Toyota Usa Foundation

PLANO, TX EIN: 95-3255038 Website

The Toyota USA Foundation is a private corporate foundation established in 1987 with headquarters at 6565 Headquarters Drive, Plano, Texas 75024-5965. The foundation operates as a 501(c)(3) organization and serves as the philanthropic arm of Toyota's community engagement efforts in the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$156.3M

+4.4% YoY

Annual Giving

$12.1M

-1.2% YoY

Grant Count

+37.5% YoY

Avg Grant Size

$552K

-28.1% YoY

Under IRS private-foundation payout rules, Toyota Usa Foundation reported a distributable amount of $7.4M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Core funding priorities include:

STEM education and workforce readiness
Programs serving under-resourced and diverse student populations
Educational initiatives addressing barriers to student success
Sustainable programs in communities where Toyota team members live and work

Grantmaking

The foundation made notable grants in 2024, including:

Grant Range

$50,000 to $9,300,000 (multi-year commitments)

Average Grant

amounts vary significantly by project

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation maintains a national focus on the United States with particular emphasis on Toyota operating communities. Recent expansion of the Driving Possibilities initiative includes activity in Kentucky, Indiana, Texas, Georgia, and San Antonio.

Grant Distribution by State

Texas $8.2M (20%)

Indiana $7.4M (18%)

Michigan $4.1M (10%)

Alabama $3.9M (10%)

Kentucky $3.6M (9%)

Arizona $2.2M (6%)

Georgia $2.1M (5%)

District of Columbia $1.9M (5%)

+15 more states

Cities

Ann ArborAtlantaAustinBaltimoreBronxCarolinaCedar RapidsChandlerChevy ChaseCommerceCynthianaDallasDetroitEl PasoEvansvilleFlintFriscoFultonGapGeorgetown

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (Fiscal Year Ending June 2024):

Total assets: $156,316,142
Total revenue: $11,182,170
Total expenses: $28,566,293
Net income: -$17,384,123
Net assets: $121,134,884

Notable Revenue Sources:

Contributions received: $6,467,400

The foundation was created from deferred federal excise tax resources.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$156,316,142	$149,670,680	$101,193,707
Revenue	$11,182,170	$72,787,106	$2,324,919
Expenses	$28,566,293	$30,603,429	$1,446,493
Qualifying Distributions	$12,198,203	$12,328,149	$1,843,503
Net Investment Income	$5,435,164	$3,944,775	$7,316,741
Distributable Amount	$7,433,216	$7,303,175	$5,519,678

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

121 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fulton Education Foundation ($2,098,013), Eastern Michigan University Foundation ($1,780,000), Evsc Foundation ($1,341,354).

Recipient	Purpose	Amount
FULTON EDUCATION FOUNDATION ATLANTA, GA	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$2,098,013
EASTERN MICHIGAN UNIVERSITY FOUNDATION YPSILANTI, MI	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$1,780,000
EVSC FOUNDATION EVANSVILLE, IN	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$1,341,354
HUNTSVILLE MADISON COUNTY CHAMBER OF COMMERCE FOUNDATION HUNTSVILLE, AL	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$1,086,332
CHANDLER EDUCATION FOUNDATION CHANDLER, AZ	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$873,322
LEE COUNTY SCHOOL DISTRICT TUPELO, MS	IDENTIFY AND REMOVE TRANSPORTATION BARRIERS TO ACCESS HIGH QUALITY STEM EDUCATION FOR STUDENTS AND FAMILIES IN LOW SOCIOECONOMIC AND UNDERREPRESENTED COMMUNITIES.	$592,047
TEMPE IMPACTS EDUCATION FOUNDATION TEMPE, AZ	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$583,016
SHIFT EDUCATION GREENSBORO, NC	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$529,500
YOUTH FIRST INC EVANSVILLE, IN	PROVIDE HIGH-QUALITY BEHAVIORAL AND MENTAL HEALTH SUPPORT TO LEARNERS, TEACHERS, AND FAMILIES TO ADDRESS THE MENTAL HEALTH CRISIS.	$462,859
UNIVERSITY OF EVANSVILLE EVANSVILLE, IN	CLOSE THE STEM GAP FOR DIVERSE STUDENTS BY REMOVING BARRIERS THAT PREVENT ACCESS TO STEM. THIS INCLUDES CREATING INNOVATIVE, HANDS-ON STEM PROGRAMMING, ASSISTING IN PROFESSIONAL AND LEADERSHIP DEVELOPMENT, CREATING/ASSISTING IN AFTER-SCHOOL AND ON CAMPUS SUPPORT, AS WELL AS MOBILITY AND BASIC NEED ASSISTANCE.	$368,179

