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The Toro Company Foundation is a private corporation based in BLOOMINGTON, MN. The foundation received its IRS ruling in 1989. The principal officer is Marnie Wells. It holds total assets of $6.3M. Annual income is reported at $4.8M. Total assets have grown from $3.7M in 2011 to $6.3M in 2024. The foundation is governed by 4 officers and trustees. The Toro Company Foundation did not engage in any direct charitable activities in 2022. Tax records are available from 2020 to 2024. According to available records, The Toro Company Foundation has made 3 grants totaling $6.6M, with a median grant of $2.1M. Annual giving has grown from $2.4M in 2020 to $4.2M in 2022. Individual grants have ranged from $2.1M to $2.4M, with an average award of $2.2M. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
The Toro Company Foundation did not engage in any direct charitable activities in 2020
The Toro Company Foundation did not engage in any direct charitable activities in 2022. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MN.
The Toro Company Foundation has distributed a total of $6.6M across 3 grants. The median grant size is $2.1M, with an average of $2.2M. Individual grants have ranged from $2.1M to $2.4M.
The application deadline is Statement attached. Statement attached.
The Toro Company Foundation is headquartered in BLOOMINGTON, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marnie K Wells | President | $0 | $0 | N/A |
| Eric Van Wie | Treasurer | $0 | $0 | N/A |
| Sonia Toomey | Secretary | $0 | $0 | N/A |
| Directors - See Attached | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.3M
Fair Market Value
N/A
Net Worth
$6.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$6.6M
Average Grant
$2.2M
Median Grant
$2.1M
Unique Recipients
1
Most Common Grant
$2.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various - See Attached ListVarious see attached list | Bloomington, MN | $2.1M | 2022 |