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Akron Community Foundation

Public charity990-T FY2023
Foundations · AKRON, OH · EIN 34-1087615

About

To identify, activate, and support informed and passionate philanthropists who strive to improve the quality of life in our community. We accomplish this by:- building a permanent source of charitable funding- cultivating strategic relationships with diverse charitable individuals, professional advisors, and community organizations- inspiring new donors by capturing and sharing compelling examples of the positive impact of philanthropy in our community- educating and connecting donors to nonprofit organizations whose needs match the donor's interests

Donations are tax-deductible
Category
Foundations
Employees
21
Volunteers
24

Financial Snapshot

FY ending 2025-03-31
Revenue
$20.3M
Expenses
$20.0M
Assets
$305.5M
Liabilities
$38.9M

Financial history

$33.8M$16.9M$0
1819202122232425
RevenueExpenses
Latest FY2025: $20.3M · Peak FY2024: $33.8M · Avg: $22.1M

Foreign activity (Schedule F)

Total spent abroad$1.5M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$15.5M
AKRON COMMUNITY FOUNDATION
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Address

345 W Cedar ST
Akron, OH, 44307-240

Governance

Voting board members24
Independent members24
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %0.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
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IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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