Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
The Thom Family Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

20-0374684
B Telephone number (see instructions)

(800) 839-1754
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$12,971,460J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 812,543
2 Check right arrow.............
3 Interest on savings and temporary cash investments 18,764 18,764  
4 Dividends and interest from securities... 287,975 287,975  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -9,774
b Gross sales price for all assets on line 6a 3,861,928
7 Capital gain net income (from Part IV, line 2)... 15,660
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-69,517 -12,503  
12 Total. Add lines 1 through 11........ 1,039,991 309,896  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
61,479 61,479    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,958 4    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,965 176   38,302
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 112,402 61,659   38,302
25 Contributions, gifts, grants paid....... 536,194 536,194
26 Total expenses and disbursements. Add lines 24 and 25 648,596 61,659   574,496
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 391,395
b Net investment income (if negative, enter -0-) 248,237
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 811,736 947,976 947,976
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,223,033 Click to see attachment
List of Attached Documents:
// Content
7,433,309 		9,161,477
c Investments—corporate bonds (attach schedule)....... 249,833 Click to see attachment
List of Attached Documents:
// Content
1,401,457 		1,408,816
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,229,633 Click to see attachment
List of Attached Documents:
// Content
1,122,888 		1,453,191
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,514,235 10,905,630 12,971,460
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 10,514,235 10,905,630
29 Total net assets or fund balances (see instructions)..... 10,514,235 10,905,630
30 Total liabilities and net assets/fund balances (see instructions). 10,514,235 10,905,630
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
10,514,235
2
Enter amount from Part I, line 27a .....................
2
391,395
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,905,630
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,905,630
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,861,928   3,845,722 16,206
b       -546
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       16,206
b        
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 15,660
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 3,450
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,450
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,450
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,385
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,385
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,935
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,935 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow55 WALLS DRIVE FL 3FairfieldCT ZIP+4right arrow06824
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Kevin J Olson Dir, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Connie Stokman Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Paul Tanis Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Andrew J Thom Dir, VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Cynthia L Thom Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Jeff A Thom Dir, Pres, Chairperson
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Joseph A Thom Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
9,713,917
b
Average of monthly cash balances.......................
1b
638,550
c
Fair market value of all other assets (see instructions)................
1c
1,453,191
d
Total (add lines 1a, b, and c).........................
1d
11,805,658
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
11,805,658
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
177,085
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,628,573
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
581,429
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
581,429
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,450
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,450
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
577,979
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
577,979
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
577,979
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
574,496
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
574,496
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 577,979
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 488,409
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 574,496
a Applied to 2022, but not more than line 2a 488,409
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 86,087
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		491,892
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Cynthia L Thom
Jeff A Thom
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI

225 N MICHIGAN AVE 17TH FL
CHICAGO,IL60601 		N/A PC General & Unrestricted 10,000

AMERICAN HEART ASSOCIATION INC

2750 BLUE WATER RD STE 250
EAGAN,MN55121 		N/A PC General & Unrestricted 5,000

AMERICAN LUNG ASSOCIATION

55 W WACKER DR STE 1150
CHICAGO,IL60601 		N/A PC General & Unrestricted 5,000

AMERICAN NATIONAL RED CROSS

PO BOX 37839
BOONE,IA50037 		N/A PC Victim Support for Maui, Hawaii Wildfires 10,000

AMERICAN NATIONAL RED CROSS

PO BOX 37839
BOONE,IA50037 		N/A PC Leadership Society Contribution 25,000

AMERICAN NATIONAL RED CROSS

PO BOX 37839
BOONE,IA50037 		N/A PC Victim Support for Mississippi Tornadoes 10,000

AMERICAN RED CROSS - SOUTH CENTRAL MN CHAPTER

105 HOMESTEAD DR
MANKATO,MN56001 		N/A PC General & Unrestricted 5,000

BETHANY LUTHERAN COLLEGE & SEMINARY INC

700 LUTHER DR
MANKATO,MN56001 		N/A PC Solar Panel Project for Our Lady of Lourdes Church 2,500

CANCER RESEARCH INSTITUTE INC

29 BROADWAY 4TH FL
NEW YORK,NY10006 		N/A PC General & Unrestricted 10,000

COMPASSION INTERNATIONAL INCORPORATED

12290 VOYAGER PKWY
COLORADO SPRINGS,CO80921 		N/A PC Unsponsored Children's Fund, Youth Development Fund, Clean and Sanitary Water and Medical Assistance 20,000

