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Columbus W. Thorn, Jr. Foundation

Profile

Last Updated: 2016-05-29

At A Glance

Columbus W. Thorn, Jr. Foundation

109 E. Main St.

Elkton, MD United States 21921

Telephone: (410) 398-0611

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $28,960,106

Total giving: $783,650

EIN

237153983

BRIDGE Number

3348524205

Background

Established in 1971 in MD

Purpose and Activities

Awards educational loans to worthy and needy high school graduates of Cecil County, MD.

Program Area(s)

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

Grants to Individuals Program

Educational loans to worthy and needy high school graduates of Cecil County, MD.

Loan Program

Repayment of the loan is required within four years after completion or discontinuation of student's advanced education. Repayment is guaranteed by student's parents. Interest rate on the loan is five percent from graduation or discontinuation of study.

Fields of Interest

Subjects
  • Adult education

Financial Data

Year ended 2014-12-31

Assets: $28,960,106 (market value)

Gifts received: $793,346

Expenditures: $1,188,947

Total giving: $783,650

Qualifying distributions: $926,333