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Nonprofit · EIN 75-1833850

THOMSEN FOUNDATION

Tax-exempt · GAINESVILLE, TX 76241

Financials

$4.9M$678K2023$2.5M$857K2024
Revenue Expenses · by fiscal year end
Financials of THOMSEN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,527,613$856,980$1,670,633$38,451,769$0$38,451,769
December 31, 2023990-PF$4,941,382$677,901$4,263,481$37,290,234$0$37,290,234
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$982,794
Net gain from sales of assets
$1,535,801
Other income
$9,018

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$274,350
Disbursements for charitable purposes
$569,323
Excise tax on investment income
$31,187

Balance sheet and other

Total assets, start of year
$37,290,234
Total assets, end of year
$38,451,769
Total liabilities, end of year
$0
Net assets, end of year
$38,451,769
Fair market value of assets
$38,451,769
Qualifying distributions
$1,918,124
Net investment income
$2,531,317

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
WILL S MONTGOMERY
4 BRAEMORE PLACE, DALLAS, TX 75230
Director2$0
GRACE COOK
1503 CORTO DRIVE, DALLAS, TX 75218
Secretary2$0
TIFFANY S WARD
14937 LACEHAVEN DRIVE, DALLAS, TX 75248
Vice President1$0
CHANDLER LINDSLEY
4061 WINSOR DRIVE, FARMERS BRANCH, TX 75244
President1$0
JOSEPH RODRIGUEZ
1706 PRINCETON AVE, MIDLAND, TX 79701
Treasurer1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WILL S MONTGOMERY
4 BRAEMORE PLACE, DALLAS, TX 75230
Director2$0
GRACE COOK
1503 CORTO DRIVE, DALLAS, TX 75218
Secretary2$0
TIFFANY S WARD
14937 LACEHAVEN DRIVE, DALLAS, TX 75248
Vice President1$0
CHANDLER LINDSLEY
4061 WINSOR DRIVE, FARMERS BRANCH, TX 75244
President1$0
JOSEPH RODRIGUEZ
1706 PRINCETON AVE, MIDLAND, TX 79701
Treasurer1$0

Address and contacts

Address (IRS master file)
PO BOX 1206, GAINESVILLE, TX 76241-1206
Signed the 990-PF
CHANDLER LINDSLEY, President
Phone
(214) 632-9341
Return prepared by
Sutton Frost Cary 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
75-1833850
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1982
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$38,451,769
Income (IRS master file)
$23,472,797

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,527,613$856,980$38,451,769XML
990-TDecember 2024–––IRS
990-PFDecember 2023$4,941,382$677,901$37,290,234XML
990-TDecember 2023–––IRS
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 75-1833850).

Questions about THOMSEN FOUNDATION

What is the EIN of THOMSEN FOUNDATION?
The employer identification number (EIN) of THOMSEN FOUNDATION is 75-1833850.
Is THOMSEN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to THOMSEN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does THOMSEN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THOMSEN 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 THOMSEN 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 THOMSEN FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does THOMSEN FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,527,613, expenses of $856,980 and total assets of $38,451,769 at year end.

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