Eugene V And Clare Thaw Charitable Trust

Santa Fe, NM
Tax-exempt since May 1982
EIN: 13-3081491

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$3.55M (2024)

Expenses

$16.7M (2024)

Total Assets

$47.4M (2024)

Total Liabilities

$6.36k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$3,549,042

Expenses

$16,676,875

Net Income

-$13,127,833

Net Assets

$47,378,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$895	0.0%
Dividends	$177,728	5.0%
Sales of Assets	$3,327,219	93.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,210,915	97.2%
Compensation of Officers*	$332,750	2.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$47,385,057
Total Liabilities	$6,357
Net Assets	$47,378,700

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (President & Ceo)	$332,750	$30,500
Brian O'donoghue (Trustee)	$0	$0
Michaela O'donoghue (Trustee)	$0	$0

990-PF

Filed on Nov. 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$8,399,886

Expenses

$22,643,208

Net Income

-$14,243,322

Net Assets

$62,845,771

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,197	0.0%
Dividends	$634,699	7.6%
Sales of Assets	$7,721,990	91.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,051,351	97.4%
Compensation of Officers*	$302,500	1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$62,945,128
Total Liabilities	$99,357
Net Assets	$62,845,771

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (President & Ceo)	$302,500	$30,250
Brian O'donoghue (Trustee)	$0	$0
Michaela O'donoghue (Trustee)	$0	$0

990-PF

Filed on Nov. 12, 2024

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2022

Revenue

$1,056,985

Expenses

$10,732,671

Net Income

-$9,675,686

Net Assets

$78,795,667

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$167	0.0%
Dividends	$729,457	69.0%
Sales of Assets	$290,961	27.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,259,509	95.6%
Compensation of Officers*	$295,000	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$80,823,388
Total Liabilities	$2,027,721
Net Assets	$78,795,667

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (President & Ceo)	$275,000	$27,501
Brian O'donoghue (Trustee)	$10,000	$0
Michaela O'donoghue (Trustee)	$10,000	$0

990-PF

Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,880,279

Expenses

$6,010,769

Net Income

-$4,130,490

Net Assets

$96,954,715

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$292	0.0%
Dividends	$805,361	42.8%
Sales of Assets	$1,033,026	54.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,536,822	92.1%
Compensation of Officers*	$250,000	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$97,006,761
Total Liabilities	$52,046
Net Assets	$96,954,715

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (President & Ceo)	$250,000	$25,000
Brian O'donoghue (Trustee)	$0	$0
Michaela O'donoghue (Trustee)	$0	$0

990-PF

Filed on Nov. 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2020

Revenue

$2,465,700

Expenses

$6,350,280

Net Income

-$3,884,580

Net Assets

$95,349,001

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,028,302	82.3%
Interest Revenue	$654	0.0%
Dividends	$415,933	16.9%
Sales of Assets	$20,811	0.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,018,861	94.8%
Compensation of Officers*	$250,000	3.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$95,372,301
Total Liabilities	$23,300
Net Assets	$95,349,001

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (President & Ceo)	$250,000	$25,001
Brian O'donoghue (Trustee)	$0	$0
Michaela O'donoghue (Trustee)	$0	$0

990-PF

Filed on Oct. 27, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$42,299,749

Expenses

$9,318,801

Net Income

$32,980,948

Net Assets

$95,787,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$41,904,468	99.1%
Interest Revenue	$1,320	0.0%
Dividends	$281,595	0.7%
Sales of Assets	$112,366	0.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,988,204	96.5%
Compensation of Officers*	$250,002	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$95,801,040
Total Liabilities	$13,523
Net Assets	$95,787,517

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Trustee & Executive Director)	$250,002	$25,001
Brian O'donoghue (Trustee)	$0	$0
Michaela O'donoghue (Trustee)	$0	$0

990-PF

Filed on Sept. 3, 2020

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$58,110,233

Expenses

$10,515,197

Net Income

$47,595,036

Net Assets

$60,176,200

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$55,931,624	96.3%
Interest Revenue	$1,121	0.0%
Dividends	$337,662	0.6%
Sales of Assets	$1,839,826	3.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,128,992	96.3%
Compensation of Officers*	$223,000	2.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$60,191,803
Total Liabilities	$15,603
Net Assets	$60,176,200

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Trustee & Executive Director)	$223,000	$19,800
Brian O'donoghue (Trustee)	$0	$0
Michaela O'donoghue (Trustee)	$0	$0
Eugene V Thaw (Outgoing Trustee (Deceased In 2018))	$0	$0

