Public Benefit : Community Foundations

Akron Community Foundation

Enriching lives since 1955

Rating

Overall Rating    
      (63.27)
Organizational Efficiency      
Program Expenses 82.7%    
Administrative Expenses 11.0%    
Fundraising Expenses 6.1%    
Fundraising Efficiency $0.09    
Efficiency Rating    
      (33.27)
Organizational Capacity      
Primary Revenue Growth 10.1%    
Program Expenses Growth 23.5%    
Working Capital Ratio (years) 13.30    
Capacity Rating    
      (30.00)

Income Statement     (FYE 03/2006)

Revenue  
Primary Revenue $5,854,765
Other Revenue $9,457,799
Total Revenue $15,312,564
   
Expenses  
Program Expenses $7,180,057
Administrative Expenses $955,349
Fundraising Expenses $536,441
Total Functional Expenses $8,671,847
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,640,717
   
Net Assets $124,702,815

Contact Information

Akron Community Foundation
345 West Cedar Street
Akron, OH 44307
tel: (330) 376-8522
fax: (330) 376-0202

Contact Email
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Leadership      (FYE 03/2006)

Name Title Compensation % of Expenses
Jody Bacon President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $156,822 1.80%

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Mission

Akron Community Foundation was established to improve the quality of life in the greater Akron area through the development of organized philanthropy. Akron Community Foundation performs as a responsible solicitor and prudent manager of philanthropic assets created by charitable gifts and bequests. The vision and dedication of the greater Akron community's leaders have helped Akron Community Foundation plan for tomorrow by building a permanent, growing charitable endowment that will provide income in perpetuity. To date, assets from which income is used to support projects of many local non-profit organizations total about $142.8 million.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Akron Community Foundation - OH 63.27
Community Foundation Sonoma County - CA 66.92
The Denver Foundation - CO 68.79
Erie Community Foundation - PA 56.90
Community Foundation of Western Massachusetts - MA 62.94
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