Michigan · Public charity
The Toney Foundation
Plan, organize and host an annual golf event to raise funds for charitable purposes. Net proceeds from the golf event will be distributed to educatioinal organizations that qualify as exempt organizations under section 501(c)3 of the internal revenue code to fund scholarships.
- $20k
- Granted FY2023
- 2
- Grants FY2023
- 2
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Median grant, FY2023
- $10,000
- Largest grant, FY2023
- $10,000
- Organizations funded a year
- 2 to 2
- FY2022 to FY2023
- Total assets, FY2023
- $31k
How open it is to new grantees
In FY2023, 100% of the organizations The Toney Foundation funded were first-time grantees, receiving 100% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 2 | $20k | 100% |
| FY2022 | 2 | $138k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2023.
Top grantees
Largest recipients by total granted, FY2022 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| United Negro College Fund Inc | $130,000 | 1 | 0% |
| Friends of the Children - Detroit | $8,000 | 1 | 0% |
Plus 2 recipients with no EIN on record ($20k), not named here.
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About The Toney Foundation
- How much does The Toney Foundation give?
- The Toney Foundation reported 2 grants totaling $20,000 in its FY2023 IRS filing. It funded between 2 and 2 organizations a year over FY2022 to FY2023.
- What does The Toney Foundation fund?
- By grant dollars over FY2022 to FY2023, its largest causes are Education (94%), Youth Development (6%).
- Who are The Toney Foundation's largest grantees?
- By total granted over FY2022 to FY2023: United Negro College Fund Inc ($130k), Friends of the Children - Detroit ($8k).
- Does The Toney Foundation fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Where is The Toney Foundation based?
- The Toney Foundation is based in MI.
Play a game based on Toney’s filings →