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We help you do more

Our nearly 70 years of prudent spending and long-term investing makes your charitable gifts go further. Our Finance and Investment Committee and staff protect and grow your investments so you can support your favorite causes and nonprofits for years to come.

For more information about our investment policy, current investment managers or asset allocation, contact Steve Schloenbach, vice president and chief financial officer.

Transparency

Our financial practices uphold the highest possible standards for nonprofits. Review our audited financial statements and Form 990s. You can also review our investment performance.

Investment Policy

Read our investment policy statement to learn how we invest your charitable dollars and maximize the impact of your philanthropy.

Spending Policy

Our board of directors has set a spending rate of 5% annually for permanently endowed funds (based on a rolling average of fund balance over the previous 12 quarters) to sustain these funds in perpetuity.

Investment Managers

We invest your money with managers that have a proven history of excellent results. Our independent investment consultant helps us identify managers with outstanding track records and evaluates them on a regular basis to ensure they are adhering to our investment policy.

Financial Documents

Akron Community Foundation is committed to maintaining financial transparency. We invite you to review our most recent audited financial statements and Form 990s below. The documents are formatted as PDFs. To view them, download a free version of Adobe Acrobat Reader.

The community foundation measures its investment performance against the Policy Index, a benchmark created to mirror the portfolio's targeted asset mix. This benchmark allows us to more accurately measure the performance of individual components prescribed in the foundation's written investment policy statement and compare the effects of asset allocation changes.

The following are our most recent investment results:

First Quarter Fiscal Year 2025

Fourth Quarter Fiscal Year 2024

Third Quarter Fiscal Year 2024

Second Quarter Fiscal Year 2024

First Quarter Fiscal Year 2024

Fourth Quarter Fiscal Year 2023

Third Quarter Fiscal Year 2023

Second Quarter Fiscal Year 2023

First Quarter Fiscal Year 2023

Fourth Quarter Fiscal Year 2022

Third Quarter Fiscal Year 2022

Second Quarter Fiscal Year 2022

First Quarter Fiscal Year 2022

Fourth Quarter Fiscal Year 2021

Summary Financial Statement

For the fiscal year ending March 31, 2024

2024 Financial Statement

2024 Financial Charts

2024 Financial Charts
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