NonprofitsAkron Regional Development Board Educational Fund

Akron Regional Development Board Educational Fund

AKRON, OH

Total revenue

$1.8M

Total expenses

$430K

Net assets

$2.8M

Grants received

$1.2M

7 grants

EIN

341202413

Tax year

2024

Mission

Carry out the charitable and educational purposes of the greater akron chamber of commerce.

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income$45K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$420K
Salaries & benefits
Fundraising
Other expenses$9K
Total expenses$430K
Total assets$2.9M
Net assets$2.8M

People

4 listed

NameRoleCompensation

STEVE MILLARD

PRESIDENT & CEO

Board

1 hrs/wk

TIA RAMLOW

TRUSTEE

Board

1 hrs/wk

MARC MERKLIN

TRUSTEE

Board

1 hrs/wk

DONZELL TAYLOR

TRUSTEE

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$25K
GENERAL SUPPORT
2024
$707K
ANNUAL DISTRIBUTION
2023
$100K
TO CREATE AN EMPLOYER WORK EXPERIENCE PORTAL SUPPORTING ECOSYSTEM PARTNER EFFORTS TO INCREASE HIGH SCHOOL, COLLEGE AND YOUNG ADULT WORK EXPERIENCE PARTICIPATION, ESPECIALLY IN THE BLACK COMMUNITY.
2022
$200K
to support the COVID-19 Small Business Emergency Relief Grant Program in 2020
2020
$50K
to support Choose Growth 330 activities in 2020 ($50,000) and 2021 (50,000)
2020
$5K
FOR THE 2020 ANNUAL COMMITMENT
2020
$115K
FOR THE 2019 ANNUAL COMMITMENT
2019

Funded by

$1.2M from 3 funders · 7 grants · 2019–2024

Akron Community Foundation

$927K · 4 grants · 2019–2023

Burton D Morgan Foundation Inc

$250K · 2 grants · 2020

Greater Akron Chamber

$25K · 1 grant · 2024

Details

EIN341202413
Subsection03
Ruling date1976-09
Formed1976
Employees0
Volunteers3
AKRON REGIONAL DEVELOPMENT BOARD EDUCATIONAL FUND — Mission, Financials & Grants Received | Grantivo