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Toledo Community Foundation Supporting Organization

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113729710 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Toledo Community Foundation Supporting Organization?

The Toledo Community Foundation Supporting Organization serves as a facilitator for the Toledo Community Foundation, Inc., based in Northwest Ohio and Southeast Michigan. Its primary mission is to promote charitable giving by accepting donations of real property and selling these assets. The proceeds are then transferred to either a new or existing fund within the Toledo Community Foundation, Inc. This process aids in furthering the foundation's goal of serving the people in the mentioned regions. The organization's activities also include grant distributions, as outlined in their schedule.


Official website here: www.toledocf.org

Is Toledo Community Foundation Supporting Organization legitimate?

Toledo Community Foundation Supporting Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Community Foundation Supporting Organization submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.toledocf.org

What is the mission statement of Toledo Community Foundation Supporting Organization?

The Toledo Community Foundation Supporting Organization serves the purpose of furthering the mission of the Toledo Community Foundation, Inc. in benefiting the people of Northwest Ohio and Southeast Michigan. This is achieved by facilitating the donation of real property. When real estate assets are donated, the organization sells these assets and transfers the funds to a new or existing Toledo Community Foundation, Inc. fund. This process aids in supporting various initiatives and projects within the specified region. The organization's activities also include grant disbursements, as outlined in their schedule.


Official website here: www.toledocf.org

Who is the CEO of Toledo Community Foundation Supporting Organization?

Keith Burwell is the Chair of Toledo Community Foundation Supporting Organization.


Official website here: www.toledocf.org

What is the revenue of Toledo Community Foundation Supporting Organization?

Toledo Community Foundation Supporting Organization's revenue in 2022 was $1,801,613.


Official website here: www.toledocf.org

Who are the executives of Toledo Community Foundation Supporting Organization and what are their salaries?

There 5 volunteers at Toledo Community Foundation Supporting Organization.


Here are 7 key members and their salaries:


Mr Dennis Johnson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Mark Zyndorf (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr L Zac Isaac (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Rita Na Mansour (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Frank Jacobs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Keith Burwell (Treasurer)
  • Compensation: $0
  • Related: $269,786
  • Other: $57,664
Ms Kim Cryan (Cfo)
  • Compensation: $0
  • Related: $173,308
  • Other: $42,195


Official website here: www.toledocf.org

Where can I find the form 990 for Toledo Community Foundation Supporting Organization?

Toledo Community Foundation Supporting Organization's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.toledocf.org

Learn more at the official website: www.toledocf.org

Mission Statement of Toledo Community Foundation Supporting Organization

The Toledo Community Foundation Supporting Organization serves a crucial role in furthering the mission of the Toledo Community Foundation, Inc. This organization's primary objective is to facilitate the donation of real property. When real estate assets are donated, the Toledo Community Foundation Supporting Organization sells these assets and transfers the funds to a new or existing Toledo Community Foundation, Inc. fund. By doing so, it contributes to the organization's efforts to serve the people of Northwest Ohio and Southeast Michigan. The organization's programs, as outlined in their schedule I, involve grant payments, which they utilize to support various initiatives aligned with the broader mission of the Toledo Community Foundation, Inc.

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Impact




October, 2024

Toledo Community Foundation Supporting Organization significantly impacts the communities of Northwest Ohio and Southeast Michigan by facilitating the donation of real property. Through its efforts, the organization ensures that the donated assets are effectively sold, and the resulting funds are allocated to new or existing funds at the Toledo Community Foundation, Inc. This process enhances philanthropic support in the region, enabling a variety of programs and grants that address pressing community needs.

By streamlining the donation and sale of real estate, this organization plays a vital role in generating financial resources that sustain and expand the Foundation's mission. Their activities not only promote philanthropy but also foster a culture of giving, ultimately strengthening the social fabric of the communities they serve. This strategic approach to asset management widens the scope for impact, ensuring that the benefits of charitable donations are realized in tangible ways, supporting various initiatives that uplift local residents.




This information is meant to be a general summary of Toledo Community Foundation Supporting Organization. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,801,613 (2022)
Expenses
$1,534 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Gross Receipts: $1,801,613

Assets and Liabilities:

  • Total Assets: $1,801,853
  • Total Liabilities: $0
  • Net Assets: $1,801,853

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Organization Details

Founding Year

2004

Principal Officer

Keith Burwell

Main Address

300 MADISON AVENUE SUITE 1300, TOLEDO, OH, 43604

NTEE Category

Code: T113 - Philanthropy

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