Community Foundation of the logo

Community Foundation of the

YOUNGSTOWN, OH EIN: 34-1904353 Website

The Community Foundation of the Mahoning Valley is a 501(c)(3) public charity and community foundation based in Youngstown, Ohio. Founded in 1999 by five area trust companies and community partners, it serves as a leader and advocate for strategic philanthropy in the region. The organization helps individuals, families, businesses, and nonprofits create charitable funds while connecting local residents to resources that improve quality of life.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$50.1M

+5.5% YoY

Annual Giving

$3.6M

+31.8% YoY

Grant Count

133

+24.3% YoY

Avg Grant Size

$27K

+6.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To serve as a leader and advocate for strategic philanthropy, partnering with donors to anchor a permanent and growing endowment and making investments in the Mahoning Valley that improve the quality of life for all residents.

Primary Focus Areas:

  • Health
  • Education
  • Economic development
  • Human services
  • Historical, cultural, and environmental activities

Grantmaking

The Community Foundation has created more than 250 charitable funds since 2000, resulting in more than $60 million awarded to hundreds of local charitable and educational institutions.

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Geographic Focus

Where this funder awards grants

The Community Foundation serves Mahoning and Trumbull Counties in Ohio, with some grantmaking activity in Pennsylvania and Virginia.

Grant Distribution by State

12states
+4 more states

Cities

AkronAlexandriaAllianceAustintownBeachwoodBoardmanCanfieldCincinnatiClevelandCollege ParkColumbiaColumbusCortlandDallasDaytonGirardGrove CityKentMacedoniaMarysville

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $47.4 million
  • Total Revenue: $8.54 million
  • Total Expenses: $4.3 million
  • Total Liabilities: $7.24 million
  • Number of Employees: 9

The organization maintains a donor-advised fund through which donors can direct the distribution or investment of funds.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
Total Assets$50,073,685$47,447,756$38,364,494
Revenue$7,434,347$8,535,099$3,038,919
Expenses$5,386,972$4,303,553$3,411,518
Qualifying Distributions
Net Investment Income$3,552,193$715,619$1,124,370
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$904K$2M$3M$4M69 grants202066 grants202194 grants2022107 grants2023133 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YOUNGSTOWN STATE UNIVERS…$317KTHE CATHOLIC UNIVERSITY …$143KWESTMINSTER COLLEGE$140KMAHONING VALLEY HISTORIC…$136KCITY OF YOUNGSTOWN$125KUNITED WAY OF YOUNGSTOWN…$109KYOUNGSTOWN SYMPHONY SOCI…$103KOHIO LIVING HOLDINGS DBA…$103KWESTERN RESERVE HEALTH E…$102KINSPIRING MINDS$76K

Grant Size Distribution

250 grants across all recorded years

210<$50K19$50–100K20$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

27 open opportunities from Community Foundation of the

Show all 27 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Shari Harrell – Principal Officer
  • Casey Krell – President
  • Devon Cleland – Finance Director

Compensation Overview

From 2024 IRS filing

CASEY KRELLCO-PRESIDENT$103KSHARI HARRELLCO-PRESIDENT$28K

From 2024 filing

NameTitleHoursCompensation
TIMOTHY FRANCISCO PHDDIRECTOR1
TED STAZAKDIRECTOR1
MARVIN LOGANDIRECTOR1
JEFFREY HEINTZDIRECTOR1
GENNA PETROLLAVICE-CHAIR1
CAROL HOLMES-CHAMBERSDIRECTOR1
KATHY HARLEYDIRECTOR1
MEGHAN REEDDIRECTOR1
ANDREA GONZALEZ-BURTONDIRECTOR1
KELAN BILALSECRETARY1
SAMUEL FRIESTREASURER1
PATRICIA SWEENEYCHAIR1
ALICIA PRIETO LANGARICADIRECTOR1
CASEY KRELLCO-PRESIDENT40$102,540
SHARI HARRELLCO-PRESIDENT40$28,485

Contact Information

Address: 201 E. Commerce Street, Suite 150, Youngstown, OH 44503

Phone: 330-743-5555

Website: www.cfmv.org

Email: info@cfmv.org

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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