Toyota Usa Foundation
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
22
+37.5% YoY
Avg Grant Size
$552K
-28.1% YoY
Mission & Focus Areas
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
- 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
States
Cities
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.
| 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
No grants recorded for .
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
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 - ToyotaRecent 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 - ToyotaDriving 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 - ToyotaThe 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 NewsroomData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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