OVERVIEW: The Edward and Della Thome Memorial Foundation focuses disease-related grantmaking on conditions that mainly affect older people.
IP TAKE: This foundation accepts unsolicited grant applications, making it pretty accessible. That said, it is managed by Bank of America, so grantseekers may have a difficult time building a longterm funding relationship.
PROFILE: The Edward and Della Thome Memorial Foundation supports medical research into diseases that affect older adults. While the foundation does not name specific diseases in its guidelines, its latest tax filings indicate nothing out of the ordinary in this regard, with many grants going toward common diseases of old age, such as Alzheimer’s, blindness, and macular degeneration.
The Thome Memorial Foundations doesn’t award a large number of grants each year, usually around 20. However, grants can be substantial, often ranging from $100,000 to $2 million. Most grants tend to come in at $100,000 to $250,000.
The foundation does not place geographic restrictions on its grantmaking. But it appears to favor organizations located in major U.S. cities.
This is a low-profile funder, which does not have a website or formal paid staff. It is managed by Bank of America, which accepts unsolicited grant applications on the foundation’s behalf. There are no formal deadlines for applications, which are accepted throughout the year.
Edward and Della Thome Memorial Foundation
c/o Srilatha Lakkaraju, Bank of America
135 South LaSalle Street
Chicago, Illinois 60603