Toledo Community Foundation Algonquin Foundation
- Assets
- $518.9k
- Revenue
- $12.6k
- Investments
- $516.9k
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 34-6853246
Organization Overview
Toledo Community Foundation Algonquin Foundation is located in Toledo, OH. The organization was established in 0000. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2022, Toledo Community Foundation Algonquin Foundation generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Toledo Community Foundation Algonquin Foundation has awarded 99 individual grants totaling $241,900. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hussien Y Shousher Chairman | 0.25 | $0 | |
Michael Gibbons Vice Chairman | 0.25 | $0 | |
Pariss M Coleman II ESQ Secretary | 0.25 | $0 | |
Jay Morgan Treasurer | 0.25 | $0 | |
Richard L Arnos Trustee | 0.25 | $0 | |
Pamela Hershberger Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,165 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$597 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,200 |
| Total operating and administrative expenses | $9,398 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $9,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,971 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $518,876 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Toledo Community Foundation Algonquin Foundation has awarded $31,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY CENTER OF GREATER TOLEDO PURPOSE: GENERAL SUPPORT | $7,500 |
PARTNERS IN EDUCATION PURPOSE: GENERAL SUPPORT | $2,000 |
PERRYSBURG HEIGHTS COMMUNITY ASSOCIATION PURPOSE: GENERAL SUPPORT | $2,000 |
PLANNED PARENTHOOD OF GREATER OHIO - NORTHWEST OHIO REGION PURPOSE: GENERAL SUPPORT | $8,500 |
READ FOR LITERACY INC PURPOSE: GENERAL SUPPORT | $7,500 |
SOLAR TOLEDO NEIGHBORHOOD FOUNDATION PURPOSE: GENERAL SUPPORT | $4,000 |