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PeerBasis
Compensation Comparability Determination

Toledo Community Foundation

Executive Director / CEO

EIN 113729710
OH · NTEE T113
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mr Keith Burwell, Executive Director / CEO ($61,652) against every comparable organization that fit the selection criteria — 15 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 80th percentile of comparable organizationswithin the typical range

Benchmarked executive: Mr Keith Burwell — reported title “SECRETARY/TREASURER THRU AUGUST 2024”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$839 total compensation of comparable organizations → $153,427 $61,652
$10,28910th
$25,89325th
$41,364Median
$53,32275th
$93,81090th
$61,652This org · 80th
p10$10,289
p25$25,893
p50$41,364
p75$53,322
p90$93,810
$61,652

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to OH cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Soar Youth And Adult Choir CO$4,938 Music Director $1,800 $1,678 2023
Charitable Holdings Ii TX$4,700 Asst Secretary $24,570 $23,205 2024
Lippincott Family Foundation AZ$4,518 Treasurer & Secretary (Thru 12/23) $27,677 $25,131 2024
La Frontera Conservation Fund TX$5,500 Vp/director $101,360 $95,729 2024
Say Hey Foundation Inc CA$5,556 Treasurer $43,588 $36,585 2023
Albert L Schultz & Janet A Schultz CA$5,884 Assistant Treasurer (From 5/30/24) $50,736 $41,364 2024
Ea Holding NC$3,590 President And Ceo $48,900 $47,705 2024
Actors' Equity Foundation Inc NY$3,449 Managing Director $106,581 $90,931 2024
Orange County Teachers Of The Year Award CA$3,350 Principal/president $188,191 $153,427 2024
The Molly Lawson Foundation Inc AZ$6,768 Secretary & Treasurer (Thru 12/23) (Non-voting) $29,610 $26,886 2024
Linda And G Arnold Kaufman MD$6,819 President & Public Dir. Until 07/24 $30,197 $26,655 2024
Faulkner University Foundation AL$6,900 President $48,780 $51,225 2023
Ccf Real Estate Holdings 2 CA$7,022 President $66,677 $54,360 2024
Afc Public Foundation AZ$7,056 President $924 $839 2024
Kay Andrews Educational Foundation FL$7,340 Officer $55,000 $52,283 2022

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OH cost of living and 2024 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to OH cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default80th
Total compensation (D + F), as reported (no adjustments)73rd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted60th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Mr Keith Burwell) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 15 similarly situated organizations (Same NTEE major group (T), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $61,652 is reasonable (approximately the 80th percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.