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Filing year 2024

THE THOMAS FOUNDATION

West Bloomfield, Michigan·EIN 38-2510591·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$389k
Total assets
$2.9M
Total expenses
$313k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Director
Unclassified
$52k
$55k
Director
Unclassified
$52k
$55k
Director
Unclassified
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE THOMAS FOUNDATION equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
17%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$180k

Itemized grants

12

Median grant

$8k

RecipientLocationPurposeAmount
BREAKTHROUGH T1DNEW YORK, NYSCIENTIFIC$82k
WAYNE STATE UNIVERSITY SCHOOL OF MEDICINEDETROIT, MISCIENTIFIC$30k
BOLDLIDETROIT, MIMEDICAL$12k
FORGOTTEN HARVESTOAK PARK, MISOCIAL$10k
HIGHER HOPESCOMMERCE TOWNSHIP, MISOCIAL$10k
HORIZONS UPWARD BOUNDBLOOMFIELD HILLS, MIEDUCATION$8k
UNITED NEGRO COLLEGE FUNDSOUTHFIELD, MIEDUCATION$8k
YAD EZRABERKLEY, MISOCIAL$8k
GLEANERS COMMUNITY FOOD BANKDETROIT, MISOCIAL$6k
SPECIAL OLYMPICS MICHIGANBLOOMFIELD, MISOCIAL$3k
ST VINCENT & SARAH FISHER CENTERDETROIT, MISOCIAL$3k
MICHIGAN AVIATION EDUCATIN FOUNDATIST CLAIR SHORES, MIEDUCATION$1k
Compare this foundation's grantees

Held steady
from 2023

From $52k in 2023 to $52k in 2024.

$52k
2023
$52k
2024
In today's dollarsEst.
Down 3% in real terms$57k to $55k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE THOMAS FOUNDATION

What are THE THOMAS FOUNDATION's revenue and expenses?

In 2024, THE THOMAS FOUNDATION reported $389k in total revenue and $313k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.