Program areas at Akron Community Foundation
During fiscal year 2022, 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 $8,515,436 via 1,699 grants and other distributions totaled over $4,089,880 through endowment fund via 398 grants and other distributions. Akron Community Foundation awarded over 177 scholarships totaling $491,319.
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 03/2022 | FYE 03/2021 | % Change |
|---|
| Total grants, contributions, etc. | $19,758,048 | $22,353,578 | -11.6% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $10,030,527 | $7,961,608 | 26% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-502,192 | $9,018,959 | -105.6% |
| Net income from fundraising events | $-44,141 | $-56,819 | 22.3% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $29,242,242 | $39,277,326 | -25.5% |
Organizations like Akron Community Foundation
| Organization | Type | Location | Revenue |
|---|
| Chester County Community Foundation (CCCF) | 501(c)(3) | West Chester, PA | $21,195,715 |
| Grand Rapids Community Foundation | 501(c)(3) | Grand Rapids, MI | $51,066,997 |
| Community Foundation of Northwest Mississippi | 501(c)(3) | Hernando, MS | $12,270,010 |
| Truman Heartland Community Foundation (THCF) | 501(c)(3) | Independence, MO | $25,771,089 |
| East Tennessee Foundation (ETF) | 501(c)(3) | Knoxville, TN | $23,055,951 |
| Baton Rouge Area Foundation | 501(c)(3) | Baton Rouge, LA | $55,703,797 |
| Fairfield County's Community Foundation | 501(c)(3) | Norwalk, CT | $46,758,216 |
| Jackson Community Foundation | 501(c)(3) | Jackson, MI | $9,919,167 |
| Nebraska Community Foundation (NCF) | 501(c)(3) | Lincoln, NE | $20,781,363 |
| Southcoast Community Foundation | 501(c)(3) | New Bedford, MA | $13,725,688 |
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
May 27, 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 West Cedar St
- Akron, OH 44307
- Metro area
- Akron, OH
- County
- Summit County, 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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