The requests must be exclusively for educational, scientific, and charitable purposes within the meaning of section 501(c)(3) of the code.
Tomson Fam Foundation Trust is headquartered in MASON CITY, IA. While based in IA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| O Jay Tomson | PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Patricia A Tomson | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$952K
Total Assets
$13.4M
Fair Market Value
$23.7M
Net Worth
$13.4M
Grants Paid
$916K
Contributions
N/A
Net Investment Income
$1M
Distribution Amount
$1.1M
Total: $12.1M
Total Grants
267
Total Giving
$4.1M
Average Grant
$15K
Median Grant
$3K
Unique Recipients
98
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity Lutheran ChurchSEMINARY FUND | Mason City, IA | $15K | 2023 |
| Iowa Specialty Hospital Foundation ClarionGENERAL SUPPORT, IOWA SPECIALTY HOSPITALS AND CLINICS | Clarion, IA | $5K | 2023 |
| Trinity United Methodist ChurchATTRIBUTE TO OUR BROTHER'S KEEPER | Charles City, IA | $1K | 2023 |
| University Of Northern Iowa FoundationCENTER FOR VIOLENCE PREVENTION | Cedar Falls, IA | $400K | 2023 |
| Clear Lake ClassicalBUILDING ACQUISITION | Clear Lake, IA | $50K | 2023 |
| Mason City Ymca & Rehabilitation CenterGENERAL SUPPORT | Mason City, IA | $50K | 2023 |
| Elca World HungerWORLD HUNGER | Merrifield, VA | $50K | 2023 |
| Norwegian American Historical SocietyGENERAL SUPPORT | Northfield, MN | $25K | 2023 |
| Waldorf Lutheran CollegeGENERAL SUPPORT, BUILDING A PERMANENT ENDOWMENT FOR WALDORF | Forest City, IA | $25K | 2023 |
| St Olaf CollegeST. OLAF CHOIR BROADCASE OF CHRISTMAS CONCERT | Northfield, MN | $25K | 2023 |
| Luther CollegeTOMSON FAMILY ENDOWED CHAIR IN NORWEIGAN LANGUAGE & MODERN NORDIC CULTURE, SCHOLARSHIPS | Decorah, IA | $25K | 2023 |
| Wartburg CollegeGENERAL SUPPORT, SOCIAL WORK DEPARTMENT | Waverly, IA | $20K | 2023 |
| New Beginnings House Of HopeGENERAL SUPPORT | Mason City, IA | $16K | 2023 |
| Niacc FoundationLIFELONG LEARNING INSTITUTE | Mason City, IA | $13K | 2023 |
| Midland UniversityGENERAL SUPPORT | Fremont, NE | $10K | 2023 |
| Mason City Foundationmusic Man SquareGENERAL SUPPORT | Mason City, IA | $10K | 2023 |
| ArtigrasANNUAL FUNDRAISING EVENT FOR THE ARTS | Eatonton, GA | $10K | 2023 |
| American Passenger Train History MuseumGENERAL SUPPORT | Charles City, IA | $10K | 2023 |
| Yss Francis LauerBUILDING HOPE, OPERATING | Mason City, IA | $10K | 2023 |
| Vesterheim Norweigan-American MuseumVESTERHEIM COMMONS PROJECT MATCHING PLEDGE | Decorah, IA | $10K | 2023 |
| Northeastern Iowa SynodGENERAL SUPPORT | Waverly, IA | $10K | 2023 |
| Luther SeminaryMAGELSSEN ENDOWED SCHOLARSHIP | St Paul, MN | $10K | 2023 |
| Newman School FoundationGENERAL SUPPORT, PETER E GRIBBEN MEMORIAL | Mason City, IA | $7K | 2023 |
| Habitat For Humanity Of North Central IowaGENERAL SUPPORT | Mason City, IA | $6K | 2023 |
| Stebens Chidren'S TheatreGENERAL OPERATING | Mason City, IA | $6K | 2023 |
| Lake Oconee Food & Wine FestivalANNUAL FUNDRAISER FOR LOCAL YOUTH PROGRAMS | Eatonton, GA | $6K | 2023 |
| Cedar Valley Seminary FoundationOPERATING EXPENSES | Osage, IA | $5K | 2023 |
| Lutheran Social ServicesGENERAL OPERATING | Des Moines, IA | $5K | 2023 |
| Tlc The Learning CenterGENERAL OPERATING | Charles City, IA | $5K | 2023 |
| Winnebago Council Boy Scouts Of AmericaYOUTH DEVELOPMENT ACTIVITIES IN CERRO GORDO COUNTY | Waterloo, IA | $5K | 2023 |
| Youth For ChristGENERAL SUPPORT | Mason City, IA | $5K | 2023 |
| Oconee Performing Arts SocietyOPERATIONS, PERFORMANCES, AND YOUTH SCHOLARSHIPS | Greensboro, GA | $5K | 2023 |
| Charles City Family YmcaGENERAL SUPPORT | Charles City, IA | $5K | 2023 |
| The Artisans VillageGENERAL SUPPORT | Eatonton, GA | $4K | 2023 |
| Georgia Writers MuseumANNUAL OPERATING | Eatonton, GA | $4K | 2023 |
| Hawkeye Harvest Food BankGENERAL SUPPORT | Mason City, IA | $3K | 2023 |
| Mora Dollars For ScholarsGENERAL SUPPORT | Mora, MN | $3K | 2023 |
| Cedar Summerstock TheatreGENERAL SUPPORT | Saint Ansgar, IA | $3K | 2023 |
| Messiah Food PantryGENERAL OPERATING | Charles City, IA | $3K | 2023 |
| Friends Of The 457MASON CITY CANNONBALL DAY | Mason City, IA | $3K | 2023 |
| Community Kitchen - North IowaGENERAL SUPPORT | Mason City, IA | $2K | 2023 |
| Una Vocis Choral EnsembleGENERAL SUPPORT | Mason City, IA | $2K | 2023 |
| National 19th Amendement SocietyGENERAL SUPPORT | Charles City, IA | $2K | 2023 |
| Masonic Temple - Harding Lodge ScholarshipHARDING LODGE SCHOALRSHIP | Mason City, IA | $2K | 2023 |
| Mora Food PantryGENERAL SUPPORT | Mora, MN | $2K | 2023 |
| Mason City Police DepartmentGENERAL SUPPORT | Mason City, IA | $2K | 2023 |
| Friends Of Iowa Casa & IcfcrbGENERAL SUPPORT | Des Moines, IA | $2K | 2023 |
| North Iowa Community Action OrganizationGENERAL SUPPORT | Mason City, IA | $1K | 2023 |
| The Plaza Old School History MuseumGENERAL SUPPORT | Eatonton, GA | $1K | 2023 |
| Floyd County Historical SocietyGENERAL SUPPORT | Charles City, IA | $1K | 2023 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA