Olive & Eunice Toussaint Fdn Inv Agy

Foundation · Grantmaker Milwaukee, WI EIN: 27-3459246

The Olive I and Eunice J Toussaint Foundation Inc is a private foundation based in Milwaukee, Wisconsin. The organization operates as a 501(c)(3) tax-exempt entity and functions as an investment agency.

Key facts about Olive & Eunice Toussaint Fdn Inv Agy

EIN
27-3459246
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$318,100
Grants made (2024)
24
Average grant
$13,254
Median grant
$8,750
New grantees (estimate)
33% first-time grantees (8 of 24, 2024)
Total assets
$2,247,196
Primary geography
Wisconsin (81% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Olive & Eunice Toussaint Fdn Inv Agy funds

By grant dollars, the top recipient states for Olive & Eunice Toussaint Fdn Inv Agy's 24 itemized 2024 grants were Wisconsin (81%) and Texas (14%). The most frequent recipient cities were Milwaukee, WI (13 grants) and Madison, WI (3 grants). None of its 24 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (24 grants).

Is Olive & Eunice Toussaint Fdn Inv Agy open to new grantees?

33%

first-time grantees, 2024

In 2024, 8 of 24 grantees (33%) were first-time recipients. First grants averaged $6K; repeat grants $17K. How we count

Medians: $5K first-time, $10K repeat.

  • 46% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−13%). Method
  • In 2024 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-3.9% YoY

Annual Giving

$318K

+38.2% YoY

Grant Count

24

+33.3% YoY

Avg Grant Size

$13K

+3.7% YoY

Under IRS private-foundation payout rules, Olive & Eunice Toussaint Fdn Inv Agy reported a distributable amount of $235K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 24 itemized 2024 grant dollars.

Cities

MilwaukeeFranklinMadisonWaukeshaLos AngelesSaint FrancisAustinHartlandMenomonee FallsDelafieldBrookfieldElm GroveGraftonHales CornersWest ChicagoWest Milwaukee

Financial History

Multi-year comparison from IRS filings

The foundation filed a Form 990PF for the fiscal year ending December 2021. Financial documentation includes schedules for investments, corporate stock holdings, accounting fees, legal fees, professional fees, and taxes, indicating active management of assets and professional administration of the foundation's affairs.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$118K$237K$355K$473K20202021202220232024
Metric202420232022
Total Assets$2,247,196$2,339,264$2,477,151
Revenue$282,375$147,566$362,452
Expenses$374,443$285,453$359,855
Qualifying Distributions$318,100$230,100$299,200
Net Investment Income$226,032$95,840$306,591
Distributable Amount$235,377$207,960$221,033

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$91K$183K$274K$366K30 grants202027 grants202133 grants202218 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Francis De Sales Seminary: $60KSt Francis De Sales Seminary$60KResurrection Anglican Church: $45KResurrection Anglican Church$45KMilwaukee Public Museum: $35KMilwaukee Public Museum$35KTen Chimneys Foundation: $25KTen Chimneys Foundation$25KMarquette University: $20KMarquette University$20KAquinas Academy: $15KAquinas Academy$15KOne Worlds Childrens Fund: $15KOne Worlds Childrens Fund$15KConservancy Healing and Heritage: $10KConservancy Healing andHeritage$10KAll Hands Boatworks Inc: $10KAll Hands Boatworks Inc$10KPrevent Blindness Wisconsin: $10KPrevent Blindness Wisconsin$10K

Grant Size Distribution

132 grants across all recorded years

129<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Francis De Sales Seminary ($60,000), Resurrection Anglican Church ($45,000), Milwaukee Public Museum ($35,000).

RecipientPurposeAmount
ST FRANCIS DE SALES SEMINARY Saint Francis, WIPROGRAM SUPPORT$60,000
RESURRECTION ANGLICAN CHURCH Austin, TXPROGRAM SUPPORT$45,000
MILWAUKEE PUBLIC MUSEUM Milwaukee, WIPROGRAM SUPPORT$35,000
TEN CHIMNEYS FOUNDATION Waukesha, WIPROGRAM SUPPORT$25,000
MARQUETTE UNIVERSITY Milwaukee, WIPROGRAM SUPPORT$20,000
AQUINAS ACADEMY Menomonee Falls, WIPROGRAM SUPPORT$15,000
ONE WORLDS CHILDRENS FUND Los Angeles, CAPROGRAM SUPPORT$15,000
CONSERVANCY HEALING AND HERITAGE Franklin, WIPROGRAM SUPPORT$10,000
ALL HANDS BOATWORKS INC Milwaukee, WIPROGRAM SUPPORT$10,000
PREVENT BLINDNESS WISCONSIN Milwaukee, WIPROGRAM SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
David a AffeldtDirector1—
Thomas BoettcherDirector1—
Thomas TuttleDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What size grants does Olive & Eunice Toussaint Fdn Inv Agy award?

In 2024, Olive & Eunice Toussaint Fdn Inv Agy awarded 24 grants totaling $318K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Olive & Eunice Toussaint Fdn Inv Agy required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Olive & Eunice Toussaint Fdn Inv Agy reported a distributable amount of $235K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Olive & Eunice Toussaint Fdn Inv Agy's EIN?

Olive & Eunice Toussaint Fdn Inv Agy's EIN (Employer Identification Number) is 27-3459246. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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