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Endowment Fund

In Leadership Akron’s fifteenth year, the Board of Trustees determined that the success of the program merited a look at how the program would sustain itself for the next fifteen years.

A Financial Task Force, chaired by Rick Fedorovich, was appointed and after nine months of study, the Task Force recommended to the Board of Trustees that an Endowment Fund be created for Leadership Akron’s future financial security.

It was also determined that the Endowment Fund campaign would be the full responsibility of the Leadership Akron “family” – trustees and alumni. From its inception, the founders of Leadership Akron knew that the program could not exist without corporate and foundation support. The cost of the program has always been more than two times that of the tuition. For the program to be available to all citizens meeting the selection criteria, it was necessary for the program to depend on corporate and foundation support. In appreciation and respect for the corporate support we have had from the beginning, the trustees and alumni accepted the full challenge of building the Endowment Fund.

In 1999, following the incorporation of the program, the Endowment Fund was initiated. Two campaigns were launched: The Trustee Campaign and the Alumni Campaign.

The overall co-chairmen of the campaign were Roger Read and Phil Maynard. The chairmen of the Alumni Campaign were David and Cheryl Venarge.

In just six years, we have raised more than $500,000 and we are very proud of that accomplishment. In addition, the following foundations generously supported the Leadership Akron Endowment Fund: The GAR Foundation with a $ 75,000 grant and a $100,000 matching grant; the John S. and James L. Knight Foundation with a $40,000 grant, the Lehner Family Foundation Trust with a $20,000 grant, the Sisler-McFawn Foundation with a $10,000 grant and the Kenneth L. Calhoun Charitable Trust with a grant of $1,500.

Without the generosity of so many, it would not have been possible to have met such a major goal. The generosity of the trustees, the alumni members and foundations continues to encourage and inspire us all.

We continue to grow the Endowment Fund for the future. Gifts made to the Leadership Akron Endowment Fund are welcome. Please remember the Leadership Akron Endowment Fund when you are considering memorial and tribute gifts.

To make a gift to the Endowment Fund, please fill out the Pledge Form below. Payment may be made by credit card or check to:

Leadership Akron Endowment Fund
1 Cascade Plaza 17th Floor
Akron OH 44308-1192.

 

Leadership Akron thanks the following trustees, alumni and friends who have given to the endowment from July 1, 2005 through June 30, 2006. (See Past Endowment Fund Supporters for previous donations.)

Founders
Gifts of $1,000 to $2,999

  • Michael L. McGlinchy '05

  • Lori A. Sheets '05

Trailblazers
Gifts up to 999

  • Charles M. Abraham '05

  • Heather A. Bentley '05

  • Kasie L. Briggs '05

  • Mary Briggs '89

  • Paul Calvaruso '05

  • Teresa Kazaglis '05

  • Cheryl Harvey Kernander '97

  • Mr. & Mrs. Jeffrey T. Knoll '05

  • Michael R. Kura '89

  • Leadership Akron Board of Trustees, Alumni & Staff
    In Memory of Judy Isroff

  • Raymond K. Lee '89

  • Allen E. ’85 & Donna K. Loomis ’01

  • Edward M. Newman '96

  • Susan D. Pavloff '05

  • Boyd K. Pethel '05

  • Mr. & Mrs. R. James Rollins '05

  • Patricia A. Shallahamer '05

  • Stanley B. Silverman '05

  • Margaret A. Tramontine '05
    In Memory of Nancy A. McCabe Tramontine

  • Stacy Wessels

 

About Us

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One Cascade Plaza, 17th Floor, Akron, Ohio 44308-1192 • 330.376.5550

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