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

-26.3% YoY

Avg Grant Size

$123K

+337.9% YoY

Under IRS private-foundation payout rules, The Robert and Jane Toll Foundation reported a distributable amount of $3.2M for 2024 — the minimum it must pay out in qualifying distributions.

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

Pennsylvania $25.3M (83%)

New York $3.6M (12%)

Florida $534K (2%)

Massachusetts $512K (2%)

District of Columbia $395K (1%)

California $87K (0%)

Colorado $35K (0%)

Michigan $10K (0%)

+6 more states

States

California Colorado District of Columbia Florida Massachusetts Maryland Maine Michigan New Jersey New York Pennsylvania Utah Virginia Washington

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

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

151 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Five Together Foundation ($3,202,000), The American Independent ($55,000), Bard College ($50,000).

Recipient	Purpose	Amount
350ORG BOSTON, MA	GENERAL SUPPORT	$1,000
BARD COLLEGE ANNANDALEONHUDSON, NY	GENERAL SUPPORT	$50,000
CASA CORNELIA LAW CENTER SAN DIEGO, CA	GENERAL SUPPORT	$2,500
CASCO PUBLIC LIBRARY CASCO, ME	GENERAL SUPPORT	$1,000
EARTHJUSTICE SAN FRANCISCO, CA	GENERAL SUPPORT	$3,000
FARMERJAWN & FRIENDS FOUNDATION FUND PHILADELPHIA, PA	GENERAL SUPPORT	$1,667
FIVE TOGETHER FOUNDATION PHILADELPHIA, PA	SEE EXPENDITURE RESPONSIBILITY STATEMENT	$3,202,000
HUMAN RIGHTS CAMPAIGN FOUNDATION WASHINGTON, DC	GENERAL SUPPORT	$2,500
HUMAN RIGHTS WATCH NEW YORK, NY	GENERAL SUPPORT	$5,000
KING'S ACADEMY NEW YORK, NY	GENERAL SUPPORT	$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JANE TOLL	PRESIDENT, SECRETARY, TREASURER	2	—
MATTHEW H KAMENS	DIRECTOR	2	—
LESTER E LIPSCHUTZ	DIRECTOR	2	—

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

Frequently Asked Questions

What does The Robert and Jane Toll Foundation fund?

The foundation's mission is to provide giving primarily for: • Arts and cultural programs • Higher education • Health and human services

How do I apply for a grant from The Robert and Jane Toll Foundation?

As of fiscal year 2023: • **Total Assets:** $60.8 million • **Total Revenues:** $2.64 million • **Total Expenses:** $1.18 million • **Total Liabilities:** $0 Recent grant recipients and amounts include: • Seeds of Peace: $632,759 (2023) • Search for Common Ground: $100,000 (2023) • Bard College: $50,000 (2023) The foundation made approximately 29 grants in 2023, with total grant disbursements of approximately $1.62 million. In 2023, the foundation's revenue came primarily from: • Investment inc…

What size grants does The Robert and Jane Toll Foundation award?

In 2024, The Robert and Jane Toll Foundation awarded 28 grants totaling $3.5M — an average of about $123K per grant, based on its IRS Form 990 filings.

How much is The Robert and Jane Toll Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Robert and Jane Toll Foundation reported a distributable amount of $3.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Robert and Jane Toll Foundation's EIN?

The Robert and Jane Toll Foundation's EIN (Employer Identification Number) is 23-2654322. IRS Form 990 filing data is available on this page for 2020–2024.