Nonprofit · EIN 31-6018703
TROY FOUNDATION
Tax-exempt · TROY, OH 45373
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,454,469 | $11,383,097 | $2,071,372 | $159,134,246 | $9,717,309 | $149,416,937 |
| December 31, 2023 | 990 | $11,964,419 | $10,295,980 | $1,668,439 | $141,156,124 | $8,654,812 | $132,501,312 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,476,436
- Program service revenue
- $0
- Investment income
- $4,951,672
- Net gain from sales of assets
- $1,982,344
- Net income from fundraising events
- $26,361
- Other revenue
- $26,361
Expenses
- Grants and similar amounts paid
- $9,993,458
- Compensation of officers, directors and key employees
- $181,988
- Other salaries and wages
- $317,220
- Salaries, compensation and benefits (total)
- $630,977
- Professional fundraising fees
- $0
- Accounting fees
- $41,943
- Occupancy
- $7,373
- Travel
- $2,239
- Depreciation
- $2,722
- Program services (functional)
- $9,993,458
- Management and general (functional)
- $1,389,639
Balance sheet and other
- Total assets, start of year
- $141,156,124
- Total assets, end of year
- $159,134,246
- Total liabilities, end of year
- $9,717,309
- Net assets, end of year
- $149,416,937
- Land, buildings and equipment
- $2,335
- Publicly traded securities
- $90,579,584
- Net assets without donor restrictions
- $26,366,856
- Net assets with donor restrictions
- $123,050,081
- Gross receipts
- $35,673,737
- Employees
- 7
- Volunteers
- 22
- Year formed
- 1924
- State of legal domicile
- OH
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA KLEPTZ | PRESIDENT & Officer | 39.9 | $150,000 | $31,988 |
| SUSAN BEHM | GOVERNING BO Trustee or director | 1 | $0 | $0 |
| BRENT BLACK | GOVERNING BO Trustee or director | 1 | $0 | $0 |
| JOE DICKERSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TOM GIERE | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| COLLEEN GILARDI | GOV BD DISTR Trustee or director | 1 | $0 | $0 |
| KATHY KERBER | GOVERNING BO Trustee or director | 1 | $0 | $0 |
| TOM KLEPZ | GOV BD/TRUST Trustee or director | 1 | $0 | $0 |
| DOUG LINS | GOVERNING BO Trustee or director | 1 | $0 | $0 |
| MAURICE SADLER | GOVERNING BO Trustee or director | 1 | $0 | $0 |
| CRAIG WISE | GOVERNING BO Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA KLEPTZ | PRESIDENT & CEO Officer | 39.9 | $126,856 | $48,061 |
| JOE DICKERSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN BEHM | GOV BD Trustee or director | 1 | $0 | $0 |
| BRENT BLACK | GOV BD Trustee or director | 1 | $0 | $0 |
| DAVE FISHER | GOV BD/TRUSTEES COMMITTEE Trustee or director | 1 | $0 | $0 |
| TOM GIERE | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| COLLEEN GILARDI | GOV BD/DISTRIBUTION COMMITTEE Trustee or director | 1 | $0 | $0 |
| KATHY KERBER | GOV BD Trustee or director | 1 | $0 | $0 |
| TOM KLEPTZ | GOV BD/TRUSTEES COMMITTEE Trustee or director | 1 | $0 | $0 |
| DOUG LINS | GOV BD Trustee or director | 1 | $0 | $0 |
| ED PURVIS | GOV BD Trustee or director | 1 | $0 | $0 |
| MAURICE SADLER | GOV BD Trustee or director | 1 | $0 | $0 |
| CRAIG WISE | GOV BD Trustee or director | 1 | $0 | $0 |
| WILLIAM J FULKER | SECRETARY GOV BD (NONVOTING) Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 216 W FRANKLIN ST, TROY, OH 45373-3234
- In care of
- % STAR BANK NA
- Principal officer (990 for 2024)
- MELISSA KLEPTZ, 216 W FRANKLIN ST, TROY, OH 45373
- Signed the 990
- MELISSA KLEPTZ, PRESIDENT & CEO
- Phone
- (937) 339-8935
- Website
- WWW.THETROYFOUNDATION.COM
- Return prepared by
- KENTNER SELLERS LLP
Mission
TO IMPROVE THE QUALITY OF LIFE FOR OUR COMMUNITY BY CONNECTING DONORS TO MEANINGFUL CAUSES FOR A BETTER TOMORROW.
Program accomplishments
- THE TROY FOUNDATION PROVIDES GRANTS TO ORGANIZATIONS PROVIDING SERVICES IN THE AREAS OF ARTS AND CULTURE, EDUCATION, HEALTH AND HUMAN SERVICES, SOCIAL STUDIES, YOUTH DEVELOPMENT, BEAUTIFICATION, PROTECTING WILDLIFE AND THE ENVIRONMENT, AND EMERGENCY GRANTS TO ASSIST NON-PROFITS.Expenses $9,993,458 · grants $9,993,458
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-6018703
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1949
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $159,134,246
- Income (IRS master file)
- $35,673,737
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,454,469 | $11,383,097 | $159,134,246 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $11,964,419 | $10,295,980 | $141,156,124 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $11,701,989 | $8,604,327 | $123,423,524 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 TROY FOUNDATION
- What is the EIN of TROY FOUNDATION?
- The employer identification number (EIN) of TROY FOUNDATION is 31-6018703.
- Is TROY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
- Are donations to TROY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TROY FOUNDATION 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 TROY FOUNDATION 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 TROY FOUNDATION 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 TROY FOUNDATION?
- The 990 for the year ended December 31, 2024 names MELISSA KLEPTZ.
- Who are the officers and directors of TROY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $150,000 (MELISSA KLEPTZ, PRESIDENT &).
- How much revenue does TROY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,454,469, expenses of $11,383,097 and total assets of $159,134,246 at year end.
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- THE LUCIA HOBART BRAVO MEMORIAL INC EIN 81-3855262 · last filed 990-PF for 2025
- KYLE TERRIAN MEMORIAL FUND EIN 47-1081339 · last filed 990-N for 2024
- TF LAND INC EIN 26-1645416 · last filed 990 for 2024
- MENTORING PARTNERSHIP OF MIAMI COUNTY INC EIN 93-4073856 · last filed 990-N for 2025
- TBPA INC EIN 31-1799228 · last filed 990-N for 2025
- TROY LIONS CHARITIES INC EIN 56-2541900 · last filed 990-N for 2025
- HOBART INSTITUTE OF WELDING TECHNOLOGY EIN 31-6032186 · last filed 990 for 2025
All nonprofits in TROY · Ohio · Philanthropy, voluntarism and grantmaking foundations