COVENANT HOUSE ALASKA

755 A ST
ANCHORAGE,AK99501 		N/A PC General & Unrestricted 5,000

CROSS CATHOLIC OUTREACH INC

PO BOX 97168
WASHINGTON,DC20090 		N/A PC Project 3394 (Microenterprise in Haiti) 10,000

CROSS CATHOLIC OUTREACH INC

PO BOX 97168
WASHINGTON,DC20090 		N/A PC Project 3059 (Microenterprise in Ethiopia) 10,000

CURE ALZHEIMER'S FUND

34 WASHINGTON ST SUITE 310
WELLESLEY HILLS,MA02481 		N/A PC General & Unrestricted 10,000

EMERGENCY COMMUNITY HELP ORGANIZATION ECHO

1014 S FRONT ST
MANKATO,MN56001 		N/A PC General & Unrestricted 5,000

FEED MY STARVING CHILDREN

401 93RD AVE NW
COON RAPIDS,MN55433 		N/A PC General & Unrestricted 5,000

FISHER HOUSE FOUNDATION INC

12300 TWINBROOK PKWY STE 410
ROCKVILLE,MD20852 		N/A PC General & Unrestricted 10,000

GARY SINISE FOUNDATION

2555 MERIDIAN BLVD STE 300
FRANKLIN,TN37067 		N/A PC General & Unrestricted 10,000

GREAT NORTH INNOCENCE PROJECT

229 19TH AVE SOUTH STE 285
MINNEAPOLIS,MN55455 		N/A PC Platinum Sponsorship fund 10,000

HABITAT FOR HUMANITY INTERNATIONAL INC

1730 BASSETT DR
MANKATO,MN56001 		N/A PC General & Unrestricted 2,500

HAITIAN HEALTH FOUNDATION INC

97 SHERMAN ST
NORWICH,CT06360 		N/A PC General & Unrestricted 2,500

HEIFER PROJECT INTERNATIONAL

PO BOX 8058
LITTLE ROCK,AR72203 		N/A PC to purchase Joy to the World Gift Baskets, Milk Menageries, Knitter's Gift Baskets and Flocks of Chicks 6,000

JONI AND FRIENDS

PO BOX 3333
AGOURA HILLS,CA91376 		N/A PC Wheels for the World program 5,000

JUNIOR ACHIEVEMENT USA

PO BOX 120478
SAINT PAUL,MN55112 		N/A PC Funding for the participation of 1,419 students at 14 different South Central MN schools to utilize JA's Finance Park Program 38,194

KIDS IN NEED FOUNDATION

2719 PATTON RD
ROSEVILLE,MN55113 		N/A PC General & Unrestricted 3,500

LUTHERAN WORLD RELIEF INC

700 LIGHT ST
BALTIMORE,MD21230 		N/A PC Charitable Event 10,000

MANKATO YOUTH PLACE INC

1315 STADIUM RD
MANKATO,MN56001 		N/A PC My New Place Capital Campaign fund 50,000

MEDECINS SANS FRONTIERES USA INC

PO BOX 5030
HAGERSTOWN,MD21741 		N/A PC Access to Medicine Program 20,000

MERCY SHIPS INTERNATIONAL

PO BOX 2020
LINDALE,TX75771 		N/A PC for five operating rooms for four days 20,000

