nonprofit logo

Marine Toys For Tots Foundation

Toys For Tots Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203021444 ✦ Triangle, VA ✦ Designated as a 501(c)(3)

Overview

What is Marine Toys For Tots Foundation?

The Marine Toys for Tots Foundation is a charitable organization that spearheads the collection and distribution of new, unwrapped toys during Christmas time to underprivileged children in communities across the United States. With support from the U.S. Marine Corps, they aim to provide hope and motivation to economically disadvantaged children, offering them opportunities to grow into responsible, productive, and patriotic citizens. The foundation raises funds and manages donations to supplement local toy collections, covers campaign costs, and offers logistical and promotional support to local coordinators. Additionally, they provide administrative and advisory assistance to the Marine Corps and conduct public education campaigns to encourage community involvement. The foundation, with 26 employees, has distributed over 24 million toys to 9.9 million less fortunate children annually in all 50 states, District of Columbia, Puerto Rico, and the Virgin Islands.


Official website here: www.toysfortots.org

Is Marine Toys For Tots Foundation legitimate?

Marine Toys For Tots Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Toys For Tots Foundation 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: $811,234
Professional Fundraising Fees: $2,256,785
Other Salaries and Wages: $1,464,881

For more financial information, click here


Official website here: www.toysfortots.org

What is the mission statement of Marine Toys For Tots Foundation?

The Marine Toys for Tots Foundation works to collect new, unwrapped toys during Christmas time each year and distributes them as gifts to less fortunate children in the community. Its mission extends beyond the holiday season, providing books, toys, and games to economically disadvantaged children to instill hope and motivation. The foundation supports the U.S. Marine Corps Reserve Toys for Tots program by raising funds and managing donations, offering administrative, advisory, financial, logistical, and promotional support to local coordinators, and conducting public education programs encouraging the general public to participate in this charitable initiative.


Official website here: www.toysfortots.org

Who is the CEO of Marine Toys For Tots Foundation?

James B Laster is the President & Ceo of Marine Toys For Tots Foundation. The CEO's salary of Marine Toys For Tots Foundation is $375,159 and their total compensation is $416,030.


Official website here: www.toysfortots.org

What is the revenue of Marine Toys For Tots Foundation?

Marine Toys For Tots Foundation's revenue in 2022 was $379,587,582.


Official website here: www.toysfortots.org

Who are the executives of Marine Toys For Tots Foundation and what are their salaries?

The average compensation at Marine Toys For Tots Foundation during 2022 was $87,543. There are 26 employees and 41,000 volunteers at Marine Toys For Tots Foundation.

Here are 18 key members and their salaries (Marine Toys For Tots Foundation's CEO's salary is $375,159 and their total compensation is $416,030):

    James B Laster (President & Ceo) [Trustee/Director]
  • Compensation: $375,159
  • Related: $0
  • Other: $40,871

    • Kelley Hardison (Deputy Vp, M&D)
  • Compensation: $180,792
  • Related: $0
  • Other: $20,005

    • Matthew D Cooper (Secretary/Vice President, Operations)
  • Compensation: $177,360
  • Related: $0
  • Other: $19,467

    • Theodore Silvester (Vice President, M&D)
  • Compensation: $177,360
  • Related: $0
  • Other: $19,467

    • Matthew Mcdonald (It Director)
  • Compensation: $124,250
  • Related: $0
  • Other: $28,307

    • Melanie Turner (Corporate Accountant)
  • Compensation: $117,720
  • Related: $0
  • Other: $11,772

    • Mackerl Stuckey (Deputy Vp, Operations)
  • Compensation: $107,120
  • Related: $0
  • Other: $10,712

    • Robert E Milstead (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A Hayden (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter T Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven C Ohmstede (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward T Gardner Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie A Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheryl E Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William W Chip (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David J Doolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Van Dop Dejesus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alphonso Trimble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.toysfortots.org

    Where can I find the form 990 for Marine Toys For Tots Foundation?

    The Marine Toys For Tots Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.toysfortots.org

    Learn more at the official website: www.toysfortots.org

    Mission Statement of Marine Toys For Tots Foundation

    Marine Toys for Tots Foundation is a charitable organization dedicated to collecting and distributing new, unwrapped toys as Christmas gifts to less fortunate children in the community. Their mission is to bring joy and hope to economically disadvantaged children during the holiday season and throughout the year. The foundation supports the US Marine Corps Reserve Toys for Tots program by raising funds to supplement local toy collections and cover campaign costs. They manage funds raised under the Toys for Tots name and provide administrative, advisory, financial, logistical, and promotional support to local coordinators. Marine Toys for Tots Foundation also provides additional assistance the Marine Corps cannot offer and conducts public education campaigns to encourage community involvement in this patriotic initiative. The goal is to ensure that every child receives a gift to look forward to, inspiring them to grow into responsible, productive, and community-minded individuals.

    Impact

    This information is meant to be a general summary of Marine Toys For Tots Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Marine Toys For Tots Foundation's impact is significant. Each year, the Foundation collects new, unwrapped toys during the Christmas season and distributes them as gifts to less fortunate children in communities across the country. Through this effort, the Foundation has provided over 24 million toys to more than 9.9 million disadvantaged children in 833 communities, covering all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands.

    By bringing the joy of Christmas and a message of hope to these children, Marine Toys For Tots Foundation aims to instill motivation and inspire them to become responsible, productive, patriotic citizens and future community leaders. The Foundation's support extends beyond the holiday season, providing books, toys, and games to economically disadvantaged children throughout the year.

    Through its mission to assist the U.S. Marine Corps in providing tangible signs of hope, Marine Toys For Tots Foundation plays a crucial role in supporting the Toys for Tots program. By raising funds, managing donations, providing logistical support, and conducting public education programs, the Foundation enables the Marine Corps Reserve Toys for Tots Program to reach more children in need and make a lasting impact on their lives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,246,584
  • Program Service Revenue: $0
  • Gross Receipts: $480,192,095

    • Assets and Liabilities:
  • Total Assets: $224,233,558
  • Total Liabilities: $6,280,169
  • Net Assets: $217,953,389
  • Organization Details

    Founding Year

    2005

    Principal Officer

    James B Laster

    Main Address

    18251 QUANTICO GATEWAY DRIVE, TRIANGLE, VA, 22172

    NTEE Category

    Code: P50 - Human services

    If you are a representative of Marine Toys For Tots Foundation 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.