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Filing year 2023

THURSTON FOUNDATION

Carmel, Indiana·EIN 35-1754670·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$151k
Total assets
$17.1M
Total expenses
$1.2M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

President
Board President
25th percentile to median
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THURSTON FOUNDATION equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.9%
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 2023 Form 990-PF, Part XV.

Total granted

$912k

Itemized grants

27

Median grant

$20k

RecipientLocationPurposeAmount
THE OAKS ACADEMYINDIANAPOLIS, INEDUCATION$160k
GLEANERSINDIANAPOLIS, INHUNGER RELIEF PROGRAMS$100k
DOVE RECOVERY HOUSEINDIANAPOLIS, INADDICTION RECOVERY$75k
SERVANTS AT WORKINDIANAPOLIS, INGENERAL SUPPORT$75k
FAY BICCARD GLICK NEIGHBORHOOD CENTERINDIANAPOLIS, INF.A.S.T. PROGRAM$50k
OUTREACHINDIANAPOLIS, INYOUTH HOMELESS PROGRAMMING$50k
FAMILY PROMISEINDIANAPOLIS, INHOMELESS PROGRAMS$45k
GENNESARET FREE CLINICSINDIANAPOLIS, INMEDICAL CARE$40k
SHEPHERD COMMUNITY CENTERINDIANAPOLIS, INEDUCATION$40k
CHILD ADVOCATESINDIANAPOLIS, INYOUTH PROGRAMING$30k
INSTITUTE FOR SHELTER CARELA GRANGE, KYGENERAL SUPPORT$30k
SECOND HELPINGSINDIANAPOLIS, INHUNGER RELIEF PROGRAMS$25k
CONCERTS FOR A CAUSECARMEL, INYOUTH PROGRAMING$20k
DREAM ALIVEINDIANAPOLIS, INYOUTH PROGRAMING$20k
GOODWILL FOUNDATION OF CENTRAL AND SOUTHERN INDIANAINDIANAPOLIS, INLIFE COACHES$20k
UMOJA PARTNERSHIPINDIANAPOLIS, INEDUCATION$20k
GREATER INDY HABITAT FOR HUMANITYINDIANAPOLIS, INLOW INCOME HOUSING$15k
HOPE ACADEMYINDIANAPOLIS, INEDUCATION AND ADDICTION RECOVERY$15k
SEEDS OF CARINGCOLUMBUS, OHYOUTH PROGRAMING$15k
WESTMINSTER NEIGHBORHOOD SERVICESINDIANAPOLIS, INGENERAL SUPPORT$15k
GIGI'S PLAYHOUSEINDIANAPOLIS, INSPECIAL NEEDS PROGRAMMING$10k
INDIANAPOLIS SYMPHONY ORCHESTRAINDIANAPOLIS, INYOUTH PROGRAMING$10k
KIJANANORTH PALM BEACH, FLEDUCATION$10k
PACEINDIANAPOLIS, INRE-ENTRY PROGRAMMING$10k
TRINITY HAVENINDIANAPOLIS, INHOMELESS PROGRAMS$10k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 THURSTON FOUNDATION

What does the Board President of THURSTON FOUNDATION earn?

In 2023, the Board President of THURSTON FOUNDATION received $10,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THURSTON FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Board President at THURSTON FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at THURSTON FOUNDATION equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THURSTON FOUNDATION's revenue and expenses?

In 2023, THURSTON FOUNDATION reported $151k in total revenue and $1.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.