MINNESOTA HISTORICAL SOCIETY

345 KELLOGG BLVD W
SAINT PAUL,MN55102 		N/A PC North Star Circle Program 2,500

MINNESOTA TEEN CHALLENGE INC

740 E 24TH ST
MINNEAPOLIS,MN55404 		N/A PC General & Unrestricted 5,000

MIRACLE LEAGUE OF NORTH MANKATO

PO BOX 651
MANKATO,MN56002 		N/A PC General & Unrestricted 2,500

NAMI NATIONAL

4301 WILSON BLVD STE 300
ARLINGTON,VA22203 		N/A PC General & Unrestricted 10,000

NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AN

747 3RD AVE FL 33C
NEW YORK,NY10017 		N/A PC General & Unrestricted 10,000

SAINT PETER COMMUNITY FREE CLINIC

PO BOX 405
SAINT PETER,MN56082 		N/A PC General & Unrestricted 5,000

SALVATION ARMY

700 S RIVERFRONT DR
MANKATO,MN56001 		N/A PC General & Unrestricted 5,000

SAMARITANS PURSE

PO BOX 3000
BOONE,NC28607 		N/A PC Yemen Clean Water Project 10,000

SCHOLA FOUNDATION

145 GOOD COUNSEL DR
MANKATO,MN56001 		N/A PC Teacher's Competitive Compensation Fund 100,000

SHARING AND CARING HANDS INC

525 N 7TH ST
MINNEAPOLIS,MN55405 		N/A PC General & Unrestricted 5,000

SOUTHERN MINNESOTA INITIATIVE FOUNDATION

525 FLORENCE AVE
OWATONNA,MN55060 		N/A PC General Endowment Fund 5,000

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

501 ST JUDE PL
MEMPHIS,TN38105 		N/A PC General & Unrestricted 10,000

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		N/A PC General & Unrestricted 10,000

THE INDEPENDENCE FUND INC

9013 PERIMETER WOODS DR STE E
CHARLOTTE,NC28216 		N/A PC to purchase a Track Chair and Trailer 16,000

YOUNG LIFE

PO BOX 13
MANKATO,MN56002 		N/A PC General & Unrestricted 5,000
Total .................................right arrow 3a 536,194
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 18,764  
4 Dividends and interest from securities ....     14 287,975  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -9,774  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss 		525990 -88,049 14 -17,236  
bLIFE INSURANCE POLICY INCOME     14 31,035  
cINCOME FROM CLOSELY HELD STOCK     01 4,733  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -88,049 315,497  
13Total. Add line 12, columns (b), (d), and (e)..................
13
227,448
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Thom Family Foundation Inc
 
Employer identification number

20-0374684
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Thom Family Foundation Inc
  		Employer identification number
20-0374684
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Thom Jeff A
43023 520th Street
 
North Mankato, MN56003

$ 782,321


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Thom Joseph A
1619 South 3rd Street 8
 
St Peter, MN56082

$ 30,222


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Thom Family Foundation Inc
  		Employer identification number

20-0374684
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PRINCIPAL STRATEGIC ASSET MNGT CNSRV GR SAGPX, 3874 sh. $ 63,727 2023-09-22
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PRUDENTIAL FINCL INC PRU, 182 sh. $ 16,391 2023-10-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PRINCIPAL FINANCIAL GROUP PFG, 181 sh. $ 12,203 2023-10-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 AMERICAN GROWTH FD OF AMERICA AGTHX, 339 sh. $ 20,150 2023-11-02
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 AMERICAN FUNDS NEW PERSPECTIVE ANWPX, 191 sh. $ 10,072 2023-11-02
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Thom Family Foundation Inc
  		Employer identification number

20-0374684
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


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TY 2023 DepreciationSchedule
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Name of Bond End of Year Book Value End of Year Fair Market Value
BANK OF INDIA NEW YORK - 5.200 50,000 49,986
BANK OF MONTREAL SNOWBALL AUTO 100,000 103,389
BMO HARRIS BANK - 5.150% - 06/ 50,000 50,002
BMO HARRIS BK - 4.900% - 06/02 50,000 50,116
CAN IMPERIAL BK OF COMMERCE - 24,588 24,838
CAPITAL ONE - 4.550% - 06/01/2 99,999 100,850
CAPITAL ONE NATL - 4.600% - 06 50,000 50,282
DISCOVER BANK - 4.450% - 05/30 100,000 102,012
GOLDMAN SACHS GROUP INC - 4.00 24,739 24,927
INTERCONTINENTAL EXCHANGE INC 26,760 24,588
KIMBERLY CLARK CORP NOTE - 2.7 25,734 24,169
MANUFACTURERS & TRADEDRS - 4.9 50,000 49,931
MANUFACTURERS & TRADERS - 5.25 100,000 99,993
MARSH &MCLENNAN COS INC - 3.50 25,069 24,764
MCKESSON CORP - 5.250% - 02/15 25,023 25,001
MORGAN STANLEY - 4.400% - 05/3 50,000 50,994
MORGAN STANLEY - 4.500% - 06/0 50,000 49,498
MORGAN STANLEY - 4.600% - 06/0 50,000 50,317
MORGAN STANLEY - 4.900% - 06/0 100,000 100,267
NATIONAL RURAL UTIL COOP - 2.9 25,639 24,925
ROYAL BK CDA SUSTAINABL SER I 24,703 25,056
UBS BANK - 4.450% - 06/01/2028 50,000 51,106
UBS BANK - 4.550% - 06/01/2027 50,000 50,474
UBS BANK - 4.600% - 06/01/2026 100,000 100,642
VERIZON COMMUNICATIONS - 3.376 24,203 24,534
WELLS FARGO BANK - 5.050% - 10 25,000 25,698
WELLS FARGO BANK - 5.050% - 11 25,000 25,279
WELLS FARGO BANK - 5.150% - 11 25,000 25,178

TY 2023 InvestmentsCorpStockSchedule
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 2,978 2,624
ABBOTT LABS 25,792 28,398
ABBVIE INC 14,106 15,187
ACCENTURE PLC 5,916 7,720
ADVANCED MICRO DEVICES INC 16,346 22,112
AFLAC INC 11,388 13,283
AGILENT TECHNOLOGIES INC 2,921 10,705
AIR LEASE CORP 7,362 7,465
ALBEMARLE CP 2,847 4,623
ALEXANDRIA REAL ESTATE EQUITIE 10,457 11,156
ALLEGION PLC 1,841 2,280
ALPHABET INC CL A 26,727 45,120
ALTRIA GROUP INC 4,269 3,873
AMAZON COM 52,366 62,295
AMDOCS LIMITED 1,868 2,021
AMERICAN AMCAMP FUND 121,752 151,748
AMERICAN BALANCED FUND CL A 682,917 789,880
AMERICAN CENTURY EQUITY INCOME 202,111 188,001
AMERICAN FUNDS CAP INCOME BUIL 117,638 129,956
AMERICAN FUNDS INCOME FD OF AM 128,541 135,273
AMERICAN FUNDS NEW PERSPECTIVE 253,090 301,891
AMERICAN FUNDS WASHINGTON MUTU 15,086 16,016
AMERICAN GROWTH FD OF AMERICA 61,496 68,177
AMERIPRISE FINANCIAL INC 20,940 25,449
AMETEK INC 2,611 3,133
AMGEN INC 10,730 11,521
APPLE INC 33,986 77,782
APPLIED MATERIALS INC 3,149 5,672
APTUS COLLARED INCOME OPPORTUN 20,060 22,118
ARCH CAPITAL GROUP LTD 10,604 10,843
ARISTA NETWORKS 4,175 7,065
ASSURANT INC 10,495 10,952
AT&T, INC 26,594 23,928
ATLANTA BRAVES HOLDINGS, INC. 42 40
AUTOMATIC DATA PROCESSING INC 2,404 2,330
BAKER HUGHES COMPANY 10,805 10,425
BANK OF AMERICA CORP 15,624 21,448
BANK OF NT BUTTERFIELD AND SON 3,466 3,489
BECTON DICKINSON & CO 4,477 7,559
BERKSHIRE HATHAWAY INC. CLASS 20,197 27,819
BLACKROCK INC 18,975 22,730
BOEING CO 5,851 6,777
BOOZ ALLEN HAMILTON HOLDING CO 7,649 8,954
BOSTON SCIENTIFIC 10,541 12,314
BRISTOL-MYERS SQUIBB CO 6,303 5,080
BROADCOM INC 4,608 11,163
BROWN & BROWN INC 1,875 2,418
CADENCE DESIGN SYSTEMS INC 5,898 11,167
CAPITAL WORLD GROWTH & INCOME 114,837 144,637
CARDINAL HEALTH INC 10,753 10,685
CATERPILLAR INC 10,798 13,601
CBOE HOLDINGS INC 10,980 11,071
CBRE GROUP 6,177 13,312
CHENIERE ENERGY INC 14,614 14,681
CHESAPEAKE ENERGY CORPORATION 2,126 1,693
CHEVRON CORP 20,535 22,374
CIGNA CORPORATION 3,861 3,593
CISCO SYSTEMS INC 10,335 11,822
CITIGROUP INC 14,821 15,123
CME GROUP, INC 2,238 2,738
COGNIZANT TECHNOLOGY SOLUTIONS 2,191 3,172
COMCAST CORP 3,329 4,736
CONSOLIDATED EDISON INC 10,833 10,643
CONSTELLATION BRANDS INC 9,160 9,187
COSTCO WHOLESALE CORPORATION 11,574 25,083
CROWN CASTLE INTL 4,011 3,571
CSX CORP 3,038 3,432
CUMMINS INC 2,365 2,396
CVS CAREMARK CORP 4,056 3,237
D R HORTON 10,434 14,134
DARDEN RESTAURANTS INC 2,108 2,465
DAVITA HEALTHCARE PARTNERS INC 10,521 11,000
DECKERS OUTDOOR CORPORATION 2,098 2,674
DELTA AIR LINES INC 12,935 15,931
DIAMONDBACK ENERGY INC 3,037 2,947
DICK'S SPORTING GDS 1,854 2,498
DISCOVER FINL SVCS COM 5,177 5,845
DISTILLATE US FUNDAMENTAL STAB 37,588 43,396
DROPBOX INC 2,434 2,742
DUKE ENERGY CO 1,667 1,747
ELECTRONIC ARTS 2,466 2,599
ELEVANCE HEALTH INC 3,141 2,829
ELI LILLY & CO 20,479 33,226
EMCOR GROUP INC 2,893 11,202
ENTERGY CORP 10,372 10,827
EPAM SYSTEMS INC 2,563 2,676
