Foams enhanced by nanoparticles (NPs) have become an important way to develop new type of fluorine-free firefighting foams. This study focuses on thermal stability of foams generated by the mixed dispersion of CoatOsil-77 silicone and BS-12 hydrocarbon surfactants as foaming agent and nano-magnesium hydroxide (nano-MDH) as foam stabilizer. The interaction between nano-MDHs and surfactants were studied. Thermal stability of nano-MDH enhanced foam was explored by investigating drainage and volume attenuation of foam and heat transfer in vertical foam blanket. Stabilization mechanism of nano-MDH enhanced foam under heat was clarified. Results show that nano-MDHs have a weak interaction with the BS-12 molecules and almost has no interaction with the CoatOsil-77 molecules. Initial foam height of mixed dispersion increases at the presence of nano-MDHs, but further increase in the concentration of nano-MDH decreases its foaming ability. At room temperature, foam drainage and coarsening are accelerated by low concentration nano-MDH (1 wt%) and delayed by high concentration nano-MDH (>1 wt%). Meanwhile, foam was strengthened by rising nano-MDH content after exceeding 1 wt%. Drainage and volume attenuation of foam and heat transfer in vertical foam blanket were significantly delayed and the corresponding thermal stability was strengthened by nano-MDHs. This study can offer a possibility for tuning thermal stability of fluorine-free foams based on nano-MDHs.