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Filing year 2024

TOLEDO COMMUNITY FOUNDATION INC

Toledo, Ohio·EIN 23-7284004·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$40.8M
Total assets
$246.9M
Total expenses
$27M
Reported officers
25
Mission

THE TOLEDO COMMUNITY FOUNDATION, INC. A PUBLIC, CHARITABLE FOUNDATION 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 GRANT MAKING - 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 GRANT MAKING ORGANIZATIONS IN ORDER TO ACHIEVE EFFECTIVE AND EFFICIENT GRANT MAKING PRACTICES

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

President Thru August 2024
$383k
$412k
Base
$303k
Bonus
$18k
Other
Benefits
$11k
Chief Financial Officer
$261k
$280k
Base
$209k
Bonus
$5k
Other
Benefits
$13k
EVP Operations & Special Projects
executive vice president
$162k
$174k
Base
$140k
Bonus
$2k
Other
Benefits
$12k
VP Community Investments
vice president
$129k
$139k
Controller
highest compensated employee
$127k
$137k
VP Philanthropic Services
vice president
$123k
$132k
$105k
$113k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Up 11%
from 2023

From $344k in 2023 to $383k in 2024.

$344k
2023
$383k
2024
In today's dollarsEst.
Up 9% in real terms$380k to $412k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

TOLEDO COMMUNITY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.6M
$24.5M
2023
$40.8M
$27M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

Comparable philanthropy, voluntarism & grantmaking organizations in Ohio pay their highest-earning executive a median of $16,036.

25th percentile
$6k
Median
$16,036
75th percentile
$40k
90th percentile
$99k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 459 organizations across 459 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
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