CFT Foundation
Preselected recipients only
CFT Foundation is a private foundation in Mason City, Iowa. In tax year 2025 it gave $600,225 in 21 grants; the typical grant was $5,000 and the largest $300,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$600,225
- Number of grants21
- Typical grant$5,000
- Largest grant$300,000
- Assets$8.7 million
- New grantees81%
Giving in 2025 was up from $46,800 the year before.
81% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $218,114 | 34 | $7.3 million |
| 2024 | $46,800 | 15 | $9.5 million |
| 2025 | $600,225 | 21 | $8.7 million |
How to apply
CFT Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What CFT Foundation funds
Where it gives
Its grants went to recipients in 9 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 8 | $390,925 |
| New York | 4 | $65,000 |
| Kansas | 1 | $50,000 |
| Minnesota | 1 | $50,000 |
| Illinois | 2 | $22,000 |
| District of Columbia | 2 | $11,800 |
| Florida | 1 | $5,000 |
| Tennessee | 1 | $5,000 |
| Missouri | 1 | $500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Iowa Foundation University of Iowa Foundation | Gift | $300,000 |
| Alzheimer's Research Alzheimer's Research | Gift | $50,000 |
| American Red Cross Red Cross | Gift | $50,000 |
| Parkinsons Foundation Parkinsons Foundation | Gift | $50,000 |
| Wounded Warrior Wounded Warrior | Gift | $50,000 |
| Alight Alight | Gift | $20,000 |
| Meals on Wheels Meals on Wheels | Gift | $20,000 |
| ACLU ACLU | Gift | $10,000 |
| Blood Cancer United Blood Cancer United | Gift | $10,000 |
| Ronald McDonald House Ronald McDonald House | Gift | $10,000 |
| Mason City Foundation Mason City Foundation | Gift | $5,000 |
| Shriners Children's Shriners Children's | Gift | $5,000 |
| St Jude Childrens Research Hospital St Jude Childrens Research Hospital | Gift | $5,000 |
| UNICEF UNICEF | Gift | $3,000 |
| Doctors Without Borders Doctors Without Borders | Gift | $2,000 |
| Feeding America Feeding America | Gift | $2,000 |
| Humane Society of North Iowa Humane Society of North Iowa | Gift | $2,000 |
| Iowa State University Iowa State University | Gift | $2,000 |
| Toys for Tots Toys for Tots | Gift | $1,925 |
| Smile Train Smile Train | Gift | $1,800 |
| VFW Foundation VFW Foundation | Gift | $500 |
Officers and trustees
- Jill C Thoreson
- Joseph D Thoreson
- Erika Tristan
- Kirk Thoreson
Questions people ask
Does CFT Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does CFT Foundation give?
$600,225 in tax year 2025, across 21 grants, with a typical grant of $5,000.
Who runs CFT Foundation?
Its 2025 filing lists Jill C Thoreson (President), Joseph D Thoreson (Vice Preside), Erika Tristan (Secretary) and Kirk Thoreson (Treasurer).
What does CFT Foundation fund?
Based on its grants, mainly education, health and science and research.