AKRON COMMUNITY FOUNDATION

EIN 341087615 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$72.15M
at fiscal year end
Grants out
$8.10M
from DAF accounts
Contributions in
$10.34M
received into DAFs
Payout rate
11.2%
median is 12.5%
Accounts
321
funds held at year end
Average account
$225K
assets per fund

At 11.2%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$52.3M
FY2019
$48.2M
FY2020
$67.6M
FY2021
$66.5M
FY2022
$72.1M
FY2023

Grants paid by year

$5.1M
FY2019
$7.0M
FY2020
$5.7M
FY2021
$7.3M
FY2022
$8.1M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 1,568 grant lines totalling $91.1M across 2019–2024 — $58K per line.

$6.2M of this sponsor’s grants went to other DAF sponsors — 7% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
United Way of Summit & MedinaEIN 341169257 OH$3.6M
County Of SummitEIN 346549409 OH$3.5M
Summit Education InitiativeEIN 341843220 OH$3.2M
Ibh Foundation IncEIN 341597850 OH$3.1M
The Cleveland Foundation runs a DAF programEIN 340714588 OH$2.5M
Akron Community Foundation runs a DAF programEIN 341087615 OH$2.0M
Ohio & Erie Canalway CoalitionEIN 341636766 OH$1.8M
University Of Akron FoundationEIN 346575496 OH$1.6M
Schwab Charitable Fund runs a DAF programEIN 311640316 FL$1.5M
Akron Art MuseumEIN 340813426 OH$1.5M
Akron Civic TheatreEIN 341015948 OH$1.5M
Conservancy For Cuyahoga Valley National ParkEIN 341917257 OH$1.3M
Akron Canton Regional Food BankEIN 341369388 OH$1.3M
Business Volunteers UnlimitedEIN 341724581 OH$1.1M
Art Resources TransformationsEIN 833743218 OH$1.0M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.