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Thomas V Giddens Foundation

Organization summary

Type of Nonprofit

Designated as a 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.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.15M (2024)

Expenses
$1.56M (2024)

Total Assets
$18.2M (2024)

Total Liabilities
$0 (2024)

Years with multiple filings
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

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,146,794
Expenses
$1,556,925
Net Income
-$410,131
Net Assets
$18,178,626
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $636,294
55.5%
Sales of Assets $369,777
32.2%
Other Income $140,723
12.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,398,422
89.8%
Compensation of Officers* $487,600
31.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,178,626
Total Liabilities $0
Net Assets $18,178,626
Compensation
Key Employees and Officers Compensation Other
Mark Kotnour (Treasurer & Director) $141,400 $0
Richard Watkins (President & Director) $141,400 $0
Timothy Kotnour (Vice President & Director) $132,400 $0
Sam Watkins (Secretary & Director) $72,400 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,241,764
Expenses
$1,506,176
Net Income
-$264,412
Net Assets
$18,682,197
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $570,691
46.0%
Sales of Assets $388,983
31.3%
Other Income $282,090
22.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,366,305
90.7%
Compensation of Officers* $465,600
30.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,682,197
Total Liabilities $0
Net Assets $18,682,197
Compensation
Key Employees and Officers Compensation Other
Mark Kotnour (Treasurer & Director) $161,400 $0
Richard Watkins (President & Director) $161,400 $0
Timothy Kotnour (Vice President & Director) $122,400 $0
Sam Watkins (Secretary & Director) $20,400 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$783,417
Expenses
$576,634
Net Income
$206,783
Net Assets
$18,944,489
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $358,183
45.7%
Sales of Assets $192,572
24.6%
Other Income $232,662
29.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $511,572
88.7%
Compensation of Officers* $234,400
40.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,944,489
Total Liabilities $0
Net Assets $18,944,489
Compensation
Key Employees and Officers Compensation Other
Mark Kotnour (Director) $93,350 $0
Richard Watkins (President And Director) $93,350 $0
Timothy Kotnour (Director) $36,600 $0
Sam Watkins (Director) $11,100 $0

Document Links

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,311,190
Expenses
$1,357,360
Net Income
-$46,170
Net Assets
$18,737,706
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $534,453
40.8%
Sales of Assets $656,909
50.1%
Other Income $119,828
9.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,230,464
90.7%
Compensation of Officers* $342,000
25.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,737,706
Total Liabilities $0
Net Assets $18,737,706
Compensation
Key Employees and Officers Compensation Other
Mark Kotnour (Director) $159,000 $0
Richard Watkins (President And Director) $159,000 $0
Sam Watkins (Director) $12,000 $0
Timothy Kotnour (Director) $12,000 $0

Document Links

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,365,222
Expenses
$1,300,790
Net Income
$1,064,432
Net Assets
$18,783,876
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $410,024
17.3%
Sales of Assets $1,955,198
82.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,189,364
91.4%
Compensation of Officers* $358,645
27.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,783,876
Total Liabilities $0
Net Assets $18,783,876
Compensation
Key Employees and Officers Compensation Other
Paul Cavanaugh (Vice President, Secretary,) $159,000 $0
Richard Watkins (President And Director) $159,000 $0
Mark Kotnour (Director) $40,645 $0

Document Links

Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,417,212
Expenses
$1,360,148
Net Income
$57,064
Net Assets
$17,719,443
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $568,011
40.1%
Sales of Assets $835,201
58.9%
Other Income $14,000
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,238,052
91.0%
Compensation of Officers* $457,125
33.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,719,444
Total Liabilities $1
Net Assets $17,719,443
Compensation
Key Employees and Officers Compensation Other
Richard Watkins (President And Director) $159,000 $0
Paul Cavanaugh (Vice President, Secretary,) $159,000 $0
Mark Kotnour (Director) $139,125 $0

Document Links

Fiscal Year Ending May
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$952,461
Expenses
$1,784,935
Net Income
-$832,474
Net Assets
$17,662,379
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $549,703
57.7%
Sales of Assets $402,758
42.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,650,712
92.5%
Compensation of Officers* $457,125
25.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,662,380
Total Liabilities $1
Net Assets $17,662,379
Compensation
Key Employees and Officers Compensation Other
Richard Watkins (President And Director) $159,000 $0
Paul Cavanaugh (Vice President, Secretary,) $159,000 $0
Mark Kotnour (Director) $139,125 $0

