The University of Toledo Foundation
Toledo, OH · EIN 34-6555110 · Education · Rank 11,660 by total revenue
Aligning donor passion and generosity to advance the university of toledo through fundraising, stewardship, and prudent asset management to provide scholarship opportunities for students, tier one athletic programs, education events enlisting academic and technical scholars in the fields of stem, business, medicine, and fine arts, as well as supporting main campus and hospital infrastructure, state of the art medical technology, and world-class research.
Money, Form 990 for tax year 2024
- Total revenue
- $40,509,886
- Total expenses
- $29,530,063
- Total assets
- $845,033,402
- Salary base (all salaries and wages)
- $6,478,044
- Salaries, other pay and benefits
- $7,905,316
- Employees
- 66
- Salary base per employee
- $98,152
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (30)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Brenda S Lee | PRESIDENT | Officer | 38 | $316,373 |
| Randy Rothenbuhler | CFO | Officer | 35 | $218,936 |
| Susan Payden | CHAIR | Board, Officer | 1 | None reported |
| Nancy Miller | VICE-CHAIR | Board, Officer | 1 | None reported |
| Yvonne McNulty | TREASURER | Board, Officer | 1 | None reported |
| Nadeem Salem | SECRETARY | Board, Officer | 1 | None reported |
| Floyd Akins | VP OF ADVANCEMENT (THROUGH 01/2025) | Key employee | 40 | $371,595 |
| Robert Bleile | TRUSTEE | Board | 1 | None reported |
| Sheri Bokros | TRUSTEE | Board | 1 | None reported |
| James Caldwell | TRUSTEE | Board | 1 | None reported |
| Tiffany Cavanaugh | TRUSTEE | Board | 1 | None reported |
| Jeffrey Cole | TRUSTEE | Board | 1 | None reported |
| Mui-Ling Y Dong | TRUSTEE | Board | 1 | None reported |
| Myron Duhart | TRUSTEE | Board | 1 | None reported |
| James Jaros | TRUSTEE | Board | 1 | None reported |
| George Lathrop | TRUSTEE | Board | 1 | None reported |
| Jean Lovejoy | TRUSTEE | Board | 1 | None reported |
| Eva McQuillen | TRUSTEE | Board | 1 | None reported |
| Shawn Nelson | TRUSTEE | Board | 1 | None reported |
| David Nottke | TRUSTEE | Board | 1 | None reported |
| Steven Reinbolt | TRUSTEE | Board | 1 | None reported |
| Bradley J Rieger | TRUSTEE | Board | 1 | None reported |
| Matthew Rubin | TRUSTEE | Board | 1 | None reported |
| Robert Schoonmaker | TRUSTEE | Board | 1 | None reported |
| Rasesh Shah | TRUSTEE | Board | 1 | None reported |
| Martin Sutter | TRUSTEE | Board | 1 | None reported |
| Thomas Wakefield | TRUSTEE | Board | 1 | None reported |
| Robin Whitney | TRUSTEE | Board | 1 | None reported |
| Matthew Schroeder | EX-OFFICIO | Board | 1 | None reported |
| Andrew Swinerton | EX-OFFICIO | Board | 1 | None reported |
Top 10 paid people listed
These 8 people received $1,969,086, which is 30.4% of the $6,478,044 salary base shared by 66 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Floyd Akins | VP OF ADVANCEMENT (THROUGH 01/2025) | Key employee | 40 | $273,648 | $0 | $97,947 | $371,595 |
| Brenda S Lee | PRESIDENT | Officer | 38 | $283,851 | $0 | $32,522 | $316,373 |
| William Pierce | ASSOCIATE VP OF ALUMNI ENG | Highly paid employee | 10 | $203,522 | $0 | $36,104 | $239,626 |
| Barb Fischer | ASSOCIATE VP OF ADVANCEMEN | Highly paid employee | 40 | $185,385 | $0 | $35,027 | $220,412 |
| Randy Rothenbuhler | CFO | Officer | 35 | $185,499 | $0 | $33,437 | $218,936 |
| David Zelenka | ASSOCIATE VP OF HEALTH FIN | Highly paid employee | 40 | $190,337 | $0 | $24,454 | $214,791 |
| Jennifer Schaefer | DIRECTOR OF DEVELOPMENT | Highly paid employee | 40 | $149,721 | $0 | $44,941 | $194,662 |
| Maren Kurtz | ASSOCIATE VP OF HR & ADV. | Highly paid employee | 40 | $161,151 | $0 | $31,540 | $192,691 |
Sources
- IRS e-file return 202631279349301953 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 34-6555110
- Organization website (as filed): www.utfoundation.org