Green Community Fund Grant

Green Community Fund Grant

Status: ACTIVE
Funder: Akron Community Foundation
Amount: Up to US $3,000
Last Updated: May 13, 2025

Summary

The Green Community Fund Grant, established by dedicated residents in November 2022, aims to enhance the quality of life in Green through support for civic initiatives. Annually, up to 5% of the fund's assets are allocated to grants benefiting qualified 501(c)(3) nonprofits. The fund is tax-deductible and welcomes various forms of contributions. With minimal administrative costs, it ensures more resources are directed to community projects, fostering growth and sustainability in the Green community.

Overview

About the Fund Strengthening our city by supporting meaningful civic and community initiatives. Known as a prosperous and progressive community, Green offers an exceptional quality of life for its residents. The city's thriving businesses, close-knit neighborhoods, and strong network of nonprofit organizations make the community a place where everyone can flourish. The Green Community Fund was established in November 2022 by a group of committed residents who wanted to create an enduring source of support for the community they live in and love. The fund was created to enable generous individuals, families and businesses to enhance the lives of all Green residents far into the future. Grants: On an annual basis, up to 5% of the fund’s assets can be reinvested into the community through grants and distributions, providing support for meaningful civic and community initiatives.Growth: As the endowment grows through the gifts of generous donors, the Green Community Fund will increase its annual grantmaking to the nonprofits serving the Green community.Gifts: Gifts to the Green Community Fund are fully tax deductible, as the fund is an affiliate of Akron Community Foundation, a 501(c)(3) public charity. Gifts can be made online at akroncf.org/give/GCF. The fund can also accept more complex gifts, like appreciated stock, retirement assets and personal property.Expenses: The Green Community Fund’s advisory board and committees are composed entirely of volunteers. The only operating cost is a small administrative and investment fee of approximately 2%, which allows the fund to take advantage of Akron Community Foundation’s array of services and large investment pool.

Eligibility

We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website. Qualified 501(c)(3) nonprofit organizations may apply.