Andersons Fund Supporting Organization EIN 34-1817757

Andersons Fund Supporting Organization FY2020 filing

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Provides grants for capital projects to support the Toledo Community Foundation's mission. For fiscal year 2020 it reported $275K in revenue, $253K in expenses, and $3.5M in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Toledo, OH
Website
www.toledocf.org
Filings
5 on file (2020–2020)
Revenue
$275KFY2020
Expenses
$253K
Net assets
$3.5M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1817757 Supporting organization Toledo, OH
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides grants for capital projects to support the Toledo Community Foundation's mission.
Leadership
Mr William Fall · Trustee
Money in and out
$275K revenue, $253K expenses
Bottom line
+8% net inflow
Money in and out · FY2020
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Net inflow
+8%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
88%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$275K
FY2020
Expenses
$253K
FY2020
Total assets
$3.5M
FY2020
Total liabilities
$0
FY2020
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$3.5M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $222K of program spending, described in the organization's own filed words · FY2020.
01

Grants Paid

See schedule I

$222Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAndersons Fund Supporting Organization
EINHdr · item D34-1817757
Principal addressHdr · item CToledo, OH
WebsiteHdr · item Jwww.toledocf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30I)
Ruling yearIRS BMFApr 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income100%$275K
Total revenueLn 12$275K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$222K
Management & general12%$31K
Total functional expensesLn 25$253K

Balance Sheet

Part X · end of year
CashLn 1$105K
Total assetsLn 16$3.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$3.5M
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.5M · Operating expenses/yr $253K
166.6 months
Where the money goes
Program services
Program services $222K · Total expenses $253K
88%
Management & General
Management & general $31K · Total expenses $253K
12%
Fundraising
Fundraising $0 · Total expenses $253K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $275K
0%
Government reliance
Government grants — · Total revenue $275K
Earned-income share
Program service revenue $0 · Total revenue $275K
0%
Investment reliance
Investment income $275K · Total revenue $275K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $253K
0%
Growth & trend
Revenue growth (YoY)
This year $275K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $275K · Expenses $253K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $3.5M
Net-asset ratio
Net assets $3.5M · Total assets $3.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.5M
97%
People & payroll
Highest Reported Total Compensation
Individual Mr William Fall · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $253K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $253K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 65 grants · $1.2M · 2020–2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$272K revenue · ⤓ 990 PDF
FY2023$237K revenue · ⤓ 990 PDF
FY2022$162K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$275K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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