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The Toy Foundation

New York, NY · EIN 13-6161457 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Toy Foundation reported $35.9 million in revenue and $36.4 million in expenses for calendar year 2024. Of every $100 it spent, $98.24 went to program services, $1.51 to management and general costs and $0.25 to fundraising. Its largest source of revenue was contributions and grants: 100.7% of the total. The highest compensation it reported for one person was $376,254 (EXECUTIVE DIRECTOR). 2 people received more than $100,000 in reportable compensation. Revenue rose 162% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $36M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $36M

Other revenue was negative: −$360K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
98.2%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
1.5%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.7%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
0.0%11.9%
Highest reported compensation
Part VII-A, columns D–F
$376,254$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.03%1.49%
People paid over $100,000
Part VII, line 2
25
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.89.2
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$35M expenses · 98.6% of program spending · grants $35M

The toy bank is the foundation's signature program delivering play to children in need, the toy bank is the toy industry's year-round corporate social responsibility and inventory management solution for product donations. The foundation collects donations from manufacturers, retailers, and distributors, and distributes them to children's charities nationwide and across the globe

$441K expenses · 1.2% of program spending · grants $405K

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…

$44,768 expenses · 0.1% of program spending · grants $11,840

The foundation works with a network of colleges and universities across the country to attract diverse, young talent to career pathways in the toy industry. The foundation engages toy industry professionals across business sectors, career levels, and personal backgrounds to illustrate the variety of exciting career opportunities and place students in internships and first hire positions

$11,000 all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 37.50 hrs/week
$293,435$0$82,819$376,254
DIR, DEVELOPMENT
Highest compensated employee, 37.50 hrs/week
$167,957$0$31,039$198,996

2 people received more than $100,000 in reportable compensation from The Toy Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $376K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$36M$36M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$36M$36M98.2%$2.4M$376,254
2023 ⓘ$6.9M$7.6M89.9%$2.7M$358,463
2022 ⓘ$12M$12M94.0%$3.2M$363,459
2021 ⓘ$3.4M$4.1M88.9%$4.1M$169,188
2020 ⓘ$49M$48M99.8%$4.8M—
2019 ⓘ$14M$13M99.3%$4.2M—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6115

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
BCL ENTERTAINMENT
Event planner
$166,640
CIRPRIANI
Event venue
$150,000

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to The Toy Foundation totaling $34,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Toy Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Toy Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in New York

Questions people ask

How much of The Toy Foundation's spending goes to programs?

In calendar year 2024, The Toy Foundation reported that 98.2% of its $36.4 million in expenses went to program services, 1.5% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does The Toy Foundation pay its top executive?

The largest total compensation The Toy Foundation reported for one person in calendar year 2024 was $376,254, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Toy Foundation get its money?

Of $35.9 million in revenue in calendar year 2024, 100.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Toy Foundation a registered charity?

The IRS lists EIN 13-6161457 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533019349300623 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202402209349301905 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322439349301017 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223179349302167 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132399349300123 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202012769349300306 · read the filing

All filings for EIN 13-6161457: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.