Toleo Foundation
Toleo Foundation is a private foundation based in Greensboro, North Carolina. In 2025, it made 23 grants totaling $755,000 to charitable organizations, including organizations in education, community services, Jewish life, and health-related programming.
Toleo Foundation at a glance
In short: Toleo Foundation gave $755K across 23 grants in 2025 (avg $33K), mostly in North Carolina. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $755,000
- -0.7% vs 2024
- Grants made (2025)
- 23
- +0.0% vs 2024
- Average grant
- $32,826
- -0.7% vs 2024
- Median grant
- $25,000
- Total assets
- $7,914,941
- +3.9% vs 2024
- New grantees (estimate)
- 9% first-time grantees (2 of 23, 2025; small sample)
- Primary geography
- North Carolina (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Toleo Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 123 South Elm Street, Greensboro, NC 27401
Phone: (336) 273-4425
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Toleo Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Cone Health Leonard Kaplan Heart Rehab Center 1000000 (2024-2028-20000 ($200K). Together the top 10 received $560K.
Grant Size Distribution
117 grants across all recorded years
The most common grant size was under $50K: 88 grants of 117 (75%).
Geographic Focus
Where this funder awards grants
In 2025, 54% of grant dollars went to recipients in North Carolina, 14% to New York, 11% to Washington, DC, 10% to Georgia, and 5% to Florida.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Is Toleo Foundation open to new grantees?
9%
first-time grantees, 2025
In 2025, 2 of 23 grantees (9%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $20K; repeat grants $34K. How we count
Medians: $20K first-time, $25K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 151% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $595K (2021) to $925K (2023). In 2025 it made 23 grants totaling $755K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cone Health Leonard Kaplan Heart Rehab Center 1000000 (2024-2028-20000 Greensboro, NC | Program Support | $200,000 |
| Camp Ramah Darom Capital Campaign 300000 (2024-2029) - 50K per Year Atlanta, GA | Program Support | $50,000 |
| Chabad of Greensboro Greensboro, NC | Program Support | $50,000 |
| Hillel International Washington, DC | Program Support | $50,000 |
| Repair the World New York, NY | Program Support | $50,000 |
| Boca Helping Hands Boca Raton, FL | Program Support | $35,000 |
| So Others May Eat Washington, DC | Program Support | $35,000 |
| Noble Academy Greensboro, NC | Program Support | $30,000 |
| Out of Garden the Project Greensboro, NC | Program Support | $30,000 |
| Ready for School Ready for Life Greensboro, NC | Program Support | $30,000 |
Ready to take the next step with Toleo Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,914,941 | $1,135,839 | $840,519 | $755,000 | 23 | $755,000 | $1,079,902 | $500,887 |
| 2024 | $7,619,621 | $1,233,765 | $815,217 | $760,000 | 23 | $760,000 | $1,178,548 | $484,510 |
| 2023 | $7,201,073 | $262,775 | $977,783 | $925,000 | 26 | $925,000 | $209,992 | $468,255 |
| 2022 | $7,916,081 | $36,531 | $726,485 | $670,000 | 23 | $670,000 | $151,319 | $483,358 |
| 2021 | $8,606,035 | $540,494 | $650,843 | $595,000 | 22 | $595,000 | $481,496 | $535,551 |
| 2020 | $8,716,384 | $1,028,755 | $658,111 | $601,000 | 21 | — | $88,429 | $461,822 |
Under IRS private-foundation payout rules, Toleo Foundation reported a distributable amount of $501K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grants show support for organizations with varied missions. For example, Ready for School Ready for Life describes its work as creating a collaborative system of care for young children and families in Guilford County; Noble Academy describes its mission as supporting students with learning differences; and Boca Helping Hands describes its work as providing food, medical, and financial assistance, as well as education and job training.
Other 2025 grantees describe missions focused on Jewish service and community, educational trips to Israel, Jewish summer camps, and improving lives in Greensboro. These are the grantees’ stated missions, not stated priorities of the foundation.
Grantmaking
In 2025, the foundation reported 23 grants totaling $755,000. Grant amounts ranged from $1,000 to $200,000, with a median of $25,000. All listed purposes for the grants below were “program support.” Notable grants included $200,000 to Cone Health Leonard Kaplan Heart Rehab Center; $50,000 each to Camp Ramah Darom Capital Campaign, Chabad of Greensboro, Hillel International, and Repair the World; and $35,000 each to Boca Helping Hands and So Others May Eat. Other recipients included Noble Academy, Out of Garden The Project, and Ready for School Ready for Life, which each received $30,000.
