Toledo Community Foundation

Toledo Community Foundation

Toledo, OH 43604
Tax ID23-7284004

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About this organization

Revenue

$25,181,127

Expenses

$19,103,591

Mission

Toledo Community Foundation, Inc. is a public, charitable foundation which exists to improve the quality of life in the region by: Providing a flexible, informed, effective means for donors to achieve their charitable goals in perpetuity; Addressing the changing needs of the region through efficient, prudent, high impact grantmaking; Serving as a source of information about and as a catalyst in shaping the region's response to those needs; and Facilitating the work of other grantmaking organizations in order to achieve effective and efficient grantmaking practices.

About

This organization is a public charitable corporation serving the people of Northwest Ohio and Southeast Michigan. Funds are expended for deserving civic, charitable and benevolent purposes for the betterment of the community and residents.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “The toledo community foundation, inc. was created to enrich the quality of life for individuals and families in our region.”.

When explaining its purpose, the activities were outlined as: “The primary exempt purpose of the organization is to enrich the quality of life in northwest ohio and southeast michigan by providing financial support to initiate programs that address the changing needs of our region.”.

  • As per legal reporting requirements, the state of operation for the non-profit is OH.
  • The non-profit's address for 2020 is listed as 300 MADISON AVENUE SUITE 1300, TOLEDO, OH, 43604 in the filing.
  • As per the non-profit's form, they have 21 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $6,077,536.
  • The organization has 15 independent voting members.
  • The organization was formed in 1973.
  • The organization pays $1,749,569 in salary, compensation, and benefits to its employees.
  • The organization pays $10,308 in fundraising expenses.

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