Leadership & Key People

Leadership team and compensation from IRS filings

Tellis Bethel serves as Chief Diversity Officer and Group Vice President of Social Innovation, leading the foundation's strategic direction and initiatives.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MIKE GOSS	PRESIDENT & DIRECTOR	2.5	—
LESLEY LURIE	SECRETARY	2.5	—
COLLEEN BLOCH	TREASURER & DIRECTOR	2.5	—
NORM BAFUNNO	DIRECTOR	2.5	—
ELLEN FARRELL	DIRECTOR	2.5	—
SANDY LOBENSTEIN	DIRECTOR	2.5	—
JEFF MAKAREWICZ	DIRECTOR	2.5	—
DEJUAN ROSS	DIRECTOR	2.5	—
SEAN SUGGS	DIRECTOR	2.5	—
TOM TRISDALE	DIRECTOR	2.5	—
TERRI VON LEHMDEN	DIRECTOR	2.5	—
HOLLY WALTERS	DIRECTOR	2.5	—

Recent News & Activity

Recent developments and announcements

2022

The foundation has significantly expanded its community impact through the **Driving Possibilities** initiative, a $110 million commitment launched in 2022 to prepare youth for high-demand careers while addressing barriers to success.

Toyota Accelerates Community Impact: Awards $1.9 Million in Grants - Toyota

Recent expansion announcements include:

Driving Possibilities expansion to San Antonio with up to $6.5 million in grants for workforce readiness initiatives

Toyota Accelerates Community Impact: Awards $1.9 Million in Grants - Toyota

Driving Possibilities launch in Georgia

Partnership with University of Evansville on Driving Possibilities in Indiana

Multiple grant awards totaling millions of dollars across various communities

Toyota Accelerates Community Impact: Awards $1.9 Million in Grants - Toyota

The foundation continues to actively engage with communities through strategic partnerships and maintains focus on building sustainable programs in Toyota operating regions.

Toyota USA Foundation Announces $1.3 Million in New Grants - Toyota USA Newsroom

Frequently Asked Questions

What does Toyota Usa Foundation fund?

The foundation supports programs designed to promote STEM education from preschool through post-secondary education. The foundation's primary purpose is to fund education solutions for families to eradicate poverty through teaching and research by creating and imparting knowledge. Core funding priorities include: • STEM education and workforce readiness • Programs serving under-resourced and diverse student populations • Educational initiatives addressing barriers to student success • Sustainab…

How do I apply for a grant from Toyota Usa Foundation?

**Grant Characteristics:** • Grant range: $50,000 to $9,300,000 (multi-year commitments) • Average grant amounts vary significantly by project • Decision timeline: 2-3 months from submission **Recent Grant Activity:** The foundation made notable grants in 2024, including: • Fulton Education Foundation: $2,098,013 for closing the STEM gap for diverse students through innovative hands-on STEM programming, professional development, after-school support, and assistance with mobility and basic needs…

Where does Toyota Usa Foundation make grants?

What size grants does Toyota Usa Foundation award?

In 2024, Toyota Usa Foundation awarded 22 grants totaling $12.1M — an average of about $552K per grant, based on its IRS Form 990 filings.

How much is Toyota Usa Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Toyota Usa Foundation reported a distributable amount of $7.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.