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Form 990-PFTax year 2025EIN 42-1519192

CFT Foundation

A private foundation in Mason City, IA. Its return for tax year 2025 lists 21 grants and $600,225 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests. It still lists the details below.

Restrictions
The foundation selects the charitable organizations to which it plans to contribute based on decisions made at directors' meetings. The donees may vary.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $600,225

    Grants listed
    21
    Assets, end of year
    $6,826,121

  • Tax year 2024

    $46,800

    Grants listed
    15
    Assets, end of year
    $7,343,540

  • Tax year 2023

    $218,114

    Grants listed
    34
    Assets, end of year
    $4,401,026

  • Tax year 2022

    $465,500

    Grants listed
    5
    Assets, end of year
    $4,283,432

  • Tax year 2021

    $430,800

    Grants listed
    5
    Assets, end of year
    $4,609,140

  • Tax year 2020

    $279,500

    Grants listed
    15
    Assets, end of year
    $3,657,299

  • Tax year 2019

    $189,000

    Grants listed
    13
    Assets, end of year
    $3,119,426

  • Tax year 2018

    $285,250

    Grants listed
    5
    Assets, end of year
    $2,685,635

Grants paid in 2025

21 grants, largest first

As listed on the return.

  1. University of Iowa FoundationIowa City, IA

    Gift

    $300,000
  2. Alzheimer's ResearchSt Paul, MN

    Gift

    $50,000
  3. American Red CrossDes Moines, IA

    Gift

    $50,000
  4. Parkinsons FoundationNew York, NY

    Gift

    $50,000
  5. Wounded WarriorTopeka, KS

    Gift

    $50,000
  6. AlightLincolnshire, IL

    Gift

    $20,000
  7. Meals on WheelsMason City, IA

    Gift

    $20,000
  8. ACLUNew York, NY

    Gift

    $10,000
  9. Blood Cancer UnitedRye Brook, NY

    Gift

    $10,000
  10. Ronald McDonald HouseDes Moines, IA

    Gift

    $10,000
  11. Mason City FoundationMason City, IA

    Gift

    $5,000
  12. Shriners Children'sTampa, FL

    Gift

    $5,000
  13. St Jude Childrens Research HospitalMemphis, TN

    Gift

    $5,000
  14. UNICEFNew York, NY

    Gift

    $3,000
  15. Doctors Without BordersNew York, NY

    Gift

    $2,000
  16. Feeding AmericaChicago, IL

    Gift

    $2,000
  17. Humane Society of North IowaMason City, IA

    Gift

    $2,000
  18. Iowa State UniversityAmes, IA

    Gift

    $2,000
  19. Toys for TotsMason City, IA

    Gift

    $1,925
  20. Smile TrainNew York, NY

    Gift

    $1,800
  21. VFW FoundationKansas City, MO

    Gift

    $500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $300,00080% of the total
  2. Medical research1 grant $50,00013% of the total
  3. Health2 grants $15,0004% of the total
  4. Environment1 grant $5,0001% of the total
  5. Animals1 grant $2,000<1% of the total
  6. Food and agriculture1 grant $2,000<1% of the total
  7. 1 other causes1 grant $2,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Iowa8 grants $390,925
  2. New York4 grants $65,000
  3. Kansas1 grant $50,000
  4. Minnesota1 grant $50,000
  5. Illinois2 grants $22,000
  6. District of Columbia2 grants $11,800
  7. Florida1 grant $5,000
  8. Tennessee1 grant $5,000
  9. Missouri1 grant $500

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jill C ThoresonPRESIDENT Hours 0Pay $0
  • Joseph D ThoresonVICE PRESIDE Hours 0Pay $0
  • Erika TristanSECRETARY Hours 0Pay $0
  • Kirk ThoresonTREASURER Hours 0Pay $0

The return

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