Toledo Community Foundation Inc
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.
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.
About Toledo Community Foundation Inc
Based on IRS filings
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.
Ready to take the next step with Toledo Community Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sunshine Foundation Inc ($15,000), Toledo Museum of Art ($13,000), Greater Toledo Community Foundation Inc ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GOOD GRIEF OF NORTHWEST OHIO TOLEDO, OH | GENERAL SUPPORT | $1,000 |
| GREATER TOLEDO COMMUNITY FOUNDATION INC TOLEDO, OH | GENERAL SUPPORT | $2,000 |
| ST MICHAEL'S IN THE HILLS EPISCOPAL CHURCH TOLEDO, OH | GENERAL SUPPORT | $1,000 |
| SUNSHINE FOUNDATION INC MAUMEE, OH | GENERAL SUPPORT | $15,000 |
| TOLEDO ALLIANCE FOR THE PERFORMING ARTS TOLEDO, OH | GENERAL SUPPORT | $1,000 |
| TOLEDO MUSEUM OF ART TOLEDO, OH | GENERAL SUPPORT | $13,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MR MICHAEL GIBBONS | CHAIR | 0.25 | — |
| MR JAY MORGAN | VICE CHAIR | 0.25 | — |
| MRS TIFFANY E CAVANAUGH | SECRETARY | 0.25 | — |
| MRS BRANDI R CARSON | TREASURER | 0.25 | — |
| MS KATE SOMMERFELD | PRESIDENT | 2 | — |
| MR KEITH BURWELL | PRESIDENT THRU AUGUST 2024 | 2 | — |
| BINA JOE PH D | TRUSTEE | 0.25 | — |
| GREGORY C KASPER MD FACS | TRUSTEE | 0.25 | — |
| MR BRIAN A VALENTINE | TRUSTEE | 0.25 | — |
| MR HUSSIEN Y SHOUSHER | TRUSTEE | 0.25 | — |
| MR MICHAEL FISCHER | TRUSTEE THRU MARCH 2024 | 0.25 | — |
| MR SPENCER STONE | TRUSTEE | 0.25 | — |
| MRS MEG RESSNER | TRUSTEE | 0.25 | — |
| MS KAYE M ALDRIDGE PHD | TRUSTEE THRU MARCH 2024 | 0.25 | — |
| MRS KELLI WINSTON | TRUSTEE | 0.25 | — |
| MS LOIS E BINGHAM ESQ | TRUSTEE | 0.25 | — |
| MS PAMELA HERSHBERGER | TRUSTEE THRU MARCH 2024 | 0.25 | — |
| MR NATHAN ANDERSON | TRUSTEE | 0.25 | — |
| MS ELIZABETH LAVALLEY | TRUSTEE | 0.25 | — |
| MR EUGENIO MOLLO JR | TRUSTEE | 0.25 | — |
Frequently Asked Questions
How large is Toledo Community Foundation Inc?
As of 2024, Toledo Community Foundation Inc holds $473K in total assets with $35K in annual revenue. It awarded 6 grants totaling $33K in 2024.
Where does Toledo Community Foundation Inc operate?
Toledo Community Foundation Inc has awarded grants in Ohio.
What size grants does Toledo Community Foundation Inc award?
In 2024, Toledo Community Foundation Inc awarded 6 grants totaling $33K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Toledo Community Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Toledo Community Foundation Inc reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Toledo Community Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Stranahan Foundation
PERRYSBURG, OH
Assets
$124.0M
Grants
65
Total Given
$4.0M
Toledo Community Foundation Inc
TOLEDO, OH
Assets
$246.9M
Grants
406
Total Given
$17.8M
The O-i Charities Foundation
PERRYSBURG, OH
Assets
$187K
Grants
187
Total Given
$1.4M
Dana Charitable Foundation
NOVI, MI
Assets
$712K
Grants
70
Total Given
$345K
Clement O Miniger Memorial Foundati
HOLLAND, OH
Assets
$8.3M
Grants
29
Total Given
$883K
Hylant Family Foundation Inc
TOLEDO, OH
Assets
$204K
Grants
63
Total Given
$849K
The Andersons Fund Supporting
TOLEDO, OH
Assets
$4.2M
Grants
15
Total Given
$249K
The Oswald Supporting Organization
TOLEDO, OH
Assets
$2.9M
Grants
10
Total Given
$167K
Andersons Foundation
MAUMEE, OH
Assets
$9.6M
Grants
59
Total Given
$496K
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Promedica Health System Inc
TOLEDO, OH
Assets
$910.3M
Grants
16
Total Given
$1.3M
Toledo Classic Inc
TOLEDO, OH
Assets
$857K
Grants
5
Total Given
$335K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Toledo Community Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities