The Toy Foundation Inc

Organization Overview

The Toy Foundation Inc is located in New York, NY. The organization was established in 1964. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Toy Foundation Inc generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Toy Foundation Inc has awarded 677 individual grants totaling $194,500,664. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE TOY FOUNDATION'S MISSION IS TO BRING JOY, COMFORT AND LEARNING TO CHILDREN IN NEED THROUGH THE EXPERIENCE OF TOYS AND PLAY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TOY BANK IS THE FOUNDATION'S SIGNATURE PROGRAM. MILLIONS OF BRAND-NEW TOYS ARE DONATED EACH YEAR TO THE TOY BANK BY TOY MANUFACTURERS, DISTRIBUTORS, LICENSORS AND RETAILERS. THE FOUNDATION DISTRIBUTES THEM, WITH LOGISTICAL ASSISTANCE FROM DELIVERING GOOD, GEAR THE WORLD AND WORLD VISION, TO CHARITIES SERVING CHILDREN IN POVERTY, KIDS IN HOSPITALS, FOSTER CHILDREN, MILITARY FAMILIES AND CHILDREN SUFFERING IN THE WAKE OF NATURAL DISASTERS. THE FOUNDATION SERVED NEARLY ONE MILLION CHILDREN IN NEED AROUND THE WORLD IN 2021 THROUGH MORE THAN 25 CHILDREN'S CHARITIES ACROSS THE COUNTRY.


THE TOY FOUNDATION CREATED THE CHILDREN'S HOSPITAL PLAY GRANTS PROGRAM TO BRING THE HEALING POWER OF PLAY TO CHILDREN IN HOSPITAL SETTINGS, ESPECIALLY THOSE IN UNDERSERVED COMMUNITIES.UNDERGOING COMPLICATED MEDICAL PROCEDURES, FACING LIFE-THREATENING ILLNESSES AND INJURIES, AND FEELING ISOLATED AND HELPLESS ARE COMMON EXPERIENCES FOR CHILDREN AND THEIR FAMILIES IN HEALTHCARE SETTINGS. ACCESS TO PLAY CAN HELP RELIEVE THIS STRESS, CREATE EASE, AND HAVE AN OVERALL POSITIVE IMPACT ON CHILDREN'S RELATIONSHIPS AND WELL-BEING.THE CHILDREN'S HOSPITAL PLAY GRANTS PROGRAM DISTRIBUTES GRANTS TO CHILDREN'S HOSPITALS THROUGHOUT THE UNITED STATES TO ENABLE THEM TO CREATE STIMULATING AND CALMING SENSORY EXPERIENCES; OFFER IN-ROOM TECHNOLOGY TO BROADCAST PLAY ACTIVITIES; UPGRADE WAITING AREAS; ASSEMBLE THERAPEUTIC PLAY KITS; AND MORE.


THE TOY FOUNDATION'S PUBLIC SERVICE ANNOUNCEMENTS, RUN IN PARTNERSHIP WITH THE GENIUS OF PLAY, GENERATED OVER 658 MILLION AUDIENCE IMPRESSIONS AND MORE THAN $35.2 MILLION IN DONATED MEDIA VALUE. THE "WORLDWIDE HEADQUARTERS OF PLAY" CAMPAIGN AND THE "DEAR PARENTS" CAMPAIGN TOGETHER HAD OVER 102,000 AIRINGS IN THE TOP MARKETS OF NEW YORK, LOS ANGELES, CHICAGO, PHILADELPHIA, DALLAS, HOUSTON, BOSTON, ATLANTA AND TAMPA AS WELL AS MANY OTHER MARKETS ACROSS THE UNITED STATES. ALL EXPENSES FOR THIS PROGRAM WERE FROM DONATED SERVICES, SO NO EXPENSES FOR IT WERE REPORTED ON THE ABOVE EXPENSE LINE.


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Board, Officers & Key Employees

Name (title)Compensation
Pamela Mastrota
Executive Director
$140,462
Voin Todorovic
Treasurer
$0
Andrew Weiner
Chair
$0
Paul Vitale
Chief Financial Officer
$0
Kathleen Campisano
Trustee
$0
Andrew Quartin
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$313,000
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,770,913
Noncash contributions included in lines 1a–1f $2,680,582
Total Revenue from Contributions, Gifts, Grants & Similar$3,083,913
Total Program Service Revenue$0
Investment income $46,142
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $344,617
Net Income from Fundraising Events -$84,917
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,389,755

Grants Awarded

Over the last fiscal year, The Toy Foundation Inc has awarded $3,383,270 in support to 29 organizations.

Grant RecipientAmount

FEED THE CHILDREN

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: GENERAL SUPPORT

$802,872

WORLD VISION SEATTLE

Org PageRecipient Profile

Federal Way, WA

PURPOSE: GENERAL SUPPORT

$551,876

OPERATION COMPASSION

Org PageRecipient Profile

Cleveland, TN

PURPOSE: GENERAL SUPPORT

$295,347

NATIONAL ASSC OF CHILDREN

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$240,954

Dearborn Heights, MI

PURPOSE: GENERAL SUPPORT

$144,549

WIN WAREHOUSE MISSION ST LOUIS

Org PageRecipient Profile

St Louis, MO

PURPOSE: GENERAL SUPPORT

$140,617
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Toy Foundation Inc has recieved totaling $22,500.

Awarding OrganizationAmount
The Toy Association Inc

New York, NY

PURPOSE: SUPPORT PHILANTHROPIC WORK OF FOUNDATION

$21,000
The Corky And Rick Steiner Family Foudation

Cincinnati, OH

PURPOSE: UNRESTRICTED

$1,500
View Grant Recipient Profile

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