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Henry & Louise Timken Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 346596671 ✦ Canton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Henry & Louise Timken Foundation?

The Henry & Louise Timken Foundation is a philanthropic organization based in Canton, Ohio, specifically at 400 Market Ave N 200. Its primary purpose and mission are closely tied to the Stark Community Foundation, as it operates exclusively to support and carry out its functions. While the specific activities or programs it funds or initiates aren't detailed in the provided information, it is clear that the Henry & Louise Timken Foundation contributes to the community's welfare through its association with Stark Community Foundation.

Is Henry & Louise Timken Foundation legitimate?

Henry & Louise Timken Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry & Louise Timken Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Henry & Louise Timken Foundation?

The Henry & Louise Timken Foundation operates with the sole purpose of supporting the functions and objectives of Stark Community Foundation. Its mission is to contribute to this endeavor, working towards the betterment of the beneficiaries and the community as a whole, without providing specific details about its activities or goals. The foundation's operations are entirely dedicated to serving the purpose of Stark Community Foundation.

Who is the CEO of Henry & Louise Timken Foundation?

Jane M Timken is the Director of Henry & Louise Timken Foundation.

What is the revenue of Henry & Louise Timken Foundation?

Henry & Louise Timken Foundation's revenue in 2022 was $309,517.

Who are the executives of Henry & Louise Timken Foundation and what are their salaries?

There 10 volunteers at Henry & Louise Timken Foundation.


Here are 8 key members and their salaries:


Ward J Timken Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore V Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Belden Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul R Bishop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald L Hart (V.P., Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wr Timken Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert R Timken (President (Through 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane M Timken (President (Beginning 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Henry & Louise Timken Foundation?

Henry & Louise Timken Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Henry & Louise Timken Foundation

The Henry & Louise Timken Foundation operates with a singular focus, dedicated to serving the purpose and carrying out the functions of the Stark Community Foundation. In essence, its mission is to contribute positively to the betterment of the community, adhering to the guidelines and objectives set by the Stark Community Foundation. The foundation's role is to ensure that the Stark Community Foundation thrives and fulfills its intended purpose, thereby benefiting the community as a whole.

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Impact




October, 2024

The Henry & Louise Timken Foundation plays a vital role in supporting the Stark Community Foundation, significantly enhancing its ability to serve the Canton, Ohio area. By focusing its resources and efforts exclusively on this foundation, it helps to address various local needs and initiatives, thus promoting community development and well-being. The foundation's impact is reflected in its commitment to philanthropy, ensuring that funds are allocated effectively to foster positive change and development within the community. Through its dedicated approach, the Henry & Louise Timken Foundation contributes to enriching lives, supporting local projects, and empowering residents by facilitating opportunities for growth and improvement across Stark County.




This information is meant to be a general summary of Henry & Louise Timken Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$309,517 (2022)
Expenses
$374,410 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $309,517
  • Gross Receipts: $1,226,079

Assets and Liabilities:

  • Total Assets: $9,493,346
  • Total Liabilities: $0
  • Net Assets: $9,493,346

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Organization Details

Founding Year

1980

Principal Officer

Jane M Timken

Main Address

400 MARKET AVE N 200, CANTON, OH, 447021557

NTEE Category

Code: T90Z - Philanthropy

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