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990-PF

Filed on Nov. 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$1,384,933

Expenses

$2,395,486

Net Income

-$1,010,553

Net Assets

$14,319,020

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$125,261	9.0%
Interest Revenue	$370	0.0%
Dividends	$159,626	11.5%
Sales of Assets	$1,099,676	79.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,840,405	76.8%
Compensation of Officers*	$205,000	8.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$16,329,465
Total Liabilities	$2,010,445
Net Assets	$14,319,020

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Trustee & Executive Director)	$205,000	$18,000
Eugene Victor Thaw (Trustee)	$0	$0
Clare E Thaw (Trustee)	$0	$0

990-PF

Filed on Oct. 30, 2018

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$4,996,437

Expenses

$2,306,561

Net Income

$2,689,876

Net Assets

$15,193,842

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500,000	30.0%
Interest Revenue	$343	0.0%
Dividends	$139,852	2.8%
Sales of Assets	$3,356,242	67.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,937,730	84.0%
Compensation of Officers*	$188,680	8.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$17,115,722
Total Liabilities	$1,921,880
Net Assets	$15,193,842

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Trustee & Executive Direct)	$188,680	$16,368
Eugene Victor Thaw (Trustee)	$0	$0
Clare E Thaw (Trustee)	$0	$0

990-PF

Filed on Sept. 8, 2017

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$11,301,054

Expenses

$2,072,629

Net Income

$9,228,425

Net Assets

$14,300,392

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,500,000	66.4%
Interest Revenue	$287	0.0%
Dividends	$86,438	0.8%
Sales of Assets	$3,714,329	32.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,692,345	81.7%
Compensation of Officers*	$173,812	8.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$16,332,300
Total Liabilities	$2,031,908
Net Assets	$14,300,392

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Trustee & Executive Director)	$173,812	$14,881
Eugene Victor Thaw (Trustee)	$0	$0
Clare E Thaw (Trustee)	$0	$0

990-PF

Filed on Aug. 9, 2016

Primary tax return for a private foundation's activities, finances, and governance

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PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$2,700,101

Expenses

$4,698,552

Net Income

-$1,998,451

Net Assets

$9,253,949

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,950,000	72.2%
Interest Revenue	$253	0.0%
Dividends	$279,196	10.3%
Sales of Assets	$470,652	17.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,032,172	43.3%
Compensation of Officers*	$160,284	3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,931,551
Total Liabilities	$2,677,602
Net Assets	$9,253,949

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Trustee & Executive Director)	$160,284	$13,528
Eugene Victor Thaw (Trustee)	$0	$0
Clare E Thaw (Trustee)	$0	$0
Patricia Tang (Trustee)	$0	$0

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990-PF

Filed on Oct. 27, 2015

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$862,538

Expenses

$2,810,353

Net Income

-$1,947,815

Net Assets

$11,309,691

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$774	0.1%
Dividends	$352,840	40.9%
Sales of Assets	$508,512	59.0%
Other Income	$412	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,475,853	88.1%
Compensation of Officers*	$122,053	4.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,840,099
Total Liabilities	$530,408
Net Assets	$11,309,691

Compensation

Key Employees and Officers	Compensation	Other
Kathleen Flanagan (Executive Director)	$122,053	$11,740
Eugene Victor Thaw (President)	$0	$0
Clare E Thaw (Director)	$0	$0
Patricia Tang (Director)	$0	$0
Kathleen Flanagan (Vice President/Exec Director)	$0	$0

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990-PF

Filed on Nov. 4, 2014

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2012

Revenue

-$2,625,958

Expenses

$13,556,547

Net Income

-$16,182,505

Net Assets

$13,713,049

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,792
Dividends	$511,904
Sales of Assets	$27,511
Other Income	-$3,169,165

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,267,431	97.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,375,056
Total Liabilities	$662,007
Net Assets	$13,713,049

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$979,214

Expenses

$4,369,392

Net Income

-$3,390,178

Net Assets

$28,584,727

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$187,793	19.2%
Dividends	$339,074	34.6%
Sales of Assets	$14,797	1.5%
Other Income	$437,550	44.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,030,301	92.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,585,739
Total Liabilities	$1,012
Net Assets	$28,584,727

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Eugene V And Clare Thaw Charitable Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.55M (2024)

Expenses $16.7M (2024)

Total Assets $47.4M (2024)

Total Liabilities $6.36k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Revenue

$3.55M (2024)

Expenses

$16.7M (2024)

Total Assets

$47.4M (2024)

Total Liabilities

$6.36k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001