Toledo Community Foundation Inc logo

Toledo Community Foundation Inc

TOLEDO, OH EIN: 23-7284004 Website

The Greater Toledo Community Foundation is a public charitable corporation and community foundation based in Toledo, Ohio. Established in 1973, the organization serves as a philanthropic intermediary connecting donors with causes and community needs across northwest Ohio and southeast Michigan. The foundation operates as a catalyst for regional transformation, working with donors, nonprofit organizations, and community leaders to address the region's most pressing challenges.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$246.9M

+5.9% YoY

Annual Giving

$17.8M

+12.1% YoY

Grant Count

406

+10.9% YoY

Avg Grant Size

$44K

+1.1% YoY

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

Mission & Focus Areas

Mission: The Community Foundation creates opportunities, connects generosity and inspires collective action, amplifying impact to strengthen our region.

Vision: A vibrant region where all people thrive.

Core Values: Innovation, integrity, excellence and collaboration.

The foundation's primary funding areas include:

  • Education
  • Arts and Culture
  • Health and Human Services
  • Neighborhood Revitalization
  • Economic Well-being
  • Philanthropy, Voluntarism & Grantmaking

Grantmaking

The foundation distributes approximately **$25 million annually** into the community.

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Geographic Focus

Where this funder awards grants

The foundation serves:

  • Northwest Ohio
  • Southeast Michigan
  • Primary service area: Toledo, Ohio region

Grant Distribution by State

40states
+32 more states

Cities

AdrianAlexandriaAnn ArborArchboldArleeArlingtonArvadaAshevilleAshlandAtlantaAuroraAvon LakeBaltimoreBereaBismarckBooneBowling GreenBozemanBroadview HeightsBrooklyn

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $246,863,564
  • Total Revenues: $40,802,522
  • Total Expenses: $27,018,966
  • Total Liabilities: $0

Historical Context:

  • Total funds granted to date: More than $370 million
  • Total assets across all funds: Over $560 million
  • Staff: 23 employees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$44M$67M$89M20202021202220232024
Metric202420232022
Total Assets$246,863,564$233,080,008$231,010,363
Revenue$40,802,522$26,579,507$26,939,369
Expenses$27,018,966$24,509,862$23,002,872
Qualifying Distributions
Net Investment Income$9,368,504$8,622,363$6,090,109
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$18M327 grants2020318 grants2021371 grants2022366 grants2023406 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN HORSE TRIALS FO…$7KMARNE UNITED METHODIST C…$7KMARS HILL MINISTRIES DBA…$7KROTARY CLUB OF PORT CLIN…$7KCOLD CREEK FOUNDATION$7KST JOHNS UNITED CHURCH O…$7KTEMPLE CONGREGATION SHOM…$7KAMERICAN HEART ASSOCIATION$7KST PAUL LUTHERAN SCHOOL$6KANNUNCIATION RADIO$6K

Grant Size Distribution

250 grants across all recorded years

208<$50K34$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

23 open opportunities from Toledo Community Foundation Inc

Show all 23 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Kate Sommerfeld - President and CEO
  • Kimberly Cryan - Chief Financial Officer
  • Patrick Johnston - Vice President, Community Investments
  • Cassandra Arnold - Scholarship Officer
  • Elizabeth Salerno - Grantmaking Associate
  • Milva Valenzuela Wagner - Director, the Center for Nonprofit Resources
  • Renee Daley - Program Officer
  • Hilary Ferencak - Program Officer
  • Tammy Sprow - Controller

Compensation Overview

From 2024 IRS filing

MR KEITH BURWELLPRESIDENT THRU AUGUST 2024$321KMRS KIMBERLY CRYANCHIEF FINANCIAL OFFICER$214KABBY ALDRIDGEEVP OPERATIONS & SPECIAL PRO…$142KTAMMY SPROWCONTROLLER$113KPATRICK JOHNSTONVP COMMUNITY INVESTMENTS$112KKURSTYN LOEFFLERVP PHILANTHROPIC SERVICES$110KMS KATE SOMMERFELDPRESIDENT$104K

From 2024 filing

NameTitleHoursCompensation
MR KEITH BURWELLPRESIDENT THRU AUGUST 202450$321,294
MRS KIMBERLY CRYANCHIEF FINANCIAL OFFICER45$214,109
ABBY ALDRIDGEEVP OPERATIONS & SPECIAL PROJECTS40$142,045
PATRICK JOHNSTONVP COMMUNITY INVESTMENTS40$111,623
TAMMY SPROWCONTROLLER40$113,031
KURSTYN LOEFFLERVP PHILANTHROPIC SERVICES40$110,000
MS KATE SOMMERFELDPRESIDENT50$104,007
MR MICHAEL GIBBONSCHAIRMAN0.75
MR JAY MORGANVICE CHAIRMAN0.75
MRS TIFFANY E CAVANAUGHSECRETARY0.75
MRS BRANDI R CARSONTREASURER0.75
MR HUSSIEN Y SHOUSHERTRUSTEE0.75
MS PAMELA HERSHBERGERTRUSTEE THRU MARCH 20240.75
DR BINA JOE PHDTRUSTEE0.75
DR GREGORY C KASPER MD FACSTRUSTEE0.75
MRS KAYE M ALDRIDGE PHDTRUSTEE THRU MARCH 20240.75
MR SPENCER STONETRUSTEE0.75
MR BRIAN A VALENTINETRUSTEE0.75
MS KELLI WINSTONTRUSTEE0.75
MR MICHAEL FISCHERTRUSTEE THRU MARCH 20240.75
MS LOIS E BINGHAM ESQTRUSTEE0.75
MRS MEG RESSNERTRUSTEE0.75
MR NATHAN ANDERSONTRUSTEE0.75
MS ELIZABETH LAVALLEYTRUSTEE0.75
MR EUGENIO MOLLO JRTRUSTEE0.75

Recent News & Activity

Recent developments and announcements

The foundation has recently launched and expanded its Arts and Culture Fund, awarding $568,000 in inaugural grants to support charitable organizations, projects, and programs that promote and enrich arts and culture throughout the region. Grant recipients have included local cultural institutions and performing arts organizations.

Community Foundation awards 15 arts and culture grants totaling $568,000

The foundation has also undertaken sustainability initiatives, including a solar project partnership with the Toledo Zoo designed to generate grant dollars through renewable energy.

Community Foundation awards 15 arts and culture grants totaling $568,000

Contact Information

Address: 300 Madison Ave., Suite 1300, Toledo, OH 43604

Phone: 419-241-5049

Center for Nonprofit Resources: 419-241-9513

Email: toledocf@toledocf.org

Website: toledocf.org

Subject Areas

Focus areas based on grantmaking activity

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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