EQUINIX, INC 4,503 8,859
ETSY INC 2,399 2,350
EURONET WORLDWIDE INC 7,453 11,265
EXXON MOBIL CORP 14,502 14,297
FIDELITY MSCI INFORMATION TECH 5,092 5,746
FIDELITY NATIONAL FINANCIAL IN 5,206 8,061
FIDELITY NATIONAL INFORMATION 4,259 1,982
FIRST EAGLE SOGEN GLOBAL FUND 916,938 1,055,233
FISERV INC 2,445 3,454
FLEETCOR TECHNOLGIES INC 1,770 2,826
FLEXTRONICS INTERNATIONAL 10,424 12,336
FORTINET INC 2,382 2,400
FORTREA HOLDINGS INC 858 1,501
FREEPORT-MCMORAN COPPER & GOLD 12,511 16,049
GALLAGHER ARTHUR J & CO 5,409 6,522
GARTNER INC 6,456 12,180
GEN DYNAMICS CP 2,770 2,856
GENERAL MILLS INC 2,994 2,540
GENPACT LIMITED 6,576 7,810
GILEAD SCIENCES INC 14,224 14,582
GLOBAL X ARTIFICIAL INTELLIGEN 155,848 174,608
GLOBAL X US INFRASTRUCTURE DEV 157,965 180,915
GODADDY INC 1,848 2,654
GOLDMAN SACHS GROUP 9,934 15,817
GOLDMAN SACHS PHYSICAL GOLD ET 7,710 8,869
GRAINGER W W INC 10,723 15,745
HARTFORD BALANCED INCOME 182,347 177,125
HENRY SCHEIN INC 2,384 2,498
HILTON WORLDWIDE HOLDINGS, INC 5,453 7,648
HOME DEPOT INC 24,095 29,457
HONEYWELL INTL 5,159 5,243
HORMEL FOODS CP 2,521 2,151
HOWMET AEROSPACE ORD SHS 6,608 9,309
HUBBELL INCORPORATED 1,838 1,974
HUBSPOT INC 9,027 9,869
ICON PLC - AMERICAN DEPOSITARY 1,992 2,831
IDEX CP 166 868
ILLINOIS TOOL WORKS 2,570 3,143
INDEXIQ ETF TR CANDRIAM ESG US 20,437 24,816
INGERSOLL-RAND INC 2,472 3,635
INTEL CORP 11,782 13,115
INTERCONTINENTAL EXCHANGE, INC 12,103 14,641
INTUIT 3,781 4,375
INTUITIVE SURGICAL 7,982 9,783
INVESCO NASDAQ 100 ETF 19,066 21,236
IRON MOUNTAIN 3,423 4,899
ISHARE SP SMALL CAP 600 INDEX 192,212 227,324
ISHARES BARCLAYS 10-20 YEAR TR 12,509 11,909
ISHARES DJ US TECH ETF 13,090 21,236
ISHARES MORNINGSTAR GROWTH FD 5,082 5,629
ISHARES S&P 1500 INDEX FD 5,064 5,577
ISHARES S&P 500 INDEX FD 18,789 20,538
ISHARES US INFRASTRUCTURE 5,127 5,356
ISHARESLEHMAN 7-10YR 12,572 12,145
JABIL CIRCUIT INC 1,411 2,803
JACOBS SOLUTIONS INC 9,798 16,485
JANUS HENDERSON BALANCED FUND 642,483 783,070
JAZZ PHARMACEUTICALS INC 2,274 2,214
JOHNSON & JOHNSON 32,700 31,348
JP MORGAN CHASE 18,240 23,304
KENSINGTON DYNAMIC GROWTH INST 136,338 146,350
KEYSIGHT TECHNOLOGIES INC 2,210 10,818
KLA TENCOR CORP 2,262 4,069
KNIGHT SWIFT TRANSPORTATION HO 2,059 2,479
KRAFT HEINZ CO 10,457 9,985
KROGER CO 2,186 2,194
LABCORP HLDGS INC (LABORATORY 4,864 9,773
LAM RESEARCH CORP 9,296 14,882
LAMB WESTON HOLDINGS INC 16,081 17,943
LIBERTY LIVE GROUP - SER C 34 75
LIBERTY MEDIA CORPORATION - SE 2,471 4,356
LINCOLN ELECTRIC HOLDING INC 1,981 2,392
LKQ CORPORATION 2,262 2,103
LOCKHEED MARTIN CORP 27,054 28,101
LOWES COMPANIES INC 3,286 4,006
LULULEMON ATHLETICA INC 20,862 29,144
MARATHON PETROLEUM CORP 17,827 19,435
MARRIOTT INTERNATIONAL INC. CL 13,530 20,521
MASCO CORP 2,382 3,349
MCKESSON CORP 11,354 14,352
MERCK & CO INC 8,080 8,940
META PLATFORMS INC 6,566 13,450
MICROCHIP TECHNOLOGY INC 2,660 3,788
MICROSOFT CORP 31,145 71,072
