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Nonprofit · EIN 43-1525102

GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION

Tax-exempt · LOVELAND, CO 80539

Financials

$69K$61K2023$139K$120K2024
Revenue Expenses · by fiscal year end
Financials of GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$139,217$120,117$19,100$906,843$26$906,817
December 31, 2023990-PF$69,490$60,888$8,602$887,743$26$887,717
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$63,927
Net gain from sales of assets
$67,522
Other income
$7,768

Expenses

Grants and similar amounts paid
$60,000
Disbursements for charitable purposes
$60,000
Excise tax on investment income
$1,001

Balance sheet and other

Total assets, start of year
$887,743
Total assets, end of year
$906,843
Total liabilities, end of year
$26
Net assets, end of year
$906,817
Fair market value of assets
$986,919
Qualifying distributions
$60,000
Net investment income
$131,449

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
LOUISE F THORNTON
PO BOX 1081, LOVELAND, CO 80539
President1$0
GEORGE C THORNTON
PO BOX 1081, LOVELAND, CO 80539
Director1$0
CHARLES L THORNTON
PO BOX 1081, LOVELAND, CO 80539
Director1$0
JULIA T CHERRY
PO BOX 1081, LOVELAND, CO 80539
Foundation Mgr.4$0
LARA T TABOLA
PO BOX 1081, LOVELAND, CO 80539
Director1$0
TOBY TABOLA
PO BOX 1081, LOVELAND, CO 80539
Director1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
LOUISE F THORNTON
PO BOX 1081, LOVELAND, CO 80539
President1$0
GEORGE C THORNTON
PO BOX 1081, LOVELAND, CO 80539
Director1$0
CHARLES L THORNTON
PO BOX 1081, LOVELAND, CO 80539
Director1$0
JAMES A CHERRY
PO BOX 1081, LOVELAND, CO 80539
Director1$0
JULIA T CHERRY
PO BOX 1081, LOVELAND, CO 80539
Foundation Mgr.4$0
LARA T TABOLA
PO BOX 1081, LOVELAND, CO 80539
Director1$0
TOBY TABOLA
PO BOX 1081, LOVELAND, CO 80539
Director1$0

Address and contacts

Address (IRS master file)
PO BOX 1081, LOVELAND, CO 80539-1081
In care of
% JANET ACHEATEL LEXINGTON CAP MGMT
Signed the 990-PF
JULIA T CHERRY, Foundation Mgr.
Phone
(970) 290-3391
Return prepared by
Geoffrey W Goudy CPA LLC

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
43-1525102
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
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$906,843
Income (IRS master file)
$311,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$139,217$120,117$906,843IRS
990-PFDecember 2023$69,490$60,888$887,743XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 43-1525102).

Questions about GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION

What is the EIN of GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION?
The employer identification number (EIN) of GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION is 43-1525102.
Is GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GEORGE & LOUISE THORNTON CHARITABLE 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 GEORGE & LOUISE THORNTON CHARITABLE 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 GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does GEORGE & LOUISE THORNTON CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $139,217, expenses of $120,117 and total assets of $906,843 at year end.

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