EIN 23-7153983

Columbus W Thorn JR Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Year formed
1973
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Columbus W Thorn JR Foundation is a private foundation that was created to help with expenses incurred in administering the student loan program. The foundation incurs legal fees to pursue collections from students. It is located in Elkton, MD.
Also known as...
Scott Charles and Doris Scott Ttees
Total revenues
$1,027,130
2023
Total expenses
$629,182
2023
Total assets
$34,582,549
2023
Num. employees
1
2023

Program areas at Columbus W Thorn JR Foundation

Expenses incurred in administering the student loan program.
The Foundation awards student loans as assistance with higher education after graduation from high school. Repayment of the loan is required within four years after completion or discontinuance of the student's advanced education. The loan is interest free while the student is full time and in good standing. Upon graduation or discontinuance, the loan will bear interest at 5% annually.

Personnel at Columbus W Thorn JR Foundation

NameTitleCompensation
Charles L ScottTrustee$204,512

Financials for Columbus W Thorn JR Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$596,249
Net rental income$0
Net gain from sale of non-inventory assets$289,924
Gross sales of inventory$0
Miscellaneous revenues$140,957
Total revenues$1,027,130

Form 990s for Columbus W Thorn JR Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990PFView PDF
2022-122023-11-09990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-12990PFView PDF
2019-122021-06-11990PFView PDF
...and 12 more Form 990s
Data update history
January 20, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 6, 2025
Used new vendors
Identified 1 new vendor, including
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
109 E Main St
Elkton, MD 21921
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Cecil County, MD
Website URL
columbuswthornjrfoundation.com/ 
Phone
(410) 398-0611
IRS details
EIN
23-7153983
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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