Virginia B Toulmin Charitable
The Virginia B. Toulmin Charitable Foundation III is a private independent foundation based in Cresskill, New Jersey. Established in 2004 and tax-exempt since January 2004, the foundation was created through a charitable remainder trust established by Virginia B. Toulmin upon her death in 2010. The foundation is dedicated to transforming lives, enhancing social change, and cultivating a vibrant performing arts culture by partnering with impactful community-based organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$135.8M
+14.3% YoY
Annual Giving
$7.1M
+8.3% YoY
Grant Count
103
-1.0% YoY
Avg Grant Size
$69K
+9.4% YoY
Mission & Focus Areas
The foundation's mission is dedicated to transforming lives, enhancing social change, and cultivating a vibrant performing arts culture. The foundation focuses on three core priority areas:
- Women and Girl Empowerment
- Disadvantaged Youth
- Performing Arts — with an exclusive focus on advancing opportunities for women and nonbinary creative artists across theater, orchestra, opera, and dance
The foundation is distinguished as the only foundation in the performing arts dedicated exclusively to advancing opportunities for women and nonbinary creative artists.
Grantmaking
The foundation operates exclusively through an invitation-only model and does not accept unsolicited applications.
Average Grant
amounts vary based on program type and partnership structure
Ready to take the next step with Virginia B Toulmin Charitable?
Geographic Focus
Where this funder awards grants
The foundation has a national focus with some international activity, with particular concentration in New York, Florida, and New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $135,781,801
- Total revenues: $12,276,982
- Total expenses: $10,461,495
- Total giving: $7,102,573 to $7.9 million
Historical Assets (2023):
- Total assets: $119 million
- Revenue: $5.7 million
- Expenses: $9.67 million
- Total liabilities: $2.42 million
The foundation has granted over $100 million since its inception.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $135,781,801 | $118,805,246 | $118,425,188 |
| Revenue | $12,276,982 | $5,699,398 | $7,825,791 |
| Expenses | $10,461,495 | $9,668,950 | $7,936,609 |
| Qualifying Distributions | $7,890,533 | $7,232,061 | $6,763,983 |
| Net Investment Income | $10,614,725 | $3,907,852 | $7,520,881 |
| Distributable Amount | $6,408,745 | $5,980,537 | $6,590,834 |
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
250 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
The foundation is managed by trustees identified as Adams Roy M Et Al Ttee. The foundation operates with three employees and is characterized by trustees who are hands-on philanthropists deeply embedded in the communities they serve.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM S VILLAFRANCO | TRUSTEE/CEO | 35 | $300,000 |
| ALEXANDER C SANGER | TRUSTEE/COO | 30 | $175,000 |
| WALTER P MONTAIGNE | TRUSTEE | 15 | $115,000 |
Recent News & Activity
Recent developments and announcements
Girls Inc. members celebrated inaugural one-year scholarships to Young Chefs Academy, baking a special dessert in honor of Virginia B. Toulmin.
Girls Inc. members celebrated their inaugural one-year scholarships to Young\Marie Selby Botanical Gardens announced the Virginia B. Toulmin Leadership Scholarship for the 2025-26 academic year, continuing the program established to honor Selby Gardens President and CEO Jennifer O. Rominiecki.
Selby Gardens announces plans for Virginia B. Toulmin Leadership ScholarshipThe inaugural Virginia B. Toulmin Leadership Scholarship was awarded at Marie Selby Botanical Gardens in 2024.
Girls Inc. members celebrated their inaugural one-year scholarships to Young\Recent grants to Sarasota Orchestra ($175,000) and The Marie Selby Botanical Gardens ($175,000) demonstrate ongoing support for performing arts and botanical education initiatives.
Selby Gardens announces plans for Virginia B. Toulmin Leadership ScholarshipSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Virginia B Toulmin Charitable on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities