The Timken Foundation of Canton is a 501(c)(3)-PF based in Canton, OH, which gives grants to a variety of charitable organizations.
Financial Statistics
Total Assets
Total Revenue
Total Expenses
| Year | Total Assets | Total Revenue | Total Expenses | Filing |
|---|
| 2025 | $380,325,638 | $15,444,573 | $20,994,654 | |
| 2024 | $406,663,321 | $9,495,316 | $19,915,341 | View |
| 2023 | $358,457,867 | $82,798,453 | $17,640,599 | View |
| 2022 | $296,493,018 | $35,361,538 | $16,968,372 | View |
| 2021 | $339,299,878 | $6,582,755 | $13,814,337 | View |
Prior year filings: 2015, 2014, 2013, 2012, 2011
Employee Compensation
Highest Earning Employees
| Employee | Title | Total Compensation |
|---|
| Mark A Scheffler | EXECUTIVE DIRECTOR | $254,600 |
| Robert R Timken | PRESIDENT/TRUSTEE | $119,646 |
| Rose A Colton | OPERATIONS & GRANT C | $56,319 |
Grant Activity
All-time grants given statistics from Candid dataset:
- Total Grant Value: $253,340,207
- Number of Grants: 2,004
- Number of Recipients: 1,097
Selection of highest value grants given from the last seven years:
| Amount | Year | Funder | Subject |
|---|
| $3,665,000 | 2020 | The Cleveland Clinic Foundation Group Return | Cole eye institute expansion project |
| $3,000,000 | 2024 | Cleveland Clinic Foundation | FOR SUPPORT OF THEM AMD RESEARCH INITIATIVE |
| $3,000,000 | 2021 | The University of Akron Foundation | CENTER FOR PRECISION MANUFACTURING BUILDING RENOVATION |
| $2,500,000 | 2025 | Canton Palace Theater Association | MATCH FROM CONTINGENCY BEING MET |
| $2,500,000 | 2025 | National Football Museum Inc | COMMUNITY EVENT CENTER |
| $2,400,000 | 2025 | CASE WESTERN RESERVE UNIVERSITY | THE INTERDISCIPLINARY SCIENCE AND ENGINEERING BUILDING AT CASE WESTERN RESERVE UNIVERSITY |
| $2,000,000 | 2023 | Commquest Services Inc | CREATING AN ENVIRONMENT THAT ENABLES CLIENT-CARE AND FINANCIAL SUSTAINABILITY |
| $2,000,000 | 2023 | The University of Texas MD Anderson Cancer Center | FOR THE ADVANCEMENT OF THE ALLISON INSTITUTE |
| $2,000,000 | 2022 | Stark Community Foundation | ECONOMIC REDEVELOPMENT FUNDS |
| $2,000,000 | 2020 | Timken Museum of Art (Putnam Foundation) | Museum expansion project |
| $1,635,457 | 2022 | Timken Museum of Art (Putnam Foundation) | MUSEUM EXPANSION PROJECT |
| $1,625,679 | 2024 | Stark State College Foundation | THE W.R. TIMKEN CENTER FOR INFORMATION TECHNOLOGY ANNIVERSARY UPDATE |
| $1,586,562 | 2023 | Timken Museum of Art (Putnam Foundation) | MUSEUM EXPANSION PROJECT |
| $1,556,178 | 2022 | The Cleveland Clinic Foundation Group Return | FOR SUPPORT OF THE AMD RESEARCH INITIATIVE |
| $1,500,000 | 2023 | Canton Palace Theater Association | 100TH ANNIVERSARY CAPITAL PROJECT |
| $1,500,000 | 2021 | Kent State University Foundation | KENT STATE UNIVERSITY COLLEGE OF AERONAUTICS AND ENGINEERING BUILDING EXPANSION |
| $1,475,221 | 2023 | The Cleveland Clinic Foundation Group Return | FOR SUPPORT OF THEM AMD RESEARCH INITIATIVE |
| $1,320,000 | 2025 | Cleveland Museum of Art | WHERE SCIENCE MEETS ART: OUTFITTING THE CMA'S CONSERVATION ANALYTICAL LAB FOR THE FUTURE |
| $1,250,000 | 2025 | Habitat for Humanity East Central Ohio | BUILDING 50 HOMES: EXPANDING ACCESS TO AFFORDABLE HOMEOWNERSHIP |
| $1,050,000 | 2021 | The Cleveland Clinic Foundation Group Return | COLE EYE INSTITUTE EXPANSION PROJECT |
| $1,026,453 | 2022 | MUSICAL ARTS ASSOCIATION | CAPITAL IMPROVEMENTS FOR SEVERANCE AND BLOSSOM MUSIC CENTER |
| $1,000,000 | 2024 | Canton Palace Theater Association | 100TH ANNIVERSARY CAPITAL PROJECT |
| $1,000,000 | 2022 | Boys' & Girls' Club of Massillon Inc | BOYS & GIRLS CLUB OF MASSILLON EXPANSION PROJECT |
| $1,000,000 | 2021 | Timken Museum of Art (Putnam Foundation) | MUSEUM EXPANSION PROJECT |
| $998,159 | 2024 | Canton for All People Inc | NEWTON FAMILY APARTMENTS/GIBBS AVE PROJECT |
