NonprofitsUniversity Of Akron Foundation

Education

University Of Akron Foundation

AKRON, OH

Total revenue

$26.4M

Total expenses

$24.8M

Net assets

$268.0M

Grants received

$40.6M

318 grants

EIN

346575496

Tax year

2023

Mission

To manage property, investments and certain expenditures for the benefit of the university of akron.

Programs

3 programs

Student financial aid: one of the foundation's objectives is to assist the university of akron with funding for student financial aid. During the fiscal year ended june 30, 2024, the foundation provided funding for more than 1,000 scholarship accounts within the university of akron.

Expenses: $5.9MGrants: $5.9M

Physical improvements and operational support: the university of akron foundation continues to support the university of akron campus enhancements by funding or helping to fund physical improvements. During the fiscal year ended june 30, 2024, the foundation provided the following:1) $500,000 for ua football stadium 2) $362,532 for ej thomas renovations3) $137,844 athletic track renovation

Expenses: $4.1MGrants: $4.1M

Auxilliary programs: the university of akron foundation provided donor-designated financial assistance to the athletic program, the performing arts hall at the university of akron, and ej thomas performance hall.

Expenses: $1.1MGrants: $1.1M

Financials

FY 2023

Revenue

Contributions & grants$18.6M
Program service revenue
Investment income$7.7M
Other revenue
Total revenue$26.4M

Expenses

Grants paid$18.9M
Salaries & benefits
Fundraising$801K
Other expenses$5.9M
Total expenses$24.8M
Total assets$277.3M
Net assets$268.0M

