$1.2M in expenses

Grants and scholarships - BCF provided 48 grants from the general fund totaling $421,590 to 40 organizations and provided 114 general fund scholarships totaling $220,040 during 2024. Donor funds provided 28 awards totaling $82,409 to 19 charitable organizations and 56 scholarships totaling $97,985. Total scholarship awards for all funds were $318,025, WTH a total of 170 scholarships awarded. Total grant awards for all funds were $503,999 with a total of 76 grants awarded to 50 recipients. A total of $90,086 in grants were returned. Grand total of all awards and fund distributions for 2024 was $731,938.

— in expenses

Program-related investments - investments provided to local 501(c)(3) economic development and housing support organizations. The ultimate goal is to serve as a catalyst for job growth and maintain housing in the city of barberton through low-interest loans to local companies and individuals and the development of industrial and commercial-use property. There were no new investments disbursed during 2024.

$950K in expenses

Economic development - BCF provided 6 grants from the general fund totaling $495,715 to 4 organizations.