Marjorie E Thiel and Wilbert A Thiel Foundation

The Marjorie E Thiel and Wilbert A Thiel Foundation is a private independent foundation categorized under philanthropy, voluntarism, and grantmaking foundations. It is designated as a 501(c)(3) organization, which means donations to this foundation are tax deductible. The foundation is not listed in the IRS's most recent list of tax-exempt organizations, but it has filed tax returns in the past[1].

Background

The foundation was established by Marjorie E Thiel and Wilbert A Thiel. Wilbert "Bill" A. Thiel passed away on April 15, 2022, at the age of 84[3].

Financial Activities

As a private foundation, it reports financial data through Form 990-PF to the IRS. In the fiscal year ending December 2021, the foundation reported no contributions received and its primary source of income was interest revenue, totaling $12[1]. The majority of its expenses were dedicated to charitable disbursements, amounting to $135,512[1]. In previous years, the foundation also generated revenue from dividends and the sale of assets[1].

Governance

In prior years, Marjorie E Thiel and Wilbert A Thiel served as trustees of the foundation. There is no reported compensation for these roles[1].

Operations

While specific details about the foundation's operations and grant-making focus are limited, it operates as a private independent foundation, supporting various charitable causes. It does not have a publicly accessible website, and its most recent activities are not widely documented[1].

[1] https://projects.propublica.org/nonprofits/organizations/306000344 [2] https://www.thielfoundation.org [3] https://www.elmhurstfh.com/obituaries/Wilbert-Bill-A-Thiel?obId=24596771 [4] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?key=THIE010 [5] https://www.instrumentl.com/990-report/marjorie-e-thiel-and-wilbert-a-thiel-foundation