MID-AMERICA APT COMMUNITIES IN 4,850 6,857
MIDDLEBY CORPORATION 1,837 2,060
MORGAN STANLEY 6,983 11,004
NASDAQ OMX GROUP 2,569 2,733
NETAPP, INC 2,130 2,733
NETFLIX INC 14,968 20,449
NEXTERA ENERGY, INC 18,270 17,858
NISOURCE INC 13,783 14,072
NVIDIA CORP 27,141 47,046
O'REILLY AUTOMOTIVE INC 11,034 12,351
OCCIDENTAL PETROLEUM CORP 8,568 8,957
OMNICOM GROUP 2,580 2,422
ON SEMICONDUCTOR 4,439 5,346
ORACLE CORP 32,640 30,996
OTIS WORLDWIDE CORP 2,382 2,684
OWENS CORNING 2,078 3,706
PACCAR INC 9,830 15,722
PACKAGING CORP AMER 1,855 2,444
PALO ALTO NETWORKS INC 18,539 26,834
PARKER HANNIFIN CP 19,013 24,878
PAYCHEX 11,956 12,626
PAYPAL HOLDINGS, INC 4,640 2,334
PEPSICO INC 4,979 4,756
PHILIP MORRIS INTL 12,405 12,324
PHILLIPS 66 7,073 9,054
PPG INDUSTRIES INC 10,705 11,216
PRIMERICA, INC 5,706 6,584
PROCTER GAMBLE CO 3,605 3,957
PROLOGIS 21,456 22,528
PVH CORP 4,916 6,106
QORVO INC 2,050 2,703
QUALCOMM INC 18,845 20,971
QUANTA SVCS INC 6,259 9,279
RAYMOND JAMES FINANCIAL INC 11,214 10,481
REGENERON PHARMACEUTICALS INC 9,693 12,296
REGIONS FINANCIAL CORP 10,448 10,640
ROBERT HALF INTL INC 1,936 2,286
ROKU INC 2,937 5,500
ROPER INDUSTRIES 1,422 7,087
ROSS STORES, INC 4,828 13,701
SALESFORCE.COM 11,625 14,999
SBA COMMUNICATIONS CORP 17,552 18,773
SCHLUMBERGER LTD 5,075 4,996
SCHWAB STRATEGIC TR US LARGE C 15,936 17,385
SCHWAB U.S. LARGE-CAP GROWTH 13,055 19,827
SEI INVESTMENTS 2,399 6,291
SERVICE NOW 6,686 8,478
SHOPIFY INC 19,617 26,174
SIMON PPTY GROUP INC 6,041 11,696
SKYWORKS SOLUTIONS, INC 2,004 2,586
SMITH A O CORP DEL COM 2,222 3,298
SNAP ON INC 16,915 21,952
SONY GROUP CORP 2,748 3,504
SS&C TECHNOLOGIES INC 2,486 2,750
STARBUCKS CORP COM 3,659 3,840
SYNOPSYS, INC 2,571 3,604
SYSCO CORP 2,874 2,852
T-MOBILE US INC 12,371 13,468
TARGET CORPORATION 11,887 12,391
THE BLACKSTONE GROUP INC CL A 11,923 17,805
THE JM SMUCKER COMPANY 2,543 2,148
THERMO FISHER SCIENTIFIC INC 11,912 14,862
TJX COMPANIES INC 14,097 18,293
TRANE TECHNOLOGIES PLC 10,573 14,878
TWEEDY BROWNE GLOBAL VALUE FUN 203,873 214,561
UBER 11,487 14,531
ULTA SALON, COSMETICS & FRAGRA 2,380 2,450
UNION PACIFIC 13,492 17,439
UNITED RENTALS INC 2,252 4,014
UNITEDHEALTH GROUP INC 16,478 27,903
US BANCORP 6,740 6,535
VAIL RESORTS INC 1,712 1,708
VANGUARD EQUITY INCOME - ADMIR 282,860 344,010
VANGUARD FTSE DEVELOPED MARKET 6,593 8,047
VANGUARD FTSE EMERGING MARKETS 127,856 135,014
VANGUARD INDEX TR MID-CAP INDE 226,307 401,456
VANGUARD INSTITUTIONAL INDEX 412,854 725,460
VERIZON COMMUNICATIONS 5,405 5,391
VERTEX PHARMCTLS INC 2,276 3,255
VERTIV CL A 11,291 12,440
VIRTU FINANCIAL INC 8,313 7,192
VISA INC 10,635 14,580
WAL-MART STORES INC 6,536 8,513
WALT DISNEY HOLDINGS CO 20,529 18,239
WARNER MUSIC GRP CRP 4,371 4,438
WASTE MANAGEMENT INC 5,507 9,851
WEC ENERGY GROUP, INC 3,337 3,451
WESTINGHOUSE AIR BRAKE TECHNOL 19,011 23,730
WESTLAKE CHEMICAL CORP 2,387 3,359
WILLIAMS SONOMA INC 1,756 3,027
WILLSCOT MOBILE MINI CL A 2,462 2,359

