Toledo Classic Inc
Toledo Classic Inc is a 501(c)(3) nonprofit organization based in Toledo, Ohio. The organization has been tax-exempt since February 1987. It operates as a public charity with a primary focus on grantmaking and community support across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$857K
+7.6% YoY
Annual Giving
$335K
+80.6% YoY
Grant Count
5
-50.0% YoY
Avg Grant Size
$67K
+261.2% YoY
Mission & Focus Areas
Toledo Classic Inc's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Reproductive Health
- Human and Social Services
- Poverty Alleviation
The organization primarily funds initiatives in Ohio.
Grantmaking
Toledo Classic Inc announced a new tournament in the coming 2025, indicating ongoing community engagement and programming beyond traditional grantmaking.
Ready to take the next step with Toledo Classic Inc?
Geographic Focus
Where this funder awards grants
Toledo Classic Inc focuses its grantmaking primarily in Ohio, with a base of operations in Toledo.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
| Metric | Amount |
|---|---|
| Total Assets | $857,171 |
| Total Revenue | $5,796,303 |
| Total Expenses | $5,855,199 |
| Net Income | -$58,896 |
| Net Assets | $522,161 |
| Total Liabilities | $335,000 |
Revenue Composition (2024):
- Program Services: $5,781,421 (99.7% of total revenue)
- Contributions: $0
The organization's revenue is primarily derived from program services rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $857,171 | $796,557 | $1,236,342 |
| Revenue | $5,796,303 | $4,926,030 | $5,711,148 |
| Expenses | $5,855,199 | $5,099,310 | $5,811,933 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $14,882 | $14,707 | $14,903 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nationwide Children's Hospital - Toledo ($200,000), Ronald Mcdonald House Charities ($50,000), Promedica Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TOLEDO COMMUNITY FOUNDATION - JAMIE FARR SCHOLARSHIP FUND TOLEDO, OH | COLLEGE SCHOLARSHIPS | $15,000 |
| MAUMEE VALLEY HABITAT FOR HUMANITY MAUMEE, OH | SUPPORTS & ASSISTS MAUMEE VALLEY HABITAT FOR HUMANITY WOMEN'S BUILD | $20,000 |
| RONALD MCDONALD HOUSE CHARITIES TOLEDO, OH | CAPITAL FUNDS PROJECT | $50,000 |
| NATIONWIDE CHILDREN'S HOSPITAL - TOLEDO COLUMBUS, OH | SUPPORTS NATIONWIDE CHILDREN'S HOSPITAL - TOLEDO | $200,000 |
| PROMEDICA FOUNDATION TOLEDO, OH | SUPPORTS PROMEDICA RUSSELL J. EBEID CHILDREN'S HOSPITAL | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JUDD SILVERMAN | PRESIDENT | 40 | $265,308 |
| MARC STOCKWELL | TREASURER | 1 | — |
| STEVE POTURALSKI | SECRETARY | 1 | — |
| TONY CLARK | DIRECTOR | 1 | — |
| MIKE COLLINS | DIRECTOR | 1 | — |
| GARY GEIGER | DIRECTOR | 1 | — |
| JEFF COLE | DIRECTOR | 1 | — |
| GREG KASPER | DIRECTOR | 1 | — |
| MARK KNIERIM | DIRECTOR | 1 | — |
| KEVIN KORNOWA | DIRECTOR | 1 | — |
| STEPHEN WEIDNER | DIRECTOR | 1 | — |
| DIRK VANHEYST | DIRECTOR | 1 | — |
| DON RETTIG | DIRECTOR | 1 | — |
| ALEX GERKEN | DIRECTOR | 1 | — |
| ANDREW YOUNG | DIRECTOR | 1 | — |
| ANDREA GWYN | DIRECTOR | 1 | — |
| CHRIS DENMAN | DIRECTOR | 1 | — |
| ANDREA GURCSIK | DIRECTOR | 1 | — |
| MARK LOSS | DIRECTOR | 1 | — |
| SYDNEY WILLIAMS | CHAIRMAN OF THE BOARD | 1 | — |
| AARON BLY | DIRECTOR | 1 | — |
| BRAD HIRSCH | DIRECTOR | 1 | — |
| RON WELTY | DIRECTOR | 1 | — |
| NADIA ELWARDANY | DIRECTOR | 1 | — |
| ANGELA MINGO | DIRECTOR | 1 | — |
| RICK MLCEK | DIRECTOR | 1 | — |
| ROD FILCEK | DIRECTOR | 1 | — |
| TOMMY SULLINGER | DIRECTOR | 1 | — |
| JORDAN KOSIK | DIRECTOR | 1 | — |
| HOLLY BOWMAN | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
Toledo Classic Inc announced plans for a new tournament in 2025, demonstrating continued organizational activity and community engagement.
Valentine Theatre awarded $10k grant from Greater Toledo Community FoundationFrequently Asked Questions
What does Toledo Classic Inc fund?
Toledo Classic Inc's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Reproductive Health • Human and Social Services • Poverty Alleviation The organization primarily funds initiatives in Ohio.
How do I apply for a grant from Toledo Classic Inc?
**Grant Characteristics:** • Typical award range: $8,000–$200,000 • Total giving (2024): $335,000 **Recent Activity:** Toledo Classic Inc announced a new tournament in the coming 2025, indicating ongoing community engagement and programming beyond traditional grantmaking.
Where does Toledo Classic Inc make grants?
Toledo Classic Inc focuses its grantmaking primarily in Ohio, with a base of operations in Toledo.
What size grants does Toledo Classic Inc award?
In 2024, Toledo Classic Inc awarded 5 grants totaling $335K — an average of about $67K per grant, based on its IRS Form 990 filings.
What is Toledo Classic Inc's EIN?
Toledo Classic Inc's EIN (Employer Identification Number) is 34-1499072. 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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