Toy Foundation provides toys and grant funding to charities serving children in need due to poverty, homelessness, abuse and neglect, as well as kids with parents in the military, children in foster care, children undergoing treatment for cancer and other illnesses, families suffering from natural disasters, and children with special needs. The organization provides toys through their Toy Bank program. In 2018, the organization reports that they provided toys to more than 1.6 million children in need.
For the year ended December 31, 2018, Toy Foundation's program expenses were:
Toy Bank |
$22,695,149 |
Genius of Play |
$17,699,949 |
Play Your Part |
$162,436 |
Children's hospital programs |
$48,844 |
Other program expenses |
$20,671 |
National partners |
$16,281 |
Total Program Expenses: |
$40,643,330 |
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Chief Executive
Jean Butler, Executive Director
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Compensation*
$296,556
-
Chair of the Board
John Gessert
-
Chair's Profession / Business Affiliation
President/Chief Executive Officer, American Plastic Toys, Inc.
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Board Size
15
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Paid Staff Size
3
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Toy Foundation receives Ms. Butler's salary as an in-kind donation from the Toy Industry Association, Inc.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals
Fundraising costs were 1% of related contributions. (Related contributions, which totaled $42,209,114, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Toy Foundation's audited financial statements for the year ended December 31, 2018.
Source of Funds |
In-kind donations - Toy Bank |
$22,620,720 |
In-kind donations - public service annoucements |
$17,699,949 |
Donations from The Toy Association, Inc. |
$828,154 |
Online Holiday Retail Campaign |
$465,000 |
TOTY special event revenue, net |
$315,315 |
Other income |
$184,450 |
Other donations |
$179,976 |
Grant revenue |
$100,000 |
Investment loss |
($107,209) |
Total Income |
$42,198,131 |
- Programs: 99%
- Fundraising: Less than 1%
- Administrative: Less than 1%
Total Income |
$42,198,131 |
Program expenses |
$40,643,330 |
Fundraising expenses |
$451,796 |
Administrative expenses |
$256,899 |
Other expenses |
$0 |
Total expenses: |
$41,352,025 |
Income in Excess of Expenses |
$846,106 |
Beginning Net Assets |
$2,499,176 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$3,433,506 |
Total Liabilities |
$481,511 |
Total Assets |
$3,915,017 |
Note: As reported in the organization’s audited financial statements for the year ended December 31, 2018, Toy Foundation received in-kind donations totaling $41,148,823 in the form of toys ($22,620,720), public services announcements ($17,699,949), salaries and related benefits ($801,154), and administrative expenses ($27,000).