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Nonprofit · EIN 39-1869184

THORNE FAMILY FOUNDATION

Also known as THORNE GERALD M TTEE

Tax-exempt · WILMETTE, IL 60091

Financials

$165K$51K2023$28K$56K2024$36K$71K2025
Revenue Expenses · by fiscal year end
Financials of THORNE FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$36,207$71,009-$34,802$1,053,836$0$1,053,836
December 31, 2024990-PF$27,860$56,434-$28,574$1,089,357$719$1,088,638
December 31, 2023990-PF$164,609$51,228$113,381$1,117,212$0$1,117,212
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$32,172
Net gain from sales of assets
$3,983
Other income
$52

Expenses

Grants and similar amounts paid
$68,050
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$69,516
Excise tax on investment income
$482

Balance sheet and other

Total assets, start of year
$1,089,357
Total assets, end of year
$1,053,836
Total liabilities, end of year
$0
Net assets, end of year
$1,053,836
Fair market value of assets
$1,342,843
Qualifying distributions
$69,516
Net investment income
$36,155

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
NORRITA O THORNE
364 PHILIP DRIVE, KOHLER, WI 53044
TRUSTEE1$0
JEFFREY L THORNE
233 WOODHAVEN RD, CHAPEL HILL, NC 27514
TRUSTEE1$0
MICHELE H THORNE
1215 CLEVELAND, WILMETTE, IL 60091
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
GERALD M THORNE
364 PHILIP DRIVE, KOHLER, WI 53044
TRUSTEE1$0
NORRITA O THORNE
364 PHILIP DRIVE, KOHLER, WI 53044
TRUSTEE1$0
JEFFREY L THORNE
233 WOODHAVEN RD, CHAPEL HILL, NC 27514
TRUSTEE1$0
MICHELE H THORNE
1215 CLEVELAND, WILMETTE, IL 60091
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
GERALD M THORNE
364 PHILIP DRIVE, KOHLER, WI 53044
TRUSTEE1$0
NORRITA O THORNE
364 PHILIP DRIVE, KOHLER, WI 53044
TRUSTEE1$0
JEFFREY L THORNE
233 WOODHAVEN RD, CHAPEL HILL, NC 27514
TRUSTEE1$0
MICHELE H THORNE
1215 CLEVELAND, WILMETTE, IL 60091
TRUSTEE1$0

Address and contacts

Address (IRS master file)
1215 CLEVELAND ST, WILMETTE, IL 60091-1324
Signed the 990-PF
MICHELE THORNE, TRUSTEE
Phone
(847) 845-5520
Return prepared by
CLIFTONLARSONALLEN LLP

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
39-1869184
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
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,053,836
Income (IRS master file)
$155,130

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$36,207$71,009$1,053,836XML
990-PFDecember 2024$27,860$56,434$1,089,357XML
990-PFDecember 2023$164,609$51,228$1,117,212XML
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 39-1869184).

Questions about THORNE FAMILY FOUNDATION

What is the EIN of THORNE FAMILY FOUNDATION?
The employer identification number (EIN) of THORNE FAMILY FOUNDATION is 39-1869184.
Is THORNE FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to THORNE FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THORNE FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THORNE FAMILY FOUNDATION 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 THORNE FAMILY FOUNDATION 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 THORNE FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THORNE FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $36,207, expenses of $71,009 and total assets of $1,053,836 at year end.

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