Document Links

Fiscal Year Ending May
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,200,411
Expenses
$1,703,879
Net Income
-$503,468
Net Assets
$18,494,854
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $522,936
43.6%
Sales of Assets $677,475
56.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,546,495
90.8%
Compensation of Officers* $444,907
26.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,494,854
Total Liabilities $0
Net Assets $18,494,854
Compensation
Key Employees and Officers Compensation Other
Richard Watkins (President And Director) $154,750 $0
Paul Cavanaugh (Vice President, Secretary,) $154,750 $0
Mark Kotnour (Director) $135,407 $0

Document Links

Fiscal Year Ending May
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,449,754
Expenses
$1,638,892
Net Income
-$189,138
Net Assets
$18,998,322
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $220,518
15.2%
Interest Revenue $0
Dividends $441,059
30.4%
Sales of Assets $788,177
54.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,510,248
92.2%
Compensation of Officers* $408,254
24.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,998,322
Total Liabilities $0
Net Assets $18,998,322
Compensation
Key Employees and Officers Compensation Other
Richard Watkins (President And Director) $142,000 $0
Paul Cavanaugh (Vice President, Secretary,) $142,000 $0
Mark Kotnour (Director) $124,254 $0

Document Links

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,301,685
Expenses
$1,626,915
Net Income
$12,674,770
Net Assets
$19,187,460
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $13,476,165
94.2%
Interest Revenue $0
Dividends $455,586
3.2%
Sales of Assets $369,934
2.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,505,800
92.6%
Compensation of Officers* $408,254
25.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $19,187,460
Total Liabilities $0
Net Assets $19,187,460
Compensation
Key Employees and Officers Compensation Other
Richard Watkins (President And Director) $142,000 $0
Paul Cavanaugh (Vice President, Secretary,) $142,000 $0
Mark Kotnour (Director) $124,254 $0

Document Links

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,053,027
Expenses
$1,528,525
Net Income
-$475,498
Net Assets
$9,847,533
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $271,555
25.8%
Sales of Assets $781,472
74.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,479,279
96.8%
Compensation of Officers* $408,254
26.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,847,533
Total Liabilities $0
Net Assets $9,847,533
Compensation
Key Employees and Officers Compensation Other
Richard Watkins (President And Director) $142,000 $0
Paul Cavanaugh (Vice President, Secretary, Treasurer) $142,000 $0
Mark Kotnour (Director) $124,254 $0

Document Links

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$717,376
Expenses
$1,504,884
Net Income
-$787,508
Net Assets
$10,323,031
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $226,329
31.5%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,429,546
95.0%
Compensation of Officers* $408,254
27.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,323,031
Total Liabilities $0
Net Assets $10,323,031

Document Links

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$872,157
Expenses
$1,350,105
Net Income
-$477,948
Net Assets
$11,110,538
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $306,517
35.1%
Sales of Assets $490,640
56.3%
Other Income $75,000
8.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,284,119
95.1%
Compensation of Officers* $365,000
27.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,110,539
Total Liabilities $1
Net Assets $11,110,538

Document Links

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$453,891
Expenses
$1,224,221
Net Income
-$770,330
Net Assets
$11,588,486
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $271,294
59.8%
Sales of Assets $180,145
39.7%
Other Income $2,452
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,161,908
94.9%
Compensation of Officers* $343,334
28.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,588,487
Total Liabilities $1
Net Assets $11,588,486

Document Links

Fiscal Year Ending May
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$612,931
Expenses
$1,246,204
Net Income
-$633,273
Net Assets
$12,358,816
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $271,384
44.3%
Sales of Assets $341,547
55.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,188,648
95.4%
Compensation of Officers* $322,500
25.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,358,817
Total Liabilities $1
Net Assets $12,358,816

Document Links

Fiscal Year Ending May
2010

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2009

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2008

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2007

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2006

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2005

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2004

No Extracted Financial Data

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

Document Links

Fiscal Year Ending May
2003

No Extracted Financial Data

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

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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