The Robert and Jane Toll Foundation

PHILADELPHIA, PA EIN: 23-2654322

The Robert and Jane Toll Foundation is a private grantmaking foundation established in 1991 and based in Philadelphia, Pennsylvania. It operates as a 501(c)(3) tax-exempt organization with tax-exempt status granted in February 1993.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$67.4M

+11.0% YoY

Annual Giving

$3.5M

+222.7% YoY

Grant Count

28

-26.3% YoY

Avg Grant Size

$123K

+337.9% YoY

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

Mission & Focus Areas

The foundation's mission is to provide giving primarily for:

  • Arts and cultural programs
  • Higher education
  • Health and human services

Grantmaking

As of fiscal year 2023:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AnnandaleonhudsonArlingtonBoca RatonBostonBrooklynCambridgeCarversvilleCascoCurpertinoElmsfordFarmington HillsFort CollinsFort WashingtonHagerstownHomesteadIrvineLong Island CityLos AngelesMiamiMiami Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19M$38M$57M$76M20202021202220232024
Metric202420232022
Total Assets$67,442,530$60,770,454$59,315,603
Revenue$10,383,922$2,635,613$6,421,038
Expenses$3,711,846$1,180,762$18,144,892
Qualifying Distributions$375,665$1,163,324$6,831,525
Net Investment Income$7,456,710$2,574,920$741,428
Distributable Amount$3,203,790$2,953,625$2,895,840

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$17M1 grants202041 grants202143 grants202238 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIVE TOGETHER FOUNDATION$3.2MTHE AMERICAN INDEPENDENT$55KBARD COLLEGE$50KKING'S ACADEMY$40KWIN (WOMEN IN NEED)$25KSHARING EXCESS$15KTHE SLU FOUNDATION$10KHUMAN RIGHTS WATCH$5KSTUDENT ADVOCACY$5KUNIVERSITY OF UTAH HEALTH$5K

Grant Size Distribution

151 grants across all recorded years

122<$50K10$50–100K11$100–250K$250–500K4$500K–1M2$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JANE TOLLPRESIDENT, SECRETARY, TREASURER2
MATTHEW H KAMENSDIRECTOR2
LESTER E LIPSCHUTZDIRECTOR2

Recent News & Activity

Recent developments and announcements

The Robert and Jane Toll Foundation made a $50 million gift to expand the Toll Public Interest Scholars and Fellows Program at the University of Pennsylvania's Carey Law School.

Robert and Jane Toll Foundation\u2019s $50 Million Gift to Expand Toll Public\

Contact Information

Address: c/o Cozen, 1650 Market Street, Philadelphia, PA 19103

Telephone: 215-665-2079

Related Funders

Similar funders by location and focus area

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

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