501(c)(3) charity; gifts are tax-deductible.
$9K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $3K a year · 9% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$9K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
990-PF Pt VIII
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39K
-35% vs prior year
Spent
$41K
Net assets
$546K
By yearFY2020–FY2025
Revenue
$39K
FY2025▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$36K
FY2021$86K
FY2022−$763
FY2023$9K
FY2024$61K
FY2025$39K
Expenses
$41K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$39K
FY2021$44K
FY2022$45K
FY2023$42K
FY2024$39K
FY2025$41K
Net assets
$546K
FY2025-0.4%
Tap a bar for its year
Net assets by fiscal year
FY2020$563K
FY2021$605K
FY2022$559K
FY2023$526K
FY2024$548K
FY2025$546K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 72% · $30K Operating & administrative 28% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990-PF; $9K paid to officers and key staff.

Part VII, Section A · reportable compensation
$8,729Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Keybank N A$8,729$8,244$7,509

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Julius L Nemeth Charitable executive salaries →

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Programs and updates

A private foundation based in Brooklyn, OH.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 18 grants · $30K · 2025–2025
University of Akron FoundationFY2025$6,000
Individual RecipientFY2025$3,500
First Tee of AkronFY2025$3,000
Akron Civic TheatreFY2025$2,500
Boy Scouts of AmericaFY2025$2,000
Akron Art MuseumFY2025$1,500
Grace House Akron INCFY2025$1,000
Individual RecipientFY2025$1,000
Individual RecipientFY2025$1,000
Individual RecipientFY2025$1,000
Women for Greater Akron CharitiesFY2025$1,000
Our Lady of the ElmsFY2025$1,000
International Institute of Akron INCFY2025$1,000
International Institute of AkronFY2025$1,000
Island Foundation INCFY2025$1,000
Crown Point Ecology CenterFY2025$1,000
Friends of the SummitFY2025$1,000
Individual RecipientFY2025$500

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$1K
Largest grantPart XV$6K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$39K
Investment income$39K
Money out
$41K
Grants paid$30K
Running costs$11K
Owns and owes
$546K
net assets
Cash and savings$8K
Total assets$546K
Liabilities$0
People
1
listed
Paid1
2In more detail
Revenue in detail
Investment income$39K
Total revenue$39K
Assets in detailEnd of year
Cash and savings together$8K
Total assets$546K
Liabilities$0
Net assets$546K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $39K$41K−$2K$546K 990 PDF
FY2024 $61K$39K$21K$548K 990 PDF
FY2023 $9K$42K−$33K$526K 990 PDF
FY2022 −$763$45K−$46K$559K 990 PDF
FY2021 $86K$44K$42K$605K 990 PDF
FY2020 $36K$39K−$4K$563K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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