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Filing year 2024

TOMSON FAMILY FOUNDATION TRUST

Mason City, Iowa·EIN 35-6947483·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$460k
Total assets
$12.6M
Total expenses
$1.2M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. TOMSON FAMILY FOUNDATION TRUST reported 2 unpaid officers and board members on its 990-PF.

President/secretary
Vice President

Grants paid

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

Total granted

$1.2M

Itemized grants

77

Median grant

$5k

RecipientLocationPurposeAmount
UNIVERSITY OF NORTHERN IOWA FOUNDATIONCEDAR FALLS, IACENTER FOR VIOLENCE PREVENTION$250k
NORWEGIAN AMERICAN HISTORICAL SOCIETYNORTHFIELD, MNGENERAL SUPPORT$100k
WALDORF LUTHERAN COLLEGEFOREST CITY, IAGENERAL SUPPORT, BUILDING A PERMANENT ENDOWMENT FOR WALDORF$100k
43 NORTH IOWAMASON CITY, IAGENERAL SUPPORT$50k
CLEAR LAKE CLASSICALCLEAR LAKE, IABUILDING ACQUISITION$50k
ELCA WORLD HUNGERMERRIFIELD, VAWORLD HUNGER$50k
MASON CITY YMCA & REHABILITATION CENTERMASON CITY, IAGENERAL SUPPORT$50k
VESTERHEIM NORWEIGAN-AMERICAN MUSEUMDECORAH, IAVESTERHEIM COMMONS PROJECT MATCHING PLEDGE$50k
CEDAR SUMMERSTOCK THEATRESAINT ANSGAR, IAGENERAL SUPPORT$27k
MASON CITY FOUNDATIONMUSIC MAN SQUAREMASON CITY, IAGENERAL SUPPORT$26k
WARTBURG COLLEGEWAVERLY, IAGENERAL SUPPORT, SOCIAL WORK DEPARTMENT$26k
LUTHER SEMINARYST PAUL, MNMAGELSSEN ENDOWED SCHOLARSHIP$25k
NORTHEASTERN IOWA SYNODWAVERLY, IAGENERAL SUPPORT$25k
ST OLAF COLLEGENORTHFIELD, MNST. OLAF CHOIR BROADCASE OF CHRISTMAS CONCERT$25k
NORTHERN LIGHTS ALLIANCE FOR THE HOMELESSMASON CITY, IAGENERAL SUPPORT$23k
TRINITY LUTHERAN CHURCHMASON CITY, IASEMINARY FUND, BIBLE CAMP, OPERATING COSTS$18k
HABITAT FOR HUMANITY OF NORTH CENTRAL IOWAMASON CITY, IAGENERAL SUPPORT$16k
RIVER CITY SCULPTURES ON PARADE INCMASON CITY, IAGENERAL SUPPORT$15k
THE ARTISANS VILLAGEEATONTON, GAGENERAL SUPPORT$15k
NIACC FOUNDATIONMASON CITY, IALIFELONG LEARNING INSTITUTE$13k
AMERICAN PASSENGER TRAIN HISTORY MUSEUMCHARLES CITY, IAGENERAL SUPPORT$10k
FREEDOM INN HIS GRACEMASON CITY, IAGENERAL SUPPORT$10k
LUTHERAN SOCIAL SERVICESDES MOINES, IAGENERAL OPERATING$10k
NEWMAN SCHOOL FOUNDATIONMASON CITY, IAGENERAL SUPPORT, PETER E GRIBBEN MEMORIAL$10k
TLC THE LEARNING CENTERCHARLES CITY, IAGENERAL OPERATING$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

TOMSON FAMILY FOUNDATION TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$952k
2023
$460k
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

TOMSON FAMILY FOUNDATION TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about TOMSON FAMILY FOUNDATION TRUST

What are TOMSON FAMILY FOUNDATION TRUST's revenue and expenses?

In 2024, TOMSON FAMILY FOUNDATION TRUST reported $460k 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.