THE UNIVERSITY OF TOLEDO FOUNDATION

EIN 34-6555110 TOLEDO, OH

Revenue 2023: $35,443,468
Expenses 2023: $29,230,416

Program services were 63.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection: 03
NTEE code: B110
Classification: 1000
Street: 4510 DORR ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

SUSAN PAYDEN

CHAIR

Total calculated

$0

Hours/week

1
NANCY MILLER

VICE-CHAIR

Total calculated

$0

Hours/week

1
YVONNE MCNULTY

TREASURER

Total calculated

$0

Hours/week

1
NADEEM SALEM

SECRETARY

Total calculated

$0

Hours/week

1
MICHAEL BELL

TRUSTEE

Total calculated

$0

Hours/week

1
SHERI BOKROS

TRUSTEE

Total calculated

$0

Hours/week

1 + 1 related
JAMES CALDWELL

TRUSTEE

Total calculated

$0

Hours/week

1
TIFFANY CAVANAUGH

TRUSTEE

Total calculated

$0

Hours/week

1
MUI-LING Y DONG

TRUSTEE

Total calculated

$0

Hours/week

1
DANA FITZSIMMONS

TRUSTEE

Total calculated

$0

Hours/week

1
MATTHEW FORTUNAK

TRUSTEE

Total calculated

$0

Hours/week

1
JOHN HUBER

TRUSTEE

Total calculated

$0

Hours/week

1
JAMES JAROS

TRUSTEE

Total calculated

$0

Hours/week

1
GEORGE LATHROP

TRUSTEE

Total calculated

$0

Hours/week

1 + 1 related
EVA MCQUILLEN

TRUSTEE

Total calculated

$0

Hours/week

1
SHAWN NELSON

TRUSTEE

Total calculated

$0

Hours/week

1
DAVID NOTTKE

TRUSTEE

Total calculated

$0

Hours/week

1
STEVEN REINBOLT

TRUSTEE

Total calculated

$0

Hours/week

1 + 1 related
BRADLEY J RIEGER

TRUSTEE

Total calculated

$0

Hours/week

1
MATTHEW RUBIN

TRUSTEE

Total calculated

$0

Hours/week

1 + 1 related
ROBERT SCHOONMAKER

TRUSTEE

Total calculated

$0

Hours/week

1
RASESH SHAH

TRUSTEE

Total calculated

$0

Hours/week

1
MARTIN SUTTER

TRUSTEE

Total calculated

$0

Hours/week

1
THOMAS WAKEFIELD

TRUSTEE

Total calculated

$0

Hours/week

1
ROBIN WHITNEY

TRUSTEE

Total calculated

$0

Hours/week

1 + 1 related

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

2023

Revenue

$35,443,468

Expenses

$29,230,416

Contributions

$18,171,879

Grants paid

$17,880,996
2022

Revenue

$29,920,252

Expenses

$28,195,347

Contributions

$13,141,772

Grants paid

$18,106,836

Tax year	Revenue	Expenses	Contributions	Grants paid
2023	$35,443,468	$29,230,416	$18,171,879	$17,880,996
2022	$29,920,252	$28,195,347	$13,141,772	$18,106,836

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

2024 · 990-T

Revenue

not reported

Expenses

not reported

Assets (EOY)

not reported
2023 · 990-T

Revenue

not reported

Expenses

not reported

Assets (EOY)

not reported
2022 · 990-T

Revenue

not reported

Expenses

not reported

Assets (EOY)

not reported

Tax year	Form	Revenue	Expenses	Assets (EOY)
2024	990-T	not reported	not reported	not reported
2023	990-T	not reported	not reported	not reported
2022	990-T	not reported	not reported	not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

UNIVERSITY OF TOLEDO

$18,106,836

2022 TO SUPPORT THE UNIVERSITY OF TOLEDO IN ITS EXEMPT PURPOSE
UNIVERSITY OF TOLEDO

$17,810,996

2023 TO SUPPORT THE UNIVERSITY OF TOLEDO IN ITS EXEMPT PURPOSE
UNIVERSITY OF TOLEDO ALUMNI ASSOICATION

$70,000

2023 TO SUPPORT THE ALUMNI ASSOCIATION IN ITS EXEMPT PURPOSE

Where these grants went next →

Grants received

UNIVERSITY OF TOLEDO ALUMNI ASSOCIATION

$1,040,739

2023 TO FUND FOR SCHOLARSHIPS AND A CONTRIBUTION TO THE ALUMNI ENGAGEMENT ENDOWMENT FUND
BERRIEN COMMUNITY FOUNDATION INC

$580,000

2024 SENIOR DESIGN CLINIC PROGRAM
BERRIEN COMMUNITY FOUNDATION INC

$575,000

2025 CAPITAL CAMPAIGN
DONOR ADVISED CHARITABLE GIVING

$409,560

2024 EDUCATION
DONOR ADVISED CHARITABLE GIVING

$348,200

2022 EDUCATION
TOLEDO COMMUNITY FOUNDATION

$215,079

2022 2022 ANNUAL GIFT - MEN'S GOLF PROGRESS FUND , STUDENT GIFTS AND PHIL CLOSIUS FUND, BLX-NEXT, MEDICAL RESEARCH SOCIETY ADDITIONAL GRANT TO INCREASE THE 2022 AWARD AMOUNT TO ENABLE A SECOND 50K AWARD, ANNUAL DISTRIBUTION TO SUPPORT AN ENDOWED CHAIR, ROCKET FUND, THE LOVEJOY - SANZENBACHER PHARMACY LEADERSHIP SCHOLARSHIP, THE LOVEJOY - SANZENBACHER ENGINEERING LEADERSHIP SCHOLARSHIP LEARNING ENHANCEMENT CENTER, ANNUAL DISTRIBUTION, EARLY CHILDHOOD PROGRAM, STUDENT - ATHLETE DEGREE COMPLETION - SUMMER SCHOOL / 5TH YEAR AID, TUTOR STIPENDS - DEPARTMENT OF MATHEMATICS AND STATISTICS, DOROTHY HUSSAIN DISTINGUISHED LECTURESHIP; COLLEGE OF NURSING, SUPPORT MENS GOLF TEAM, UT ATHLETICS , SUPORT FOR REACH OUT AND READ OF NORTHWEST OHIO PROGRAM, NEUROPSYCHOLOGY FUND, WOMEN'S GOLF PROGRAM , DOROTHY HUSSAIN DISTINGUISHED LECTURESHIP; COLLEGE OF NURSING, JOAN ORDON SCHOLARSHIP RECIPIENT, MEDICAL SCHOOL, O-I SCHOLARSHIP FUND CONTRIBUTION, DR. MORTON GOLDBERG LECTURE SERIES, 2022 ANNUAL FUND, WOMEN I
ACCESS

$188,000

2024 DONOR DIRECT FUND DISTRIBUTION
TOLEDO COMMUNITY FOUNDATION

$181,875

2024 SUPPORT FOR SCHOLARSHIPS, EDUCATION, RESEARCH, HEALTHCARE, AND UTOLEDO INITIATIVES.
TOLEDO COMMUNITY FOUNDATION

$175,139

2023 GENERAL SUPPORT
FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$119,210

2024 For grant recipient's exempt purposes

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

THE UNIVERSITY OF TOLEDO REAL ESTATE CORP

501(C)(25) · ACQUIRES AND HOLDS TITLE TO REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY · OH · controlled entity

Declared as related by

U T FOUNDATION REAL ESTATE CORP

On its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.