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The Troy Foundation

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

EIN: 316018703 ✦ Troy, OH ✦ Designated as a 501(c)(3)

Overview

What is The Troy Foundation?

The Troy Foundation is a local nonprofit organization situated in Troy, Ohio. Established with a mission to enhance the community's well-being, it connects donors to various charitable causes, fostering a vision for a more enriched tomorrow. In 2022, the foundation distributed over 1,900 grants to diverse organizations, focusing on sectors such as arts and culture, education, health and human services, social services, youth development, beautification, wildlife and environmental conservation, and emergency aid to support non-profits during the pandemic. With a team of nine dedicated individuals, The Troy Foundation strives to improve community life by addressing numerous social and environmental concerns.


Official website here: www.thetroyfoundation.org

Is The Troy Foundation legitimate?

The Troy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Troy 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: $164,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,605

For more financial information, click here


Official website here: www.thetroyfoundation.org

What is the mission statement of The Troy Foundation?

The Troy Foundation's mission is centered around enhancing the quality of life in the community. They achieve this by linking donors with worthy causes, working towards a more prosperous future. The organization's mission statement, in simpler terms, is to improve the community's well-being by connecting donors to meaningful causes, aiming for a better tomorrow. In 2022, they disbursed over 1,900 grants to various organizations, providing services in sectors such as arts and culture, education, health and human services, social services, youth development, beautification, wildlife and environmental protection, and emergency grants to aid non-profits during the pandemic.


Official website here: www.thetroyfoundation.org

Who is the CEO of The Troy Foundation?

Melissa Kleptz is the Chair of The Troy Foundation.


Official website here: www.thetroyfoundation.org

What is the revenue of The Troy Foundation?

The Troy Foundation's revenue in 2022 was $11,701,989.


Official website here: www.thetroyfoundation.org

Who are the executives of The Troy Foundation and what are their salaries?

The average compensation at The Troy Foundation during 2022 was $50,904. There are 9 employees and 15 volunteers at The Troy Foundation.

Here are 12 key members and their salaries:

    Melissa Kleptz (Executive Director)
  • Compensation: $119,635
  • Related: $0
  • Other: $44,894

    • Joe Dickerson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Behm (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Black (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Dippold (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Fisher (Gov Bd/Trustees Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Giere (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Kerber (Gov Bd/Distribution Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Lins (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Purvis (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Wise (Gov Bd) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Fulker (Secretary Gov Bd (Nonvoting))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thetroyfoundation.org

    Where can I find the form 990 for The Troy Foundation?

    The The Troy Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thetroyfoundation.org

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

    Mission Statement of The Troy Foundation

    The Troy Foundation, a nonprofit organization, is committed to enhancing the quality of life in its community by establishing connections between generous donors and worthy causes. Its mission, as stated, is to contribute to a better tomorrow by engaging donors with meaningful charitable endeavors. This mission is aimed at fostering growth and improvement in various sectors, including arts and culture, education, health and human services, social services, youth development, beautification, wildlife and environmental conservation, and emergency aid to non-profits during challenging times. Through these initiatives, The Troy Foundation seeks to create a more enriched and supportive community for all its residents.

    Impact

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




    Thursday, August 15, 2024

    The Troy Foundation has a significant impact on the community by providing over 1,900 grants to various organizations. These grants support services in areas such as arts and culture, education, health and human services, social services, youth development, beautification, wildlife and environmental protection, and emergency assistance during the pandemic. Through these efforts, The Troy Foundation plays a vital role in improving the quality of life and fostering growth in the community for a better tomorrow.





    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: $5,826,134
  • Program Service Revenue: $0
  • Gross Receipts: $25,854,965

    • Assets and Liabilities:
  • Total Assets: $123,423,524
  • Total Liabilities: $7,802,362
  • Net Assets: $115,621,162
  • Organization Details

    Founding Year

    1924

    Principal Officer

    Melissa Kleptz

    Main Address

    216 W FRANKLIN ST, TROY, OH, 453733234

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of The Troy 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.