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Thompson Foundation

Profile

Last Updated: 2016-10-21

At A Glance

Thompson Foundation

(formerly Thompson-McCully Foundation)

P.O. Box 6349

Plymouth, MI United States 48170-0353

URL: www.thompsonfdn.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2015-12-31)

Assets: $41,211,783

Total giving: $675,763

EIN

383452577

BRIDGE Number

0171729354

Background

Established in 1999 in MI - Founded by Robert M. "Bob" Thompson and his wife Ellen A. Thompson. The Thompsons, along with Mr. Thompson's uncle, Wilford McCully, started the Thompson-McCully Co., a contract road paving company, in 1959. McCully left the company in 1960 but Robert Thompson stayed on, developing the company until it became Michigan’s largest asphalt paving company. Mr. Thompson helped lead the paving industry during his 40 years in business, serving as chairman of the National Asphalt Paving Foundation (NAPA), and president of the Michigan Road Builders Association, the Michigan Asphalt Pavement Association and the National Center for Asphalt Technology.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a PRI in the form of a loan to a community development entity to construct charter school building in Detroit, MI.

Fields of Interest

Subjects
  • Charter school education
  • Education
  • Elementary and secondary education
  • Higher education
  • Secondary education
  • University education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-12-31

Assets: $41,211,783 (market value)

Expenditures: $1,362,910

Total giving: $675,763

Qualifying distributions: $1,331,092