Mortar Board Alumni Tolo Foundation

Private foundation · Grantmaker Bellevue, WA EIN: 91-6054386

Mortar Board Alumni Tolo Foundation is a private foundation, based in Bellevue, WA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $75K. Net investment income was $117K.

Mortar Board Alumni Tolo Foundation at a glance

In short: Mortar Board Alumni Tolo Foundation gave $75K across 1 grant in 2025 (avg $75K), mostly in Washington. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$74,500
+18.3% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$74,500
+18.3% vs 2024
Median grant
$74,500
Total assets
$1,180,141
-1.9% vs 2024
Primary geography
Washington (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Mortar Board Alumni Tolo Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

See stmt attached: $75KSee stmt attached$75K

The largest 2025 recipient was See stmt attached ($75K).

Grant Size Distribution

5 grants across all recorded years

<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Seattle

How Mortar Board Alumni Tolo Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−4%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $59K (2021) to $78K (2022). In 2025 it made 1 grant totaling $75K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See stmt attached Seattle, WANone$74,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,180,141$44,016$88,145$74,5001$74,500$117,359$77,080
2024$1,202,707$33,074$77,158$63,0001$63,000$47,156$66,825
2023$1,132,806$23,674$82,658$71,0001$71,000$12,457$66,924
2022$1,202,540$22,824$91,372$77,5001$77,500$107,286$61,745
2021$1,172,119$24,272$73,994$59,0001—$562,721$54,577

Under IRS private-foundation payout rules, Mortar Board Alumni Tolo Foundation reported a distributable amount of $77K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Mortar Board Alumni Tolo Foundation's only listed officer is See, Various on the 2025 filing (uncompensated).

Officers on the 2025 filing

  • See

    Various

    New on the 2025 filing

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Mortar Board Alumni Tolo Foundation

How much does Mortar Board Alumni Tolo Foundation give each year?

Mortar Board Alumni Tolo Foundation gave $75K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $63K across 1 grant.

How large is Mortar Board Alumni Tolo Foundation?

Mortar Board Alumni Tolo Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $77K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Mortar Board Alumni Tolo Foundation operate?

Mortar Board Alumni Tolo Foundation has awarded grants in Washington.

What is Mortar Board Alumni Tolo Foundation's EIN?

Mortar Board Alumni Tolo Foundation's EIN (Employer Identification Number) is 91-6054386. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Mortar Board Alumni Tolo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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