The Tobey Foundation is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2020, Tobey Foundation generated $313.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $4.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tobey Foundation has awarded 325 individual grants totaling $6,198,282. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William R Tobey Jr-Deceased Director | 0 | $0 | |
Anne C Tobey Director | 0 | $0 | |
Ann T Rowlands Director | 0 | $0 | |
William H Tobey Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $1,658 |
Dividends & Interest | $15,408 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $271,050 |
Capital Gain Net Income | $271,050 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $25,100 |
Total Revenue | $313,216 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,832 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $42,385 |
Total operating and administrative expenses | $59,800 |
Contributions, gifts, grants paid | $4,150,719 |
Total expenses and disbursements | $4,210,519 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
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 |
Over the last fiscal year, The Tobey Foundation has awarded $4,150,719 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
FIDELITY CHARITABLE FUND PURPOSE: PUBLIC CHARITY SUPPORT | $2,552,126 |
FIDELITY CHARITABLE FUND PURPOSE: PUBLIC CHARITY SUPPORT | $1,577,593 |
Aspen, CO PURPOSE: YOUTH MENTORING | $3,000 |
Chicago, IL PURPOSE: SUPPORT OF THE ARTS | $2,500 |
Chicago, IL PURPOSE: SUPPORT OF THE ARTS | $2,500 |
Kenilworth, IL PURPOSE: RELIGIOUS | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |