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Filing year 2024

TOLEDO COMMUNITY FOUNDATION INC

Toledo, Ohio·EIN 23-7284004·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(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 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio.

President Thru August 2024
Above 90th percentile
$383k
$412k
Base
$303k
Bonus
$18k
Other
Benefits
$11k
Chief Financial Officer
Above 90th percentile
$261k
$280k
Base
$209k
Bonus
$5k
Other
Benefits
$13k
EVP Operations & Special Projects
Executive Vice President
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$162k
$174k
Base
$140k
Bonus
$2k
Other
Benefits
$12k
VP Community Investments
Board Vice President
Median to 75th percentile
$129k
$139k
Controller
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$127k
$137k
VP Philanthropic Services
Board Vice President
Median to 75th percentile
$123k
$132k
President
Median to 75th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TOLEDO COMMUNITY FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 54%.

$344k in 2023 to $383k in 2024.
  • Chief Financial Officer pay rose 16% from 2023 to 2024.
  • Executive Vice President pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TOLEDO COMMUNITY FOUNDATION INC

What does the Chief Executive Officer of TOLEDO COMMUNITY FOUNDATION INC earn?

In 2024, the Chief Executive Officer of TOLEDO COMMUNITY FOUNDATION INC received $382,946 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TOLEDO COMMUNITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Chief Executive Officer at TOLEDO COMMUNITY FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at TOLEDO COMMUNITY FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are TOLEDO COMMUNITY FOUNDATION INC's revenue and expenses?

In 2024, TOLEDO COMMUNITY FOUNDATION INC reported $40.8M in total revenue and $27M in total expenses on its IRS Form 990.

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