NonprofitsCanton Student Loan Foundation

Canton Student Loan Foundation

CANTON, OH

Total revenue

$1.5M

Total expenses

$252K

Net assets

$17.1M

Grants received

$929K

23 grants

EIN

340906580

Tax year

2024

Mission

To help graduates of stark county high schools achieve higher education by granting low interest loans to eligible applicants

Programs

1 program

Membership development: this program educates the community about the loan services of the canton student loan foundation and encourages community donations to the foundation in order to increase the pool of funds available for the revolving loan program. Active membership numbers are 197.

Expenses: $58K

Financials

FY 2024

Revenue

Contributions & grants$860K
Program service revenue$250K
Investment income$348K
Other revenue$37K
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits$170K
Fundraising
Other expenses$82K
Total expenses$252K
Total assets$17.2M
Net assets$17.1M

People

21 listed

NameRoleCompensation

ROBERT BELDEN

Trustee

Board

0.25 hrs/wk

SAM DORTO JR

Trustee

Board

0.25 hrs/wk

GEORGE DOWNES

TREASURER

Board

0.25 hrs/wk

MARY BEDDELL

Trustee

Board

0.25 hrs/wk

ANDREW LUNTZ

Trustee

Board

0.25 hrs/wk

GEORGE W MAY JR

HONORARY TRUSTEE

Board

0

DENNIS FULMER

Trustee

Board

0.25 hrs/wk

MARY BETH GREEN

Trustee

Board

0.25 hrs/wk

LEE ANN THORN

Trustee

Board

0.25 hrs/wk

JUDI MALINOWSKI

Trustee

Board

0.25 hrs/wk

KATHY POPORAD

Vice President

Board

0.25 hrs/wk

SUSAN MARCH

Trustee

Board

0.25 hrs/wk

JOANN SMITH

PRESIDENT

Board

0.25 hrs/wk

GRETCHEN TUCKER

Trustee

Board

0.25 hrs/wk

MICHAEL GALLINA

PAST PRESIDENT

Board

0.25 hrs/wk

AMBER WALLACE

Trustee

Board

0.25 hrs/wk

CHRISTOPHER BURR

SECRETARY

Board

0.25 hrs/wk

BRENT FATZINGER

Trustee

Board

0.25 hrs/wk

JORDAN GREENWALD

Trustee

Board

0.25 hrs/wk

ROBERT HENDERSON

HONORARY TRUSTEE

Board

0

KIMBERLY LEGGETT

EXECUTIVE DIRECTOR

Staff

$77K

32 hrs/wk

Independent contractors

NONE

Grants received

Showing 23 of 23

FromAmountPurposeYear
$222K
EDUCATION
2024
$50K
TO FULLY FUND SLFNC LOAN DISBURSEMENTS FOR 2024-2025
2024
$10K
GENERAL OPERATING
2024
$218K
EDUCATION
2023
$10K
GENERAL SUPPORT
2023
$5K
Unrestricted
2023
$3K
GENERAL PURPOSE
2023
$1K
GENERAL OPERATING
2023
$222K
EDUCATION
2022
$10K
GENERAL SUPPORT
2022
$3K
GENERAL PURPOSE
2022
$1K
GENERAL OPERATING
2022
$50K
STUDENT LOAN FINANCING
2021
$3K
GENERAL PURPOSE
2021
$89K
GENERAL SUPPORT
2020
$15K
CURRENT OPERATIONS
2020
$5K
GENERAL OPERATING
2020
$3K
GENERAL PURPOSE
2020
$3K
GENERAL PURPOSE
2019
$5K
NORMAN E JACKSON FUND
2017
$3K
GENERAL PURPOSES
2017

Funded by

$929K from 11 funders · 23 grants · 2017–2024

Stark Community Foundation

$751K · 4 grants · 2020–2024

Timken Foundation Of Canton

$50K · 1 grant · 2021

Hoover Foundation Income Account

$30K · 3 grants · 2022–2024

The Klein-Lottman Family Fund

$15K · 6 grants · 2017–2023

Fred F Silk Charitable Foundation

$15K · 1 grant · 2020

WR Timken Jr Foundation

$10K · 2 grants · 2017–2023

Details

EIN340906580
Subsection03
Ruling date1945-01
Formed1922
Employees3
Volunteers18
CANTON STUDENT LOAN FOUNDATION — Mission, Financials & Grants Received | Grantivo