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W B & Candace Thoman Foundation is a private corporation based in LANSING, MI. The foundation received its IRS ruling in 1968. The principal officer is % Benjamin O Schwendener Jr. It holds total assets of $2.1M. Annual income is reported at $706K. According to available records, W B & Candace Thoman Foundation has made 41 grants totaling $464K, with a median grant of $15K. Annual giving has decreased from $56K in 2020 to $35K in 2023. Grantmaking activity was highest in 2022 with $263K distributed across 20 grants. Individual grants have ranged from $1K to $24K, with an average award of $12K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
W B & Candace Thoman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in MI.
W B & Candace Thoman Foundation has distributed a total of $464K across 41 grants. The median grant size is $15K, with an average of $12K. Individual grants have ranged from $1K to $24K.
The application deadline is See attached guidelines. See attached guidelines.
W B & Candace Thoman Foundation is headquartered in LANSING, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven L Lonzo | Trustee | $0 | $0 | $0 |
| Claudia Remenar | Treasurer | $0 | $0 | $0 |
| Helen Pratt Mickens | Secretary | $0 | $0 | $0 |
| Frederick M Baker Jr | President | $0 | $0 | $0 |
| Rita Proctor Canady | Trustee | $0 | $0 | $0 |
Total Giving
$74K
Total Assets
$2.2M
Fair Market Value
$2.7M
Net Worth
$2.2M
Grants Paid
$35K
Contributions
$0
Net Investment Income
$69K
Distribution Amount
$128K
Total: $2.1M
Total Grants
41
Total Giving
$464K
Average Grant
$12K
Median Grant
$15K
Unique Recipients
12
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersCreate 10 New Matches, Support new and existing matches. | Lansing, MI | $15K | 2022 |
| Mikey 23 Foundation IncYouth in Training Program, 28 Students | Lansing, MI | $16K | 2023 |
| Impression 5 Museum$10,000 Admission for Lansing STEM/STEAM and Big Science Lesson, $3,000 Membership and L.A.B.S. Scholarships for Thoman Scholars, and $2,000 Programs, Meetings, and Materials for Thoman Scholars and Youth Action Council | Lansing, MI | $15K | 2023 |
| Everett High SchoolTheater Department - Three Programs | Lansing, MI | $4K | 2023 |
| Capital Area Literacy CoalitionRead to Succeed Program |
| Lansing, MI |
| $24K |
| 2022 |
| Boys Girls Club Of LansingProject Learn 2.0, 100 Boys and Girls | Lansing, MI | $20K | 2022 |
| HappendanceArts and Education Programming | Okemos, MI | $13K | 2022 |
| Highfields IncContinuation of Creative Arts Program with Sarah Gothard at REACH Studio Art Center | Onondaga, MI | $8K | 2022 |
| Reading Is Fundamental Lansing RifStocking Stuffer for $3k | Lansing, MI | $3K | 2022 |
| Ilhan Bashir MohamudScholarship | Lansing, MI | $1K | 2022 |
| Ingham Intermediate School DistrictMath Scholar's University Kids' College 2021 Summer Program Support | Mason, MI | $3K | 2021 |
| Wai-Iam Inc Rise Recovery CommunitySupport for Substance Abuse Recovery Program | Lansing, MI | $1K | 2021 |
| Dwight Rich School Of ArtsRefund of Arts Program and Joint Pathway Collaboration | Lansing, MI | $-11,501 | 2021 |
| Lansing School DistrictRefund of prior year support for INSIGHTS Elementary Talent Development Program | Lansing, MI | $-3,754 | 2020 |
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