Toyota Usa Foundation
- Assets
- $101.2m
- Revenue
- $2.3m
- Investments
- $101.2m
- Employees
- 0
- Location
- Plano, TX
- Founding
- 08/1978
- Data as of
- 06/2022
- EIN
- 95-3255038
Organization Overview
Toyota Usa Foundation is located in Plano, TX. The organization was established in 1978. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toyota USA Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Toyota USA Foundation generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Toyota USA Foundation has awarded 198 individual grants totaling $70,391,255. 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 |
|---|---|---|---|
Mike Goss President & Director | 2.5 | $0 | |
Lesley Lurie Secretary | 2.5 | $0 | |
Tracey Doi Treasurer & Director | 2.5 | $0 | |
Norm Bafunno Director | 2.5 | $0 | |
Ellen Farrell Director | 2.5 | $0 | |
Sandy Lobenstein Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,008,637 |
| Capital Gain Net Income | $5,855,412 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $316,282 |
| Total Revenue | $2,324,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $119,462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $639,768 |
| Contributions, gifts, grants paid | $806,725 |
| Total expenses and disbursements | $1,446,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,048 |
| 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 | $101,182,659 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $101,193,707 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,350,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $79,992 |
| Total liabilities | $1,429,992 |
Grants Awarded
Over the last fiscal year, Toyota Usa Foundation has awarded $1,800,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CENTER FOR FAMILIES LEARNING (NCFL) PURPOSE: NCFL WORKS TO ERADICATE POVERTY THROUGH EDUCATIONS SOLUTIONS FOR FAMILIES | $800,000 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE | $1,000,000 |