Toniki Foundation

SCOTTSDALE, AZ EIN: 13-3508538

Toniki Foundation is a private foundation, based in SCOTTSDALE, AZ. IRS filing data is available for 2020. In 2020, it awarded 2 grants totaling $360K. Net investment income was $5K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$360K

Grant Count

Avg Grant Size

$180K

Under IRS private-foundation payout rules, Toniki Foundation reported a distributable amount of $16K for 2020 — the minimum it must pay out in qualifying distributions.

About Toniki Foundation

Based on IRS filings

Toniki Foundation is a private foundation, based in SCOTTSDALE, AZ. IRS filing data is available for 2020. In 2020, it awarded 2 grants totaling $360K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $360K (100%)

States

Washington

Cities

Federal Way

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$-752
Expenses	$378,277
Qualifying Distributions	—
Net Investment Income	$5,178
Distributable Amount	$16,269

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2020

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include World Vison Inc ($359,853), World Vision Inc ($45).

Recipient	Purpose	Amount
WORLD VISON INC FEDERAL WAY, WA	DISTRIBUTION OF ASSETS - CASH TO SUPPORT GENERAL OPERATIONS	$359,853
WORLD VISION INC FEDERAL WAY, WA	DISTRIBUTION OF ASSETS - CASH TO SUPPORT GENERAL OPERATIONS	$45

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
RONALD FORTI	TRUSTEE	0.75	$6,000

Frequently Asked Questions

Where does Toniki Foundation operate?

Toniki Foundation has awarded grants in Washington.

What size grants does Toniki Foundation award?

In 2020, Toniki Foundation awarded 2 grants totaling $360K — an average of about $180K per grant, based on its IRS Form 990 filings.

How much is Toniki Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Toniki Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.