People

39 listed

NameRoleCompensation

PHILIP A LLOYD

DIRECTOR AND CHAIR

Board

1.4 hrs/wk

KATHRYN W DINDO

DIRECTOR AND VICE CHAIR

Board

0.9 hrs/wk

JOHN WIENCEK

EX-OFFICIO DIRECTOR

Board

0.4 hrs/wk

GARY L MILLER

EX-OFFICIO DIRECTOR

Board

0.4 hrs/wk

DALLAS GRUNDY

EX-OFFICIO DIRECTOR

Board

0.4 hrs/wk

IRVIN J MUSSON

SECRETARY

Board

1 hrs/wk

PAMELA S WILLIAMS

DIRECTOR AND VICE CHAIR

Board

0.9 hrs/wk

CHRISTOPHER T TEODOSIO

DIRECTOR

Board

0.2 hrs/wk

DURIYA A DHINJWALA

DIRECTOR

Board

0.1 hrs/wk

HALLE G JONES CAPERS

DIRECTOR

Board

0.1 hrs/wk

GLEN L STEPHENS

DIRECTOR

Board

0.1 hrs/wk

MARLENE K TOOT

DIRECTOR

Board

0.3 hrs/wk

BRIAN C LAYMAN

DIRECTOR

Board

0.4 hrs/wk

JAMES D MCCOOL

DIRECTOR

Board

0.3 hrs/wk

REBECCA SLAYMAN-GALLAGHER

DIRECTOR

Board

0.2 hrs/wk

JOESPH E REECE

DIRECTOR

Board

0.3 hrs/wk

PHILIP S THOMPSON

DIRECTOR

Board

0.3 hrs/wk

SANDRA PIANALTO

DIRECTOR

Board

0.2 hrs/wk

WILLIAM H SKEELES

DIRECTOR

Board

0.2 hrs/wk

THEODORA MUSSON

DIRECTOR

Board

0.2 hrs/wk

MICHAEL D CROME

DIRECTOR

Board

0.2 hrs/wk

RAYMOND K LEE

DIRECTOR

Board

0.2 hrs/wk

RAJKUMAR MAKAM

DIRECTOR

Board

0.2 hrs/wk

JENIFER MEADE

DIRECTOR

Board

0.2 hrs/wk

NAOMI D GANOE

DIRECTOR

Board

0.1 hrs/wk

JOHN R ADAMS

DIRECTOR

Board

0.3 hrs/wk

FRANK P BEVILACQUA

DIRECTOR

Board

0.2 hrs/wk

ANTHONY J ALEXANDER

DIRECTOR

Board

0.3 hrs/wk

SAMUEL D DESHAZIOR

DIRECTOR

Board

0.2 hrs/wk

CARINA S DIAMOND

DIRECTOR

Board

0.3 hrs/wk

LARRY W ALLEN

DIRECTOR

Board

0.1 hrs/wk

DENNIS H GARTMAN

DIRECTOR

Board

0.8 hrs/wk

CHRISTOPHER V GOFF

DIRECTOR

Board

0.1 hrs/wk

DAVID M GRUBB

DIRECTOR

Board

0.2 hrs/wk

KEITH A CLINE

DIRECTOR

Board

0.2 hrs/wk

STEVEN S COX

DIRECTOR

Board

0.2 hrs/wk

LAURA DUDA

DIRECTOR

Board

0.2 hrs/wk

JOSEPH M GINGO

DIRECTOR

Board

0.5 hrs/wk

KIMBERLY M COLE

EXECUTIVE DIRECTOR

Board

10 hrs/wk

Independent contractors

BLACKBAUD INC

SOFTWARE LICENSING

$231K

BUCKINGHAM DOOLITTLE & BURROUGHS LLC

LEGAL SERVICES

$134K

Grants received

Showing 200 of 318

FromAmountPurposeYear
$374K
FOR GENERAL PROGRAM SUPPORT
2024
$190K
PROGRAM SUPPORT
2024
$84K
PROGRAMMATIC SUPPORT
2024
$80K
SUPPORT FOR EDUCATION.
2024
$25K
TO SUPPORT THE MISSION OF THE UNIVERSITY BY PROVIDING UNRESTRICTED SCHOLARSHIP DOLLARS.
2024
$21K
TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE
2024
$15K
PROGRAMMATIC SUPPORT
2024
$13K
School of Law Scholarship Fund
2024
$13K
Dr. George Prough Scholarship Fund
2024
$13K
BLUECOATS SCHOLARSHIP
2024
$12K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$10K
SUPPORT GIFT
2024
$8K
FISHER INSTITUTE FOR PROFESSIONAL SELLING - THOMAS H. TAYLOR SR. SCHOLARSHIP FUND
2024
$8K
SCHOLARSHIP AND GENERAL OPERATING SUPPORT
2024
$4K
TO CONNECT NEOLAUNCHNET VENTURES TO NEEDED LEGAL SERVICES
2024
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$500
Support for education equality.
2024
$50
MATCHING GIFTS
2024
$12M
TO SUPPORT THE TRANSFORMATION OF THE POLSKY BUILDING INTO A CENTER OF ENTREPRENEURSHIP, COMMUNITY COLLABORATION, ARTISTIC PERFORMANCES AND LEARNING; AND TO CONTRIBUTE TO THE CIVIC AND ECONOMIC VIBRANCY OF DOWNTOWN AKRON.
2023
$12M
