MARCH 2021 — ISSUE 21
This funding includes $535,756 in competitive education grants chosen by the foundation’s Community Investment Committee. Overall grantmaking through the community foundation has seen a marked increase this year, due in large part to the COVID-19 pandemic, as well as the foundation's focus on diversity, equity, and inclusion and social justice initiatives.
Akron Community Foundation recently welcomed 11 new funds to its growing family. These funds will benefit art programs, a free clinic in Medina, transportation safety initiatives and more.
The Community Response Fund for Nonprofits at Akron Community Foundation is once again accepting grant applications. Initially established in March 2020 to provide flexible resources to area nonprofits facing hardships due to the COVID-19 pandemic, the fund has since expanded to help direct changes that encourage greater community inclusion and equity for all in our region. This round of grants will only be awarded to organizations for diversity, equity and inclusion-focused programs.
Applications for The Center for Family Philanthropy's 2021-2022 Institute for Emerging Philanthropists class are now open. Through the Institute for Emerging Philanthropists, participants are exposed to the critical needs of the community and taught innovative, evidence-based methods of practicing strategic philanthropy, while connecting with a network of highly motivated charitable professionals.
Please submit applications by April 15.
Required minimum distributions (RMDs) are back: Temporarily waived in 2020 under the CARES Act, these mandatory IRA distributions will once again need to be completed by year's end. Retirees who did not take their RMD in 2020 may also find they need to take an even larger distribution this year, creating a potential tax burden. One solution is to use your RMD to establish a charitable fund. You'll avoid paying taxes on the distribution while supporting your favorite causes forever.
In Other News

Here are some additional updates and announcements from Akron Community Foundation and its affiliate funds this past quarter:
Additional Resources
Visit Our Affiliate Funds

Akron Community Foundation 
345 W. Cedar St., Akron, OH 44307

Office Hours: 9 a.m. to 5 p.m., Monday through Friday
Phone: 330-376-8522 
Fax: 330-376-0202
www.akroncf.org