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Nonprofit · EIN 05-6012968

THOMPSON SCHOLARSHIP FUND

Tax-exempt · NEWPORT, RI 02840

Financials

$73K$150K2023$66K$137K2024$135K$135K2025
Revenue Expenses · by fiscal year end
Financials of THOMPSON SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$135,479$135,366$113$1,714,989$0$1,714,989
December 31, 2024990-PF$65,910$136,612-$70,702$1,714,876$0$1,714,876
December 31, 2023990-PF$73,286$149,820-$76,534$1,785,578$0$1,785,578
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$83,019
Net gain from sales of assets
$52,460

Expenses

Grants and similar amounts paid
$101,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$101,500
Excise tax on investment income
$1,515

Balance sheet and other

Total assets, start of year
$1,714,876
Total assets, end of year
$1,714,989
Total liabilities, end of year
$0
Net assets, end of year
$1,714,989
Fair market value of assets
$2,487,704
Qualifying distributions
$101,500
Net investment income
$135,479

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH PRATT
95 CHURCH ST, NEWPORT, RI 02840
TRUSTEE1$0
KATHLEEN MCGRATH
449 WOLCOTT AVE, MIDDLETOWN, RI 02842
TRUSTEE1$0
MIRIAM E SMITH
126 RUGGLES AVE, NEWPORT, RI 02840
TRUSTEE1$0
DAVID GALVIN
9 BINNEY ST, NEWPORT, RI 02840
TRUSTEE1$0
MATTHEW LEYS
43-B MEMORIAL BLVD, NEWPORT, RI 02840
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JOSEPH PRATT
95 CHURCH ST, NEWPORT, RI 02840
TRUSTEE1$0
KATHLEEN MCGRATH
449 WOLCOTT AVE, MIDDLETOWN, RI 02842
TRUSTEE1$0
MIRIAM E SMITH
126 RUGGLES AVE, NEWPORT, RI 02840
TRUSTEE1$0
DAVID GALVIN
9 BINNEY ST, NEWPORT, RI 02840
TRUSTEE1$0
MATTHEW LEYS
43-B MEMORIAL BLVD, NEWPORT, RI 02840
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOSEPH PRATT
95 CHURCH ST, NEWPORT, RI 02840
TRUSTEE1$0
KATHLEEN MCGRATH
449 WOLCOTT AVE, MIDDLETOWN, RI 02842
TRUSTEE1$0
MIRIAM E SMITH
126 RUGGLES AVE, NEWPORT, RI 02840
TRUSTEE1$0
DAVID GALVIN
9 BINNEY ST, NEWPORT, RI 02840
TRUSTEE1$0
MATTHEW LEYS
43-B MEMORIAL BLVD, NEWPORT, RI 02840
TRUSTEE1$0

Address and contacts

Address (IRS master file)
9 BINNEY ST, NEWPORT, RI 02840-4303
In care of
% WILLIAM CORCORAN
Signed the 990-PF
DAVID GALVIN, TRUSTEE
Phone
(401) 847-0872
Return prepared by
SKUNCIK & ASSOCIATES LTD

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
05-6012968
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1991
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,714,989
Income (IRS master file)
$510,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$135,479$135,366$1,714,989IRS
990-PFDecember 2024$65,910$136,612$1,714,876IRS
990-PFDecember 2023$73,286$149,820$1,785,578XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-6012968).

Questions about THOMPSON SCHOLARSHIP FUND

What is the EIN of THOMPSON SCHOLARSHIP FUND?
The employer identification number (EIN) of THOMPSON SCHOLARSHIP FUND is 05-6012968.
Is THOMPSON SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to THOMPSON SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THOMPSON SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of THOMPSON SCHOLARSHIP FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THOMPSON SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THOMPSON SCHOLARSHIP FUND?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does THOMPSON SCHOLARSHIP FUND have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $135,479, expenses of $135,366 and total assets of $1,714,989 at year end.

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