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Nonprofit · EIN 13-6161457

THE TOY FOUNDATION INC

Tax-exempt · NEW YORK, NY 10018

Financials

$6.9M$7.6M2023$35.9M$36.4M2024
Revenue Expenses · by fiscal year end
Financials of THE TOY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$35,929,576$36,371,041-$441,465$3,972,887$1,557,590$2,415,297
December 31, 2023990$6,925,131$7,592,026-$666,895$3,298,425$549,577$2,748,848
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$36,166,118
Program service revenue
$0
Investment income
$123,655
Net gain from sales of assets
$40,797
Net income from fundraising events
-$360,197
Other revenue
-$360,197

Expenses

Grants and similar amounts paid
$35,608,817
Compensation of officers, directors and key employees
$376,254
Other salaries and wages
$224,534
Salaries, compensation and benefits (total)
$658,702
Professional fundraising fees
$0
Legal fees
$12,113
Accounting fees
$17,231
Travel
$850
Program services (functional)
$35,730,699
Management and general (functional)
$549,991
Fundraising (functional)
$90,351

Balance sheet and other

Total assets, start of year
$3,298,425
Total assets, end of year
$3,972,887
Total liabilities, end of year
$1,557,590
Net assets, end of year
$2,415,297
Publicly traded securities
$3,047,095
Net assets without donor restrictions
$2,393,197
Net assets with donor restrictions
$22,100
Gross receipts
$37,276,207
Employees
0
Volunteers
115
Year formed
1961
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PAMELA MASTROTAEXECUTIVE DIRECTOR
Officer
37.5$293,435$82,819
JOHN FISTOLERADIR, DEVELOPMENT
Highest-paid employee
37.5$167,957$31,039
ANDREW QUARTINCHAIR
Trustee or director, Officer
2$0$0
VOIN TODOROVICTREASURER
Trustee or director, Officer
2$0$0
ANDREW WEINERTRUSTEE
Trustee or director
2$0$0
MICHAEL KEATONTRUSTEE
Trustee or director
2$0$0
JAMIE CYGIELMANTRUSTEE
Trustee or director
2$0$0
NIK NAYARTRUSTEE
Trustee or director
2$0$0
MANNY GRACETRUSTEE
Trustee or director
2$0$0
STEPHANIE BAILEYTRUSTEE
Trustee or director
2$0$0
SUNNY LAURIDSENTRUSTEE
Trustee or director
2$0$0
ASHLEY MADYTRUSTEE
Trustee or director
2$0$0
MICHAEL RINZLERTRUSTEE
Trustee or director
2$0$0
AARON MUDERICKTRUSTEE
Trustee or director
2$0$0
GEOFFREY GREENBERGTRUSTEE
Trustee or director
2$0$0
4 more people on this return
NameTitleHours / weekCompensation
SARA ROSALES MONTALVOTRUSTEE
Trustee or director
2$0
ANTHONY TRANITRUSTEE
Trustee or director
2$0
GLENN ABELLTRUSTEE
Trustee or director
2$0
KATHLEEN CAMPISANOTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
PAMELA MASTROTAEXECUTIVE DIRECTOR
Officer
37.5$281,474$76,989
JOHN FISTOLERADIR, DEVELOPMENT
Highest-paid employee
37.5$152,600$28,294
GLENN ABELLCHAIR
Trustee or director, Officer
2$0$0
VOIN TODOROVICTREASURER
Trustee or director, Officer
2$0$0
ANDREW WEINERTRUSTEE
Trustee or director
2$0$0
KATHLEEN CAMPISANOTRUSTEE
Trustee or director
2$0$0
MICHAEL KEATONTRUSTEE
Trustee or director
2$0$0
JAMIE CYGIELMANTRUSTEE
Trustee or director
2$0$0
NIK NAYARTRUSTEE
Trustee or director
2$0$0
MANNY GRACETRUSTEE
Trustee or director
2$0$0
ANDREW QUARTINTRUSTEE
Trustee or director
2$0$0
STEPHANIE BAILEYTRUSTEE
Trustee or director
2$0$0
SUNNY LAURIDSENTRUSTEE
Trustee or director
2$0$0
ASHLEY MADYTRUSTEE
Trustee or director
2$0$0
MICHAEL RINZLERTRUSTEE
Trustee or director
2$0$0
AARON MUDERICKTRUSTEE
Trustee or director
2$0$0
GEOFFREY GREENBERGTRUSTEE
Trustee or director
2$0$0
SARA ROSALES MONTALVOTRUSTEE
Trustee or director
2$0$0
ANTHONY TRANITRUSTEE
Trustee or director
2$0$0
PAUL VITALECHIEF FINANCIAL OFFICER
Officer
3$0$0

