The Troy Foundation

Tax-deductible

Troy, OH501(c)(3)Since 1924Foundations & GrantmakersEIN 31-6018703

This page gets seen. Tell your story. Claim this org.

To improve the quality of life for our community by connecting donors to charitable causes for growing a greater tomorrow.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 15 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $4.2M a year · 31% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$127K
to officers and key staff · 1% of spending
Top officer’s pay lower than 92% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Named funders
4
named funders · $664K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.7M
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.5M
+12% vs prior year
Spent
$11.4M
To programs
88%
Net assets
$149.4M
By yearFY2020–FY2024
Revenue
$13.5M
FY2024▲ +12%
Revenue by fiscal year
FY2020$15.8M
FY2021$14.6M
FY2022$11.7M
FY2023$12.0M
FY2024$13.5M
Expenses
$11.4M
FY2024▲ +11%
Expenses by fiscal year
FY2020$8.0M
FY2021$8.1M
FY2022$8.6M
FY2023$10.3M
FY2024$11.4M
Net assets
$149.4M
FY2024▲ +13%
Net assets by fiscal year
FY2020$116.4M
FY2021$138.6M
FY2022$115.6M
FY2023$132.5M
FY2024$149.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1949.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $10.0M Management & general 12% · $1.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

14 people listed on the 990; $127K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$126,856Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Gov Bd/Trustees Committee
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Gov Bd/Distribution Committee
$0Pt VII · Sec A
$0Pt VII · Sec A
Gov Bd/Trustees Committee
$0Pt VII · Sec A

Melissa Kleptz’s $127K as President & CEO is at the 8th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Melissa Kleptz$126,856$119,635$119,555$111,173

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Troy Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Programs and updates

Connects donors to local charitable causes by providing grants that support education, health, youth development, arts, and environmental beautification in the community.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $9.4M · in their own filed words · FY2023
01

In 2023, the troy foundation provided over 2,100 grants to organizations providing services in the areas of arts and culture, education, health and human services, social services, youth development, beautification, protecting wildlife and the environment, and emergency grants to assist non-profits during the pandemic.

$9.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$664K
See all 4 funders →
Grants paid · 1,399 grants · $28.7M · 2020–2023
Unitemized GrantFY2023$842,107
Miami County AuditorFY2023$633,419
Hospice of Miami County INCOH · FY2023$298,655
Brukner Nature CenterOH · FY2023$289,395
The Kleingers GroupFY2023$204,100
Robinson Reserve at Duke ParkFY2023$200,000
Uvmc FoundationOH · FY2023$184,789
The United Church of ChristOH · FY2023$173,706
Stadium and Turf Enhancement Project (step)FY2023$171,895
Overfield Tavern MuseumOH · FY2023$147,130
Pink Ribbon Good INCOH · FY2023$145,300
Richards Chapel United Methodist ChurchFY2023$132,808
Health Partners Free ClinicOH · FY2023$120,886
See all 1,399 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$13.5M
Ln 12
Gifts and grantsLn 1h$8.5M
Other incomeLn 4–11$5.0M
Money outPt IX
$11.4M
Ln 25
Programscol B$10.0M
Managementcol C$1.4M
Owns and owesPt X
$149.4M
net assets · Ln 32
Total assetsLn 16$159.1M
LiabilitiesLn 26$9.7M
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.5M
Other incomeLn 4–11$5.0M
Total revenueLn 12$13.5M
Assets in detailPt X, end of year
Total assetsLn 16$159.1M
LiabilitiesLn 26$9.7M
Net assetsLn 32$149.4M
OperationsPt I, VI
EmployeesI 58
VolunteersI 615
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $13.5M$11.4M$2.1M$149.4M 990 PDF
FY2023 $12.0M$10.3M$1.7M$132.5M 990 PDF
FY2022 $11.7M$8.6M$3.1M$115.6M 990 PDF
FY2021 $14.6M$8.1M$6.6M$138.6M 990 PDF
FY2020 $15.8M$8.0M$7.8M$116.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.