Toledo Community Foundation Inc

Private foundation · Grantmaker Toledo, OH EIN: 34-6853247

Toledo Community Foundation Inc is a private foundation, based in Toledo, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $473K in total assets. In 2024, it awarded 6 grants totaling $33K. Net investment income was $26K.

Key facts about Toledo Community Foundation Inc

In short: Toledo Community Foundation Inc gave $33K across 6 grants in 2024 (avg $6K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
34-6853247
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$33,000
Grants made (2024)
6
Average grant
$5,500
Median grant
$1,500
Total assets
$473,312
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$473K

-1.6% YoY

Annual Giving

$33K

-53.9% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$6K

-53.9% YoY

Under IRS private-foundation payout rules, Toledo Community Foundation Inc reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

How Toledo Community Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+5%). Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 6 itemized grants.

States

Cities

ToledoMaumeePerrysburgWhitehouse

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2020 5 grants2021 0 grants2022 6 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $31K (2020) to $72K (2023). In 2024 it made 6 grants totaling $33K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Sunshine Foundation Inc: $15KSunshine Foundation Inc$15KToledo Museum of Art: $13KToledo Museum of Art$13KGreater Toledo Community Foundation Inc: $2KGreater Toledo CommunityFoundation Inc$2KGood Grief of Northwest Ohio: $1KGood Grief of Northwest Ohio$1KSt Michael's in the Hills Episcopal Church: $1KSt Michael's in the HillsEpiscopal Church$1KToledo Alliance for the Performing Arts: $1KToledo Alliance for thePerforming Arts$1K

The largest 2024 recipient was Sunshine Foundation Inc ($15K). Together the top 6 received $33K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sunshine Foundation Inc Maumee, OHGeneral Support$15,000
Toledo Museum of Art Toledo, OHGeneral Support$13,000
Greater Toledo Community Foundation Inc Toledo, OHGeneral Support$2,000
Good Grief of Northwest Ohio Toledo, OHGeneral Support$1,000
St Michael's in the Hills Episcopal Church Toledo, OHGeneral Support$1,000
Toledo Alliance for the Performing Arts Toledo, OHGeneral Support$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$473,312$480,936$509,350
Revenue$35,489$52,329$13,861
Expenses$43,113$80,743$11,040
Qualifying Distributions$33,000$71,544—
Net Investment Income$25,626$43,130$5,398
Distributable Amount$36,958$32,905$34,425

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Toledo Community Foundation Inc is led by Keith Burwell, President on every filing since 2020; none of the 20 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Keith Burwell

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kate Sommerfeld

    President

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Michael Gibbons

    Chair

    Trustee → Vice Chairman, 2021

    Vice Chairman → Chair, 2023

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Gregory C. Kasper Md Facs

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Kaye M. Aldridge PhD

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Pamela Hershberger

    Trustee

    Treasurer → Trustee, 2021

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Brian A. Valentine

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Hussien Y. Shousher

    Trustee

    Chairman → Trustee, 2023

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Spencer Stone

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Kelli Winston

    Trustee

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Michael Fischer

    Trustee

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Bina Joe Ph D.

    Trustee

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Lois E. Bingham Esq.

    Trustee

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Meg Ressner

    Trustee

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Elizabeth Lavalley

    Trustee

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Eugenio Mollo Jr.

    Trustee

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Nathan Anderson

    Trustee

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Jay Morgan

    Vice Chair

    Trustee → Treasurer, 2021

    Treasurer → Vice Chair, 2023

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Tiffany E. Cavanaugh

    Secretary

    Trustee → Secretary, 2023

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Brandi R. Carson

    Treasurer

    On filings since 2023

    0.3 hrs/week

    No compensation reported

Former officers (10)
  • Former: Pariss M. Coleman II (2020–2023) — Secretary
  • Former: Richard L. Arnos (2020–2023) — Trustee
  • Former: Bina Joe PhD (2021–2022) — Trustee
  • Former: Harold R. Howell Jr. (2022) — Trustee
  • Former: Bob Howell (2020–2021) — Trustee
  • Former: Diana Block (2020–2021) — Trustee
  • Former: Susan Farrell Palmer (2020–2021) — Trustee
  • Former: Zac Isaac (2020–2021) — Trustee
  • Former: Hussein Y. Shousher (2020) — Vice Chairman
  • Former: Richard J. Brunner (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Toledo Community Foundation Inc

How much does Toledo Community Foundation Inc give each year?

Toledo Community Foundation Inc gave $33K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $72K across 6 grants.

What is Toledo Community Foundation Inc's typical grant size?

Toledo Community Foundation Inc's median grant in 2024 was $1,500, and its average grant was $5,500, across 6 grants on its 2024 IRS Form 990-PF.

Where does Toledo Community Foundation Inc give grants?

Toledo Community Foundation Inc gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Toledo, OH (5 grants).

Does Toledo Community Foundation Inc give general operating support?

Yes: 100% of Toledo Community Foundation Inc's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Toledo Community Foundation Inc's largest grantees?

Toledo Community Foundation Inc's largest 2024 grantees include Sunshine Foundation Inc ($15,000), Toledo Museum of Art ($13,000) and Greater Toledo Community Foundation Inc ($2,000), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.

How large is Toledo Community Foundation Inc?

Toledo Community Foundation Inc reported $473K in total assets on its 2024 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Toledo Community Foundation Inc's EIN?

Toledo Community Foundation Inc's EIN (Employer Identification Number) is 34-6853247. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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