Endowment, Pass-Through & Scholarship Funds
Housed at the Barberton Community Foundation

Endowment Funds become "endowed" once they reach $5,000 in value. Prior to this time, distributions from the fund will not occur. All distributions are in accordance with the Foundation's spending policy (5.5% of a rolling twelve-quarter average of the value of the individual funds).

Pass-through funds do not need to reach any specified level of funding. In addition, all of the money in the fund may be drawn down by the beneficiary in accordance with the terms of the fund. Once the fund is depleted, it terminates.

Designated Endowment Funds – These endowed funds are designed to provide an on-going source of money to the charitable entity specified in the endowment agreement.

Jeep Davis Olympic Hopeful Fund – Assists Barberton school age athletes with direct training and/or competition expenses during the period in their athletic career when other sponsorship is not available or can also assist Barberton athletic teams.

Larry Furman Diabetes Benefit Fund – Assists Barberton citizens suffering from diabetes and assist their families with hardships caused by the disease.

Barberton Head Start Endowment Fund – Assist Barberton Head Start with the cost of providing services, including a health clinic and "Help Me Grow Services."

Ester Ryan Endowment Fund – Provides funds to the Ester Ryan Shoe Fund, which provides shoes, clothing and other necessities to Barberton children in need.

Barberton Community Health Clinic Endowment Fund – Assists with operating expenses for Barberton's free healthcare clinic, serving the uninsured and underinsured.

Barberton Elks Lodge 982 Health Clinic Fund – Benefits the Barberton Community Health Clinic.

Barberton Public Library Endowment Fund – Supports the on-going operation and programs/projects of the library.

Bonnie Joyce Myers Memorial Mum Arch Fund – Supports the Mum Arch display at the City's annual Mum Festival.

Heart of Gold Humane Fund – Assist low-income Barberton residents spay or neuter their dogs and cats and also assist with the cost of rabies vaccines. Payments are made to the Humane Society, PetFix or One of a Kind Pet Spay/Neuter Clinic.

Magical Theatre Company Endowment Fund – Benefits the children's theater located in downtown Barberton.

Dr. Robert Littlejohn Salvation Army Fund – Benefits the Barberton Salvation Army.

Dr. Robert Littlejohn Red Cross Fund – Benefits the Barberton Red Cross.

City of Barberton Beautification Endowment Fund – Distributions from this fund will assist the City of Barberton's Beautification Department, or its successor, in providing funding for the on-going beautification efforts throughout the City of Barberton.

Barberton Military Honor Roll Renovation Fund – Recently converted from a "pass-through" fund, designed to provide the funds necessary to rebuild the Honor Roll located on the West side of Lake Anna, to an endowment fund designed to assist in the permanent upkeep of the monument.

Barberton Historical Society Endowment Fund – Benefits the Organization.

Barberton Community Development Corporation Economic Development Fund – Helps further the organization’s mission of helping grow Barberton’s economy.

Pass-Through Funds

Barberton Summer Concert – This is a pass-through fund, which means the Fund's principal and accrued income will be used to assist the City of Barberton in providing funding for the summer concert series, which is held in downtown Barberton each summer.

Barberton Canine Patrol Development Fund – This pass-through fund is designed to raise the money necessary to bring back the Barberton Police Department's Canine Unit. This unit was used to identify narcotics and to apprehend suspects. The intent is to raise the funds necessary to purchase and train a dog and to purchase and outfit a cruiser designed to transport the canine unit. This fund has been closed and the money paid to the City.

Barberton Parks Youth-In-Action Fund – Promotes healthy lifestyles for Barberton youth through creative programming.

Barberton Parks Senior Focus Fund – Proceeds assist the Parks Department in providing programs for senior citizens.

K. Jack Greynolds Memorial Classic Fund – Proceeds from this fund assists the Lake Anna YMCA Community Center in stroke education and awareness as well as youth programs and equipment.

O.C. Barber Statue Fund – Proceeds used for the design and construction of a statue of Barberton's founder, which was placed in Lake Anna Park. Excess funds will be used to create a permanent endowment fund to aid in the maintenance of the O.C. Barber statue and the Chief Hopocan Statue.

Barberton Historical Society O.C. Barber Wishing Well Fund – Maintains the historical marker or for acquisition, refurbishment and maintenance of any other Barber property.

Scholarship Funds – All but one of these funds is an endowed fund designed to provide an on-going source of money to assist Barberton students with the cost of higher education.

AAA Barberton/Ohio Auto Club Scholarship Fund – Assists Barberton High School graduates who are pursuing a degree in technical education. The desire is to assist those going into a career field that is aligned with the auto industry and/or the Auto Club. Recently amended to include (a) scholarships for students attending a 2 or 4-year College and (b) funds for Lake Anna YMCA scholarships.

Barberton Band Boosters' Henda Jones Memorial Scholarship Fund – Assist the Band Boosters in funding its scholarship program, which is designed to assist Barberton High School students with the costs associated with post high school education.

Barberton Community Foundation Board of Directors Scholarship Fund – Assists Barberton High School graduates with the cost of college.

Dr. Milan Pavlov Scholarship Fund – Assists Barberton High School graduates pursuing a degree in education. Dr. Pavkov was the Foundation's first chairman and a former Barberton Schools superintendent.

Barberton High School Alumni Scholarship Fund – Assists Barberton High School graduates with the cost of college.

Lois and Gary Matney Scholarship Fund – Assists Barberton High School graduates with the cost of higher education in the field of registered nursing. The Fund is in memory of Nellie Welty Rouch, R.N., the mother of Lois Matney.

Leach Family Scholarship Fund – Assists Barberton High School graduates with the cost of attending college.

Harry J. Bauschlinger Memorial Scholarship Fund – Assists Barberton High School students majoring in education.

Barberton PTA Muffet Family Scholarship Fund – Assists Barberton High School students with the cost of college.

Paul E. DeWitt Memorial Scholarship Fund – Assists Barberton High School graduates majoring in the visual and/or performing arts at the University of Akron. Paul DeWitt was a former member of the Foundation Board of Directors and was the Fiscal Officer for the Foundation at the time of his death. This fund is not endowed. The money will be paid out in an annual scholarship until the fund is depleted.

Emilio C. Chu, M.D. Nursing Scholarship Fund – Assists Barberton residents majoring in nursing.

Barberton Elk Lodge 982 Memorial Scholarship Fund – Assists Barberton High School students with the cost of college.

Bonnie Joyce Myers Memorial Scholarship Fund – Assists Barberton High School graduates majoring in Secondary Education or Career and Technical Education (two-year associate degree in secretarial science) at Kent State University. Does not make its first award until 2008.

Craig Wilson Journalism Scholarship Fund – Assists Barberton High School graduates majoring in journalism.

Barberton Citizens Hospital Medical Endowed Scholarship Fund – Assists a Barberton student attending NEOUCOM.

Thomas L. Angerer Memorial Scholarship Fund – Assists Barberton High School students with the cost of college.