Additional 2025 grants included $25,000 to Birthright Israel Foundation, Foundation for Jewish Camp, and United Way of Greater Greensboro, and $10,000 to Reut USA.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Randall Kaplan as president and treasurer, Lyn Chasen as secretary, and Scott Kaplan as vice president.
Toleo Foundation is led by Randall Kaplan, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Randall Kaplan
President & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Lyn Chasen
Secretary
On filings since 2020
No compensation reported
Scott Kaplan
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Toleo Foundation
How much does Toleo Foundation give each year?
Toleo Foundation gave $755K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $760K across 23 grants.
What is Toleo Foundation's typical grant size?
Toleo Foundation's median grant in 2025 was $25,000, and its average grant was $32,826, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Toleo Foundation that year got $20K on average.
Where does Toleo Foundation give grants?
Toleo Foundation gives mostly in North Carolina: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (14%) and District of Columbia (11%). The most frequent recipient cities were Greensboro, NC (8 grants), New York, NY (4 grants), Washington, DC (2 grants) and Atlanta, GA (2 grants).
Does Toleo Foundation give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on Toleo Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (22 grants).
Who are Toleo Foundation's largest grantees?
Toleo Foundation's largest 2025 grantees include Cone Health Leonard Kaplan Heart Rehab Center 1000000 (2024-2028-20000 ($200,000), Camp Ramah Darom Capital Campaign 300000 (2024-2029) - 50K per Year ($50,000) and Chabad of Greensboro ($50,000), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is Toleo Foundation?
Toleo Foundation reported $7.9M in total assets on its 2025 IRS Form 990-PF. It paid out $755K in qualifying distributions that year, against a required minimum of $501K (roughly 5% of its investment assets).
What does Toleo Foundation fund?
No foundation mission statement is provided. Its 2025 grants show support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Toleo Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Toleo Foundation's EIN?
Toleo Foundation's EIN (Employer Identification Number) is 58-1496345. IRS Form 990 filing data is available on this page for 2020–2025.
Does Toleo Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Explore Open Grants
Browse active grant opportunities in Toleo Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Greater Washington Community Foundation
Washington, DC
The Greater Washington Community Foundation supports nonprofits working across areas such as economic opportunity, education, health, arts, and human services, with an emphasis on equity and economic justice. Its 2025 grants had a median of $20,000, and it generally funds organizations serving DC, Montgomery County, Prince George’s County, and specified Northern Virginia communities; it offers scheduled open competitive grant rounds as well as invite-only opportunities.
Assets
$518.3M
Grants
1,417
Total Given
$116.9M
Arie and Ida Crown Memorial
Chicago, IL
Arie and Ida Crown Memorial supports education, the environment, health and human services, gun violence prevention, homelessness prevention, and Jewish community and Israel initiatives, with a strong focus on Chicago and giving across the U.S. and internationally. In 2024, its grants ranged from $500 to $3 million, with a median of $55,000. It uses an invitation-only process and does not accept unsolicited requests.
Assets
$1.4B
Grants
897
Total Given
$115.2M
The Arthur M Blank Family Foundation
Atlanta, GA
The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.
Assets
$466.3M
Grants
586
Total Given
$212.1M
Jewish Community Federation of San Francisco the Peninsula Marin & Sonoma
San Francisco, CA
The Federation funds Jewish life and identity, antisemitism response, crisis relief, human services, and justice and inclusion, with work in the Bay Area, Israel, and beyond. Its 2025 grants ranged from $5,050 to $2,405,915, with a median of $22,750. It frequently issues requests for proposals and welcomes inquiries about new Bay Area programs; no current organization grant opportunities were listed.
Assets
$2.0B
Grants
1,032
Total Given
$94.5M
The Jewish Federation of Greater Washington Inc
North Bethesda, MD
The Federation funds Jewish communal organizations and programs, including services for people in need, Jewish learning and engagement, youth and family programs, inclusion, community security, and work connecting the region with Israel and Jewish communities abroad. In 2025 it made 360 grants, with a median award of $20,000; grants ranged from $5,001 to $3.3 million, primarily supporting organizations in Greater Washington as well as national and international partners. It issues requests for proposals when opportunities are available; the profile does not state whether it accepts unsolicited funding requests.
Assets
$388.5M
Grants
360
Total Given
$34.1M
More similar funders
More Funders in North Carolina
Cite this profile
Grantable. (2026). Toleo Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/toleo-foundation-morg_dc8134da6aee4bca8efda1af43105f11
BibTeX
@misc{grantable_581496345_2026,
author = {{Grantable}},
title = {{Toleo Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/toleo-foundation-morg_dc8134da6aee4bca8efda1af43105f11},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Toleo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Toleo Foundation down — hundreds of funders to go?