TO SUPPORT THE TRANSFORMATION OF THE POLSKY BUILDING INTO A CENTER OF ENTREPRENEURSHIP, COMMUNITY COLLABORATION, ARTISTIC PERFORMANCES AND LEARNING; AND TO CONTRIBUTE TO THE CIVIC AND ECONOMIC VIBRANCY OF DOWNTOWN AKRON.
2023
$1.5M
For grant recipient's exempt purposes
2023
$436K
TO SUPPORT DEVELOPING HEROES: IN-SCHOOL GROUP MENTORING FOR URBAN ADOLESCENTS IN AKRON
2023
$185K
PROGRAM SUPPORT
2023
$100K
KNIGHT CENTER FOR CREATIVE ENGAGEMENT
2023
$86K
TO SUPPORT SEED CLINIC
2023
$45K
CHARITABLE DONATION
2023
$35K
Mary Demetrosmemorial scholarshipfund
2023
$32K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$27K
PROGRAMMATIC SUPPORT
2023
$26K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
MEN'S BASKETBALL RESTRICTED ACCOUNT
2023
$25K
GENERAL OPERATING
2023
$25K
TO SUPPORT THE MISSION OF THE UNIVERSITY BY PROVIDING SCHOLARSHIPS.
2023
$25K
TO SUPPORT THE MISSION OF THE UNIVERSITY BY PROVIDING SCHOLARSHIPS.
2023
$25K
D-22-23 THIRD GRADE READING ACTION TEAM
2023
$16K
GENERAL SUPPORT
2023
$15K
GENERAL OPERATING
2023
$15K
School of Law Scholarship Fund
2023
$15K
Dr. George Prough Scholarship Fund
2023
$13K
PROGRAMMATIC SUPPORT
2023
$13K
Donation
2023
$13K
BLUECOATS SCHOLARSHIP
2023
$11K
GENERAL OPERATING
2023
$10K
Program Support
2023
$10K
SUPPORT GIFT
2023
$9K
GENERAL OPERATING
2023
$8K
BIOMANUFACTURING RESEARCH
2023
$6K
MATCHING GIFTS
2023
$5K
DIVERSE ENGINEERING SUMMER CAMPS
2023
$5K
TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE
2023
$4K
AID WESTERN STARK COUNTY STUDENTS IN NEED AS SCHOLARSHIPS OR SUPPLIES AND MATERIALS FOR EDUCATION
2023
$3K
UNDERGRADUATE SCHOLAR AWARDS
2023
$3K
TO PROVIDE SUPPORT FOR SCHOLARSHIPS, GRANTS, AND LOANS.
2023
$3K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
$2K
EDUCATION
2023
$1K
COLLEGE OF BUSINESS ADMINISTRATION S
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
Support for education equality.
2023
$1K
MATCHING GIFTS
2023
$1K
AGENT - INDIVIDUAL HH GRANT
2023
$750
MATCHING GIFT
2023
$700
003 College & Universities
2023
$500
FOR THE H.K. BARKER CENTER FOR ECONOMICS EDUCATION
2023
$500
SCHOLARSHIPS, DONATION & ENDOWMENT
2023
$250
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$200
PROGRAM/OPERATING SUPPORT
2023
$150
Education
2023
$100
PROGRAM/OPERATING SUPPORT
2023
$100
MATCHING GIFTS
2023
$348K
TO SUPPORT SUMMIT COUNTY K-3 TEACHERS IN EVIDENCE-BASED READING INSTRUCTION FOR AT-RISK READERS THROUGH AN EQUITY-INFORMED MULTI-TIERED SYSTEM OF SUPPORTS
2022
$264K
For grant recipient's exempt purposes
2022
$180K
PROGRAM SUPPORT
2022
$130K
UNRESTRICTED GENERAL SUPPORT
2022
$99K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$50K
DEAN NEMER ILLUMINATION WALKWAY PROJECT AT COLLEGE OF BUSINESS
2022
$46K
Exempt purpose of organization
2022
$38K
Mary Demetrosmemorial scholarshipfund
2022
$32K
GENERAL SUPPORT
2022
$30K
D-22-22 THIRD GRADE READING ACTION TEAM
2022
$28K
CHARITABLE DONATION
2022
$27K
PROGRAMMATIC SUPPORT
2022
$26K
SCHOLARSHIPS, DONATION & ENDOWMENT
2022
$25K
QUALITY OF LIFE IN CLINTON COUNTY
2022
$25K
GENERAL OPERATING
2022
$25K
Donation
2022
$25K
GENERAL SUPPORT
2022
$22K
EDUCATION
2022
$20K
TO SUPPORT THE MISSION OF THE UNIVERSITY OF AKRON FOUNDATION BY SUPPORTING ZIP ASSIST AND PRESIDENT MILLER'S STRATEGIC PRIORITIES.
2022
$18K
GENERAL OPERATING
2022
