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Nonprofit · EIN 20-1660400

THE LANEY AND PASHA THORNTON FOUNDATION

Tax-exempt · SAN FRANCISCO, CA 94111

Financials

$260K$361K2023$533K$224K2024
Revenue Expenses · by fiscal year end
Financials of THE LANEY AND PASHA THORNTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$533,210$223,586$309,624$8,549,341$0$8,549,341
December 31, 2023990-PF$259,960$360,864-$100,904$8,089,765$0$8,089,765
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$111,155
Interest
$16,840
Net gain from sales of assets
$389,825
Other income
$15,390

Expenses

Grants and similar amounts paid
$72,000
Compensation of officers, directors and key employees
$28,429
Disbursements for charitable purposes
$123,681
Excise tax on investment income
$6,114

Balance sheet and other

Total assets, start of year
$8,089,765
Total assets, end of year
$8,549,341
Total liabilities, end of year
$0
Net assets, end of year
$8,549,341
Fair market value of assets
$8,549,341
Qualifying distributions
$173,681
Net investment income
$528,614

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
RUSSELL HAMILTON
633 BATTERY STREET SUITE 100, SAN FRANCISCO, CA 94111
EXECUTIVE DIRECTOR30$28,249
W LANEY THORNTON
633 BATTERY STREET SUITE 100, SAN FRANCISCO, CA 94111
PRESIDENT/DIRECTOR5$0
PASHA D THORNTON
633 BATTERY STREET SUITE 100, SAN FRANCISCO, CA 94111
SECRETARY/TREASURER5$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RUSSELL HAMILTON
633 BATTERY STREET SUITE 100, SAN FRANCISCO, CA 94111
EXECUTIVE DIRECTOR30$26,800
W LANEY THORNTON
633 BATTERY STREET SUITE 100, SAN FRANCISCO, CA 94111
PRESIDENT/DIRECTOR5$0
PASHA D THORNTON
633 BATTERY STREET SUITE 100, SAN FRANCISCO, CA 94111
SECRETARY/TREASURER5$0

Address and contacts

Address (IRS master file)
633 BATTERY ST STE 100, SAN FRANCISCO, CA 94111-1812
In care of
% WILLIAM LANEY THORNTON
Signed the 990-PF
LANEY THORNTON, PRESIDENT
Phone
(415) 351-2893
Return prepared by
PWC US TAX LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 20-1660400 or by the name THE LANEY AND PASHA THORNTON FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-1660400
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
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$8,549,341
Income (IRS master file)
$1,899,787

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$533,210$223,586$8,549,341XML
990-PFDecember 2023$259,960$360,864$8,089,765XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 20-1660400).

Questions about THE LANEY AND PASHA THORNTON FOUNDATION

What is the EIN of THE LANEY AND PASHA THORNTON FOUNDATION?
The employer identification number (EIN) of THE LANEY AND PASHA THORNTON FOUNDATION is 20-1660400.
Is THE LANEY AND PASHA THORNTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to THE LANEY AND PASHA THORNTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE LANEY AND PASHA THORNTON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE LANEY AND PASHA THORNTON FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE LANEY AND PASHA THORNTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE LANEY AND PASHA THORNTON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $28,249 (RUSSELL HAMILTON, EXECUTIVE DIRECTOR).
How much revenue does THE LANEY AND PASHA THORNTON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $533,210, expenses of $223,586 and total assets of $8,549,341 at year end.

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