Thunderbird Foundation

Analysis

Thunderbird Foundation is a registered charity in United States, based in Gibbon, MN. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thunderbird Foundation reported income of $71k and spending of $48k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $71k to $71k (-0.9%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thunderbird Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Louis J Billittier Fund ($71k), Andrea Holden Foundation Inc ($71k) and John G Neihardt Foundation ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.