Program areas at Akron Community Foundation
During fiscal year 2023, Akron Community Foundation continued its focus on four defined grant-making priorities. Those include supporting programs in the Community that are focused on arts & culture, education, health & human services, and civic affairs. Total grant making back to the Community through unrestricted and advised fund totaled over $9,501,158 via 1,735 grants and other distributions totaled over $3,482,850 through endowment fund via 468 grants and other distributions. Akron Community Foundation awarded over 187 scholarships totaling $443,570.
Grants made by Akron Community Foundation
Who funds Akron Community Foundation
Grants from foundations and other nonprofits
Personnel at Akron Community Foundation
| Name | Title | Compensation | Date of data |
|---|
| John T. Petures | President and Chief Executive Officer | | 2023-05-05 |
| Steve Schloenbach | Vice President and Chief Financial Officer | | 2023-05-05 |
| Margaret Medzie | Vice President and Chief Development Officer | $148,411 | 2023-05-05 |
| Steven H Schloenbach | Vice President , Finance | $156,910 | 2022-03-31 |
| John Garofalo | Vice President , Community Investment | $140,106 | 2023-05-05 |
| ...and 21 more key personnel |
Financials for Akron Community Foundation
| Revenues | FYE 03/2023 | FYE 03/2022 | % Change |
|---|
| Total grants, contributions, etc. | $8,950,295 | $19,758,048 | -54.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $6,702,827 | $10,030,527 | -33.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-3,646,567 | $-502,192 | -626.1% |
| Net income from fundraising events | $-98,515 | $-44,141 | -123.2% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $11,908,040 | $29,242,242 | -59.3% |
Organizations like Akron Community Foundation
| Organization | Type | Location | Revenue |
|---|
| East Tennessee Foundation (ETF) | 501(c)(3) | Knoxville, TN | $25,934,976 |
| Stark Community Foundation | 501(c)(3) | Canton, OH | $26,297,363 |
| Chester County Community Foundation (CCCF) | 501(c)(3) | West Chester, PA | $21,195,715 |
| Grand Rapids Community Foundation | 501(c)(3) | Grand Rapids, MI | $8,730,097 |
| North Carolina Community Foundation (NCCF) | 501(c)(3) | Raleigh, NC | $24,377,624 |
| Brown County Community Foundation | 501(c)(3) | Nashville, IN | $3,112,590 |
| Community Foundation for South Central New York (CFSCNY) | 501(c)(3) | Johnson City, NY | $3,449,622 |
| Coastal Community Foundation | 501(c)(3) | N Charleston, SC | $52,548,075 |
| Community Foundation of Central Wisconsin | 501(c)(3) | Stevens Point, WI | $5,530,583 |
| Community Foundation of Northwest Mississippi | 501(c)(3) | Hernando, MS | $11,306,408 |
Data update history
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsOperates internationallyState / local levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donations
General information
- Address
- 345 W Cedar St
- Akron, OH 44307
- Metro area
- Akron, OH
- Website URL
- akroncf.org/Â
- Phone
- (330) 376-8522
IRS details
- EIN
- 34-1087615
- Fiscal year end
- March
- Taxreturn type
- Form 990
- Year formed
- 1955
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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