Community Foundation Publishes Annual Report

YOUNGSTOWN, Ohio – The Community Foundation of the Mahoning Valley this week published its annual report that highlights the impact of grant-making and community leadership initiatives in 2016.

The Community Foundation began 2016 by investigating the factors behind the region’s health outcomes and identified their improvement as an essential aspect of the organization’s intended impact, says Shari Harrell, president.

The foundation ended 2016 with a total of $56.2 million in assets, comprised of $21 million in component funds and $35.2 million held by its three supporting organizations.

Here are the highlights of the foundation’s work in 2016.

  • The foundation awarded a total of $1.3 million in grants from its component funds with 49% for health and human services projects, 21% for education and 20% to support community well-being.
  • The William Swanston Charitable Fund made grants that totaled $348,200 to 10 local organizations focused on the welfare of abused, neglected or at-risk children.
  • The Trumbull Memorial Health Foundation disbursed $126,625 to 10 Trumbull County organizations while the Western Reserve Health Foundation granted $175,515 to 10 Mahoning County organizations. Both TMHF and WRHF funded innovated projects that aligned with the priorities identified by each county’s community health assessment.

Comprehensive lists of the funds held at the Foundation and those that made contributions can be found in the full report.

Copyright 2024 The Business Journal, Youngstown, Ohio.