Toleo Foundation
Toleo Foundation is a private foundation based in Greensboro, North Carolina. Established in 1983, it operates as a 501(c)(3) tax-exempt organization with a focus on grantmaking in education, philanthropy, voluntarism, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+5.8% YoY
Annual Giving
$760K
-17.8% YoY
Grant Count
23
-11.5% YoY
Avg Grant Size
$33K
-7.1% YoY
Under IRS private-foundation payout rules, Toleo Foundation reported a distributable amount of $485K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not have a publicly stated mission statement on file. However, its primary funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- North Carolina
- New York
- Maryland
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $7,619,621
- Total Revenue: $1,233,765
- Total Expenses: $815,217
- Total Giving: $760,000
- Net Income: $418,548
- Total Liabilities: $0
Revenue Sources (2024):
- Investment income and dividends: $238,849
- Net gain from sale of non-inventory assets: $994,916
- Contributions received: $0
Staffing:
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,619,621 | $7,201,073 | $7,916,081 |
| Revenue | $1,233,765 | $262,775 | $36,531 |
| Expenses | $815,217 | $977,783 | $726,485 |
| Qualifying Distributions | $760,000 | $925,000 | $670,000 |
| Net Investment Income | $1,178,548 | $209,992 | $151,319 |
| Distributable Amount | $484,510 | $468,255 | $483,358 |
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
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cone Health Leonard Kaplan Heart Rehab Center 1000000 (2024-2028-20000 ($200,000), B'nai Shalom Day School ($60,000), Camp Ramah Darom Capital Campaign 300000 (2024-2029) - 50k Per Year ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE NEW YORK, NY | PROGRAM SUPPORT | $5,000 |
| BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NY | PROGRAM SUPPORT | $25,000 |
| B'NAI SHALOM DAY SCHOOL GREENSBORO, NC | PROGRAM SUPPORT | $60,000 |
| BOCA HELPING HANDS BOCA RATON, FL | PROGRAM SUPPORT | $12,500 |
| BOCA MUSEUM OF THE ARTS BOCA RATON, FL | PROGRAM SUPPORT | $5,000 |
| CAMP RAMAH DAROM CAPITAL CAMPAIGN 300000 (2024-2029) - 50K PER YEAR ATLANTA, GA | PROGRAM SUPPORT | $50,000 |
| CAMP RAMAH DAROM ATLANTA, GA | PROGRAM SUPPORT | $25,000 |
| CHABAD OF GREENSBORO - GAN ISRAEL DAY CAMP GREENSBORO, NC | PROGRAM SUPPORT | $25,000 |
| CHABAD OF GREENSBORO GREENSBORO, NC | PROGRAM SUPPORT | $25,000 |
| COMMUNITY LEGAL SERVICES OF PRINCE GEORGE'S COUNTY GREENBELT, MD | PROGRAM SUPPORT | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Randall Kaplan — President/Treasurer
- Lyn Chasen — Secretary
- Scott Kaplan — Vice President
The foundation is supported by the Estate of Tobee Kaplan.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANDALL KAPLAN | PRES/TREAS | 5 | — |
| LYN CHASEN | SECRETARY | — | — |
| SCOTT KAPLAN | VP | — | — |
Frequently Asked Questions
What does Toleo Foundation fund?
The foundation does not have a publicly stated mission statement on file. However, its primary funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Toleo Foundation?
**Grant Characteristics:** • Typical grant awards range from $1,000 to $240,000 • Median grant amount: $25,000 • Recent grant activity shows 21-26 grants distributed annually **Recent Grants (2024):** • Repair the World: $50,000 (Program Support) • Hillel International: $50,000 (Program Support) • Ready for School Ready for Life: $30,000 (Program Support) • United Way of Greater Greensboro (among grantees)
Where does Toleo Foundation make grants?
The foundation primarily funds organizations in: • North Carolina • New York • Maryland
What size grants does Toleo Foundation award?
In 2024, Toleo Foundation awarded 23 grants totaling $760K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Toleo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Toleo Foundation reported a distributable amount of $485K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Toleo Foundation'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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