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THAMAN FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
THAMAN FAMILY FOUNDATION (EIN 45-0669361)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-04
IRS object ID
202621279349100902
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-04T08:28:00-06:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN824116366PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SABLE GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line120515 SHAKER BLVDAddressLine1Txt
CitySHAKER HTSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44122ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450669361EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THAMAN FAMILY FOUNDATION ICABusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% MICHAEL THAMANInCareOfNm
Business Name ControlTHAMBusinessNameControlTxt
Phone4195364533PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12630 FALMOUTH ROADAddressLine1Txt
CityTOLEDOCityNm
State AbbreviationOHStateAbbreviationCd
ZIP436152212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL THAMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2162923550PhoneNum
Signature2026-04-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEN SABLEPreparerPersonNm
PTINP00638464PTIN
Phone2162923550PhoneNum
Preparation2026-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,224,483FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$109,960DividendsRevAndExpnssAmt
Dividends Net Invst Incm$109,960DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$446,389NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,250,505GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$446,389CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$556,349TotalRevAndExpnssAmt
Total Net Invst Incm$556,349TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$12,979OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$12,979OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$868TaxesRevAndExpnssAmt
Taxes Net Invst Incm$868TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$27,419OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$41,266TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$13,847TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,166,437ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,166,437ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,207,703TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$13,847TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,166,437TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$651,354ExcessRevenueOverExpensesAmt
Net Investment Income$542,502NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$117,950CashBOYAmt
Cash EOY$173,859CashEOYAmt
Cash EOYFMV$173,859CashEOYFMVAmt
Sav And Temp Cash Invst BOY$891,877SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$805,922SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$805,232SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,905,188OtherInvestmentsBOYAmt
Other Investments EOY$1,283,880OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,245,392OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,915,015TotalAssetsBOYAmt
Total Assets EOY$2,263,661TotalAssetsEOYAmt
Total Assets EOYFMV$3,224,483TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,915,015NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,263,661NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$2,915,015TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,263,661TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,915,015TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,263,661TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,915,015TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$651,354ExcessRevenueOverExpensesAmt
Subtotal$2,263,661SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,263,661TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICALLY TRADED SECURTIESP2018-09-052025-02-07$1,250,505$868,532$381,973$381,973
CAPITAL GAIN DISTRIBUTIONSP2025-01-012025-12-16$64,416$64,416$64,416
FieldValueIRS element (for citing)
Capital Gain Net Income$446,389CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$7,541InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$7,541SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$7,541TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,000TotalPaymentsAndCreditsAmt
Tax Due$3,541TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateOHOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksPNC BANK NAIndividualWithBooksNm
Phone6167718893PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1116 ALLEGHENY CENTER MALLAddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15212ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL THAMAN
410 N 1ST STREET APT 301ANN ARBORMI48103PRESIDENT TREASURER SECRETARY0.00$0$0$0
JOHN MELICK
C/O PNC BANK 116 ALLEGHENY CTRPittsburghPA15212DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,922,502AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,922,502TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,922,502AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$58,838CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,863,664NetVlNoncharitableAssetsAmt
Minimum Investment Return$193,183MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$193,183MinimumInvestmentReturnAmt
Tax Based On Investment Income$7,541TaxBasedOnInvestmentIncomeAmt
Total Tax$7,541TotalTaxAmt
Distributable Before Adj$185,642DistributableBeforeAdjAmt
Distributable Before Ded$185,642DistributableBeforeDedAmt
Distributable As Adjusted$185,642DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,166,437ExpensesAndContributionsAmt
Qualifying Distributions$1,166,437QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$185,642DistributableAsAdjustedAmt
Undistributed Income PY$91,005UndistributedIncomePYAmt
Qualifying Distributions$1,166,437QualifyingDistributionsAmt
Applied To Year1$91,005AppliedToYear1Amt
Applied To Current Year$185,642AppliedToCurrentYearAmt
Remaining Distri From Corpus$889,790RemainingDistriFromCorpusAmt
Total Corpus$889,790TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$889,790ExcessDistriCyovToNextYrAmt
Excess From Current Year$889,790ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
TOLEDO MUSEUM OF ART
2445 MONROE STREETTOLEDOOH43620NONEPCSTRATEGIC PLAN SUPPORT AND MEMBERSHIP$1,000,000
EVANS SCHOLAR FOUNDATION
2501 PATRIOT BLVDGLENVIEWIL600268022NONEPCINSTALLMENT OF PLEDGE$50,000
PRINCETON UNIVERSITY
100 OVERLOOK CENTERPRINCETONNJ08544NONEPCMICHAEL THAMAN VENTURE FORWARD SCHOLARSHIP$50,000
ST IGNATIUS HIGH SCHOOL
1911 W 30TH STREETClevelandOH44113NONEPCPLEDGE PAYMENT$3,000
THE CLEVELAND CLINIC FOUNDATION
9500 EUCLID AVEClevelandOH44195NONEPCGENERAL$40,887
SHOW HOPE
PO BOX 681748FranklinTN37068NONEPCGENERAL$12,500
TOLEDO BALLET
4747 HEATHERDOWNS BLVDTOLEDOOH43614NONEPCGENERAL$10,050
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,166,437TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$109,959ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$64,416ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$381,973ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$556,348ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$556,348TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemPNC 4664 MUT FUNDS EQUITYCategoryOrItemTxt
Book Value$1,283,880BookValueAmt
EOYFMV$2,245,392EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescDISRTIBUTION TO PF SPOUSEDesc
Revenue And Expenses Per Books$27,419RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TAX PREP$0$0$0$0
FEES ADVISOR$12,979$12,979$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TAXES PAID$0$0$0$0
FOREIGN TAXES ON QUALIFIED$868$868$0$0

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