Address and contacts

Address (IRS master file)
1375 BROADWAY RM 1001, NEW YORK, NY 10018-7051
Principal officer (990 for 2024)
JEFF SNYDERMAN, 1375 BROADWAY 1001, NEW YORK, NY 10018
Signed the 990
JEFF SNYDERMAN, CFO
Phone
(212) 675-1141
Return prepared by
CBIZ ADVISORS LLC

Mission

THE TOY FOUNDATION'S MISSION IS TO BRING JOY AND COMFORT TO CHILDREN IN NEED THROUGH THE EXPERIENCE OF TOYS AND PLAY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TOY BANK IS THE FOUNDATION'S SIGNATURE PROGRAM DELIVERING PLAY TO CHILDREN IN NEED, THE TOY BANK IS THE TOY INDUSTRY'S YEAR-ROUND CORPORATE SOCIAL RESPONSIBILITY AND INVENTORY MANAGEMENT SOLUTION FOR PRODUCT DONATIONS. THE FOUNDATION COLLECTS DONATIONS FROM MANUFACTURERS, RETAILERS, AND DISTRIBUTORS, AND DISTRIBUTES THEM TO CHILDREN'S CHARITIES NATIONWIDE AND ACROSS THE GLOBE.
    Expenses $35,233,455 · grants $35,180,508
  • THE TOY FOUNDATION CREATED THE CHILDREN'S HOSPITAL PLAY GRANTS PROGRAM TO BRING THE HEALING POWER OF PLAY TO CHILDREN IN HOSPITAL SETTINGS, ESPECIALLY THOSE IN UNDERSERVED COMMUNITIES.UNDERGOING COMPLICATED MEDICAL PROCEDURES, FACING LIFE-THREATENING ILLNESSES AND INJURIES, AND FEELING ISOLATED AND HELPLESS ARE COMMON EXPERIENCES FOR CHILDREN AND THEIR FAMILIES IN HEALTHCARE SETTINGS. ACCESS TO PLAY CAN HELP RELIEVE THIS STRESS, CREATE EASE, AND HAVE AN OVERALL POSITIVE IMPACT ON CHILDREN'S RELATIONSHIPS AND WELL-BEING.THE CHILDREN'S HOSPITAL PLAY GRANTS PROGRAM DISTRIBUTES GRANTS TO CHILDREN'S HOSPITALS THROUGHOUT THE UNITED STATES TO ENABLE THEM TO CREATE STIMULATING AND CALMING SENSORY EXPERIENCES; OFFER IN-ROOM TECHNOLOGY TO BROADCAST PLAY ACTIVITIES; UPGRADE WAITING AREAS; ASSEMBLE THERAPEUTIC PLAY KITS; AND MORE.
    Expenses $441,476 · grants $405,469
  • THE FOUNDATION WORKS WITH A NETWORK OF COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY TO ATTRACT DIVERSE, YOUNG TALENT TO CAREER PATHWAYS IN THE TOY INDUSTRY. THE FOUNDATION ENGAGES TOY INDUSTRY PROFESSIONALS ACROSS BUSINESS SECTORS, CAREER LEVELS, AND PERSONAL BACKGROUNDS TO ILLUSTRATE THE VARIETY OF EXCITING CAREER OPPORTUNITIES AND PLACE STUDENTS IN INTERNSHIPS AND FIRST HIRE POSITIONS.
    Expenses $44,768 · grants $11,840
  • RAISE FUNDS IN MEMORY OF RICHARD GOTTLIEB TO BENEFIT STUDENTS AT UNIVERSITY OF RICHMOND WHICH WAS HIS ALMA MATER AND HIS REQUEST.
    Expenses $10,000 · grants $10,000
  • THE TOY FOUNDATION'S EMERGENCY GRANTS PROGRAM BRINGS THE HEALING POWER OF PLAY TO CHILDREN AND FAMILIES IN THE WAKE OF NATURAL DISASTERS, DOMESTIC UPHEAVAL AND OTHER HUMANITARIAN CRISES.
    Expenses $1,000 · grants $1,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-6161457
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,972,887
Income (IRS master file)
$37,276,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$6,925,131$7,592,026$3,298,425IRS
990December 2022$11,749,554$12,158,737$3,316,773IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about THE TOY FOUNDATION INC

What is the EIN of THE TOY FOUNDATION INC?
The employer identification number (EIN) of THE TOY FOUNDATION INC is 13-6161457.
Is THE TOY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to THE TOY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE TOY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE TOY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE TOY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE TOY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JEFF SNYDERMAN.
Who are the officers and directors of THE TOY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $293,435 (PAMELA MASTROTA, EXECUTIVE DIRECTOR).
How much revenue does THE TOY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $35,929,576, expenses of $36,371,041 and total assets of $3,972,887 at year end.

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