Toledo Community Foundation Algonquin Foundation
- Assets
- $515.7k
- Revenue
- $121.4k
- Investments
- $511.7k
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 00/0000
- Data as of
- 12/2021
- 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 12/2021, Toledo Community Foundation Algonquin Foundation generated $121.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $41.6k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Toledo Community Foundation Algonquin Foundation has awarded 83 individual grants totaling $217,900. 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 | |
Pamela Hershberger Trustee | 0.25 | $0 | |
Richard L Arnos Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,350 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,007 |
| Capital Gain Net Income | $108,007 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,357 |
| 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 | $2,200 |
| Total operating and administrative expenses | $10,138 |
| Contributions, gifts, grants paid | $31,500 |
| Total expenses and disbursements | $41,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,026 |
| 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 | $515,706 |
| 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 |
|---|---|
PLANNED PARENTHOOD OF GREATER OHIO - NORTHWEST OHIO REGION PURPOSE: GENERAL SUPPORT | $8,500 |
Toledo, OH PURPOSE: GENERAL SUPPORT | $7,500 |
Sylvania, OH PURPOSE: GENERAL SUPPORT | $7,500 |
Toledo, OH PURPOSE: GENERAL SUPPORT | $4,000 |
Toledo, OH PURPOSE: GENERAL SUPPORT | $2,000 |
PERRYSBURG HEIGHTS COMMUNITY ASSOCIATION PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN | $181,936,459 | $11,602,152 |
Midland Area Community Foundation Midland, MI | $121,202,704 | $11,959,875 |
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA | $123,167,161 | $16,344,885 |
York County Community Foundation York, PA | $208,424,639 | $17,313,520 |
Community Foundation Of Lorain County Elyria, OH | $163,012,004 | $27,165,624 |
Wayne County Community Foundation Wooster, OH | $110,981,023 | $15,756,594 |
Berrien Community Foundation Inc St Joseph, MI | $80,848,791 | $11,315,608 |
Troy Foundation Troy, OH | $148,750,693 | $14,638,954 |
Richland County Foundation Of Mansfield Mansfield, OH | $226,473,727 | $18,165,372 |
Chester County Community Foundation Inc West Chester, PA | $86,163,241 | $21,195,715 |
Community Foundation Of Southern Indiana Inc New Albany, IN | $128,848,099 | $8,060,969 |
Hamilton Community Foundation Inc Hamilton, OH | $145,905,583 | $25,541,402 |