Overview
What is Akron Community Foundation?
The Akron Community Foundation, located at 345 West Cedar Street in Akron, Ohio, is a thriving nonprofit organization dedicated to improving life in the greater Akron area. During fiscal year 2023, they granted over $13 million to various community programs, focusing on arts & culture, education, health & human services, and civic affairs. Their mission involves building permanent endowments and providing philanthropic leadership, enabling donors to make lasting investments in the community. With a team of 21 employees, the Akron Community Foundation has awarded over 1,735 grants and other distributions, along with 468 grants and other distributions through endowment funds. Additionally, they have granted over 187 scholarships worth $443,570.
Official website here: www.akroncf.org
Is Akron Community Foundation legitimate?
Akron Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akron Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $951,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,165,626
For more financial information, click here
Official website here: www.akroncf.org
What is the mission statement of Akron Community Foundation?
The Akron Community Foundation strives to enhance the quality of life in various communities by establishing permanent endowments and exercising philanthropic leadership. Donors are enabled to make lasting investments in their community through this mission. In the previous fiscal year, the foundation concentrated on four primary grant-making priorities: arts and culture, education, health and human services, and civic affairs. Over $9.5 million was granted from unrestricted and advised funds, and nearly $3.5 million was distributed through endowment funds. Moreover, over 187 scholarships amounting to $443,570 were awarded by the foundation.
Official website here: www.akroncf.org
Who is the CEO of Akron Community Foundation?
John T Petures Jr is the Chair of Akron Community Foundation. The CEO's salary of Akron Community Foundation is $295,641 and their total compensation is $388,251.
Official website here: www.akroncf.org
What is the revenue of Akron Community Foundation?
Akron Community Foundation's revenue in 2023 was $11,908,040.
Official website here: www.akroncf.org
Who are the executives of Akron Community Foundation and what are their salaries?
The average compensation at Akron Community Foundation during 2023 was $100,808. There are 21 employees and 24 volunteers at Akron Community Foundation.
Here are 30 key members and their salaries (Akron Community Foundation's CEO's salary is $295,641 and their total compensation is $388,251):
- John T Petures Jr (President & Ceo)
- Steven H Schloenbach (Vice President, Finance & Cfo)
- Margaret Medzie (Vice President, Development)
- John Garofalo (Vice President, Community Investment)
- Dennis Jansky (Director Of Accounting And Administration)
- Tracy Burt (Director Of Marketing)
- Sylvia Trundle (Chair) [Trustee/Director]
- Marty Hauser (Vice Chair/Strategic Planning Chair) [Trustee/Director]
- J Bret Treier (Treasurer/Finance Chair) [Trustee/Director]
- James Pickard (Secretary) [Trustee/Director]
- Richard Fedorovich (Immediate Past Chair) [Trustee/Director]
- Jody Konstand (Community Investment Chair) [Trustee/Director]
- Bill Steere (Community Relations Chair) [Trustee/Director]
- Rachel Talton (Governance Chair) [Trustee/Director]
- Mike Zeleznik (Audit Chair) [Trustee/Director]
- S Theresa Carter (Trustee)
- Tracy Carter (Trustee)
- Carla Chapman (Trustee)
- Claudia Diaz-Singer (Trustee)
- Kim Haws Falasco (Trustee)
- Bennett Gaines (Trustee)
- Doug Kuczynski (Trustee)
- Shefali Mahesh (Trustee)
- Angelina Milo (Trustee)
- Brian Moore (Trustee)
- Ernest Pouttu (Trustee)
- Steve Schmidt (Trustee)
- Ilene Shapiro (Trustee)
- Katie Smucker (Trustee)
- Keeven White (Trustee)
Official website here: www.akroncf.org
Where can I find the form 990 for Akron Community Foundation?
The Akron Community Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.akroncf.org
Learn more at the official website: www.akroncf.org
Mission Statement of Akron Community Foundation
Akron Community Foundation is a philanthropic organization committed to improving the quality of life in the greater Akron area. By building permanent endowments and providing leadership, this foundation enables donors to make lasting investments in their community. In the fiscal year 2023, Akron Community Foundation focused on four grant-making priorities: arts & culture, education, health & human services, and civic affairs.
Through unadvised and advised funds, the organization distributed over $9,501,158 in grants and other distributions. This significant investment in the community supported various programs that aimed to enrich the lives of local residents. Furthermore, via endowment funds, Akron Community Foundation granted over $3,482,850. This funding contributed to the long-term sustainability of initiatives that address the needs of the community.
Scholarships were also a vital aspect of Akron Community Foundation's work during this period. Over 187 scholarships worth $443,570 were awarded. These scholarships provided opportunities for individuals to further their education and contribute to the community in the future. In summary, Akron Community Foundation's mission is to foster lasting change in the greater Akron area by harnessing the power of philanthropy. Through strategic grant-making and community partnerships, the foundation is making a positive impact on the lives of many.
Impact
This information is meant to be a general summary of Akron Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Akron Community Foundation's impact includes improving the quality of life in the Greater Akron area through building permanent endowments and providing philanthropic leadership. In fiscal year 2023, the foundation focused on four defined grant-making priorities: supporting programs in arts & culture, education, health & human services, and civic affairs. They distributed over $9.5 million in grants through unrestricted and advised funds, as well as over $3.4 million through endowment funds, totaling 1,735 grants and 468 grants respectively. Additionally, the foundation awarded over 187 scholarships totaling $443,570. This demonstrates their commitment to making lasting investments in the community and supporting various important causes.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Organization Details
Founding Year
1955
Phone
(330) 376-8522
Principal Officer
John T Petures Jr
Main Address
345 WEST CEDAR ST, AKRON, OH, 443072407
Website
www.akroncf.org
NTEE Category
Code: T310 - Philanthropy
If you are a representative of Akron Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.