$18K
GENERAL SUPPORT
2022
$16K
PROGRAM SUPPORT
2022
$15K
School of Law Scholarship Fund
2022
$15K
Dr. George Prough Scholarship Fund
2022
$15K
SURVEYING EDUCATION AWARD
2022
$15K
SCHOLARSHIPS
2022
$14K
GENERAL OPERATING
2022
$13K
BLUECOATS SCHOLARSHIP
2022
$11K
COLLEGE OF BUSINESS ADMINISTRATION SUPPORT & DR. STEPHEN F. HALLAM MEMORIAL SCHOLARSHIP
2022
$10K
SUPPORT GIFT
2022
$10K
SCHOLARSHIP ASSISTANCE
2022
$9K
TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE
2022
$9K
GENERAL OPERATING
2022
$6K
MATCHING GIFTS
2022
$5K
EDUCATION
2022
$5K
EDUCATION
2022
$5K
WAYNE COLLEGE MAKER SPACE
2022
$5K
TO PROVIDE SUPPORT FOR SCHOLARSHIPS, GRANTS, AND LOANS.
2022
$5K
EDUCATION
2022
$3K
ART AND CULTURE
2022
$3K
ART AND CULTURE
2022
$3K
ART AND CULTURE
2022
$2K
SCHOLARSHIP AND GENERAL OPERATING SUPPORT
2022
$2K
GENERAL SUPPORT
2022
$2K
EDUCATION
2022
$2K
EDUCATION
2022
$2K
EDUCATION
2022
$1K
MATCHING GIFTS
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
SUPPORT FOR EDUCATION EQUALITY
2022
$1K
Agent - Individual HH Grant
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$500
CHARITABLE PURPOSE
2022
$500
CHARITABLE PURPOSE
2022
$500
GENERAL OPERATING PURPOSE
2022
$500
003 College & Universities
2022
$500
CHARITABLE PURPOSE
2022
$500
CHARITABLE PURPOSE
2022
$300
MATCHING GIFTS TO EDUCATION
2022
$250
GENERAL SUPPORT
2022
$250
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$200
CHARITABLE CONTRIBUTION
2022
$100
PROGRAM/OPERATING SUPPORT
2022
$50
GENERAL OPERATING SUPPORT
2022
$50
EDUCATION
2022
$50
EDUCATION
2022
$50
EDUCATION
2022
$244K
TO PROVIDE STUDENT FINANCIAL SUPPORT TO THE EARLY CHILDHOOD DEVELOPMENT PROGRAM AT THE UNIVERSITY OF AKRON COLLEGE OF APPLIED SCIENCE AND TECHNOLOGY
2021
$210K
SETH ANDRE MYERS CHAIR IN GLOBAL MILITARY HISTORY
2021
$68K
For grant recipient's exempt purposes
2021
$68K
For grant recipient's exempt purposes
2021
$44K
For recipient's exempt purpose
2021
$25K
Mary Demetrosmemorial scholarshipfund
2021
$20K
SCOLARSHIP AND GENERAL OPERATING SUPPORT
2021
$19K
EDUCATION
2021
$18K
GENERAL SUPPORT
2021
$16K
OPERATIONS
2021
$14K
DIVERSITY FUND
2021
$13K
CHARITABLE DONATION
2021
$10K
SCHOLARSHIP ASSISTANCE
2021
$10K
SURVEYING EDUCATION AWARD
2021
$10K
SCHOLARSHIPS
2021
$10K
To support Mary Schiller MyersSchool of Arts precollege program, make it at Myers
2021
$10K
SUPPORT GIFT
2021
$9K
GENERAL OPERATING
2021
$9K
FY'21 MATCHING GIFTS
2021
$6K
TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE
2021
$6K
GENERAL OPERATING
2021

Funded by

$40.6M from 107 funders · 318 grants · 2017–2024

John S And James L Knight Foundation

$24.3M · 7 grants · 2020–2024

Timken Foundation Of Canton

$3.2M · 2 grants · 2017–2020

Fidelity Investments Charitable Gift Fund

$2.3M · 8 grants · 2017–2023

Akron Community Foundation

$2.1M · 7 grants · 2018–2024

Stein Dorothy H Charitable Pfdn

$898K · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$805K · 7 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$782K · 2 grants · 2020–2022

The Miami Foundation Inc

$620K · 5 grants · 2020–2024

Details

EIN346575496
NTEE codeB110
Subsection03
Ruling date1966-09
Formed1966
Employees0
Volunteers605
UNIVERSITY OF AKRON FOUNDATION — Mission, Financials & Grants Received | Grantivo