Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Team Thompson Family Foundation, EIN 87-1934091, is dedicated to youth development by addressing the challenges of hunger, illiteracy, and hygiene poverty among underprivileged families. With an operating budget of $471K and total revenue of $689.8K for the 2025 filing year, the foundation supports various youth sports programs through financial funding and equipment supplies. The organization does not appear to rely on a single funder for 50% or more of its revenue.

Mission Statement

Team Thompson Family Foundations mission is to help remove the worries of hunger, illiteracy and hygiene poverty of underprivileged families by providing them with the necessities and resources they need to strengthen their home and community Team Thompson Family Foundation believes in the lesson learned from participating in organized sports. Through their foundation, they support various youth sports programs through Financial Funding and equipment supplies.
Revenues
$689.8K
Expenses
$471K
Net Income:
+$218.8K
Assets
$218.8K
Liabilities
$0
Net Assets:
+$218.8K
Operating Budget
$471K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$75K
Largest grant received
$75K
R
Rahim Thompson
Board Member
T
Tanisha Thompson
Board Member
T
Tamika Singleton
Board Member

Frequently Asked Questions

What is TEAM THOMPSON FAMILY FOUNDATION’s budget?
In 2025, TEAM THOMPSON FAMILY FOUNDATION reported an annual operating budget of around $471 thousand. More detailed financial information is available to registered users.
What causes does TEAM THOMPSON FAMILY FOUNDATION support?
TEAM THOMPSON FAMILY FOUNDATION supports work in Youth development.
Where does TEAM THOMPSON FAMILY FOUNDATION operate?
TEAM THOMPSON FAMILY FOUNDATION is headquartered in Philadelphia, PA.
Who funded TEAM THOMPSON FAMILY FOUNDATION recently?
In 2025, TEAM THOMPSON FAMILY FOUNDATION received grants from THE PHILADELPHIA CULTURAL FUND INC, TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA, and FULL OF GRACE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant TEAM THOMPSON FAMILY FOUNDATION received in 2024?
The largest grant to TEAM THOMPSON FAMILY FOUNDATION in 2024 exceeds $75 thousand.