Overview
What is The Toy Foundation Inc?
The Toy Foundation Inc, located in New York City, is a nonprofit organization with a significant mission. Their primary program, known as The Toy Bank, serves as a platform for the toy industry to engage in corporate social responsibility and manage inventory donations. Companies donate toys to The Toy Foundation, which then distributes them to charities helping children in need, both domestically and internationally. The foundation's objective is to bring joy, comfort, and learning to these children through the experience of play. By providing toys, The Toy Foundation aims to make a positive impact on the lives of children in need, enhancing their wellbeing and promoting their development.
Official website here: www.toyfoundation.org
Is The Toy Foundation Inc legitimate?
The Toy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Toy Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $363,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,952
For more financial information, click here
Official website here: www.toyfoundation.org
What is the mission statement of The Toy Foundation Inc?
The Toy Foundation Inc's mission is centered around bringing joy, comfort, and educational opportunities to children in need through the medium of toys and play. This is accomplished through their signature program, The Toy Bank. The Toy Bank serves as a platform for corporations in the toy industry to donate excess inventory, which is then distributed to children's charities both domestically and internationally. By doing so, The Toy Foundation Inc aims to contribute positively to the lives of children in need, enhancing their experiences and fostering learning opportunities through play.
Official website here: www.toyfoundation.org
Who is the CEO of The Toy Foundation Inc?
What is the revenue of The Toy Foundation Inc?
The Toy Foundation Inc's revenue in 2022 was $11,749,554.
Official website here: www.toyfoundation.org
Who are the executives of The Toy Foundation Inc and what are their salaries?
- Pamela Mastrota (Executive Director)
- John Fistolera (Dir, Development)
- Andrew Quartin (Chair) [Trustee/Director]
- Voin Todorovic (Treasurer) [Trustee/Director]
- Andrew Weiner (Trustee)
- Kathleen Campisano (Trustee)
- Michael Keaton (Trustee)
- Jamie Cygielman (Trustee)
- Nik Nayar (Trustee)
- Manny Grace (Trustee)
- Glenn Abell (Trustee)
- Stephanie Bailey (Trustee)
- Sunny Lauridsen (Trustee)
- Ashley Mady (Trustee)
- Michael Rinzler (Trustee)
- Aaron Muderick (Trustee)
- Paul Vitale (Chief Financial Officer)
Official website here: www.toyfoundation.org
Where can I find the form 990 for The Toy Foundation Inc?
The The Toy Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.toyfoundation.org
Learn more at the official website: www.toyfoundation.org
Mission Statement of The Toy Foundation Inc
The Toy Foundation, a notable nonprofit organization, is dedicated to bringing joy, comfort, and learning to children in need through the power of toys and play. Their primary mission is to deliver happiness and solace to these vulnerable children, leveraging the therapeutic and educational potential of play. To accomplish this, The Toy Foundation operates a program known as The Toy Bank, which serves as a year-round corporate social responsibility initiative and inventory management solution for product donations. The foundation collects contributions from manufacturers, retailers, and distributors, and subsequently distributes these toys to various children's charities nationwide and internationally. By doing so, The Toy Foundation strives to uplift the lives of children in need, providing them with a sense of joy, comfort, and opportunities for learning through play.
Impact
This information is meant to be a general summary of The Toy Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Toy Foundation Inc's impact lies in bringing joy, comfort, and learning to children in need through the experience of toys and play. Their signature program, The Toy Bank, serves as the toy industry's year-round corporate social responsibility and inventory management solution for product donations. By collecting donations from manufacturers, retailers, and distributors and distributing them to children's charities nationwide and across the globe, The Toy Foundation Inc plays a vital role in enhancing the lives of underprivileged children. Through their mission, they contribute to community improvement by fostering happiness and developmental opportunities for those who may not have access to such resources.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1961
Phone
(212) 675-1141
Principal Officer
Paul Vitale
Main Address
1375 BROADWAY 1001, NEW YORK, NY, 10018
Website
www.toyfoundation.org
NTEE Category
Code: S41Z - Community improvement
If you are a representative of The Toy Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.