Present and former trustees of Akron Community Foundation
celebrated its 50th anniversary last night and marked a milestone: more than
$50 million in grants reinvested in the community, a record $6 million last year alone.Akron
Mayor Don Plusquellic offered his congratulations and presented Akron Community Foundation
President Jody Bacon with a winter photo of the foundation's logo, the Signal Tree.
"The Signal Tree is unique to this area. Its strong roots represent strength in
the community," he said. "(That's) what Akron Community Foundation is all
about."
Bacon pointed out that such an achievement couldn't have been possible without what she
called the "thousands of people, rich and of modest means," who have contributed
to the foundation.
"This is a very special community populated with people who give of self, time and
treasures," she said. "The payback is seeing the results of the grants,"
past recipients of which include Say Yes to Tennis, the Akron Art Museum, Open M and the
City of Akron's Neighborhood Partnership program.
FirstMerit Bank underwrote the event. Attendees included past foundation president Ann
Amer Brennan, Judge James Williams, Judge Carla Moore and Deputy Mayor Dave Lieberth. Also
present were Paul and John Frank, sons of founding trustee Paul A. Frank, and Mary
Chapman, daughter of founding trustee J. P. Seiberling and granddaughter of Goodyear Tire
& Rubber Company founder Frank Seiberling.
A posthumous visit by former industrialist and local philanthropist Edwin Shaw came in
the form of Actors' Summit Artistic Director Neil Thackaberry. Shaw's $1 million bequest
established the foundation on June 8, 1955 "to meet the changes in the community
needs brought about by the passage of time and the variance in circumstances."
Akron Community Foundation is a $116.6 million philanthropic endowment with a growing
family of more than 260 affiliate funds. Since its establishment in 1955, the foundation
has worked to improve the quality of life in Greater Akron with the support of charitable
gifts and bequests from individuals, families, organizations and corporations committed to
making a difference in the community for generations to come. To date, the foundation and
its affiliate funds have distributed more than $50 million in grants to qualified
nonprofit organizations in Summit County.
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