Fisher Renkert Foundation
The Fisher Renkert Foundation is a U.S. private foundation established in 1969. It is headquartered in Canton, Ohio, and operates with a focus on charitable giving primarily in the areas of arts, education, and human services.
Purpose and Activities
The foundation emphasizes support for symphony orchestras, educational initiatives, and human service programs. It is classified as a 501(c)(3) organization, making donations to the foundation tax-deductible.
Governance and Compensation
The foundation is managed by trustees, including Guy F. Renkert and Steve Renkert, who each receive no compensation for their roles[1][3]. This structure is typical of private foundations where officers and trustees often serve without pay.
Financial Overview
In recent years, the foundation's revenue has been primarily generated from investment income and dividends, along with gains from the sale of non-inventory assets. For example, in the fiscal year ending August 2023, the foundation reported a total revenue of $45,611, largely from investment income[3].
Grantmaking
The Fisher Renkert Foundation actively engages in grantmaking to support its focus areas. In 2023, notable grants included:
- Akron-Canton Regional Foodbank: $25,000
- Canton Symphony Orchestra Association: $6,000
- Tile Heritage Foundation: $5,000
These grants reflect the foundation's commitment to arts and human services in its region[3].
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