Public Charity

TERRA COLLEGE FOUNDATION

TERRA COLLEGE FOUNDATION is a Public Charity headquartered in FREMONT, OH. Financial data from the 2025 filing: $611K revenue, $949K expenses, $7.4M total assets. 9 publicly reported grants to this organization, totaling roughly $186K, appear in IRS filings.

EIN: 341650500 FREMONT, OH Latest filing: 2025
Total Revenue$611K
Total Expenses$949K
Total Assets$7.4M
Grant Records9
Funding Total$186K
Filing Years2021–2025

Mission

THE TERRA COLLEGE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, OR SCIENTIFIC PURPOSES BY CONDUCTING AND SUPPORTING ACTIVITIES WHICH BENEFIT OR CARRY OUT THE EDUCATIONAL PROGRAMS AND SERVICES OF TERRA COMMUNITY COLLEGE, INCLUDING, BUT NOT LIMITED TO THE FOLLOWING: TO RENDER FINANCIAL ASSISTANCE TO THE EDUCATIONAL PROGRAMS, SERVICE AND FACILITIES OF TERRRA STATE COMMUNITY COLLEGE, A STATE INSTITUTION OF HIGHER LEARNING, AUTHORIZED AND EXISTING UNDER CHAPTER 3358 OF THE STATE OF OHIO. THE FOUNDATION RAISES AND ADMINISTERS FUNDS TO SUPPORT STUDENT SCHOLARSHIPS AND TO PURCHASE INSTRUCTIONAL LABORATORY EQUIPMENT FOR THE LEARNING LABS.

Officers & Directors

BOARD MEMBER Andrew Morgan
Secretary D Anne Zimmerman
BOARD MEMBER James Lahoski
BOARD MEMBER James Rumbarger
BOARD MEMBER John R Ball
BOARD MEMBER Mircea Handru

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL
$87,775 2 grants
EDUCATION
$57,848 4 grants
FOSTORIA LEARNING CENTER, SCHOLARSHIP FUND - BUSINESS / ENGINEERING STUDENTS.
$20,500 1 grant
SUPPORT FOR FOSTORIA RESIDENTS' EDUCATION/TRAINING AT TERRA STATE COMMUNITY COLLEGE.
$14,773 1 grant
IMAGINATION LIBRARY
$5,040 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $611K $949K $7.4M
2024 $631K $839K $7.3M
2023 $864K $563K $6.9M
2022 $482K $760K $6.3M
2021 $1.7M $464K $6.9M

Between 2021 and 2025, reported annual revenue declined from $1.7M to $611K (-63%), with total assets most recently reported at $7.4M.

Interactive year-over-year charts and full filing details available with membership.

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