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EIN 34-6520254

Timken Foundation of Canton

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Canton
State
Ohio
Year formed
1938
Most recent tax filings
2024-09-01
NTEE code, primary
T21: Corporate foundations
Description
We use our knowledge to make the world's industries work better. Be the global leader in bearings and mechanical power transmission, continually improving performance, reliability and efficiency.
Total revenues
$9,495,316
2024
Total expenses
$19,915,341
2024
Total assets
$147,282,142
2024
Num. employees
3
2024

Program areas at Timken Foundation of Canton

Recovery of grants paid in a prior year

Grants made by Timken Foundation of Canton

GranteeGrant descriptionAmount
Neomed FoundationNeomed Medic Enhancement Initiative$1,637,628
Stark State College FoundationThe W.R. Timken Center for Information Technology Anniversary Update$1,625,679
Canton Palace Theatre Association100th Anniversary Capital Project$1,000,000
...and 47 more grants made totalling $9,645,871

Personnel at Timken Foundation of Canton

NameTitleCompensation
Mark A SchefflerSecretary$245,506
Robert R TimkenPresident and Trustee$115,889

Financials for Timken Foundation of Canton

RevenuesFYE 09/2024
Total grants, contributions, etc.$0
Investment income and dividends$8,488,362
Net rental income$0
Net gain from sale of non-inventory assets$691,879
Gross sales of inventory$0
Miscellaneous revenues$315,075
Total revenues$9,495,316

Form 990s for Timken Foundation of Canton

Fiscal year endingDate received by IRSFormPDF link
2024-092025-02-12990PFView PDF
2023-092024-02-14990PFView PDF
2022-092023-02-09990PFView PDF
2021-092022-02-15990PFView PDF
2020-092021-06-17990PFView PDF
...and 10 more Form 990s
Data update history
June 5, 2024
Posted financials
Added Form 990PF for fiscal year 2023
December 11, 2023
Updated personnel
Identified 1 new personnel
August 11, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 30, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
200 Market Ave N 210
Canton, OH 44702
Metro area
Canton-Massillon, OH
County
Stark County, OH
Phone
(234) 262-3000
Facebook page
timken 
Twitter profile
@timken 
IRS details
EIN
34-6520254
Fiscal year end
September
Taxreturn type
Form 990-PF
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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