TY 2023 InvestmentsOtherSchedule2
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLAINE FISHER ROYALTIES LLC -   100,000 100,000
BOURNE SENIORS HOUSING III LLC   166 100,000
BOURNE SENIORS HOUSING IV LLC   115,249 250,000
GPB HOLDINGS LP   15,330 13,556
HPI REAL ESTATE FD IX LLC   163,722 200,000
HPI REAL ESTATE FUND X LLC   268,786 330,000
NW MUTUAL LIFE INS POL#12-368-   459,635 459,635

TY 2023 OtherExpensesSchedule
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 38,302     38,302
Bank Charges 90 90    
K-1 Exp BOURNE SENIORS HOUSING 88 11    
K-1 Exp BOURNE SENIORS HOUSING 60      
K-1 Exp GPB HOLDINGS LP 348      
K-1 Exp HPI REAL ESTATE FUND X 3 1    
K-1 EXP TEUCRIUM AGRICULTURAL 74 74    


TY 2023 OtherIncomeSchedule2
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss BOURNE SENIORS HOUSING III LLC -16,508 375  
K-1 Inc/Loss BOURNE SENIORS HOUSING IV LLC -44,636 237  
K-1 Inc/Loss GPB HOLDINGS LP -515 41  
K-1 Inc/Loss HPI REAL ESTATE FD IX LLC -10,857 -3,896  
K-1 Inc/Loss HPI REAL ESTATE FUND X LLC -32,900 -14,124  
K-1 Inc/Loss TEUCRIUM AGRICULTURAL FUND 131 131  
INCOME FROM CLOSELY HELD STOCK 4,733 4,733  
LIFE INSURANCE POLICY INCOME 31,035    


TY 2023 OtherProfessionalFeesSchedule
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 61,479 61,479    


TY 2023 TaxesSchedule
Name:
The Thom Family Foundation Inc
EIN:
20-0374684
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 1,600      
990-PF Extension for 2022 4,400      
990-T Income Tax for 2022 2,941      
Foreign Tax Paid 4 4    
State Estimated Tax for 3,013