Toledo Community Foundation Inc
The Greater Toledo Community Foundation is a community foundation based in Toledo, Ohio, serving northwest Ohio and southeast Michigan. Founded in 1973, the organization has been operating for over 50 years and functions as a public charity and grantmaker supporting the region's nonprofit sector.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+1.4% YoY
Annual Giving
$77K
-73.2% YoY
Grant Count
25
-7.4% YoY
Avg Grant Size
$3K
-71.1% YoY
Under IRS private-foundation payout rules, Toledo Community Foundation Inc reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
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 focus areas include:
- Education
- Arts and Culture
- Health
- Social Services
- Neighborhood Revitalization
- Economic Well-being
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation manages over 1,000 funds and has granted more than $370 million throughout its history. Current annual investment in the community totals approximately $25 million.
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Geographic Focus
Where this funder awards grants
The foundation serves northwest Ohio and southeast Michigan, with grant-making activity also documented in California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $246,863,564 (as of most recent filing)
Annual Giving: Approximately $25 million invested into the community annually
Funds Under Management: Over 1,000 funds
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,706,327 | $1,683,347 | $1,808,103 |
| Revenue | $131,758 | $191,902 | $49,162 |
| Expenses | $108,778 | $316,658 | $35,213 |
| Qualifying Distributions | $77,134 | $288,000 | — |
| Net Investment Income | $101,764 | $163,244 | $22,993 |
| Distributable Amount | $130,135 | $116,709 | $122,530 |
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
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Learning Club of Toledo ($6,794), Tutorsmart ($5,995), Toledo Seagate Food Bank ($5,596).
| Recipient | Purpose | Amount |
|---|---|---|
| ADVOCATES FOR BASIC LEGAL EQUALITY INC TOLEDO, OH | GENERAL SUPPORT | $2,398 |
| ARTS COMMISSION OF GREATER TOLEDO INC TOLEDO, OH | GENERAL SUPPORT | $3,597 |
| BIG BROTHERS BIG SISTERS OF NORTHWEST OHIO TOLEDO, OH | GENERAL SUPPORT | $2,798 |
| BLACK SWAMP CONSERVANCY PERRYSBURG, OH | GENERAL SUPPORT | $3,197 |
| GRACE COMMUNITY CENTER TOLEDO, OH | GENERAL SUPPORT | $1,599 |
| GREAT LAKES COLLABORATIVE FOR AUTISM DBA AVENUES FOR AUTISM TOLEDO, OH | GENERAL SUPPORT | $1,599 |
| GREATER TOLEDO COMMUNITY FOUNDATION INC TOLEDO, OH | GENERAL SUPPORT | $5,595 |
| HOPE TOLEDO SERVICES TOLEDO, OH | GENERAL SUPPORT | $1,599 |
| HOSPICE OF NORTHWEST OHIO PERRYSBURG, OH | GENERAL SUPPORT | $3,197 |
| JUMPSTART INC CLEVELAND, OH | GENERAL SUPPORT | $799 |
Leadership & Key People
Leadership team and compensation from IRS filings
Community Investments & Grantmaking:
- Patrick Johnston, Vice President, Community Investments
- Cassandra Arnold, Scholarship Officer
- Elizabeth Salerno, Grantmaking Associate
- Renee Daley, Program Officer
- Hilary Ferencak, Program Officer
Operations & Support:
- Milva Valenzuela Wagner, Director, the Center for Nonprofit Resources
- Sarah Ronau, Director, Marketing & Communications
- Tammy Sprow, Controller
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 | — |
| MS 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 | — |
Recent News & Activity
Recent developments and announcements
**Arts and Culture Initiative (January 2026):** The Community Foundation launched an Arts and Culture Fund with $567,000+ in inaugural grants distributed to 15 organizations, supporting visual arts, music, theater, dance, literature, and other cultural activities.
Community Foundation awards 15 arts and culture grants totaling $568,000**Recent Grants:**
Valentine Theatre received a $10,000 grant (February 2026)
Valentine Theatre awarded $10k grant from Greater Toledo Community FoundationSix grants totaling $75,000 awarded (March 2025)
Community Foundation awards 15 arts and culture grants totaling $568,000**Community Programs:** The foundation operates the Center for Nonprofit Resources, a capacity-building initiative offering professional development, on-demand resources, and consulting services to local nonprofit organizations.
**Recognition:** The foundation maintains a four-star rating reflecting strong accountability and financial practices.
Frequently Asked Questions
What does Toledo Community Foundation Inc fund?
**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 focus areas include: • Education • Arts and Culture • Health • Social Services • Neighborhood Revitalization • Economic Well-being • Philanthropy, Voluntarism & Grantmaking • Human Serv…
How do I apply for a grant from Toledo Community Foundation Inc?
The foundation manages over 1,000 funds and has granted more than $370 million throughout its history. Current annual investment in the community totals approximately $25 million. **Grant Activity:** • Typical grant awards range from $5,026 to $2,328,874 • The foundation offers 15 live grant opportunities • Recent arts and culture grants totaled $567,000+ in inaugural funding, with 15 grants awarded • Nonprofit of the Year Awards provide unrestricted grants of $6,500 each to two deserving local…
Where does Toledo Community Foundation Inc make grants?
The foundation serves northwest Ohio and southeast Michigan, with grant-making activity also documented in California.
What size grants does Toledo Community Foundation Inc award?
In 2024, Toledo Community Foundation Inc awarded 25 grants totaling $77K — an average of about $3K 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 $130K 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 34-6853245. 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
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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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