Robert C and Susan M Savage
The Robert C and Susan M Savage Family Foundation is a private independent foundation established in 1997 and based in Toledo, Ohio. The foundation operates as a 501(c)(3) organization with tax-exempt status. It functions as a grantmaking foundation focused on philanthropic giving to organizations in the Toledo area and beyond.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+112.3% YoY
Annual Giving
$190K
-32.9% YoY
Grant Count
59
-1.7% YoY
Avg Grant Size
$3K
-31.8% YoY
Under IRS private-foundation payout rules, Robert C and Susan M Savage reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation makes grants for general use purposes. In 2023, the foundation made 55 grants totaling $282,657 in giving.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in the Toledo, Ohio area and Northwest Ohio region, though giving extends to other geographic areas as evidenced by support to the University of Maine.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of fiscal year ending November 2023:
- Total Assets: $1,994,630
- Total Revenues: $603,094
- Total Expenses: $310,015
- Total Liabilities: $0
- Total Grants Made: $282,657
Revenue composition (2023):
- Grants and contributions: $184,988
- Investment income and dividends: $41,723
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,233,963 | $1,994,630 | $1,701,551 |
| Revenue | $2,447,342 | $603,094 | $915,169 |
| Expenses | $208,009 | $310,015 | $1,105,589 |
| Qualifying Distributions | $205,355 | $297,853 | $1,092,089 |
| Net Investment Income | $2,286,525 | $402,910 | $658,365 |
| Distributable Amount | $210,110 | $214,500 | $227,332 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mom's House ($100,000), Gesu Church ($13,910), St Francis De Sales ($6,550).
| Recipient | Purpose | Amount |
|---|---|---|
| ANNUAL CATHOLIC APPEAL TOLEDO, OH | GENERAL USE | $6,100 |
| CENTRAL CATHOLIC HIGH SCHOOL TOLEDO, OH | GENERAL USE | $5,000 |
| CENTRAL CITY MINISTRIES OF TOLEDO TOLEDO, OH | GENERAL USE | $750 |
| CHERRY STREET MISSION MINISTRIES TOLEDO, OH | GENERAL USE | $2,500 |
| CHRIST CHILD SOCIETY OF TOLEDO TOLEDO, OH | GENERAL USE | $4,150 |
| GESU CHURCH TOLEDO, OH | GENERAL USE | $13,910 |
| GETTING BACK UP WESTLAKE, OH | GENERAL USE | $1,200 |
| LIVING CHRIST TOLEDO KENSINGTON, CT | GENERAL USE | $4,300 |
| MERCY HEALTH FOUNDATION CINCINNATI, OH | GENERAL USE | $4,000 |
| MOM'S HOUSE TOLEDO, OH | GENERAL USE | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Robert C and Susan M Savage are the principals of the foundation. Both have been recognized for their philanthropic contributions to the community.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT SAVAGE | PRESIDENT | — | — |
| SUSAN SAVAGE | SECRETARY | — | — |
| MICHELLE BISSELL | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
Robert and Susan Savage received the 2017 Outstanding Philanthropists Award from the Northwest Ohio Chapter of the Association of Fundraising Professionals in recognition of their generosity and community impact.
Robert & Susan Savage Receive Outstanding Philanthropist Award \u2013 SavageThe Savages have made significant personal philanthropic contributions beyond the foundation, including:
$1.1 million donation to the Glass City Metropark project (2022)
Bob and Sue Savage donate $1.1 million to Glass City Metropark project |$1 million donation to the University of Toledo
$1 million challenge gift to support the University of Maine men's ice hockey program
$1M Donation Launches 5-Year Endowment Drive for Men's Ice Hockey - UMaineThe couple supports numerous area organizations including the University of Toledo, Imagination Station, Toledo Lucas County Public Library, and the Toledo-area Christ Child Society.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Robert C and Susan M Savage?
The foundation makes grants for general use purposes. In 2023, the foundation made 55 grants totaling $282,657 in giving. **Recent grants (2023) include:** • Central Catholic High School: $100,000 • Toledo Museum of Art: $16,100 • Catholic Community Foundation - Ohio: $4,000 • Christ Child Society of Toledo: $3,600 The foundation supports a diverse range of organizations across education, arts, youth services, and religious/charitable causes.
Where does Robert C and Susan M Savage make grants?
The foundation primarily funds organizations in the Toledo, Ohio area and Northwest Ohio region, though giving extends to other geographic areas as evidenced by support to the University of Maine.
What size grants does Robert C and Susan M Savage award?
In 2024, Robert C and Susan M Savage awarded 59 grants totaling $190K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Robert C and Susan M Savage required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert C and Susan M Savage reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert C and Susan M Savage's EIN?
Robert C and Susan M Savage's EIN (Employer Identification Number) is 31-1488119. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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